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Jinko to supply Acwa Power with 3GW of solar modules: Chinese solar and energy storage company Jinko Solar was awarded a contract to supply Saudi’s Acwa Power with PV panels, according to a statement. The contract will support Acwa’s 1.2 GW Haden and 1.8 GW Al Khushaybi projects.
About the projects: The Haden solar power plant will be constructed by a consortium led by China Energy Engineering Group and will use Jinko’s N-type Tiger Neo series 78 PV modules, while India’s Larsen & Toubro’s (L&T) was contracted for Al Khushaybi project which will use Jinko’s N-type Tiger Neo series 66 PV modules. Earlier in September, Acwa Power secured USD 2.6 bn financing from PIF’s Water and Electricity Holding Company (Badeel) and Aramco subsidiary Aramco Power for three solar plants, including Haden and Al Khushaybi.
Jinko Solar already has projects in Saudi: Jinko Solar is supplying 1 GW of solar modules for the solar energy plants powering Saudi Arabia’s giant Neom Green Hydrogen Project currently under construction. The company also signed a JV agreement in July with Saudi’s PIF and Vision Industries to locally produce 10 GW of photovoltaic cells and modules each year.
And the rest of the region too: The company boasts a self-reported 50% share of the PV suppliers market in the region with activities in Oman and UAE. Last March, Jinko partnered with Singapore’s Sembcorp Utilities to develop Oman’s 500MW Manah 2 solar plant. In UAE, the company is partnering with Masdar, Abu Dhabi National Energy Company (Taqa), France’s EDF Renewables, and Emirates Water and Electricity Company (Ewec) to develop the 2 GW Al Dhafra Solar IPP.
