Categories Energy, U.S. Markets News

JinkoSolar and Schneider Electric join hands to build 55kW solar plant in Egypt

Chinese solar-module maker JinkoSolar Holding (JKS) recently joined hands with Schneider Electric to donate a 55kW off-grid solar project in Egypt.

The remote village called Abu Ghuraqd — 30 km away from Abu Redis — comprising of 35 families, a mosque, a school, a small medical center and three farms, will now be powered by this plant.

According to JinkoSolar, the total connected power load includes 15kW residential load and two 25kW irrigation pumps. Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity for just 8 hours per day.

The diesel generators also caused noise and air pollution — another issue for the residents.

“The completed off-grid solar power system covers power load for the village for 20 hours per day,” said the solar giant in a statement.

“We’re pleased to form a strong partnership with Schneider Electric to deliver this meaningful project,” said JinkoSolar VP Dany Qian. At JinkoSolar, we believe that access to energy is a fundamental human right, and this project is directly in line with that,” said Dany Qian, VP of JinkoSolar.

Earlier this month, Greek renewable energy provider juwi Hellas SA got a huge lift as JinkoSolar announced the supply of 9MW of solar panel modules to juwi’s 1500V DC system in Greece.

juwi Hellas SA signed a contract with ATEN Energy SA for juwi’s first 1500V DC system in Greece — one of the largest PV plants in Greece. It was built in just three months by juwi Hellas SA and is already in operation. JinkoSolar delivered the solar modules for the project.

Many experts tout solar energy as the most accessible power resource in the future. And China has been ahead in this race, even integrating solar adoption and panel production into its governance very early. The United States has been lagging in comparison. However, of late, solar energy has seen a rise in demand.

Of late, the solar sector has undergone two significant processes — a jump in supply and a cut in costs. But the increasing competition in the arena has rendered a steady cut in finished solar panels all over the world. This was further accelerated by emerging economies such as India and Brazil making a move to solar as part of their governance policies.

While costs have come down, the mass adoption of the technology is at the horizon. We will soon see a surge in demand globally, as emerging countries try to meet its requirement. “During the third quarter, most shipments went to emerging markets,” said JinkoSolar in its latest earnings conference.

 

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