JinkoSolar Holding Co., Ltd.
) announced that it will act as the sole photovoltaic (PV) facility
supplier for the 'Dream Grid' Plan, initiated by the Department of
Electronic Engineering of Tsinghua University, China.
JinkoSolar plans to construct a mobile signal tower and a
micro-grid system. The project site is located in Gonggashan,
Kangding County, Ganzi Tibetan Autonomous Prefecture in Sichuan
The objective of the 'Dream Grid' Plan is to provide opportunities
to the students of Tsinghua University to offer clean and
sustainable energy to Gonggashan center school and Gonggasha Yulong
West Village School in the Tibetan-inhabited areas of Sichuan
Past records show that JinkoSolar had entered into such
joint-exercises earlier also. In Dec 2013, the company had
announced that it will partner with Beijing University's Solar
Power Engineering Center to build the latter's first experimental
PV power plant on the university campus. The purpose of the project
was to collect and evaluate data on the power generation
capabilities of PV modules.
Going forward, JinkoSolar plans to execute more university-industry
tie-ups, research development projects, joint training as well as
corporate social responsibility programs to cultivate fresh talent.
Globally, the demand for renewable energy is gradually rising
primarily on the back of growing awareness among the masses about
its benefits. As solar energy is a major alternative energy
resource, JinkoSolar and other solar product manufacturers like
) are currently expanding their operations to take advantage of the
fast growing market.
It is evident from JinkoSolar's order book that its solar products
are finding its way in projects ranging in size from a few
kilowatts to multi-megawatts in markets across the globe. The
Chinese solar PV market is also gradually evolving as favorable
policy environment aims to meet growing energy requirements from
green sources. In Apr 2014, JinkoSolar connected two solar PV
projects to the grid in Jiangsu Province in China.
JinkoSolar currently has a Zacks Rank #3 (Hold). However, some
better-ranked stocks in the sector include
Covanta Holding Corporation
Yingli Green Energy Holding Co. Ltd.
). While Covanta carries a Zacks Rank #1 (Strong Buy), Yingli Green
holds a Zacks Rank #2 (Buy).
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