Will Chinese Solar Companies Build Plants in the US?

JinkoSolar Holding Company Ltd has signed a lease in Jacksonville, Florida as the first step in building a solar photovoltaic manufacturing plant in the United States. JinkoSolar is currently negotiating with Jacksonville city officials on a financial incentive package to build the solar plant.

JinkoSolar is the largest publicly traded solar manufacturer in the People’s Republic of China (PRC). The company markets solar products and services to countries across the world. The company is headquartered in the Shangrao Economic Development Zone in the PRC.

President Trump’s recent tariffs on solar products has prompted many companies in the PRC to consider moving solar manufacturing plants to the United States. JinkoSolar is considering investing approximately $50 million in the Jacksonville solar plant.

Share and Enjoy !


Leave a Reply

Your email address will not be published. Required fields are marked *