(Bloomberg) — JinkoSolar Holding Co., a Chinese module
maker, agreed to supply 1 gigawatt of panels to China Minsheng
Investment Corp.’s clean-energy unit through 2016.
JinkoSolar will deliver at least 600 megawatts of equipment
this year to China Minsheng New Energy, the Shangrao, China-based manufacturer said Wednesday in a statement. Terms weren’t
China Minsheng intends to invest 200 billion yuan ($32.2
billion) in about 20 gigawatts of renewable-energy projects over
the next five years, according to the statement.
Solar installations in China, the world’s largest market,
may surpass 15 gigawatts this year and approach 18 gigawatts
next year, according to Bloomberg New Energy Finance.
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Reed Landberg at
Will Wade, Robin Saponar