(Bloomberg) — JinkoSolar Holding Co. will supply 75
megawatts panels for a solar project in southeastern Arizona
owned by the New York hedge fund D.E. Shaw & Co.
JinkoSolar will supply the panels for the Red Horse 2
project in Cochise, Arizona, the Shangrao, China-based solar
manufacturer said Friday in a statement.
The project acquired by D.E. Shaw in August is part of 750
megawatts of contracts JinkoSolar signed so far this year in the
U.S., now its largest market after China, Nigel Cockroft, the
company’s U.S. general manager, said in the statement.
JinkoSolar is spending about $100 million to open a factory
in May in Malaysia, increasing its manufacturing capacity to
avoid duties in the U.S. and Europe.
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Will Wade, Tina Davis