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Report: JinkoSolar downsizes plans for Florida PV factory

Published 03/09/2018, 05:33 PM
© Reuters.  Report: JinkoSolar downsizes plans for Florida PV factory
JKS
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  • JinkoSolar (NYSE:JKS) is now planning to employ only a quarter of the number of workers previously planned at its new photovoltaic module factory in Jacksonville, Fla., PV Magazine reports.
  • JKS expects to invest only $50.5M in its new facility and hire only 200 workers to produce PV modules - one-eighth the investment and one-fourth the employment originally planned - according to a fact sheet accompanying a resolution filed by Jacksonville's city council.
  • JKS revealed in January a 1.75 GW module supply agreement in the U.S., and it was widely believed that this plant would be a critical part of those plans.
  • Now read: Hydrogenics Delivers Strong Q4 Numbers, But Order Delays And 12-Month Backlog Disappoint


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