China-based JinkoSolar’s manufacturing plant in Florida has received tax credits under the US Inflation Reduction Act (IRA). Local US media termed it as a rare instance of a Chinese photovoltaic (PV) company benefiting from US incentives. The plant currently has an annual production capacity of 400 MW, with plans to expand by an additional 1 GW. This development takes place even as the Chinese PV industry faces many hurdles in the US.
Jinko’s Florida plant gains US tax credits
US tax credits awarded to JinkoSolar’s Florida solar plant signal a rare win for a Chinese PV firm in the American market. (Photo Source:Pixabay)
Aiko and ACAP’s innovation addresses efficiency challenges in PV by transforming high-energy photons into multiple electrons. (Image Source: Aiko)
Pennsylvania’s solar pipeline includes 9 farms under construction and 480 queued projects, showcasing its renewable potential. (Image Source: Landgate)
CEC’s new assurance role includes forming a manufacturer working group and transparent reporting for industry progress. (Image Credit/Source: Kindel Media/Pexels)
UNSW researchers found that a 75-25 chlorine-bromine mix optimally enhances performance in perovskite solar cells. (Image Source: ScienceDirect)