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)
Caption:
Designed for challenging sites, TopoSmart+ minimizes costs while maximizing power output for solar developers. (Image Source: GameChange Solar)
The Ossila Slot-Die Coater provides precise thin-film deposition for renewable energy research, offering scalability for solar technologies. Learn more here.
Achieving TÜV SÜD CTF2 certification aligns DAS Solar with international PV standards for n-type photovoltaic modules. (Image Source: DAS Solar)
Power Roll and Amcor team up to create flexible solar films, offering a low-cost alternative to traditional silicon panels. (Image Source: PRNewswire)