26 gigawatts

can produce electricity in China more cheaply than fossil fuel-powered plants.

After 12 years of development, JinkoSolar now has generating capacity of 26 gigawatts of solar power worldwide. It has over 15,000 employees across eight production facilities globally.

Through its 16 overseas subsidiaries, JinkoSolar provides photovoltaic power services to both industrial and civilian sectors in more than 80 countries and regions.

Its global footprint spans Japan, Singapore, India, Turkey, Germany, Italy, Switzerland, the United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and the United Arab Emirates.

In China, the company’s development has been in accordance with the country’s rapid expansion of renewable energy facilities in recent years.

To make better use of solar power, avoid power-cuts and wastage of energy, the National Energy Administration issued a statement last year saying it planned to allocate its annual solar power installation quotas based on a review of idle rates and other conditions across China.

Many of China’s solar panels are located in less-populated areas with surplus solar capacity. Curtailment has extracted a heavy cost from China.

According to Chen, the government’s current supportive policies will help boost solar power generation as a percentage of the total power generation mix in China.

The new clean-energy quota system would help identify provincial targets, and ease the idle capacity problem by enabling technological evolution of photovoltaic power generation. This will help cut the cost of power generation eventually, he said.

According to Chen, the country’s Belt and Road Initiative has created massive demand for energy and a new growth frontier for the company.

Chen Kangping,