JinkoSolar says Malaysian factory runs on 100% renewables

Solar panels. Featured Image: foxbat/Shutterstock.com

June 16 (Renewables Now) - Chinese photovoltaics (PV) maker JinkoSolar Holding Co Ltd (NYSE:JKS) announced on Wednesday that its 7-GW solar cell and panel factory in Malaysia now runs solely on renewable energy.

The company said in a statement that this is its first overseas "RE100 factory" fully powered by renewables. At full production capacity, its annual power consumption is calculated at about 335 million kWh.

JinkoSolar is procuring hydro and solar power externally through utility-scale power purchase agreements (PPAs). The firm pointed out that by purchasing some 0.44 billion kWh of electricity, its Malaysian factory ranks as one of the largest solar corporate buyers of renewable energy in Southeast Asia.

A rooftop PV array is also expected to be installed on top of the facility by the end of 2022.

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