JinkoSolar Holding Co., Ltd. has signed a contract with Shanghai Electric to supply approximately 1 GW of solar modules for Phase V of the Dubai Electricity and Water Authority (DEWA) Solar Park.
The DEWA project is located in Dubai and is part of the government's sustainable development to support the Dubai Clean Energy Strategy 2050 with the goal of providing 75% of Dubai's total power output from clean energy sources by 2050.
JinkoSolar will supply its high-efficiency Swan series modules, which will meet the high requirements of Dubai's scorching temperatures and on the Levelized cost of energy (LCOE). The innovative, bifacial design and low operating temperature of the modules were chosen to help achieve high power gain, effectively reduce LCOE, and improve ROI for the project.
At the same time, in order to further strengthen cooperation in the field of renewable energy, JinkoSolar reached a strategic partnership agreement with Shanghai Electric based on the long-term cooperation between the two parties. JinkoSolar's strong reputation for its mature global distribution network and highly enriched experience managing overseas projects were perfectly matched with the renewable energy transformation goals of Shanghai Electric. Both parties intend to fully cooperate in the development, bidding, investment, and construction of overseas solar projects by leveraging their respective strengths and jointly contribute to the development of the global solar market.
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