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News Brief | April 2017

JinkoSolar and Marubeni Corporation sign PPA

JinkoSolar Holding Co., Ltd, announced that a consortium consisting of JinkoSolar and Marubeni Corporation have entered into an PPA with the Abu Dhabi Water and Electricity Company (ADWEC) for the solar PV independent power project located at Sweihan, Emirate of Abu Dhabi, UAE. A special purpose company jointly owned by JinkoSolar, Marubeni and ADWEA will construct, operate and maintain the PV plant for the duration of the 25-year PPA. The Project's financial agreements are expected to close in April 2017 with commercial operation expected to begin in 2019.
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