What You Should Know About JinkoSolar, Which Makes Solar Panels In Jacksonville

What You Should Know About JinkoSolar, Which Makes Solar Panels In Jacksonville

The JinkoSolar plant in Jacksonville, which opened in 2018, is the first US plant for a Chinese solar module company. At its Westside facility, the company manufactures silver solar panels for homeowners and businesses across the country and other parts of North America.

Here are seven things you should know about the company.

Is JinkoSolar a good company?

Jinkosolar describes itself as "one of the largest and most innovative solar module manufacturers in the world" and sells its solar products to customers in over 20 countries, including the USA. According to the report on April 28, the company expects total revenue of $3.4 billion in the first quarter of 2023, up 58% year-on-year, and gross profit of $588.4 million, which is one increase of 81.5% compared to the previous year. Publication.

Are Ginco solar panels made in the USA?

In addition to China, Malaysia and Vietnam, Jinkosolar manufactures solar modules in its first production facility in the USA in Jacksonville, Florida. Jincosolar called the Jacksonville facility "one of the most advanced and fully automated module assembly plants in the world" in 2015. It opened in 2018. The company produces 1.2 million solar modules annually.

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Is JinkoSolar a Chinese company?

Jinkosolar Holding Company is based in China. Jinko Solar (US) Industries Inc., a foreign non-profit corporation, operates a manufacturing facility in Jacksonville. According to the incorporation documents, the company's President, Xiangde Li, resides in Shanghai, China. The company's CEO and directors have an address in Anaheim, California.

Where is Gincosolar's Jacksonville, Florida manufacturing facility located?

JinkoSolar operates a 287,000 square foot facility at 4660 New World Ave in Jacksonville. Cecile Business Center. Billed as "the most automated factory in Florida," the Jacksonville facility will produce about 100 solar panels per hour in four production shifts by 2022, according to the Jacksonville Daily Record.

How many people work at the Gincosolar facility in Jacksonville, Florida?

According to the company, GincoSolar employs 274 people at the Cecil Commerce Center facility in Jacksonville.

JinkoSolar expanding to Jacksonville?

GinkoSolar is planning a $52 million expansion that will create an additional 250 full-time jobs under the Consolidated Bill (2023-276) and provide tax credits of up to $2.3 million per property over 10 years .

What is Gincosolar's current share price?

Below is the latest Jinkosolar share price information.

This article first appeared in the Florida Times-Union: JinkoSolar: A Chinese company operates a facility in Jacksonville, Florida.

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