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JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Constructi

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JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Construction of Manufacturing Facility in the U.S.

https://www.jinkosolar.com/press_detail_1419.html?lan=en

SHANGHAI, January 29, 2018 / PRNewswire/ - JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that its wholly-owned subsidiary, JinkoSolar (U.S.) Inc. (“Jinko U.S.”), has signed a major master solar module supply agreement (the “Master Agreement”) with a U.S. counterparty.

Under the Master Agreement, Jinko U.S. will provide around 1.75 GW of high efficiency solar modules over approximately three years.

“This deal will further solidify our leadership in the U.S. market,” said Mr. Nigel Cockroft, General Manager of Jinko U.S. “An agreement of this magnitude exemplifies JinkoSolar’s commitment to provide our clients with the most reliable products and dependable, regional customer service.”

Concurrently, the Company’s Board of Directors has authorized JinkoSolar to finalize planning for the construction of an advanced solar manufacturing facility in the U.S. JinkoSolar continues to closely monitor treatment of imports of solar cells and modules under the U.S. trade laws.
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I wonder what caused this.
 
American said:
JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Construction of Manufacturing Facility in the U.S.

https://www.jinkosolar.com/press_detail_1419.html?lan=en



I wonder what caused this.
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prolly the big star in the sky about 93 million miles out

also, when the plant is located on US soil that means many, if not all tariffs are waived ............

I worked at Hitachi US Semiconductor in Irving, TX back in the late 1980s & early 1990s; no tariffs on those SRAMs & DRAMs ........
 
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American said:
JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Construction of Manufacturing Facility in the U.S.

https://www.jinkosolar.com/press_detail_1419.html?lan=en



I wonder what caused this.
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It appears to be good news, but Toyota and Honda, leave little profit in the US from their operations.
The profit is sent to Japan with the purchase of the parts to assemble the cars.
I hope this is not just an attempt to bypass the import rules.
 
cuban smokes said:
prolly the big star in the sky about 93 million miles out

also, when the plant is located on US soil that means many, if not all tariffs are waived ............

I worked at Hitachi US Semiconductor in Irving, TX back in the late 1980s & early 1990s; no tariffs on those SRAMs & DRAMs ........
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Good old "swervin" Irving, named so after the traffic. A place where everyone worked but few lived so it was crazy at rush hour.
 
I know it's different for everyone but I liked Irving; I lived in a huge, really nice, new apartment complex, right by the pool :)
There was a giant field nearby where I could ride my dirt bikes, when I wasn't riding my 1986 VFR700 'death' machine :lol:
Fond memories of DFW :cool:
 
cuban smokes said:
prolly the big star in the sky about 93 million miles out

also, when the plant is located on US soil that means many, if not all tariffs are waived ............

I worked at Hitachi US Semiconductor in Irving, TX back in the late 1980s & early 1990s; no tariffs on those SRAMs & DRAMs ........
Click to expand...

But they will bring their materials from China in at inflated costs to keep the end of line US markup razor thin so they don't have to pay much in the way of taxes.

For example: If my gadget needs 5 screws at a penny apiece, I bill it as a component to the US company at a dollar apiece, keeping an extra $ 4.95 in China. Asian auto manufacturers do that to boost profits at home. It's not as bad as it used to be but that is how they helped grow their nations thereby forcing US taxpayers to do a "back door" subsidy of foreign imports to the detriment of US manufacturers.

I'd sooner the US put the boot on China and require the same environmental, health and safety, and regulatory BS required of our domestic manufacturers.

I don't trust China one iota.
 
chuckiechan said:
But they will bring their materials from China in at inflated costs to keep the end of line US markup razor thin so they don't have to pay much in the way of taxes.

For example: If my gadget needs 5 screws at a penny apiece, I bill it as a component to the US company at a dollar apiece, keeping an extra $ 4.95 in China. Asian auto manufacturers do that to boost profits at home. It's not as bad as it used to be but that is how they helped grow their nations thereby forcing US taxpayers to do a "back door" subsidy of foreign imports to the detriment of US manufacturers.

I'd sooner the US put the boot on China and require the same environmental, health and safety, and regulatory BS required of our domestic manufacturers.

I don't trust China one iota.
Click to expand...

I don't trust China either. Too bad Republicans ceded leadership in solar power development to them.
 
chuckiechan said:
But they will bring their materials from China in at inflated costs to keep the end of line US markup razor thin so they don't have to pay much in the way of taxes.

For example: If my gadget needs 5 screws at a penny apiece, I bill it as a component to the US company at a dollar apiece, keeping an extra $ 4.95 in China. Asian auto manufacturers do that to boost profits at home. It's not as bad as it used to be but that is how they helped grow their nations thereby forcing US taxpayers to do a "back door" subsidy of foreign imports to the detriment of US manufacturers.

I'd sooner the US put the boot on China and require the same environmental, health and safety, and regulatory BS required of our domestic manufacturers.

I don't trust China one iota.
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well, I don't trust them either but how is the US gonna accomplish this?
"US put the boot on China and require the same environmental, health and safety, and regulatory BS required of our domestic manufacturer"
They can't & they won't.

I will give you an example.
There used to be a John Deere facility here in the Twin Cities; Coon Rapids.
The facility had to comply with ALL federal (and state) regulations; everything.
Eventually JD opened up a new facility in Saltillo Mexico. There, JD is free from any & all regulations that applied to their former Coon Rapids, MN facility even tho' JD makes the same products in Saltillo.

So, see what I mean? How would the US put the boot on China? AINT gonna happen bro' ..................
 
American said:
JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Construction of Manufacturing Facility in the U.S.

https://www.jinkosolar.com/press_detail_1419.html?lan=en



I wonder what caused this.
Click to expand...

Pres. Obama, Hillary Clinton and Nancy Pelosi did it. They personally traveled to China and convinced the President of JinkoSolar that he should be be bringing his manufacturing here.


...or maybe it was the tariff on solar panels making manufacturing them here a more profitable endeavor.
 
longview said:
It appears to be good news, but Toyota and Honda, leave little profit in the US from their operations.
The profit is sent to Japan with the purchase of the parts to assemble the cars.
I hope this is not just an attempt to bypass the import rules.
Click to expand...

Of course it is, but those jobs in both the construction of the plant and in the manufacturing/logistics are all big pluses. Not to mention the taxes the company will be paying here.
 
faithful_servant said:
Pres. Obama, Hillary Clinton and Nancy Pelosi did it. They personally traveled to China and convinced the President of JinkoSolar that he should be be bringing his manufacturing here.


...or maybe it was the tariff on solar panels making manufacturing them here a more profitable endeavor.
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You're lying!!! That's not even remotely possible!
 
chuckiechan said:
But they will bring their materials from China in at inflated costs to keep the end of line US markup razor thin so they don't have to pay much in the way of taxes.

For example: If my gadget needs 5 screws at a penny apiece, I bill it as a component to the US company at a dollar apiece, keeping an extra $ 4.95 in China. Asian auto manufacturers do that to boost profits at home. It's not as bad as it used to be but that is how they helped grow their nations thereby forcing US taxpayers to do a "back door" subsidy of foreign imports to the detriment of US manufacturers.

I'd sooner the US put the boot on China and require the same environmental, health and safety, and regulatory BS required of our domestic manufacturers.

I don't trust China one iota.
Click to expand...

and besides the points I brought up in post #8, is it really "BS" to protect the American environment, and the health & safety of American workers?
 
bearpoker said:
I don't trust China either. Too bad Republicans ceded leadership in solar power development to them.
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Let's see, who funded Solyndra?
 
American said:
Let's see, who funded Solyndra?
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As I remember China had a hand in sinking Solyndra.
https://www.washingtonpost.com/blogs/the-fix/.../solyndra.../gJQAig2g6U_blog.html
In February of 2008 the price of polysilicon began to fall sharply, while Solyndra’s claims of cheaper installation costs were also in doubt. Chinese firms started to crowd out American ones on the solar panel market. Natural gas prices also fell, making investments in more or comparatively more expensive alternative energy less attractive.
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American said:
A hand such as being to make solar cells/panels cheaper?
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That was part of it, and it doesn't bother me. What concerns me is that China was willing to do what it takes to develop the solar panel industry and the US was not.

What caused Solyndra to fail?
The final blow to Solyndra was China’s creation of a $30 billion credit line for its nascent solar industry. “The result: Chinese firms went from making just six percent of the world’s solar cells in 2005 to manufacturing more than half of them today,” says Swaby. U.S. market share is now just seven percent.
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