Intelligence
Jinko Power Outlines 10GWh Energy Storage Pipeline and Strategic Expansion Plans
2026-03-04 14:35

Recently, Jinko Power released its investor relations activity record for February 2026, engaging in discussions and providing responses on core topics such as the progress of its energy storage business and plans for new business expansion.

As one of Jinko Power's key emerging businesses and core strategies in its current development, the energy storage sector boasts a scale of under-construction and reserved projects exceeding 10GWh. These projects cover a diverse range of application scenarios, including grid-side, user-side, and integrated solar-plus-storage systems.

In terms of project construction, large-scale grid-side energy storage projects totaling 560MWh, located in regions such as Gansu and Anhui, were successively connected to the grid in 2025. Additionally, the 400MWh project in Qinhuangdao, Hebei province, commenced construction at the end of last year. Furthermore, the company plans to shortly begin construction on independent energy storage power station projects totaling approximately 4GWh across North, Northwest, East, Southeast, and Central China. Meanwhile, several of its energy storage projects in various locations nationwide have been selected for provincial new energy storage project construction lists.

Recently, Jinko Power also signed a strategic cooperation agreement with Tongliao Energy Investment Group and Sinohydro Bureau 6 Co., Ltd. The parties plan to jointly develop intelligent and digital benchmark projects in the eastern Inner Mongolia region, utilizing new energy storage as a key node. The company stated that moving forward, alongside scaling up its capacity, it will actively implement a business model that combines "asset-light and asset-heavy" approaches, aiming to forge energy storage into a new growth pole for the business.

Regarding the expansion of other business segments, the company plans to seek investment and merger and acquisition (M&A) opportunities across the upstream and downstream of the new energy power industry, as well as in emerging fields like AIDC (Artificial Intelligence Data Centers). Through various methods, including equity M&A and the co-establishment of industrial funds, Jinko Power aims to explore new development areas and enhance its overall profitability and market valuation.

Source:EnergyTrend

 
Tags:energy storage
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