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Jax Daily Record Thursday, Nov. 8, 201802:37 PM EST

JinkoSolar leader to address JAXUSA

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The solar-panel maker's general manager for the U.S. and Canada is scheduled to speak Dec. 13.

JAXUSA Partnership scheduled Nigel Cockroft, JinkoSolar's general manager for the United States and Canada, as the keynote speaker for its fourth-quarter meeting Dec. 13.

The partnership is the economic development division of JAX Chamber.

The program is scheduled noon-1:30 p.m. at the Hyatt Regency Jacksonville Riverfront at 225 E. Coastline Drive.

The cost is $50 for JAXUSA investors; $65 for chamber members; and $75 for nonmembers.

For information, visit myjaxchamber.com.

JinkoSolar (U.S.) Industries, a subsidiary of China-based JinkoSolar Holding Co. Ltd., is building-out a solar-panel plant in AllianceFlorida at Cecil Commerce Center.

JinkoSolar agreed to open a 200-job, $50 million plant with the support of city and state incentives. The jobs, which will pay an average annual $45,562, must be created by the end of 2019.

The company will lease 285,652 square feet in the 407,435-square-foot building at 4660 POW-MIA Memorial Parkway.

Financial support comprises city tax incentives of $3.4 million, consisting of a $3.2 million Recapture Enhanced Value grant to be paid over 10 years and a $200,000 Qualified Target Industry tax refund for JinkoSolar to be repaid over five years.

The state will pay the remaining $800,000 of the total $1 million QTI refund.

 

 

 

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