JinkoSolar has announced it has signed a 2750 MW solar panel supply deal with NextEra Energy making it the largest single solar panel supply deal in recent times.

NextEra Energy operates approximately 47,000 megawatts of net generating capacity and employs approximately 14,000 people in 33 states in Canada and the United States, with plans to own 7000 MW of solar and wind generation capacity between 2017 and 2020.

The between Jinko and NextEra Energy will further enhance the position of both parties in the solar industry and according to Jinko will lead to lower costs in production and greater customer demand for stable and reasonable energy prices.

NextEra Energy’s chairman and CEO Jim Robo said: “As NextEra Energy continues to invest heavily in new solar projects across the country, we’re thrilled to have the opportunity to buy cost-effective, reliable solar panels made here in America. JinkoSolar shares our commitment to delivering affordable clean energy solutions.”

“The partnership with NextEra is not about the large quantity of the order. Rather, what we value more in this arrangement is the long term relationship we have established with an important partner,” said JinkoSolar CEO Kangping Chen.

Jinko became the world’s largest solar module manufacturer with 6.65 GW of modules shipments in 2016 and continued to grow in 2017 with a growth rate of 47% and the shipping of over 9.7 GW of modules.

“This partnership with NextEra is built upon a mutually shared vision and belief in sustainable development.”