City Seeks Incentives For JinkoSolar To Create 200 Jacksonville Jobs

Mar 7, 2018

Legislation was filed Wednesday for an economic development agreement with JinkoSolar (U.S.) Inc. to support creation of company's operations, creating 200 jobs, in Jacksonville.

The China-based solar-panel manufacturer announced it would open a U.S. plant but did not say where, the Daily Record reports.

The legislation title was posted at coj.net about 4 p.m. but the full legislation was not yet available at the time of this story's posting. 

The legislation recommends approval of the company by the Florida Department of Economic Opportunity as a Qualified Target Industry business.

Resolution 2018-149 says the city will pay $200,000 of the QTI with a state match of $800,000 for a total of $1 million. The city also would pay a Recaptured Enhanced Value grant of $3.2 million.

The city seeks a two-reading “fast track” schedule. It will be introduced March 13 and the final approval could be March 27.

Previously the city has referred a large. unnamed solar manufacturer it has been trying to attract as Project Volt.  You can read more about Project Volt here.

The Daily Record will also be updating its story with additional details as they become available.

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