Investing.com - JinkoSolar Holding Co. (NYSE:JKS) will enter the data center business by supplying power directly from its solar plants to a new facility in China’s western desert region, Nikkei reported.
The Chinese solar panel maker, the world’s largest by production volume, plans to power and operate a data center on the outskirts of Zhongwei to meet growing demand from artificial intelligence applications.
The company will supply electricity directly from its solar power generation plants to the new facility in the vast western region of China.
JinkoSolar aims to stabilize its revenue stream by operating the data center alongside its existing solar panel manufacturing operations.
The move represents the company’s expansion beyond solar panel production into power consumption services as AI-driven data center demand increases globally.
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