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JinkoSolar Partners with Jinchuan Group to Complete and Connect the First Phase of China’s Largest 200 MW PV Plant Shanghai, China, September 5, 2013 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar PV power product manufacturer, today announced that the first phase of 200MW PV solar power plant located in Jin Chang, Gansu Province, China, has been successfully completed and connected to grid. The project was jointly invested and developed by the Company and Jinchuan Group Co., Ltd. ("Jinchuan Group"), a Chinese state-owned enterprise. Spread across 11,416 acres with a total investment of RMB1.8 billion, the 200MW solar facility solely utilizes JinkoSolar high-efficiency modules which have proven to be the optimal choice for utility-scale solar projects. JinkoSolar modules maximize yields and land use while minimizing cost per kWh. The solar plant will generate an average of 300 million kWh annually making it China's largest independent PV solar power plants. “We’re very pleased to have the opportunity to cooperate with Jinchuan Group on this very important project. The market and development of PV power plant projects in China is gradually maturing. Chinese developers, investors and financial institutions are increasingly concerned about the quality, performance and reliability of the PV power plants, especially large-scale PV power plant projects that require heavy capital investment. Only quality and sustainable long-term output of the power can ensure the future return on the investment.” said Mr. Xiande Li, Chairman of JinkoSolar. “JinkoSolar has become the benchmark company in the solar industry. Their scale and capability greatly impressed us, making JinkoSolar the ideal choice for this milestone project, especially given the protection afforded to clients and investors with JinkoSolar’s excellent Quality Assurance System. The government’s new strategic plan has laid out the industry’s future in China and provided strategic clarity. We look forward to cooperating on future projects with JinkoSolar.” said. Mr. Yongqian Wang, General Manager of Jinchuan Group.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.
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Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@lwggcj.com
