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SHANGHAI, April 3, 2013 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar PV power product manufacturer, today announced that it has entered into a module supply agreement with a well-recognized solar project developer (the “Developer”) to deliver a total of 115 megawatts (MW) of its high-efficiency solar panels for two projects in South Africa. The projects will be developed, designed, constructed and commissioned by the Developer. This module supply agreement will also serve as a general terms and conditions under which the Developer may purchase from JinkoSolar additional solar panels for other projects worldwide in a three year period. Both projects are part of Phase 2 South African IPP Procurement Program. The first project will consist of a total of 75 MW while the second project will consist of 40 MW. “We are extremely pleased to sign another large, long-term contract and to further extend our presence in South Africa, one of the fastest growing solar markets in the world” commented Arturo Herrero, Chief Marketing Officer of JinkoSolar. “JinkoSolar has been very successful in winning contracts in South Africa thanks to the trust from our customers and local banks, in both the first and second phases. South Africa, with its abundance of sunshine, rapid economic growth and governmental support, is one of the most important emerging markets for JinkoSolar.” “Our local presence, bankability and our partnership with developers in South Africa has boosted our reputation in the market as a long-term reliable and trustworthy partner in renewable energy development. And we look forward to the completion of these two projects and the opportunities for further cooperation during phase 3, making solar power increasingly cost competitive in South Africa.” added Arturo Herrero.
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
