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SHANGHAI, China, April 7, 2016 – JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has supplied 23MW of high-efficiency PID(“potential induced degradation”)-free Eagle modules to Enerray, an Italian subsidiary of Maccaferri Industrial Group and Desert Technologies (‘DT’), a Saudi renewable energy engineering and construction contractor. Enerray and DT acted as turn-key EPC and O&M contractors for this project. Located 125 miles north of the Jordanian capital in Ma’an, the 23MW solar park uses 73,320 pieces of JinkoSolar high-efficiency Eagle modules. The project has been completed and is expected to produce approximately 47 GWh/year for the Red Sea port city of Aqaba and reduce CO2 emissions by about 25.000 tons/year. This project marks the first large scale project in the Middle East and is one of the 12 approved PV projects by the Jordanian Ministry of Energy and Mineral Resources. It is backed by a twenty-year power purchase agreement with the National Electrical Power Transmission Company (NEPCO). “Thanks to this great project Enerray will achieve once again its efficiency and quality standards which are all along part of Company’s targets. An evidence of this strategy is the selection of JinkoSolar and SMA as suppliers. A few weeks ago we completed the plant and we connected it to mains of the port city of Aqaba. Thanks to the joint venture with DT Technologies, Enerray aims at establishing its rank as market leader also in the Middle East market.” stated Michele Scandellari, Enerray SpA CEO. “We are proud of development and investment work, realized together with our partner, Enerray SpA and in this way we are beginning the construction of the plant. This project is the first one with a network of over 1.5 GW in the Middle East and North Africa, from Morocco to Saudi Arabia”, said Nour Mousa, CEO Desert Technologies. “We are extremely excited to have provided our leading technology to the first large-scale utility project in the Middle East. We believe this is the first step in developing a long-term relationship with such a prominent player in the region as Enerray and DT. We believe Jordanian market is leading the way in the adoption of solar energy in the region. Its current program has incentivized other governments to join the club.” adds Gulnara Abdullina, General Manager Africa & Middle East of JinkoSolar.
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
