JinkoSolar and DuPont Sign Strategic Collaboration Agreement
SHANGHAI, March 20, 2015 –JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that it has signed a strategic collaboration agreement with DuPont (NYSE:DD), which reflects the companies’ interests in furthering the growth and adoption of efficient and reliable solar generated electricity.
Areas of potential collaboration include technical development efforts to support continued improvements in the efficiency, durability and reliability of solar cells and panels, including through development and supply of advanced materials including DuPont™ Solamet® PV19x series photovoltaic metallization pastes and DuPont™ Tedlar® polyvinyl fluoride films, as well as co-marketing collaborations aimed at promoting the broader and faster adoption of solar energy to help address the world’s growing energy needs.
“DuPont deploys science to help solve some of the world’s most pressing problems – the growing global demand for energy is chief among them,” said Mr. Walt Cheng, managing director, DuPont Electronics & Communications, Greater China. “By collaborating with leading companies such as JinkoSolar, we can optimize the science of solar technology today and accelerate the development of new advanced materials that will continue to make clean and sustainable solar energy better and increasingly more affordable.”
“JinkoSolar has successfully worked with DuPont in the past to help enhance the power output and durability of our solar panels, and we look forward to further advances based on this strategic collaboration,” said Mr. Kangping Chen, chief executive officer, JinkoSolar. “Our company’s mission is to change the way we generate and use electricity, optimize the energy portfolio and enable a more sustainable future by delivering the cleanest, most efficient and economic solar energy solutions; and we will work to achieve this critical aim together with DuPont.”
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 2.5 GW for silicon ingots and wafers, 2.0 GW for solar cells, and 3.2 GW for solar modules, as of December 31, 2014. JinkoSolar also sells electricity in China, and has connected approximately 500 MW of solar power projects to the grid, as of December 31, 2014.
JinkoSolar has over 13,000 employees spread across its 11 subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile; 12 global sales offices in China, Spain, the United Kingdom, the United Arab Emirates, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Brazil, Costa Rica and Mexico; and four productions facilities in Jiangxi and Zhejiang Provinces, China, Portugal and South Africa.
To find out more, please see: www.jinkosolar.com
DuPont is the leading supplier of specialty materials to the solar energy industry, with advanced materials including DuPont™ Solamet® photovoltaic metallization pastes and DuPont™ Tedlar® polyvinyl fluoride films, designed to improve the power output, reliable lifetime and return on investment for solar panels.
To learn more, please visit http://photovoltaics.dupont.com.
DuPont has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6061 1792