JinkoSolar to Supply 50 MW of Solar Panels to Tegnatia for Projects in Turkey
SHANGHAI, May 18, 2015 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it will supply 50 MW of solar PV panels to Tegnatia, one of Turkey’s leading renewable energy developers.
According to the agreements signed by both parties at the beginning of 2015, the 50 MW will be delivered in several shipments bound for projects across Turkey. Tegnatia, which is as a joint venture between Turkey’s T Dinamik and Greece’s Egnatia Group, has become a leading solar EPC service provider in Europe. Greece’s Egnatia Group has a proven track record of over 300MW solar installations in Greece, Romania, Bulgaria and UK.
“JinkoSolar is very proud to have been chosen as a partner by Tegnatia, one of Turkey’s leading and most professional quality-focused renewable energy developers,” commented Mr. Frank Niendorf, JinkoSolar’s European Sales Director. “This deal makes JinkoSolar the Turkey’s leading module supplier. We look forward to identifying and engaging similarly strategic opportunities in Turkey in the coming months to continuously increase our market share.”
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 across its 4 productions facilities in Jiangxi and Zhejiang Provinces, China, Portugal and South Africa, 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 11 oversea subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile.
To find out more, please see: www.jinkosolar.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:
JinkoSolar Holding Co., Ltd.
Tel: +86 21-6061-1792
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