JinkoSolar Donates 57 kW to GRID Alternatives Providing 16 Families with Solar Systems
San Francisco, CA, February 23, 2016 – JinkoSolar Holding Co., Ltd. (“JinkoSolar”) (NYSE: JKS), a global leader in the solar photovoltaic (PV) industry, today announced that it has donated 57kW to GRID Alternatives, a national non-profit organization that makes solar power and solar job training accessible to underserved communities.
JinkoSolar’s high-efficiency panels will help GRID Alternatives provide solar systems to approximately 16 low-income families in the Washington DC area, which is expected to save them $533,000 in lifetime energy costs. This donation will prevent 1094 tons of greenhouse gas emissions, which is the equivalent to 209 cars taken off the roads for a year, or 25,700 trees planted.
“JinkoSolar is grateful to be given the opportunity to provide solar, a cost-saving solution, to lower-income families,” said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “We commend our friends at GRID Alternatives as they continue to educate, train, and contribute to communities across the U.S."
“These 16 systems will not only provide much-needed monthly savings to struggling families, but will also provide over 2000 hours of hands-on solar job training opportunities to help people find work in the growing solar industry,” said Erica Mackie, GRID Alternatives CEO and co-founder. “We couldn’t do it without supporters like JinkoSolar.”
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 3 GW for silicon ingots and wafers, 2.5 GW for solar cells, and 4.0 GW for solar modules, as of September 30, 2015. JinkoSolar also sells electricity in China, and has connected approximately 846 MW of solar power projects to the grid, as of September 30, 2015.
JinkoSolar has over 15,000 employees across its 5 productions facilities in Jiangxi and Zhejiang Provinces, China, Malaysia, 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.
About GRID Alternatives
Alternatives is America’s largest non-profit solar installer bringing clean energy technology and job training to low-income families and underserved communities through a network of community partners, volunteers, and philanthropic supporters. GRID has installed 5,600 rooftop solar systems with a combined installed capacity of 19.4MW, saving $142 million in lifetime electricity costs, preventing 444,000 tons of greenhouse gas emissions, and providing over 21,000 people with solar training. GRID has ten regional offices and affiliates serving California, Colorado, the Mid-Atlantic and New York tri-state regions, and Tribal communities nationwide.
For more information, visit www.gridalternatives.org
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 5183 3056
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