Jinko Supplies its Modules to Sibo Energy for their 100% Solar Powered project for Ad Astra Rocket Company, Costa Rica
SHANGHAI, China, April 5, 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 76.86 kW modules to Ad Astra Rocket Company, Costa Rica SRL.
Ad Astra Rocket Company, Costa Rica SRL, is currently generating 100% of its operating power requirement with renewable solar energy. The milestone was achieved today as the company`s new 76.86 kW solar array was formally connected to the facility and certified by representatives from Costa Rica`s electric power utility (ICE). Under normal operating conditions, the installed generating capacity of the array exceeds the laboratory`s requirement. This was fully anticipated, as the solar installation was also designed to supply additional energy needed during certain experiment campaigns, including operation of the plasma facility and the production of hydrogen.
The Ad Astra solar project was carried out under contract with Sibo Energy, a young Costa Rican private company, dedicated to the implementation of state-of-the-art commercial solar installations. The construction of the facility was initiated January 28, 2016 and took six weeks.
The facility, considered to be the largest ground mounted private solar installation in the country, features 252 solar panels of JinkoSolar high-efficiency Eagle module in seven modules with a peak generating capacity of 76.86 kW. The array operates under Costa Rica`s pilot program for distributed energy generation managed by ICE, where excess energy is fed to the grid for future use by Ad Astra in that same year.
“We are thrilled and excited about this important achievement, a major milestone in our path to creating a total ecosystem of renewable energy here in Liberia, which can be later replicated elsewhere” said Dr. Franklin R. Chang Díaz, Ad Astra`s Chairman and Chief Executive Officer.
“We have been extremely impressed with the professionalism and dedication of the Sibo team, who has been totally committed to the success of this project. We are proud to be working with them,” he added. “We feel truly honored to collaborate with an organization and a team of professionals who are working so passionately towards a better future; for their immediate community, for their country, and for mankind” said Edgar Ugalde, Sibo`s Executive Director.
“For JinkoSolar it is a thrilling opportunity to be part of such an important endeavor for humankind. We are very proud of having a partner like Sibo Energy, whom for many years now, have demonstrated great professionalism and a very high quality on all their projects” said Ricardo Garro, JinkoSolar`s Country Manager for Central America, Colombia and the Caribbean.
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 4.3 GW for solar modules, as of December 31, 2015. JinkoSolar also sells electricity in China, and had connected approximately 1,006.6 MW of solar power projects to the grid, as of December 31, 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.
To find out more, please see: www.jinkosolar.com
About Ad Astra
A US Delaware corporation established in 2005, Ad Astra Rocket Company is the developer of the VASIMR® engine, an advanced plasma space propulsion system aimed at the emerging in-space transportation market. Ad Astra also owns and operates supporting research and development subsidiaries in the US and Costa Rica. Through its subsidiaries, the company also develops earthbound high technology applications in renewable energy, advanced manufacturing and applied physics. Ad Astra has its main laboratory and corporate headquarters at 141 W. Bay Area Boulevard in Webster, Texas, USA, about two miles from the NASA Johnson Space Center. http://www.adastrarocket.com/
A Costa Rican company specializing in solar photovoltaic energy; striving to make clean energy available to institutions, businesses, schools, and homeowners. Recognized as one of the nation`s most innovative startups in 2013; Sibo Energy aims to further the use of renewable energy, delivering every project under the highest engineering standards.
For investor and media inquiries, please contact:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 5183 3056
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