JinkoSolar to Supply 49 MW of Solar Modules to China Resources Power
SHANGHAI, April 18, 2016 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it will supply 49 MW of solar modules to China Resources Power Investment Company Limited ("China Resources Power") for three solar PV plants.
China Resources Power is the Hong Kong-listed subsidiary of China Resources (Holdings) Company Limited, a state-owned enterprise. China Resources Power’s business includes PV power generation, wind power generation, and etc. JinkoSolar will provide solar modules for three of their solar PV projects totaling 49MW.
"We are delighted to cooperate with China Resources Power by providing modules to their PV projects totaling 49 MW. As one of China’s leading integrated energy companies, China Resources Power is very active in the nation’s energy structural adjustments and is focused on the development of green PV power plants. We both share a common goal of working to promote green new energy.” Mr. Xiande Li, Chairman of JinkoSolar, commented, “China's PV market has experienced rapid growth in recent years: in 2015, China topped the world in cumulative installed capacity, and during the new Five-Year Plan, China’s PV market will continue to maintain the strong momentum. Given these favorable conditions, JinkoSolar will continue to improve its overall technological strength and core competitiveness, as well as work closely with reputable domestic power development companies to maintain our leading position in Chinese market."
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
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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