JinkoSolar Supplies Solar PV Modules for the First Integrated Renewable Project in Kuwait
SHANGHAI, August 31, 2016– JinkoSolar Holding Co., Ltd. (“JinkoSolar”), a global leader in the photovoltaic (PV) industry, today announced that it has supplied 5 MW of solar modules to TSK Electrónica y Electricidad, S.A. (“TSK”), for use in the Shagaya Renewables Park PV Power Plant, the first integrated renewable project located in Kuwait
Kuwait’s Ministry Of Energy and Water owns this 10 MW PV project made up of 5MW of thin film and 5 MW of PV modules. The project is expected to be completed by September 2016 and will generate over 9624 MWh of clean energy annually.
“We are pleased to join another successful project in a new emerging market with TSK, “commented Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar, “The Arab states of the Persian Gulf market is growing very fast. The Kuwaiti government is targeting to have solar energy account for 15% of total energy consumption by 2030, which is not an individual case there. We will leverage our industry-leading position and expertise to meet the growing needs of the region.”
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 3.5 GW for silicon ingots and wafers, 3.5 GW for solar cells, and 6.5 GW for solar modules, as of June 30, 2016. JinkoSolar also sells electricity in China, and had connected approximately 1,130 MW of solar power projects to the grid, as of June 30, 2016.
JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, Spain, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
To find out more, please see: www.jinkosolar.com
TSK is a global Company that specializes in the execution of complex projects at an international level, providing its own technology for different sectors in industry such as electrical infrastructures, industrial plants, energy generation power plants (conventional and renewable), Oil & Gas, water treatment plants or installations for handling and storage of raw materials. TSK will reach approximate sales of up to 900 million Euro, with more than 850 professionals and international presence in more than 35 countries. www.grupotsk.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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