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JinkoSolar Completes the First Athletic Arena PV Installation in Israel


SHANGHAI, 17 May, 2017 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the photovoltaic industry (PV), today announced that it has provided 686KW high efficiency solar panels to power the first athletic arena PV installation in Israel.

JinkoSolar has provided 686KW high-efficiency modules to Teddy Stadium in Jerusalem, Israel. Being executed in partnership with Inbar, the project is the first athletic arena in Israel with a solar energy system. This 686-killowatt capacity photovoltaic system generates over 1.2 million kilowatt-hours of electricity per year, saving about NIS 500,000 of electricity costs every year and mitigates 700 tons of greenhouse gases released annually.

"Jerusalem was first to install Solar Systems on public schools' roofs, and now the first to install a photovoltaic system on a sports stadium.” Commented by Anat Shani, VP Marketing at Inbar Solar Energy, “We were proud to be selected for the construction, operation and maintenance of this challenging project with JinkoSolar, and now we celebrate the conclusion of this flagship project. We trust JinkoSolar as they ensure that clients are provided with high quality, low maintenance clean energy solutions for their power needs and we look forward to working with JinkoSolar on future solar projects".

“It’s a pleasure for JinkoSolar to cooperate with Inbar to complete this flagship project. Teddy Stadium project will demonstrate the commercial and environmental benefits of using solar energy. Partnering with JinkoSolar will reduce Inbar’s maintenance costs and ensure high power output for the next 25 years”, said Dany Qian, Vice President of 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 5.0GW for silicon ingots and wafers, 4.0GW for solar cells, and 6.5 GW for solar modules, as of December 31, 2016.

JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, and 15 overseas subsidiaries across Japan (2),  Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. JinkoSolar has 18 global sales offices across 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:

About Inbar Solar Energy Ltd.

Inbar Solar Energy, established in 2008, is a leader in development, design, installation and maintenance of solar power systems in Israel.

Inbar is the market leader in Israel for its quality, professional installations and its vast experience in constructing solar plants in Israel.

Inbar installed and maintains solar plants of over 47 MW, ranging from 50 to 5000 Kilo-Watts. The first systems have been producing electricity for over 8 years.

Inbar is a registered contractor in the Electricity and Solar System fields, is bankable with all banks in Israel and is the preferred EPC constructor with the leading solar entrepreneurs in the county. Inbar is fully owned by FK Generators.
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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:

In China:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056

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