JinkoSolar Achieves an “A” Rating for Brazil’s Inmetro Certification
SHANGHAI, October 31, 2011 - JinkoSolar Holding Co., Ltd. (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer in China, today announced that it has received Brazil’s National Institute of Metrology, Quality and Technology (Inmetro) certification for photovoltaic (PV) systems, a prerequisite for companies wanting to sell products in Brazil.
The accreditation program aims to support Brazilian enterprises by improving the quality of goods and services. In February 2002, Inmetro established a working group for PV systems, named GT-FOT (Grupo de Trabalho de Sistemas Fotovoltaicos) in order to implement standards for certifying PV systems and their components. This program represented a joint agreement between Inmetro and ABEER – the Brazilian Association of Renewable Energy and Energy Efficiency Companies.
"We are pleased to have another independent agency validating the quality of our products,” said Arturo Herrero, Chief Marketing Officer of JinkoSolar. “The Inmetro certification reflects JinkoSolar’s dedication to expanding our global footprint in emerging countries worldwide, such as South America’s markets, the high quality of our products and the stringent standards to which our company holds itself.”
"Last week, we experienced firsthand during our extensive meetings in Brazil, Argentina, Mexico and Chile the high potential in the South American market, the commitment and support to renewable energies, and Solar, from local governments and the initiative from developers, investors and distributors to dedicate their business to Photovoltaics. We anticipate rapid growth in the Latin America market,” added Arturo Herrero.
Products on the Inmetro’s list are certified on a scale of A through E for their quality technical competence and energy efficiency. All JinkoSolar’s modules appearing on the list received an “A” rating, reserved for the highest quality products. As of June 2011, the Inmetro certifications listed 18 PV components manufacturers, with most of the products falling short of the “A” rating. In addition, JinkoSolar is the only company with Inmetro’s certification for the most range of products, with more than 15 references.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing, vertically integrated solar power product manufacturer with cost efficient operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Munich, Germany, San Francisco, U.S., Bologna, Italy, Montpellier, France and Zug. Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of 1.1 GW each for silicon ingots, wafers, solar cells and solar modules as of June 30, 2011, and plans to expand its annual capacity to 1.5GW each for silicon wafers, solar cells and solar modules by end of 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market; including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
Safe Harbor Statement
This press release may contain 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," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on 20-F for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission on April 25, 2011, as amended on May 10, 2011 and September 2, 2011. All information provided in this press release is as of October 31, 2011. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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