JinkoSolar Supplies 25.8 MW of Solar Modules to First Private Solar Park in India
Shanghai, June 21, 2013 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar PV power product manufacturer, today announced that it has supplied 25.8 MW of high-efficient solar PV modules to the first private solar park in India.
Located in Mandrup Village, Solapur District, Maharashtra State, India, the project was developed by Enrich Energy Pvt Ltd. on a turnkey basis, a pioneer in India focused on developing large scale private solar parks.
"JinkoSolar’s high-efficient polycrystalline modules were used in our first private PV solar park as they will help us to minimize the use of land and maximize the amount of reliable, emission-free solar power generated per dollar invested - which is one of our priorities" said Mr. Ankit Kanchal, Enrich Energy Pvt. Ltd’s Director - Commercial. "This is the first project of its kind in Maharashtra State developed under the Average Pooled Purchase Cost (APPC) / Open Access Mechanism&Solar Renewable Energy Certificates (REC) Mechanism.”
"Enrich Energy is one of our key strategic partners in India and we appreciate their efforts to pioneer the model of turnkey solutions for medium and large-scale solar investors,” said Mr. Arturo Herrero, Chief Marketing Officer of JinkoSolar.
“I believe JinkoSolar’s industry-leading technology, reliable contractual execution and excellent local service is key to develop this partnership. Besides, the high efficiency and performance of our products is ideal for this project, since our module has been ranked as one of the best modules for outdoor use, which is repeatedly recognized by PHOTON Lab test results. We are honored to have the opportunity to help to meet Enrich Energy’s renewable energy goals."
JinkoSolar is a leading solar PV power product manufacturer with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai and Beijing, China; Munich, Germany; Bologna, Italy; Zug, Switzerland; San Francisco, the United States; Queensland, Australia; Ontario, Canada; Singapore ; Tokyo, Japan and Cape Town, South Africa.
JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon ingots and wafers, solar PV cells and solar PV modules as of December 30, 2012. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including Germany, Italy, Belgium, Spain, the United States, France, Eastern Europe, China, India, Japan, South Africa and other countries and regions.
About Enrich Energy Pvt Ltd.
Enrich Energy Pvt. Ltd., headquartered at Pune, is an integrated solar energy solutions provider. Enrich Energy focuses on providing turnkey solar energy solutions from concept to commissioning of solar power projects and further operating and maintaining them throughout the life time of the project. The organization offers the entire gamut of efficient and cost effective solar energy solutions starting from solar radiation mapping, land acquisition, infrastructure development, power evacuation, effective supply chain management, project EPC to completing the chain with operations & maintenance services and assistance in sale of power. Enrich Energy is coming up with 350 MW’s of more Solar Parks in various states of INDIA.
Safe Harbor Statement
This news 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 "anticipates," "believes," "estimates," "expects," "future," "intends," "plans," "will," 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 Form 20-F for the year ended December 31, 2012 filed with the Securities and Exchange Commission on April 30, 2013, as amended on May 23, 2013. 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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