JinkoSolar Supplies 304kW Solar Modules to One of the Largest Roof-mounted PV Plants in South Africa
SHANGHAI, July 10, 2013 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global PV solar power product manufacturer, today announced that it has supplied 304kW of high-efficient solar PV modules to one of the largest roof-mounted PV Solar plants in South Africa.
Located in Johannesburg, South Africa, the project was developed by Soventix GmbH, a German company that has been globally active in the development, construction and operation of solar power plants since 2010.
The project involving the provision of over 1,200 high-efficient photovoltaic JinkoSolar modules will produce approximately 443,840 kWh of electricity per year and save emission by nearly 72 tons of CO2 annually.
"We are very happy to build a strong partnership with Soventix GmbH to supply and construct this paradigmatic roof-mounted PV plant in South Africa," said Mr. Arturo Herrero, Chief Marketing Officer of JinkoSolar. "South Africa is one of our key markets where we have already achieved around 300 MW in contracts with our partners for the 1st and 2nd rounds of the public tenders and we expect to strengthen our position from current and future opportunities in the coming 3rd round of public tenders."
"We are happy to notice that not only could our clients enjoy the reduction of their electricity bills, but they also benefit from the diminishing of carbon taxes," said Mr. Rowan Jacklin, Soventix GmbH's Regional Manager. "Soventix has vast experience in providing our clients with high-standard PV projects, and our cooperation with JinkoSolar will undoubtedly enhance our competitiveness."
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 31, 2012. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including Germany, Italy, Belgium, Spain, the United States, Canada, France, Eastern Europe, Australia, China, India, Japan, South Africa and other countries and regions.
About Soventix GmbH
Soventix GmbH is headquartered in Duisburg and has subsidiaries in England, Ukraine, Romania, South Africa, Canada and the US. Soventix plans, constructs and operates valuable solar plants worldwide. With an excellent Know-How in the solar industry, Soventix realizes profitable photovoltaic projects and offers a variety of services from project development to financing, project realization, operation and maintenance. Soventix is increasingly active in the field of Independent Power Production (IPP) and develops innovative business models for Power Purchase Agreements (PPA).
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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