JinkoSolar PV Projects Connected to the Grid Reach 100MW 20MW and 10MW Solar PV Projects Connected in Xinjiang and Qinghai Province Shanghai, China, September 12, 2013 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that its 20MW solar PV power plant project in Shaya, Xinjiang Province and 10MW solar PV power project in Gonghe, Qinghai Province have been successfully passed the acceptance inspection conducted by the national grid. The company has so far successfully connected to the grid for more than 100MW of solar PV power projects. The Shaya power plant is the company’s first project located in Xinjiang Province’s arid desert region. Located in Shaya Industrial Park in Shaya, Xinjiang Province, the solar power plants covers an area of 546,667m2 comprising of approximately 80,000 JinkoSolar high-efficiency poly-crystalline solar modules. The Gonghe power plant is located on the Tibetan Plateau in Gonghe County, Qinghai Province where it receives abundant sunlight for approximately 2,640-3,036 hours annually. The project comprises of approximately 40,000 JinkoSolar 250W poly-crystalline solar modules. The company deployed two professional operating & maintenance teams to monitor and maintain the plants 24 hours a day, 7 days a week. “Xinjiang’s Shaya region and Qianghai’s Gonghe County are rich in sunshine making solar power plant the ideal solution for electricity production. High-efficiency, reliability and quality aid JinkoSolar products in resisting the severe environments of these regions.” commented Mr. Kangping Chen, JinkoSolar’s CEO. “In 2013 China’s domestic solar industry has experienced a surge in development as a result of the support and guidelines issued by the Chinese government and the implementation of feed-in-tariff. China’s downstream market is gradually maturing as developers, investors and financial institutions are increasingly concerned about the quality, performance and reliability of the PV power plants, especially large-scale PV power plant projects that require heavy capital investment. Only quality and sustainable long-term output of the power can ensure the future return on the investment. We are pleased to announce this milestone and aim to have more than 200MW projects connected to the grid by the end of this year, then have aggregate amount of more than 500MW by the end of 2014, generating approximately 630Gwh of electricity and RMB590 million in revenue in 2014. With favorable government policies, the completion of the Shaya and Gonghe projects marks the beginning of an exciting period where we expect to successfully develop further downstream projects and generate solid returns.”
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About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. 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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.
To find out more, please see: www.jinkosolar.com
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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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
