JinkoSolar Supplied 34MW of Solar Modules to sPower for Four Solar Power Projects in Antelope Valley, California SHANGHAI, Oct. 17, 2014 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that it supplied 34MW of solar modules to sPower for four solar power projects in Antelope Valley, California According to the terms of the contract, JinkoSolar supplied approximately 115,000 of its 305W high efficiency solar PV modules to sPower for the 34MW solar plant which is comprised of four separate projects located in Lancaster and Victorville, California. When fully operational, the sPower facility is expected to generate enough clean solar energy to serve the needs of approximately 4,110 homes per year, reducing emissions of carbon dioxide (CO2) by roughly 45,050 metric tons annually – the equivalent of taking nearly 10,000 cars off the road. sPower has a 20-year power purchase agreement in place with Southern California Edison (SCE) to purchase 34MW of clean energy output from the facilities. Swinerton Builders was the primary EPC for the project, which is expected to commence operations by November 30, 2014. “The abundance of solar energy in California makes PV modules the ideal solution to fulfill local electricity needs, and JinkoSolar's durable, high-performance modules are well suited to such a demanding environment. It is with great pleasure that we effectuate our partnership with sPower, a truly prominent player in the solar industry, on what is anticipated to be an assembly of successful solar projects”, said Mr. Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “We pride ourselves in our ability to provide high-quality products and contribute to the substantial growth of the US Solar industry.” “This is a significant milestone for sPower -- bringing online the first major group of projects after our merger with Fir Tree-backed developer Silverado Power earlier this year. The development of these projects has brought jobs and economic benefits to the Antelope Valley, while providing a sustainable future for the surrounding area,” said sPower CEO, Mr. Ryan Creamer. “We look forward to teaming with JinkoSolar on many more projects. Their experienced team is extremely capable, and we are pleased with the quality and performance of their PV modules.” “Swinerton is proud to have been selected to work with the sPower and JinkoSolar team,” said Mr. George Hershman, Swinerton Renewable Energy Vice President and Division Manager. “We share their commitment to delivering economical and responsible clean energy to rate payers.”
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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
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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
