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Shanghai, July 30, 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 2.2 MW of high-efficient solar PV modules to HMC Farms, which will span across 390,000 square feet of ground space and enable HMC to significantly hedge against rising electric utility charges on two cold storage and packaging meters. The solar plant has been developed and is being built by California based Cenergy Power, a leading integrator of solar power systems. HMC Farms, a vertically integrated grower, shipper and packer of peaches, plums, etc., selected JinkoSolar’s module for its high efficiency and long-term sustainability. The giant ground mounted solar system is designed to produce over 3.4 million kWh of energy annually, which will reduce the plant's energy needs by 68% and provide an attractive 4-year unlevered return on investment. "We believe that economically sound sustainability initiatives make tremendous business sense and we're excited to move forward with JinkoSolar and Cenergy Power on our large solar project," says Michael Toms, Chief Operating Officer of HMC Farms. "In addition to the strong financial benefits, we feel great about the environmental attributes associated with the solar system. According to data from Environmental Protection Agency (EPA), the clean energy generated by our solar farm will be equivalent to the carbon sequestered by 2,000 acres of forests annually."
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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan(2), 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.
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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@hyxd168.com
