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SHANGHAI, March 25, 2015--JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it will supply 104 MW dc of PV solar panels for the Utah Red Hills Renewable Park project. JinkoSolar will deliver over 340,000 of its utility-scale, high-efficiency polycrystalline 72-cell panels to the Utah Red Hills Renewable Park though a contract with Swinerton Renewable Energy. Scatec Solar, the project’s developer and a long-term owner, hired Swinerton Renewable Energy to construct the plant and procure the appropriate technologies. The Utah Red Hills Renewable Park, set to be built on a site with excellent solar irradiation, will generate around 210 million kilowatt hours (kWh) of electricity per year, which will be fed into the grid under a twenty-year Power Purchase Agreement (PPA) with PacifiCorp’s Rocky Mountain Power, according to the utility’s obligation under the federal Public Utility Regulatory Policies Act. Based on EPA estimates, it will power approximately 18,500 homes and prevent nearly 145 thousand tons of carbon dioxide emissions annually. “We are thrilled to be a part of this large project,” said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “The Red Hills project is a true testament of the positive progression in the sustainable energy industry, which JinkoSolar is proud to support.” “Swinerton is excited to continue our successful partnership with JinkoSolar—an innovative leader in the Solar Industry—and to bring jobs and years of clean power to the Parowan residents. Utah Red Hills Renewable Park is a great project for the city of Parowan and we couldn’t be more eager to work with this team,” commented Mr. George Hershman, Vice President and Division Manager of Swinerton Renewable Energy. “Scatec Solar is proud to bring on experienced partners and proven technologies to build a project that will deliver clean and reliable energy to the residents of Utah,” said Mr. Luigi Resta, Managing Director of Scatec Solar North America. “Our team on the ground is excited to be building the first utility-scale PV project in a state with such incredible solar potential.”
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
