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JinkoSolar Selected to Supply 50MW for GSHHSD Solar Project in China China-based module supplier plays key role in growing domestic renewable energy production SHANGHAI, May 20, 2012 -- JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company") (NYSE: JKS), one of the world’s leading vertically integrated solar power product manufacturers, today announced it will provide modules for a 50 megawatt (MW) solar project operated by state-owned renewable energy development company GSHHSD in northwestern China. Expected to come online within the year, the project marks a key contribution to China’s renewable energy production goal of 15 gigawatts (GW) by 2015. Located in the city of Zhangye in Gansu province, the solar project will contribute to the region’s government-backed goals that aim to curb demand for fossil fuels by increasing renewable energy development through solar, wind, nuclear and hydro power. The GSHHSD project is expected to connect with the state-operated grid within the year. “We are impressed with JinkoSolar’s integrity, stable operation and excellent product quality. We believe that JinkoSolar is in a position to provide us with first-class photovoltaic products that meet our needs. It is also our hope that this partnership will give impetus to even more wide-spread solar energy applications,” said GSHHSD Chairman Xingjie Zhu. "The solar industry in China is enjoying robust growth the last two years, marking significant diversification for our industry especially in 2012,” commented JinkoSolar Chairman David Li. “It is our unwavering promise to provide our customers with industry-leading products and services. As we strive to expand our operations at home in China, this remains a strong focus while we continue to meet the needs of our customers worldwide. Jinko’s 235P modules achieved the highest unit power yield in PHOTON Laboratory’s January 2012 outdoor field tests. IMS Research Institute also ranked Jinko Solar as one of the top 6 crystalline PV manufacturers globally in their latest report. China's broader 12th Five-Year Plan for National Economic and Social Development that began in 2011 designates solar power as one of the country’s seven "strategic emerging industries.” Through 2015, rapid development of this industry will be strongly supported by the state, which also includes support for domestic manufacturing and installation as well as research and development within the sector. For press inquiries, email pr@hyxd168.com
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.
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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
