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JinkoSolar Completed TUV Rheinland Product Carbon Footprint Assessment Third Party Assessment Reports Favorably on Factory Emissions SHANGHAI, March 15, 2012 - JinkoSolar Holding Co., Ltd. (“JinkoSolar” or “the Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, today announced the completion of its Product Carbon Footprint Assessment. The life cycle assessment (LCA) evaluated the carbon emissions at the company’s Jiangxi manufacturing facility, where JinkoSolar produces its polycrystalline and monocrystalline silicon PV modules. Conducted by international service firm TUV Rheinland, the study gives JinkoSolar favorable ratings for the level of CO2 emissions at its factory. The LCA Evaluation examined the assembly and packaging phases in the process of JinkoSolar’s PV module manufacturing. The report was designed in accordance with the principles of life cycle assessment stated in the international standards ISO 14040/ISO 14044. Its goal was to determine a quantified value of CO2 emissions, fulfill the requirements of an LCA, and generate awareness for the manufacturer of the environmental aspects of its product in order to identify priority areas of improvement. “Life Cycle Analyses are critical tools for understanding the end-to-end environmental impact of a company,” said Kangping Chen, CEO of JinkoSolar. “We are pleased that the results of this study indicate that the carbon dioxide emitted during the manufacturing phase is significantly less than the CO2 that will be reduced during the 25-year usage phase.” We take pride in ensuring that JinkoSolar has environmental means for our overall environmental goals and we are pleased that the carbon footprint report validates that principle,” added Chen. “I am really pleased to see our experienced team help JinkoSolar establish and implement a robust and comprehensive carbon management strategy. We will assist the Company in achieving the best results in various fields like carbon footprint, carbon offset and awareness improvement. It is also our commitment to provide them with a full set of monitoring and verification services,” said Ulrike Therhaag, Director of TUV Rheinland Greater China. 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
