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."
Legal Statement
Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.