? SHANGHAI, March 14, 2011 /PRNewswire via COMTEX/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing, vertically integrated solar product manufacturer with low-cost operations based in China, today announced that it has joined PV CYCLE's European association for voluntary take-back and recycling of photovoltaic modules. By doing so, JinkoSolar joins more than 70 companies in an international effort to establish a network of solar module collection points by 2015. ? PV CYCLE is currently setting up collection points across Europe where installers and citizens will be able to dispose of worn-out modules. End-of-life modules will be separated into crystalline and thin-film modules and taken to a PV CYCLE recycling center where they will be sorted by their product number and manufacturer and then weighed before being disassembled into their main components and recycled. The recycling program is financed by the member companies. "Recycling end-of-life modules makes PV technology more sustainable, and is a key element of our strategy to match our high quality products and services with a high level of environmental awareness and social responsibility," noted JinkoSolar's CEO Mr. Kangping Chen. "Such recycling not only helps the environment by reducing waste, but also helps reduce energy requirements and costs associated with producing new modules. We are looking forward to collaborating with the PV CYCLE association and advancing our recycling initiative as we work towards a greener tomorrow. " PV modules contain materials that can be recovered and reused in either new PV modules or other new products. Industrial recycling processes exist for both thin-film and silicon modules. Materials such as glass, aluminum and a variety of semiconductor materials are valuable and reusable when recovered.
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.