JinkoSolar Supplies 700kW Dual-Glass Mono Perc Modules to the Largest Floating Project in Israel

Shanghai, July 16 2019 --JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has supplied 700kW dual-glass Mono Perc modules to a floating solar plant in Nir Etzion water reservoir, Israel. The floating solar plant developed by Mei Hof Hacarmel went into commercial operation in April, 2019 and is the largest of its kind so far built in the country. The Nir Etzion floating plant is expected to generate electricity of 1225MWh annually. By virtue of high efficiency and power output, JinkoSolar dual-glass Mono Perc modules ensure lower occupied space to achieve the specified capacity with reduction in balance of system (BOS) costs, achieving lower LCOE and higher IRR. Furthermore, the module’s dual-glass design leads to excellent water proof of zero water vapor transmission rate during the lifespan, which is perfectly fit for floating PV deployment. "We are very delighted to supply our modules to such a milestone project,” said Ms. Anita Li, General Manager of ROA. “Modules’ quality is one of the most important pillars for floating PV. Excellent water proof and high reliability is required to secure stable operation. This project is another testament to Jinko’s quality leadership and we will always keep quality as our promise.” The completion of the project opens an attractive and viable path for PV deployment in Israel. “We are delighted to complete the project in conjunction with JinkoSolar. The floating project has several advantages including reduced land usage, possible reduction in water evaporation losses and improved power generation due to evaporative cooling effect from the water, which are important for the further solar PV development in Israel where land resources are relatively scarce and undesirable for PV installations.” commented Yoed Ludar, CEO of Mei Hof Hacarmel water association.