JinkoSolar Partners with GRID Alternatives to Extend Solar and Jobs to Underserved Communities
SHANGHAI - March 22, 2017 - JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the photovoltaic (PV) industry, today announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc. activated a partnership with GRID Alternatives, the nation’s largest non-profit solar installer. JinkoSolar will donate over 620 kW of high-efficiency solar modules to support GRID Alternatives’ work bringing solar power and job training to low-income communities across the country.
JinkoSolar’s contribution will help GRID Alternatives meet its goal of providing solar to an estimated 1600 families and multifamily affordable housing providers in 2017, saving them millions of dollars in energy costs over the system lifetimes while giving hands-on installation training to over 5000 individuals.
“JinkoSolar is proud to support GRID Alternatives, as they continue to service low-income families across the nation,” said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “Ensuring all communities have access to clean energy is extremely important to us. We applaud GRID’s unique model which provides underserved communities with the cost-saving benefits of solar and valuable hands-on training to community members interested in building a career in the solar industry.”
This is JinkoSolar’s largest philanthropic donation to GRID Alternatives to-date, building on several previous years of support for the organization and its mission.
“Large-scale equipment partnerships like JinkoSolar’s help us bring the benefits of solar—financial savings, job opportunities, and a clean, renewable energy source—to families and communities that would not otherwise have access,” said Erica Mackie, GRID Alternatives CEO and co-founder. “We’re grateful for JinkoSolar’s support.”
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 5.0GW for silicon ingots and wafers, 4.0GW for solar cells, and 6.5 GW for solar modules, as of December 31, 2016.
JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, and 15 overseas subsidiaries across Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. JinkoSolar has 18 global sales offices across China (2), United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
To find out more, please see: www.jinkosolar.com
About GRID Alternatives
GRID Alternatives is America’s largest nonprofit solar installer, bringing clean energy technology and job training to underserved communities through a network of community partners and philanthropic supporters. GRID has installed over 8,000 solar electric systems for low-income families and affordable housing providers with a combined installed capacity of nearly 30MW, saving $235 million in lifetime electricity costs, preventing 650,000 tons of greenhouse gas emissions, and providing 31,000 people with solar training. GRID has eleven regional offices and affiliates serving California, Colorado, the Mid-Atlantic, the New York tri-state area, Tribal communities nationwide, Nicaragua and Nepal.
For more information, visit www.gridalternatives.org.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
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