Shanghai, China, recently – JinkoSolar Holding Co., Ltd (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the world largest and most innovative solar module manufacturers, has announced today supplied 541MW Tiger Series modules for the Phase 1 of the Xuan Thien Ea Sub project in Dak Lak Province, Vietnam.
on November 15, 2020, the project was successfully energized the 500kV Sub substation connecting Xuan Thien Ea Sup solar power plants with a total capacity of 830MWp connected to national grid. Xuan Thien Ea Sup phase I has capacity of 600 MWac / 830 MWp, with a total investment of nearly 20,000 billion dongs, generated electricity output of 1.5 billion kWh / year. With almost 2 million solar panels, 500 kV / 1,200 MVA transformer stations, and 22.2 km of 500kV line are installed and connected to grid, this project is considered as one of the largest utility project in ASEAN at present. The Tiger 78 cells mono facial modules use Tiling Ribbon technology to increase the efficiency significantly. The design of 9 bus bars decreases power loss effectively to provide higher power generation with lower LCOE to ensure a stable long-term IRR for investors.
Mr. Nguyen Huy Hoang, General Director of Xuan Thien Group, one of the largest renewable energy developers in Vietnam, commented, “The factory was built in the middle of the two waves of Covid-19 pandemic, causing many difficulties for the import of equipment, the entry of foreign experts and the maneuvering and the lack of human resource due to the social gap. Thanks to the effort from JinkoSolar to supply goods on time, which is the key factor for this successful project.”
Mrs. Anita Li, General Manager of APAC region at JinkoSolar, commented, “Unlocking the potential of clean through large-scale solar deployment will promote the development of PV industry and energy transformation in Vietnam as well as the whole Southeast Asia. Vietnam is the largest market for utility scale projects in Southeast Asia and we are very proud to be the choose supplier for this project. JinkoSolar will continue to develop innovative technologies to effectively reduce BOS cost as well as the LCOE to maximize IRR for our investors.”
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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 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules, as of June 30, 2021.
JinkoSolar has 9 productions facilities globally, 22overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of June 30, 2021.
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@jinkosolar.com
