Shanghai, China, July 15 2021 -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it supplies 98MW of High-efficiency modules to Gruptec to empower two solar plants in Kenya. The two projects have a total power of 98 MWp and consist of 290,000+ Jinko solar PV Modules. Grupotec has completed the construction of the Radiant and Eldosol solar parks, near the city of Eldoret (in northwestern Kenya). The plants occupy 600+ acres of land to generate power that would supply power to 250,000+ households. This is the largest photovoltaic plant in Kenya and one of the largest in Africa. The plant is expected to reduce CO2 emissions by 106,000 tons per year.
Kenya, being a country that is endowed with relatively-high solar radiation levels throughout the year, has immense strategic relevance on solar energy projects. It is worth noting that Kenya has upwards of 300 days of sunshine annually, which is double Germany’s — the country that leads the whole world in solar energy-production with an installed solar capacity of more than 40,000 megawatts.
"We are proud that JinkoSolar’s technology and product has helped Africa tap into green energy. Our company is currently installing a similar solar plants in other African countries and we are always willing to train locals on the installation, operation, maintenance to make it easier for the country to undertake similar projects in the future," said Gener Miao, CMO of JinkoSolar.
Legal Statement
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
