Greece, July 7, 2021 – JinkoSolar Holding Co., Ltd (the” Company”, or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that according to Energy Press, an influential industry research and media company in Greece, Jinkosolar is emerging to be a dominate player in solar utility sector in Greece with over 70% market share.
Based on the data provided by Energy Press, in a set of constructed and under construction projects, aggregating 636MW, JinkoSolar has delivered or is implementing deliveries of 470MW for the utility market. For 2021 alone the large-scale projects for JinkoSolar add up to 370MW in a market of 500MW, a market shares of about 74%.
The smaller projects which are in the range of 1-9MW and of course the many scattered 500kW projects is not counted, which belongs to a separate category. Including this category too, JinkoSolar’s deliveries will exceed 550MW for 2021 which equates to a total number of PV panels exceeding 1,200,000 panels!
The company is benefiting from strong demand for high-efficiency solar panels from the Greece PV market, especially in the utility segment. European investors prefer high-efficiency solar panels due to the relatively smaller available area for ground mounted installation, which makes it an ideal market for JinkoSolar's high efficiency solar panels. The company has mass produced the leading conversion efficiency solar panels, which provide efficiency as high as 21.35%.
JinkoSolar has a strong base in terms of its project pipeline, robust demand from Greece and solid bottom line. Thus, it looks perfectly positioned to post a strong growth in 2021 and the year beyond. Mr. Dimitris Varlamis, Head of Sales in JinkoSolar South-eastern Europe commented: “We feel proud for the trust and the loyalty that our customers show to us, regardless of whether it is a large-scale investment or a smaller one. The advanced technology and quality of the panels, the reliability of the company, and the high level of our services are the key elements that our customers value and choose to trust 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
