SHANGHAI, Sept. 10, 2014 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that its 100MW solar PV power plant in Xiangshui, Jiangsu Province was connected to the grid. The company has so far successfully connected to the grid for more than 300 MW of solar PV power projects. Without farm land occupation, the project was built on the top of a 2 million square meter fish pond which is located in the coastal economic development zone in Xiangshui, Yancheng City, Jiangsu Province. It is one of the largest Solar PV projects connected to the grid in Jiangsu Province and has the highest boosting level in China. The power plant has been granted a 20-year subsidy of 1.0 RMB/KWh. "The Xiangshui project is a landmark ground-mounted solar PV project in Eastern China with its efficient use of land and combination of fish farming and solar power generation, which is in-line with the National Energy Administration’s new policy.” commented Mr. Xiande Li, Chairman of JinkoSolar. “The project began construction in April and was connected to the grid in September. I am proud that our highly efficient team work, demonstrating our outstanding technical capabilities, construction efficiency, and strong coordination skills. The government continues to promote favorable policies and subsidies which we believe will create numerous new opportunities during the second half of 2014. Our strong financial position, rich project development experience and high-quality pipeline will ensure that we achieve our full year project development target as we work to increase shareholder value."
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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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.
To find out more, please see: www.jinkosolar.com
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
