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SHANGHAI, August 31, 2016– JinkoSolar Holding Co., Ltd. (“JinkoSolar”), a global leader in the photovoltaic (PV) industry, today announced that it has supplied 5 MW of solar modules to TSK Electrónica y Electricidad, S.A. (“TSK”), for use in the Shagaya Renewables Park PV Power Plant, the first integrated renewable project located in Kuwait Kuwait’s Ministry Of Energy and Water owns this 10 MW PV project made up of 5MW of thin film and 5 MW of PV modules. The project is expected to be completed by September 2016 and will generate over 9624 MWh of clean energy annually. “We are pleased to join another successful project in a new emerging market with TSK, “commented Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar, “The Arab states of the Persian Gulf market is growing very fast. The Kuwaiti government is targeting to have solar energy account for 15% of total energy consumption by 2030, which is not an individual case there. We will leverage our industry-leading position and expertise to meet the growing needs of the region.”
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.
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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@sgyrfw.com
