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SHANGHAI, October. 13, 2014 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that it will supply 21.5MW PV solar modules for the construction of the Searchlight solar project located near Searchlight, NV, approximately 50 miles south of Las Vegas. The project was acquired by an affiliate of D. E. Shaw Renewable Investments, L.L.C (DESRI) and Bright Plain Renewable Energy (BPRE), two investors active in the solar industry, from American Capital Energy, Inc., the initial developer of the project. Signal Energy will act as the EPC for the project and will provide operation and maintenance services once the project is completed. 70,525 high-efficiency JinkoSolar modules will be used in the construction of this project, which will generate approximately 45,000MWh of clean energy annually for NV Energy customers once it is connected to the grid by the end of 2014. “We are very excited to have the opportunity to work with such reputable companies as DESRI, BPRE and Signal Energy on this sizeable project”, said Mr. Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “Being a global leader in the industry, we are proud to be in a position where we can continually provide excellent products, while promoting a brighter, more sustainable future for the U.S and the world.” “The Searchlight project is an important milestone in achieving Nevada’s renewable energy goals,” said Mr. Bryan Martin, managing director and head of U.S. growth and buyout private equity at the D. E. Shaw group. “We are pleased to be partnering with JinkoSolar, BPRE, and Signal Energy in helping transform the state’s natural solar resources into a clean and reliable source of energy.” “Signal Energy Constructors is proud to provide its utility-scale solar EPC expertise to the Searchlight Solar Project,” said Mr. Ben Fischer, CEO of Signal Energy Constructors. “There are great opportunities in the solar industry over the next few decades and projects like this help build a clean energy future for America.”
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
