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SHANGHAI, March 20, 2015 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that it will supply 75 MWdc of its PV solar modules to Swinerton Renewable Energy for the Red Horse 2 Wind and Solar project in Cochise, Arizona. This large project, which was acquired by an affiliate of D. E. Shaw Renewable Investments, L.L.C. (DESRI) in August 2014, will utilize 248,750 of JinkoSolar’s high-efficient 72-cell polycrystalline solar panels. Swinerton Renewable Energy will develop and construct the project, in addition to providing ongoing operations and maintenance services to the facility. The hybrid wind and solar project is expected to power approximately 13,500 homes upon its completion. “JinkoSolar is excited to work with Swinerton Renewable Energy and DESRI on another large-scale project. The Red Horse 2 project is a true example of the advancement of renewable energy in the United States and we are proud to be an integral part of the growing clean energy industry,” said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “This adds to our growing list of projects in the United States. We delivered over 400 MW of modules to US projects in 2014, and in 2015 have so far signed U.S. contracts to supply an additional 750MW. The US has become the second largest market for JinkoSolar after China.” “Swinerton is excited to continue our successful partnership with JinkoSolar—an innovative leader in the Solar Industry—and to bring jobs and years of clean power to Arizona residents. Red Horse 2 is an exciting solar and wind project and we couldn’t be more eager to work with this team,” commented Mr. George Hershman, Vice President and Division Manager of Swinerton Renewable Energy.
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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan(2), 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