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Japan, January 8, 2019 – JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the company has supplied its Cheetah series high efficiency modules for a 92MW solar power plant equipped with a large-size storage battery in Kushiro-cho, Hokkaido, Japan. The project being built on about 1,632,000m2 (about 163ha) of idled land in Kushiro-cho is scheduled to start operation in early 2020, and is expected to generate about 105,500,000kWh of electricity, which is equivalent to the amount consumed by 21,300 households, in the first year. This will be the largest-capacity solar power plant equipped with a storage battery ever built in Japan.
In addition to high efficiency and high power generation of Cheetah modules, other factors that, behind model selection, worth to be considered for this milestone project are the partial shading-resistance feature, thanks to its half-cut cell technology and the proven mechanical loading performance of Cheetah, capable to maintain high and stable power output within the temperature range of -40℃ and to +85℃, as well as in intense wind pressure, low temperature and snowy conditions.
Grid constraints and land availability are the keywords to face the challenges that Japan is facing in order to increase the share of solar PV with its electricity generation mix.This 92MW project is the perfect example of how Jinkosolar modules ensure stable operation of the power plant during both peak and off-peak hours by utilizing the most efficient solar panel at an appealing price and by being equipped with lithium-ion (Li-ion) rechargeable battery.
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@kbmyaudio.com
