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Chile, March 16, 2016 – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that it has provided its modules for the construction of innovative PV plant at the La Silla Observatory in Chile. The PV plant which is in construction has a total power of 1.7 MW, located in La Silla, in northern Chile (Coquimbo region) named after the neighboring astronomical observatory it will supply with its clean energy. It will be the first utility-scale PV plant in the world to combine the use of innovative bifacial and smart modules with conventional modules. The use of innovative panels is expected to increase power generation by between 5% and 10% compared to a traditional PV plant of equal size. The La Silla PV plant will utilize Jinko panels, including innovative smart modules. The smart module “Jinko Maximized” boasts a microchip that optimizes production from each panel by allowing it to deliver electricity to the grid regardless of any eventual malfunctions affecting other panels, unlike conventional modules where one malfunctioning panel can affect production of the other working panels. The La Silla observatory is equipped with several optical telescopes with mirror diameters of up to 3.6 metres. The facility belongs to the European Southern Observatory (ESO1), the pre-eminent intergovernmental astronomical research organization. ESO is carrying out an ambitious programme focused on the design, construction and operation of powerful ground-based astronomical observation facilities, and has the aim of enabling important scientific discoveries. As well as La Silla, ESO owns the Paranal and Chajnantor observatories, also located in the Atacama Desert. “Jinko is proud to join with our partners in the research and development of new technologies that will help to optimize the production of clean energy. We have already shipped more than 600 MW of modules in Chile and we are targeting to reach more than 1 GW modules shipped in Latam within this year. We reached this great result thanks to our partner that trust in Jinko and in the high quality technology of our product ” said Alberto Cuter, General Manger Latam&Italy JinkoSolar.
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
