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JinkoSolar to Provide 35 MW to Clēnera for the Arizona Avalon Solar Project Shanghai, May 9, 2014 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that it will supply 35 MW of solar PV modules to Clēnera, a leading clean energy finance and management firm, for the construction of the Avalon Solar Project. According to terms of the agreement, groundbreaking is expected to begin during the second quarter of 2014, with an anticipated completion date during the fourth quarter of 2014. Swinerton Renewable Energy will provide engineering, procurement, and construction services for the project. Located in Pima County, Arizona, this large-scale solar system will be built on 500 acres of land adjacent to the Mission Mine Complex. The site was chosen for its compliance with an Environmental Protection Agency (“EPA”) program established with the objective of constructing renewable energy projects on abandoned land, including old mining sites. The project will create up to 300 construction jobs, and will generate nearly $4 million in local property tax revenue. 114,750 pieces of JinkoSolar 305W high efficiency PV modules will be used in the project, which is expected to produce enough energy to power over 7,000 homes, saving approximately 53,000 tons of carbon dioxide (CO2)—which is comparable to removing 11,000 cars from the road. The power will be sold to Tucson Electric Power Company, helping to achieve the Arizona state mandate of 15% renewable energy generation by 2025. “Swinerton is excited to continue our successful partnership with JinkoSolar and Clēnera—both innovative leaders in renewable energy—to bring jobs and years of clean power to Arizona residents,” commented George Hershman, Vice President and Division Manager of Swinerton Renewable Energy. “We are very pleased to work with the Clēnera and Swinerton team’s again on a second US project and one of the largest solar projects in Arizona,” said Mr. Nigel Cockroft, JinkoSolar’s US General Manager. “Our commitment to our product’s quality and outstanding service has propelled us to collaborate with these industry leaders.
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
