JinkoSolar Supplies 100 MW of Solar Modules to One of the Largest Solar Power Projects in Vietnam
Shanghai, April 24, 2019-JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a reputable solar module manufacturer in the world, today announced that it has supplied 100MWof high efficient solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of the Vietnam's largest solar power projects.
The project is located in Buon Don district in the Central Highlands province of Dak Lak. Construction began in October 2018 with commercial operations beginning in January 2019. A total of VN?2.2 trillion (US$95 million) was invested in the project by Dai Hai Investment. The project is expected to reduce the need to import approximately 90,000 tons of coal into Vietnam annually and reduce CO2 emissions by 72,000 tons.
Speaking at the inauguration of the project, Deputy Prime Minister Truong Hoa Binh said that Dak Lak had an important strategic position in terms of economic development and security and defense in the region. Deputy Prime Minister Binh commented, "Renewable energy has become a global trend and Vietnam in general, and Dak Lak in particular, have a lot of potential for solar energy development. This complex will play an important role in our efforts to further the province’s socio-economic development while ensuring national energy security.”
JinkoSolar was selected as the exclusive supplier for the project due to its strong global track record and high-efficiency panels which are idealy suited for Vietnam's hot and humid climate. Ms. Anita Li, General Manager of JinkoSolar, commented, "We are excited to collaborate with Dai Hai Investment to develop and promote solar energy in Vietnam. As one of the largest solar plants in this country, this project demonstrates JinkoSoalr’s commitment to manfucaturing reliable PV modules which form the foundation of this 25-year solar project investment. Quality is critical to large projects like this."
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the world’s largest and foremost solar module manufacturers. 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 9.7 GW for silicon wafers, 7.0 GW for solar cells, and 10.8 GW for solar modules, as of December 31, 2018.
JinkoSolar has over 12,000 employees across its 6 productions facilities globally, 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and United Arab Emirates, and global sales teams in United Kingdom, France, Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi Arabia, Tunisia, Egypt, Morocco, Nigeria, Kenya, South Africa, Costa Rica, Colombia, Panama 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.
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JinkoSolar Holding Co., Ltd.
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Shanghai, April 24, 2019-JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a reputable solar module manufacturer in the .
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