JinkoSolar Supplies 700kW Dual-Glass Mono Perc Modules to the Largest Floating Project in Israel
Shanghai, July 16 2019 --JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has supplied 700kW dual-glass Mono Perc modules to a floating solar plant in Nir Etzion water reservoir, Israel. The floating solar plant developed by Mei Hof Hacarmel went into commercial operation in April, 2019 and is the largest of its kind so far built in the country.
The Nir Etzion floating plant is expected to generate electricity of 1225MWh annually. By virtue of high efficiency and power output, JinkoSolar dual-glass Mono Perc modules ensure lower occupied space to achieve the specified capacity with reduction in balance of system (BOS) costs, achieving lower LCOE and higher IRR. Furthermore, the module’s dual-glass design leads to excellent water proof of zero water vapor transmission rate during the lifespan, which is perfectly fit for floating PV deployment.
"We are very delighted to supply our modules to such a milestone project,” said Ms. Anita Li, General Manager of ROA. “Modules’ quality is one of the most important pillars for floating PV. Excellent water proof and high reliability is required to secure stable operation. This project is another testament to Jinko’s quality leadership and we will always keep quality as our promise.”
The completion of the project opens an attractive and viable path for PV deployment in Israel. “We are delighted to complete the project in conjunction with JinkoSolar. The floating project has several advantages including reduced land usage, possible reduction in water evaporation losses and improved power generation due to evaporative cooling effect from the water, which are important for the further solar PV development in Israel where land resources are relatively scarce and undesirable for PV installations.” commented Yoed Ludar, CEO of Mei Hof Hacarmel water association.
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 10.5 GW for silicon wafers, 7.0 GW for solar cells, and 11.0 GW for solar modules, as of March 31, 2019.
JinkoSolar has over 13,500 employees across its 7 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 China, 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.
For investor and media inquiries, please contact:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]
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