SHANGHAI, June 5, 2018 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. (NYSE: JKS) ("JinkoSolar" or the "Company"), a global
leader in the solar industry, today announced that its wholly owned
subsidiary, JinkoSolar (U.S.) Inc. has entered into a three-year
agreement to supply 1.43GW of high efficiency modules to sPower, a
leading renewable energy independent power producer.
This major supply agreement continues the strong strategic
relationship between JinkoSolar and sPower. To-date, JinkoSolar has
supplied over 800MW- approximately 2.5 million solar panels - for
sPower's PV projects. The agreement includes significant down
payments, which will help Jinko expand manufacturing capacity in
the United States and Asia.
"We have had a strong track record of success with JinkoSolar's
high quality and reliable modules, which is why we have signed
another deal," said Ryan Creamer,
CEO of sPower. "JinkoSolar's technology roadmap and cost leadership
are also strong enablers for our future projects, and we look
forward to maintaining our strong partnership."
"We are very pleased to work with sPower," said Gener Miao, JinkoSolar Vice President of Sales
& Marketing. "We value the opportunity to grow our business
with a visionary like sPower. JinkoSolar has been investing heavily
in advanced solar technologies, and these efforts have yielded
major benefits."
About JinkoSolar Holding Co., Ltd.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a global leader in
the solar industry. 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, 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 8 GW for silicon
ingots and wafers, 5 GW for solar cells, and 8 GW for solar
modules, as of December 31, 2017.
JinkoSolar has over 12,000 employees across its eight production
facilities globally, 16 overseas subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia, South
Africa, and United Arab
Emirates, and global sales offices in mainland China, Hong
Kong, Japan, India, Turkey, Germany, Switzerland, United
States, Brazil,
Chile, Australia, South
Africa, and United Arab
Emirates.
To find out more, please see: www.jinkosolar.com
About sPower
sPower, an AES and AIMCo company, is the largest private owner
of operating solar assets in the United
States. sPower owns and operates a portfolio of solar and
wind assets greater than 1.3 GW and has a development pipeline of
more than 10 GW. sPower is owned by a joint venture partnership
between The AES Corporation, a
worldwide energy company headquartered in Arlington, Virginia, and the Alberta
Investment Management Corporation, one of Canada's largest and most diversified
institutional investment fund managers. For more information, visit
www.sPower.com.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: ir@jinkosolar.com
Mr. Christian Arnell
Christensen, Beijing
Tel: +86 10 5900 2940
Email: carnell@christensenir.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale,
Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd.