SHANGHAI, Oct. 31, 2018 /PRNewswire-FirstCall/ --
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or "Company"), (NYSE
code: JKS) one of the world's largest solar module manufacturers,
announced today that it has entered into the Contract for the
Supply of PV Modules with Decmil Australia Pty Ltd on September 27, 2018, for supply 255MWp of its high
efficient solar panels for the Sunraysia Solar Farm ("Project")
developed by Maoneng Group. The Sunraysia Solar Farm is expected to
be the largest solar farm to have commenced construction in
Australia this year and will also
be one of the largest solar farms in the world upon construction
completion. The Project will also include a large scale battery
storage array.
The Project is being developed by Maoneng Group ("Maoneng"), an
Australian-Chinese developer, owner and operator of renewable power
generation assets. Maoneng has a development pipeline of 500MW of
solar farms within Australia and
sells energy and large-scale generation certificates ("LGCs") to
Australian businesses and governments through a combination of
medium and long-term contracts. Maoneng commissioned a 13MW solar
farm under the ACT Government's Reverse Solar Auction scheme in
November 2016. Maoneng reached
Financial Close for the 255MWp Sunraysia Solar Farm in October 2018.
The Sunraysia project forms a key step of AGL Energy ("AGL")'s
plan to replace the aging and increasingly decrepit Liddell
coal-fired generator. This Project is underpinned by two world
class Power Purchase Agreements (PPAs) under which UNSW Sydney and
AGL purchase energy over 15 years. The Project is expected to
generate around 400 construction jobs in Balranald, leading to
significant local economic growth and creating opportunities among
local community as to participate in the renewable energy
sector.
JinkoSolar has been chosen to supply all 255MWp panels,
including its latest HC Cheetah series products, for the Project
attributable to the high efficiency and reliability of its solar
panels, its plentiful experiences in global utility-scale projects,
and good records of duly delivery.
"JinkoSolar has demonstrated professionalism as a tier one
global manufacturer. We look forward to the cooperation with
JinkoSolar not only on this Sunraysia Solar Farm over the next 14
months, but also on future pipeline projects in Australia and the greater South East Asia region," said Morris
Zhou, Group Executive Director of Maoneng.
"JinkoSolar's panels deliver cost-competitive power with proven
long-term reliability, and we are proud to play a significant role
in serving AGL's goals for generating clean and renewable solar
power," said Gener Miao, Sales &
Marketing VP of JinkoSolar.
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 GW for silicon
ingots and wafers, 5 GW for solar cells, and 9 GW for solar
modules, as of June 30, 2018.
JinkoSolar has over 12,000 employees across its 6 productions
facilities globally, 15 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia and United
Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi
Arabia, Egypt, Morocco, Ghana, Kenya,
South Africa, Costa Rica, Colombia, Panama and Argentina.
To find out more, please see: www.jinkosolar.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
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.