SHANGRAO, China, Sept. 17, 2020 /PRNewswire/ -- 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 its intention to co-operate with ENEOS
Corporation ("ENEOS"), Japan's
largest oil refiner, on the provision of solar modules for a
Virtual Power Plant ("VPP") project. For this project, JinkoSolar's
high-efficiency monocrystalline products will be deployed and
installed on the roof of gas stations connected to a cloud-based
distributed power plant, and will become the first VPP project of
JinkoSolar in Japan.
A VPP integrates a pool of independent power sources into a
power network and their aggregated assets are used to tailor the
supply and demand of electricity. On this project, the VPP
consists of JinkoSolar's high-efficiency solar modules
installed on the rooftops of several gas stations that are linked
in clusters to the charge/discharge cycle of the storage
system. This allows more efficient battery control optimization and
effectively re-utilizes the solar power generation on demand.
A world-renowned solar brand, JinkoSolar is also the first
foreign-owned solar module manufacturer to achieve annual shipments
of over 1 GW in Japan[1]. Mr. Kangping Chen,
Chief Executive Officer of JinkoSolar, commented, "Thanks
to the top quality and high-efficiency of our products, JinkoSolar
is continuously strengthening its cooperation with local partners.
JinkoSolar is proud to help accelerate the development of solar
energy and promote clean energy in Japan through this strategic partnership with
ENEOS.This co-operation shows that traditional oil and gas energy
companies are gradually transforming their business models and
expanding the use of renewable energy. It also demonstrates how
traditional energy and new energy can co-exist, leading to a
progressive move from a fossil energy era to a new energy era."
[1]
Source: Report by RTS Corporation: "Photovoltaic Market
2020".
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About ENEOS Co., Ltd
ENEOS Co., Ltd, is one of the leading providers of the next
generation of energy and regional services. The company focuses on
expanding the use of renewable energy towards the development of
decentralized energy systems, and promotes the flexible use of
decentralized power supplies.
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 17.5 GW for mono
wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of
March 31, 2020.
JinkoSolar has 7 productions facilities globally, and 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.
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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.