SHANGRAO, China, Feb. 26, 2021 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. (the "Company" or "JinkoSolar") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, today announced that it is the first international solar
company to have signed on to the Global Framework Principles for
Decarbonizing Heavy Industry ("Framework Principles"), as part of
its efforts to continue supporting the decarbonization of the heavy
industry sector in favor of a transition towards clean energy.
Mr. Dany Qian, JinkoSolar Vice
President, commented, "I am honored to support the Global Framework
Principles for Decarbonizing Heavy Industry on behalf of
JinkoSolar. Renewable energy will be vital to decarbonizing the
heavy industry sector, which creates nearly one third of global
emissions. As a producer of zero-carbon energy sources, we are
proud to be one of the first companies in China to support these Framework Principles
and look forward to working alongside the rest of the signatories
to raise global targets on decarbonizing the heavy industry."
As more countries and governments take more serious actions on
climate change and are on the search for more effective ways to cut
emissions, the progress has still not kept up with the worsening
reality. In addition, the current Covid-19 crisis has led to a
considerable slowdown in industrial activities and this threatens
to divert attention away from the sustainable transition. Time is
of the essence especially in heavy industries since long-term
investment cycles mean that decisions made in the short-term could
risk locking in emissions intensive production for decades to
come.
Governments play a critical role in developing economic recovery
programs to accelerate this progress:
- Key targets for sustainable stimulus for the heavy industry
include: incentives for energy efficiency; improving material
recycling systems;
- Funding and support for the development and demonstration of
innovative clean technologies.
- Legislation to eliminate emissions from energy intensive heavy
industries, for example provisions in regulations (e.g. carbon
market, carbon prices and emission trading schemes).
- Sectoral agreements (e.g. formal international commitment to
reduce emissions in a sector).
- Green certificate and emission trading schemes.
- Tariffs or tax based on carbon dioxide emissions.
- Consumption-based regulations (e.g. requirements on a
proportion of renewable energy in a company's billable power
consumption).
- International cooperation, such as technology transfer and
sharing of best practices.
Through sound policy design and close co-operation among
stakeholders, we believe that the progress of decarbonization will
continue to accelerate as planned. JinkoSolar will continue to play
an indispensable role in providing cheaper and smarter clean energy
solutions to help companies in the heavy industry effectively move
towards greener operations to combat climate change.
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 20 GW for mono wafers,
11 GW for solar cells, and 25 GW for solar modules, as of
September 30, 2020.
JinkoSolar has 9 productions facilities globally, 20 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United
States, Mexico,
Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, 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, as of September 30, 2020.
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. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.