JinkoSolar Signs Three-Year Strategic Cooperation Agreement for 600 MW Solar
PV Panels with China Three Gorges New Energy Corp.
SHANGHAI, Feb. 20, 2013
SHANGHAI, Feb. 20, 2013 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd.
("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power
product manufacturer, today announced that it has entered into a strategic
cooperation agreement with China Three Gorges New Energy Corp. ("CTGNE") to
deliver, during the three years from 2013 to 2015, a total of 600 megawatts
(MW) of its high-efficiency solar panels to be installed in western China.
"We are very pleased to sign this long term large contract and to further
extend our cooperation with CTGNE, one of the largest and fastest growing
developers of renewable energy projects in China, following our previous 50MW
contract with CTGNE we announced in October 2012," commented Mr. Xiande Li,
Chairman of JinkoSolar. "China is becoming a major and fast growing market for
solar PV modules, and we believe that our strategic cooperation with CTGNE
reflects CTGNE's confidence in the advanced technology, high quality, and
reliability of our products."
JinkoSolar is a leading solar power product manufacturer with production
operations in Jiangxi and Zhejiang Provinces in China and sales and marketing
offices in Shanghai, China; Munich, Germany; Bologna, Italy; Montpellier,
France; Zug, Switzerland; San Francisco, the United States; Queensland,
Australia; Ontario, Canada and Singapore.
JinkoSolar has built a vertically integrated solar product value chain with an
integrated annual capacity of approximately 1.2 GW each for silicon wafers,
solar cells and solar modules as of September 30, 2012. JinkoSolar
distributes its photovoltaic products to a diversified customer base in the
global PV market, including Germany, Italy, Belgium, Spain, the United States,
France, Eastern Europe, China, India, Japan and other countries and regions.
About China Three Gorges New Energy Corp.
China Three Gorges New Energy Corp. ("CTGNE") is one of the first state owned
enterprises to enter into the field of wind power. CTGNE actively explores
opportunities in renewable energy including wind, solar as well as other clean
energy technologies. CTGNE specializes in developing and operating
large-scaled renewable energy projects.
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.
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
For investor and media inquiries, please contact:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6061 1792
Mr. Christian Arnell
Tel: +86 10 5826 4939
In the U.S.:
Mr. Jeff Bloker
Tel: +1 480 614 3003
SOURCE JinkoSolar Holding Co., Ltd.
Press spacebar to pause and continue. Press esc to stop.