JinkoSolar to Supply 274MWp Modules to ACCIONA
CAPE TOWN, South Africa, Sept. 10, 2013
CAPE TOWN, South Africa, Sept. 10, 2013 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a leading global solar
PV power product manufacturer, today announced that it entered into agreements
for the supply of photovoltaic modules in total amount of 274 MWp with
ACCIONA, one of the world leading renewable energy companies.
According to the agreements, JinkoSolar will supply Oakleaf Investment
Holdings 86 (Proprietary) Limited ("Oakleaf"), a joint-venture invested by
ACCIONA and its South African local partner, a South African-based
cooperation, with 94MWp of high-efficiency solar modules starting from
November 2013 through September 2014, for a solar farm located in Northern
Cape Province, South Africa. JinkoSolar will also supply 24.07 MWp of
high-efficiency solar modules starting from October 2013 through December 2013
for the Royalla PV Plant located in the ACT territory of Australia, which will
be built by Acciona Energy Oceania. Besides, Jinko will supply ACCIONA with
156MWp photovoltaic modules, which is subject to further discussion and final
definitive supply agreements between the parties from time to time in the
The solar farm in Northern Cape Province, once completed, will be one of the
three largest solar farms on the African continent. The project will use
approximately 319,600 high-efficiency JinkoSolar PV modules and will produce
approximately 206GWh per year, avoiding the emission of around 198,000 metric
tons of CO2 in coal-fired power stations. The solar farm in ACT territory,
once completed, will be one of the biggest PV plants in Australia. The project
will use approximately 81,600 modules of high-efficiency and will produce
energy for 4,500 Canberra houses.
"We are happy to fix this big contract with ACCIONA, and it is an honor to
work with ACCIONA on the milestone project in South Africa and Australia as a
beginning, which will not only substantially diversify South Africa and
Australia's clean energy mix, but will also set a good example of solar
energy," said Mr. Xiande Li, Chairman of JinkoSolar. "We will work closely
with ACCIONA, our reliable partner, to fulfil our shared commitment to
delivering affordable solar electricity to the world."
JinkoSolar is a leading solar PV power product manufacturer with production
operations in Jiangxi and Zhejiang Provinces in China and sales and marketing
offices in Shanghai and Beijing, China; Munich, Germany; Bologna, Italy; Zug,
Switzerland; San Francisco, the United States; Queensland, Australia; Ontario,
Canada; Singapore ; Tokyo, Japan and Cape Town, South Africa.
JinkoSolar has built a vertically integrated solar product value chain with an
integrated annual capacity of approximately 1.5 GW each for silicon ingots and
wafers, solar PV cells and solar PV modules as of June 30, 2013. JinkoSolar
distributes its photovoltaic products to a diversified customer base in the
global PV market, including Germany, Italy, Belgium, Spain, the United States,
Canada, France, Eastern Europe, Australia, China, India, Japan, South Africa
and other countries and regions.
Safe Harbor Statement
This news release may contain 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 "anticipates," "believes,"
"estimates," "expects," "future," "intends," "plans," "will," and similar
statements. Such statements involve inherent 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 public filings with the Securities and
Exchange Commission, including its annual report on Form 20-F for the year
ended December 31, 2012 filed with the Securities and Exchange Commission on
April 30, 2013, as amended on May 23, 2013. Except as required by law,
JinkoSolar undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information, future
events or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
For investor and media inquiries, please contact:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6061 1792
In the U.S.:
SOURCE JinkoSolar Holding Co., Ltd.
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