Jinkosolar Supplies Modules To CSEM-UAE For Solar Outdoor Laboratory
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that it has supplied solar PV modules to CSEM-uae ("CSEM"), an independent, non-profit Swiss-UAE joint venture company for applied research. The modules will be used for CSEM’s Solar Outdoor Laboratory, an R&D and innovation center for renewable energy in Ras al-Khaimah, UAE.
Located in the northern Emirate of Ras al-Khaimah and built to develop and test competitive solar energy solutions for the Cooperation Council for the Arab States of the Gulf ("GCC") market, the project has been operating since September, 2013.
"We’re very proud to have the opportunity to participate in and demonstrate our leading solar-photovatic technology to the GCC market," commented Mr. Kangping Chen, Chief Executive Officer of JinkoSolar. "As an emerging market, the GCC region with its substantial population serves as the ideal location to set examples for future solar projects. As one of the global leaders in the solar PV industry, we look forward to demonstrating the application of renewable energy technology in the Middle East region."
Hamid Kayal, Chief Executive Officer of CSEM-uae said, "We are excited about cooperating with JinkoSolar. As one of the global leaders in this industry, JinkoSolar will help and demonstrate the off grid applications of solar power with completive cost per kWh. The UAE’s government is committed to providing and developing clean energy. This project is going to be one of the best proofs of concept, demonstration and educational sites in the region."
AboutJinkoSolar Holdings Co., Ltd.
JinkoSolar is a global leader in the solar PV industry 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, wafers and solar cells and approximately 2.0 GW for solar modules, as of December 31, 2013. JinkoSolar sells electricity in China and distributes its solar products to a diversified customer base in the global PV market, including Germany, Italy, Belgium, Spain, the United States, Eastern Europe, China, India, Japan, South Africa, and other countries and regions.
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.
Emirate: Ras Al Khaimah
Date: Feb 13, 2014
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