BEIJING: JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the”Company”) (NYSE: JKS), a global leader in the PV industry, today announced that it has supplied 33.67 MW of PV modules to Rijn Capital for a project in Chile. Rijn Capital is a Chilean renewable energy company that develops, acquires, builds, and operates a portfolio of power generation and transmission facilities. Rijn Capital owns a pipeline under development of nearly 500 MW´s of solar PV projects in Chile and was established by Rijn Capital BV (Netherlands).
Successfully completed and connected to the grid in April 2015, the San Pedro III PV Plant Phase I project is located in the Antofagasta Region of northern Chile. The project secured long term financing from CorpBanca, a local commercial bank, with EPC services rendered by EFACEC, the largest electric power group in Portugal. The project uses 110,400 JinkoSolar high-efficiency PV modules that will produce approximately 100GWh of electricity per year.
As a longtime supplier of electrical equipment and substations, we are proud to cooperate with JinkoSolar and to have provided EPC services for our first solar PV project in Chile,” commented Mr. Vitorino Rocha, EFACEC’s General Manager of Renewables Business Division. “We believe that this project will not only serve as an example of the application of renewable energy to the rest of the region but also demonstrate EFACEC’s commitment to providing quality and customized solutions to each project it works on.”
We are pleased to add EFACEC and Rijn Capital to our growing list of long-term partners,” commented Mr. Xiande Li, Chairman of JinkoSolar. “Our customers appreciate JinkoSolar’s quality and high level of customer service. We are growing our market share and reinforcing our leadership position in Chile and other emerging PV markets with this project.”
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 3 GW for silicon ingots and wafers, 2.0 GW for solar cells, and 3.5 GW for solar modules, as of March 31, 2015. JinkoSolar also sells electricity in China, and has connected approximately 617 MW of solar power projects to the grid.
JinkoSolar has over 15,000 employees across its 5 productions facilities in Jiangxi and Zhejiang Provinces, China, Malaysia, Portugal and South Africa, 12 global sales offices in China, Spain, the United Kingdom, the United Arab Emirates, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Brazil, Costa Rica and Mexico and 11 oversea subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile.
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.
