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Chairman of JinkoSolar Commented On Landmark Paris Climate Agreement Taking Formal Effect


News provided by

JinkoSolar Holding Co., Ltd.

Nov 04, 2016, 05:24 ET

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SHANGHAI, Nov 4, 2016 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the photovoltaic industry, today announced that the most significant international agreement to combat climate change Paris Climate Agreement took effect on November 3, a month after 94 countries representing 55% of the world's emissions committed ratified the agreement - and less than a year after negotiators from nearly 200 countries agreed to the specifics of the text at the 2015 U.N. climate summit.

As the world largest solar module producer and one of the leading global solar power plant developers, JinkoSolar has played the role as an advocate of renewable energy and has supported proactive government approaches to achieving the Paris Agreement in every occasion since last year. Mr. Xiande Li, Chairman of JinkoSolar, commented on this landmark agreement, "It is a moment to celebrate, it is also a milestone that the world ends the path to inevitable climate disaster and sets off with determination towards a sustainable future."

"And what does this agreement entering into force mean for companies. The business world should prepare and divert to a low-carbon growth path. If you are investing in carbon reduction and energy efficiency and implementing shifts towards an environmentally friendly portfolio, implementation of the Paris Agreement is a strategic business advantage. Now that the Agreement is in force, countries and companies that embrace and support that reality will thrive; those that don't will be left behind."

"The Paris Agreement has made great headway, and there will be more progress in Morocco at COP22 in November. Although we have a long way to go, I know that many in the business world are well prepared to make the journey to a thriving, low-carbon economy. Nowadays, solar power is undercutting coal fired electricity to become the cheapest, the cleanest and safest power source. Every industrial and commercial rooftop should be used, every idle land could be utilized for solar energy. It is the easiest and most feasible way for companies to fulfill their carbon reduction commitment as well as to drive growth simultaneously. So it will future-proof your climate efforts and ensure your company is not disadvantaged as the rest of the economy decarbonizes. "

About JinkoSolar Holding Co., Ltd.

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 3.5 GW for silicon ingots and wafers, 3.5 GW for solar cells, and 6.5 GW for solar modules, as of June 30, 2016. JinkoSolar also sells electricity in China, and had connected approximately 1,130 MW of solar power projects to the grid, as of June 30, 2016.

JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, Spain, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
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.

SOURCE JinkoSolar Holding Co., Ltd.

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