JinkoSolar Appointed Co-Chair of the B20 ECRE Taskforce
SHANGHAI, Oct 24, 2016 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the photovoltaic industry, today announced that it was appointed as one of the six co-chairs for the Business 20 (B20) Energy, Climate & Resource Efficiency Taskforce, under the leadership of the German G20 Presidency. This is the second consecutive year that JinkoSolar, the only Chinese enterprise and solar PV Company, participated in the B20 process. The selected Co-Chairs are leaders of well-known global enterprises and G20 members, and are vital contributors to the taskforce.
It is also the first time the Energy, Climate & Resource Efficiency (ECRE) Taskforce accepted JinkoSolar's recommendation to include solar PV renewable energy as a key topic of discussion at B20 in Germany next year.
"We are honored to participate as Co-Chair of the B20's ECRE Taskforce. The taskforce supports G20's goals by obtaining the appropriate financing, carbon market mechanism and policy that is needed to support global investment flows. More specifically, the world's infrastructure and clean energy requirements," said Mr. Xiande Li, Chairman of JinkoSolar, "This is the first time the B20 ECRE Taskforce selected a solar PV company as a Co-Chair. This indicates a common objective of G20 members to lead the world's economy towards a more sustainable path. In order to alleviate the current economic challenges, green energy infrastructure reform is the key. Solar power is now undercutting coal fired electricity in lots of regions; we need to focus on ways to seek investment to support the huge demand for clean energy finance, and the transition to a low-carbon society," he added.
When discussing the Chinese solar industry, Mr. Li stated "China has the ability to manage the transition from an export-led manufacturing economy to a consumption-based, energy services economy, executing its strategy with great technical and business model innovation. Chinese clean energy companies such as JinkoSolar have grown rapidly in recent years, playing a critical role in accelerating grid-parity and delivering strong productive gains across more and more countries. They are not only meeting consumer needs of today, they are building scale for the future."
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 visit: 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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