SHANGHAI, Nov. 17, 2011 /PRNewswire-Asia-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer in China, was selected as the preferred module provider for a partnership between AEE Renewables plc and EPC Graess Solartechnik for three solar projects across the United Kingdom. In total, the systems will produce approximately 12,500,000 kWh of power annually.
AEE Renewables plc, an international, integrated project developer of photovoltaic and hydro power energy systems, specifically chose JinkoSolar after the company's products passed AEE engineers' stringent standards for internal quality control, bankability and strength of investors. JinkoSolar also sets itself apart from other module providers through its flexible inventory strategy, which offers a reliable method to deliver modules as promised and on time.
The 4MW solar installation at Beechgrove Farm located near the village of Hawkchurch and a 5MW solar farm in South Marston located near the town of Swindon were completed in early October. An additional 5 MW project is planned to be finalized in early 2012.
"We are very pleased with JinkoSolar's professionalism and the quality of the products they deliver. JinkoSolar's service is first-rate, customizing its offerings to fit our needs and standing out from the competition," noted Dominic Faber, CIO for AEE Renewables plc. "JinkoSolar's commitment to staying at the forefront of providing cleaner energy makes the organization a perfect partner for our company. We look forward to continuing our work with JinkoSolar and hope the efficiency of its products becomes the market standard, paving the way for a wider adoption of solar energy."
"We place a high value on the quality of the products we deliver, as well as that of our customer service, which is evident through our many satisfied customers around the world," said Arturo Herrero, Chief Marketing Officer for JinkoSolar. "These initial projects in the UK are only the beginning of a fruitful relationship with both AEE Renewables plc and EPC Graess Solartechnik. Our partners and customers are important assets to our company, and we will continue to improve in order to provide them with products and services that stand out from what the industry has to offer."
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing, vertically integrated solar power product manufacturer with cost efficient operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Munich, Germany, San Francisco, U.S., Bologna, Italy, Montpellier, France and Zug. Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of 1.1GW each for silicon ingots, wafers, solar cells and solar modules as of June 30, 2011, and plans to expand its annual capacity to 1.5GW each for silicon wafers, solar cells and solar modules by end of 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market; including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
About AEE Renewables
AEE Renewables plc. is an integrated project developer of solar (PV) and hydro power plants. Since 1990, AEE's international team has been realising renewable energy projects all over Europe managed from their head offices in Germany, England, Malta and Turkey. AEE's business model spans the entire lifetime of each renewable energy project, from initial site selection up to planning, installation and decades of system operation with continuous quality management. As an independent and privately owned company AEE can individualise its selection of top technologies and partners for each unique project.
About Grass Solartechnik
Grass Solartechnik, specialising in the installation of solar PV parks, was founded in 1994 and has been active in the renewable energy sector across Europe since 2000. In cooperation with other leading companies projects are executed from the stage of planning until the start of operation. Specialised teams are working in close connection at the preparation of the site, the management of the logistics, the foundation, the installation of the subconstruction and modules as well as the grid-connection and safeguarding of the facility. This integrated approach ensures the efficient completion of pv-projects in a minimum of time. Up to and including 2011 Grass Solartechnik built more than 500 MW of medium-sized to large-scale pv power plants.
Safe Harbor Statement
This press 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 "will," "anticipates," "future," "intends," "plans," "believes," "estimates" 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 20-F for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission on April 25, 2011, as amended on May 10, 2011 and September 2, 2011. All information provided in this press release is as of November 17, 2011. 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.
SOURCE JinkoSolar Holding Co., Ltd.