JinkoSolar to Supply 18.5MWp to Lightsource, the UK's Largest Solar Energy Generator
LONDON, Oct. 4, 2013 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, today announced that it entered into an agreement before August 6th 2013 with Lightsource Renewable Energy, the UK's largest solar energy generator and asset operator, to supply 18.5MWp photovoltaic modules for solar farm projects in the United Kingdom. Once installed, these projects will generate enough clean electricity to power over 5000 UK households during daylight hours.
"We are pleased to have the opportunity to cooperate with Lightsource on solar farm projects. It is one of our largest wins in the UK and further extends our presence and brand recognition in the local market." commented Mr. Xiande Li, Chairman of JinkoSolar. "We look forward to working closely with Lightsource and share our mutual vision of a green low-carbon future."
Kareen Boutonnat, Managing Director for Lightsource Renewable Energy commented, "We are the UK's largest developer and operator of large scale solar farms, and our ever increasing pipeline demands that we ensure our supply chain remains intact. We have targets to be met, and therefore during the early stages of anti-dumping uncertainty we had to work closely with our suppliers to put in place orders that would secure the development of our projects. We are pleased to be working with JinkoSolar to meet the UK's renewable energy targets, and hope this partnership will continue into the future."
Kareen elaborated, "The progress of the global green economy has been astonishing recently. The most notable growth so far, has been the UK's demand for solar PV, a home grown energy asset that is cheap and swift to deploy. This means more jobs, more business opportunities and more international investment. It is a very exciting time for solar PV in the UK and deals like this with JinkoSolar will further progress the UK's vision to take energy generation into its own hands."
About JinkoSolar Holding 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 and wafers, solar PV cells, and solar PV modules, as of June 30, 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, France, Eastern Europe, China, India, Japan, South Africa, and other countries and regions.
About Lightsource Renewable Energy
Lightsource Renewable Energy Limited is the UK's largest generator of solar power. Lightsource develop, operate and maintain the largest portfolio of utility scale solar PV plants in the country with a total of over 316 MW of operational projects completed to date.
Lightsource is UK based with a growing team of over 150 experienced solar engineers, planners, and project managers. Founded in 2010, the company has made rapid progress over the past three years, establishing itself as the pre-eminent player in the UK Solar PV sector.
For more information visit the website www.lightsource-re.co.uk.
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.
For investor and media inquiries, please contact:
In China:
Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6061 1792
Email: pr@jinkosolar.com
SOURCE JinkoSolar Co., Ltd.
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