JinkoSolar & Marubeni 1177 MW Sweihan Project Wins MESIA Large Scale Solar Project Award
SHANGHAI — JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the “Company,” or “JinkoSolar”), a global leader in the solar PV industry, today announced that its world record breaking 1177 MW Sweihan project, co-developed by JinkoSolar, Marubeni, and the Abu Dhabi Electricity and Water Authority (“ADEWA”), was named as the Large Scale Solar Project of the Year by the Middle East Solar Industry Association (MESIA).
The award is one of the Middle East’s most recognized honors and further demonstrates the significance of the Sweihan project. The winning project was selected by a panel of nine judges from across the industry who assessed the impact and innovativeness of large scale solar projects in the Middle East. Once complete, the 1177 MW Sweihan project will be the world’s largest PV power plant.
The Sweihan project’s large scale and competitive electricity generation cost was benefit from the utilization of JinkoSolar high efficiency solar modules. Given the limited physical space allotted to the project, the use of JinkoSolar high efficiency modules not only allowed for the maximization of electricity output, but also allowed for decreased balance of system costs.
Mr. Xiande Li, Chairman of JinkoSolar, commented, “The Sweihan project marks not only a milestone for JinkoSolar, Marubeni, and ADEWA, but is also a giant leap for the global solar power industry as a whole. MESIA’s recognition of this project further underlines the ground-breaking nature of the Sweihan project. Fueled by the success of this project, we will continue to produce cutting-edge high efficiency modules to fulfill our vision of optimizing the world’s energy infrastructure with clean solar power.”
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 7 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 8 GW for solar modules, as of September 30, 2017.
JinkoSolar has over 15,000 employees across its 8 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, South Africa, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.
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
