JinkoSolar Partners with Beijing University to Build the University's First Experimental PV Plant
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, announced that it will partner with Beijing University's Solar Power Engineering Center to construct the University's first experimental PV power plant on campus which will be used for collecting and analyzing data on the power generation capabilities of PV modules when exposed to various conditions.
The experimental system will be constructed on the rooftop of Beijing University's Mechanics Laboratory Building. Research will be conducted on a number of PV modules and inverters while they are exposed to various conditions. JinkoSolar will provide modules for the system and jointly participate in the research.
"We are very pleased to partner with Beijing University on this experimental PV power plant. We hope that this project will mark the starting point of a long-term relationship," Mr. Xiande Li, Chairman of JinkoSolar commented. "We look forward to developing relationships with other universities and scientific research institutions in an effort to improve communication between academic and industrial circles, even on the aspect of cultivating the talent in the industry, we will create mutual benefits for all parties."
"Our teachers and students will be using this PV power plant as a base for future experiments in an effort to better understand PV solar application. We appreciate all the support and effort JinkoSolar has put into making this project a reality. The University's PV Research Group will use the data generated by the system and analysis results to provide further insight for PV engineering design," added Dr. Dong Wang, Professor of Beijing University.
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, wafers, and solar PV cells, and approximately 1.8 GW for solar PV modules, as of September 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, Eastern Europe, China, India, Japan, South Africa, and other countries and regions.
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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.
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