SHANGHAI, March 14, 2012 /PRNewswire-Asia-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, today announced the successful completion of a 35.8kW tracker-based solar system at the Aquarion Water Company's ("Aquarion") D.W. Loiselle Water Treatment Plant at Trap Falls Reservoir in Shelton, Connecticut. This project utilizes 29.7kW of JinkoSolar's PV modules in conjunction with OPEL Solar's utility scale tracker to offset the power Aquarion purchases from the local utility for their operations.
"It is very gratifying to partner with OPEL Solar so we can supply our panels to a company like Aquarion that shares our same insistence on performance and sustainability, and we are proud to have a hand in the wider implementation of solar in mainstream utility sites in the U.S.," said Arturo Herrero Chief Marketing Officer of JinkoSolar. "We look forward to partnering with OPEL Solar for future projects and will continue to pursue similar ventures where the cost savings guaranteed by our high-performance modules validate the true value of adopting clean renewable energy."
"This is the second project where OPEL has used JinkoSolar PV panels in conjunction with OPEL's own utility scale tracker," said Frank Middleton, COO of OPEL Solar Inc. "Jinko's PV modules have proven to be of good quality and their performance in delivering product on time has been excellent."
Aquarion, a privately owned water utility in Connecticut, expects the installation to help offset the energy required to operate the water treatment facility.
"We have been working diligently on a series of measures to reduce the company's carbon footprint and are extremely pleased with the completed project. We are proud that our successful installation can serve as a catalyst and inspiration for other companies considering the move into solar tracking projects to offset their energy usage," says Charles V. Firlotte, President and CEO of Aquarion Water Company.
About JinkoSolar
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., Queensland, Australia, Ontario, Canada, Bologna, Italy, Montpellier, France and Zug. Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately1.2GW each for silicon ingots, wafers, solar cells and solar modules as of September 30, 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.
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 Form 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 March 13, 2012. 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.
