This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

JinkoSolar Delivers First Distributed Rooftop PV System To Eaton Electric

SHANGHAI, March 7, 2013 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that its first 100 kWp distributed rooftop photovoltaic ("PV") power generation system for Eaton Electric Co., Ltd. (" Eaton"), was successfully connected to the grid in Shenzhen, China.

JinkoSolar provided 400 pieces high-efficiency PV solar panels for the project which was managed by Eaton and installed on the roof of Santak Electronic Co., Ltd.'s factory. The rooftop PV system covers an area of approximately 1500m 2 and is expected to produce 100 thousand kWh of power while reducing carbon dioxide emissions by approximately 89,624 tons annually.

In addition to supplying the PV modules, JinkoSolar also takes care of the installation of the project. The installation used a low profile linkage control single-axle tracking system to improve generating capacity and reduce installation time, also ensures that it does not damage the existing waterproof structure. The aluminum alloy structure is ideal for installation in coastal regions where systems are often exposed to extreme humidity and corrosive environmental conditions. The tailor-made monitoring system provides customers with multiple methods to oversee the operation and maintenance of the PV system.

"We are very happy to have developed a strong partnership with Eaton to supply and construct this distributed rooftop PV system," said Mr. Kangping Chen, Chief Executive Officer of JinkoSolar. "This project will act as a shining example of domestic distributed solar PV solution. JinkoSolar, besides being very active and successful in large scale utility projects, will also continue to promote the development of distributed small and medium sized solar projects in China as part of its commitment to creating sustainable PV solutions."

"We are very pleased to partner with one of the PV industry's leaders on this landmark project," said Mr. Wu, Project Manager of Eaton Electric. " Eaton EESS is very pleased to see the connection and commission of the PQ (the Santak) rooftop solar project. To make effective use of solar, wind, hydro and other green energy of nature, is the obligation of the electrical industry practitioners. Eaton EESS is grateful for the efforts of JinkoSolar engineers. We look forward to further building on our relationship with JinkoSolar to implement more high class distributed solar projects in China."

About JinkoSolar

JinkoSolar is a leading solar power product manufacturer with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai, China; Munich, Germany; Bologna, Italy; Montpellier, France; Zug, Switzerland; San Francisco, the United States; Queensland, Australia; Ontario, Canada and Singapore.

JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon wafers, solar cells and solar modules as of September 30, 2012. JinkoSolar distributes its photovoltaic 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 and other countries and regions.

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. 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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.51 -0.78%
FB $119.42 1.40%
GOOG $711.33 1.40%
TSLA $214.94 1.60%
YHOO $37.22 0.77%


Chart of I:DJI
DOW 17,725.70 +64.99 0.37%
S&P 500 2,054.53 +3.90 0.19%
NASDAQ 4,727.9340 +10.84 0.23%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs