JinkoSolar and Asunim Turkey Complete the Largest Solar Power Plant in the Aegean Region

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Mar 20, 2018, 06:50 ET

SHANGHAI, March 20, 2018 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global leader in the solar PV industry, today announced that in cooperation with Asunim Turkey, a leading PV project developer and EPC company has completed the largest solar power plant in the Aegean region. Asunim is currently one of the leading EPC companies in Turkey and has so far concluded projects of 140MW with a separate and clear structure committed for long-term O&M commitments. The dedicated international engineering team of Asunim has a long track record of successful systems design and implementation, using cutting-edge 3D modelling and simulation software to correctly elaborate extremely important shading and counter slope calculations.

The power plant in Manisa, Turkey consists of two separate sites that have an outcome of 40.3 MW, built in parallel. One of 19.7MW and the other of 20.6 MW. Both are located in Manisa, Turkey. The systems feature JinkoSolar high-efficiency (PID free) solar modules and REFUsol 40K string inverters operating without the need for fan cooling and with full IP65 protection against humidity and dust. The German company, Solar-Log was the choice for the SCADA system. Operation and Maintenance activities will be covered by Maxima Energy, affiliate but independent O&M Company of Asunim.

"Installing a project on a flat terrain is easier when compared to sites with different slopes. In order to get the highest yield several different studies and calculations were made for this challenging project." comments managing partner of Asunim Turkey, Mr. Umut Gürbüz .

"We are extremely pleased to see this contract as an outcome of our steadily growing successful partnership with Asunim Turkey over the last years. Asunim Turkey, as a trusted local partner, shares and follows the same highest product and service quality levels that we do also apply within Jinko Solar globally which makes us stronger and helps us to maintain our leadership position in the market.'' adds Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar.

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 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 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.

To find out more, please see: www.jinkosolar.com

About Asunim Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd:
Asunim is based in Ankara, Turkey and operates as a consultant, project developer and EPC and O&M company with focus on project legalization, engineering, component supply and the execution of photovoltaic power plants in the Turkish market and greater region. It belongs to the Asunim group with current further subsidiaries in Portugal, Spain, Dubai and the United Kingdom, accumulating a current track record of 850MW.
www.asunim.co

About Maxima Enerji Sistemleri Teknik Servis Ve Taahhüt Ticaret A.Ş.:
Maxima is based in Ankara, Turkey and operates as an O&M company with focus on PV project operation and maintenance of Asunim's own EPC portfolio and third-party system customers in the Turkish market and greater region. It belongs to the Asunim group. Many years of experience flow into Maxima fine-tuning and detecting errors, leading to drastic increases of energy yield on existing solar power plants.
www.maximaenerji.com.tr

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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: [email protected]

SOURCE JinkoSolar Holding Co., Ltd.