JINR HOLD ADR : JinkoSolar Named Top Crystalline Module Provider by PHOTON Power AG
07/25/2011| 07:05am US/Eastern
SHANGHAI, July 25, 2011 /PRNewswire-Asia-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("the company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, today announced the company's Jinko modules will be the biggest portion, up to 2.84 MW, used in the first phase of solar energy projects being planned by PHOTON Power AG, the latest subsidiary of the PHOTON Holding Group.
The two companies' first collaboration is a 219.3 kW rooftop solar system at the Technology Center (TZA) in Aachen, Germany, which started generating power in July. This 860-module array will feed approximately 180,000 kWh of electricity into the local grid annually. JinkoSolar's modules will cover approximately 1,500 square meters across the roof of the TZA.
PHOTON Power AG plans to install up to 8 MW of projects this year. In the company's first module tender in February, JinkoSolar was rated the prime crystalline silicon module manufacturer, winning the largest share of up to 2.84 MW. The first batch of 515 kW of modules has been shipped to PHOTON Power AG.
"JinkoSolar was the top crystalline module manufacturer in our tender, offering the best price-to-power ratio for its product," said Ralf Heuser, board member of PHOTON Power. "We're pleased that JinkoSolar's modules will assist us in our efforts to lower the costs of PV power plants around the world."
"Being granted the opportunity to align ourselves with a reputable organization like PHOTON further validates JinkoSolar's commitment to developing quality, cost-competitive solar products," said Kangping Chen, CEO of JinkoSolar. "We are looking forward to additional PHOTON Power projects with JinkoSolar modules."
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing, vertically integrated solar power product manufacturer with low-cost operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Munich, Germany, San Francisco, U.S. and Bologna, Italy. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of 900 MW each for silicon wafers, solar cells and solar modules as of March 31, 2011, and plans to expand its annual capacity to 1.5GW each for silicon wafers, solar cells and solar modules by end of 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 and other countries and regions.
About the PHOTON Group and PHOTON Power AG
PHOTON Group, headquartered in Aachen, Germany, began as a publishing house active in the field of renewable energy. Today it has expanded into an information provider on all aspects of solar electricity generation. PHOTON publishes magazines in English, French, German, Italian, Spanish and Chinese. The company also organizes international conferences and exhibitions, as well as seminars and workshops on specific photovoltaic-related topics. PHOTON Laboratory, the group's independent testing entity, checks the quality of solar components; and PHOTON Consulting provides advice to governments and industry. The PHOTON Group employs over 200 people and has offices in Athens, Berlin, Boston, Hong Kong, Hyderabad, Madrid, New York, Paris, Rome and San Francisco. For more information, go to: www.photon.info. PHOTON Power AG, the most recent subsidiary of PHOTON Group, builds and operates PV power plants financed by subscribers of PHOTON magazines. For more information, go to: www.photon-power.de.
Please click the links below to download relevant photos
An aerial view of PHOTON Power's first PV installation. The 219.3 kW solar rooftop system at the Technology Center in Aachen, Germany, was built using 860 modules from JinkoSolar and connected to the grid in July.
Peter Braatz / www.photon-pictures.com
SOURCE JinkoSolar Holding Co., Ltd.