Tag Archives: GRE

JA Solar Signs Distribution Agreement with India’s Leading Distributor, Redington

BEIJING, Dec. 25, 2020 — JA Solar, a leading manufacturer of high-performance solar products, and Redington, one of the leading distributors of PV products in India, today announced that they entered into a distribution agreement to further strengthen their cooperation to promote the development of rooftop PV projects in India.

India is one of the world’s largest PV markets, and the rooftop PV market in the country has also been growing rapidly in recent years. Small- and medium-sized rooftop projects have short construction periods and require timely supply of solar modules. To better serve its customers, Redington has set up more than 90 warehouses across India to quickly deliver products and services to local customers, bridging the "last mile" between the advanced PV products and those customers. With the cooperation agreement signed, the JA Solar modules will reach the customers’ project sites in a more timely manner through Redington’s broad distribution channels. This in turn enables customers to keep their projects on schedule, to ensure service quality, and effectively helps promote the development of the local rooftop PV market.

JA Solar entered the Indian market in 2015. Since then, the company has been highly recognized by the local market and favored by local distributors with its excellent product quality, strong financial position and solid industry reputation. Distributors play an important role in JA Solar’s sales and distribution process. Through close cooperation with local distributors, the company will further deepen localized operation and provide high-quality products and services to the Indian customers.

For more information contact:
Oriana Zhang
+86-10-6361888-1697
zhangbobo@jasolar.com 

Related Links :

https://www.jasolar.com/

ReneSola Power Announces $20.0 Million Registered Direct Offering


STAMFORD, Conn., Dec. 23, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company")  (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of approximately 2.105 million of American Depositary Shares (ADSs), each representing ten (10) ordinary shares, at a purchase price of $9.50 per ADS, in a registered direct offering.  The registered direct offering is expected to close on or about December 28, 2020, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Roth Capital Partners is acting as financial advisor for the offering.

The gross proceeds from the registered direct offering are expected to be approximately $20.0 million before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for expanding new solar project pipeline and general working capital need.

The securities described above are being offered pursuant to a "shelf" registration statement (File No. 333-240293) filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and declared effective on August 11, 2020. Such securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the offering of the securities will be filed with the SEC. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering of the securities may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by e-mail: placements@hcwco.com or by telephone: (646) 975-6996.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor there any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

 Forward-Looking Statements

This press release contains statements that 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. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it "believes," "plans," "expects" or "anticipates" will occur, what "will" or "could" happen, and other similar statements), you must remember that the Company’s expectations may not be correct, even though it believes that they are reasonable. Furthermore, the forward-looking statements are mainly related to our ability to complete the registered direct offering and satisfy the closing conditions related to the offering, the intended use of net proceeds from the registered direct offering, the Company’s continuing operations and you may not be able to compare such information with the Company’s past performance or results. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company’s situation may change in the future, except as required by law.

 

Related Links :

http://www.renesolapower.com

ReneSola Power Announces Sale of 15.4 MW of Solar Assets in Romania


STAMFORD, Conn., Dec. 23, 2020 — ReneSola Ltd (NYSE: SOL) ("ReneSola Power" or the "Company"), a leading fully-integrated solar project developer today announced that it entered into an agreement to sell two ground-mounted solar parks in Romania with a combined capacity of 15.4 MW to Alternus Energy Group plc, pan-European Independent Power Producer (IPP).

The two ground-mounted solar projects include a 9.4 MW solar park located in the municipality of Costestii din Vale in Dambovita county and a 6 MW solar park located in the municipality of Dumbrava in Prahova county. The 9.4 MW plant is operated by Ecosfer Energy SRL, and the 6 MW plant is operated by Lucas Est SRL. Both Ecosfer Energy and Lucas Est SRL are special purpose vehicles ("SPVs") that have been set up for the purpose of managing the construction and operation of the solar plants and the production of electricity.

Alternus Energy expects to acquire the project-based SPVs associated with the 15.4 MW operating assets, which are owned by Luxemburg-domiciled Renesola New Energy S.A.R.L, ReneSola Power’s subsidiary that holds the Company’s projects in Romania. Alternus Energy’s acquisition of those two projects will be funded by the proceeds from the senior secured green bond and equity that it has recently issued.

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, commented, "We are excited to partner with Alternus Energy, and look forward to future collaboration. The proceeds from the sale of the operating assets will enable us to generate strong cash flow, realize profits and further strengthen our financial position. We have a strong pipeline of project activity. We look forward to pursuing other opportunities to develop, build and monetize solar projects globally, and believe our strategy resonates well with the development trend of solar energy."

Mr. Vincent Browne, Chief Executive Officer of Alternus Energy Group, commented, "The acquisition of these projects from Renesola Power will increase our existing presence in Romania where we have operated for over 6 years now. These solar parks form part of our immediate 109 MW expansion across Romania, Italy and Poland, bringing our total operating portfolio to nearly 140 MW with an additional 1GW of projects in identified pipeline today. This also marks our first transaction with the Renesola Power team, and we look forward to many more successful acquisitions from the team as they complete their current and future pipelines."

About ReneSola Power

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.

About Alternus Energy Group plc

Alternus Energy Group plc is a pan-European IPP who owns and operates a portfolio of utility-scale solar photovoltaic parks that connect directly to national power grids. The company has operational solar parks in Germany, Italy, Romania, and the Netherlands. The company is headquartered in Dublin, Ireland. For more information, please visit www.alternusenergy.com

Related Links :

http://www.renesolapower.com

ReneSola Power Announces Results of Annual General Meeting


STAMFORD, Conn., Dec. 22, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully-integrated solar project developer, today announced the results of its 2020 annual general meeting of shareholders. Specifically, the Company’s annual general meeting of shareholders approved the following:

  1. The consolidated financial statements of the Company for the year ended December 31, 2019, together with the reports of the auditors thereon.
  2. The re-election of Mr. Wee Seng Tan and Mr. Martin Bloom as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
  3. The amendment of 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010 and August 29, 2016) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan from 12, 500,000 shares to 22,500,000 shares.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

JinkoSolar Announces At-The-Market Offering of ADSs

SHANGRAO, China, Dec. 16, 2020 — JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), one of the largest and most innovative solar module manufacturers in the world, today announced that it has filed a prospectus supplement to sell up to an aggregate of US$100,000,000 of its American depositary shares ("ADSs"), each representing four ordinary shares, through an at-the-market equity offering program. The ADSs will be offered through Credit Suisse and Barclays as sales agents.

Sales, if any, of the ADSs under the at-the-market equity offering program will be made from time to time, at the Company’s discretion, by means of ordinary broker transactions on or through the New York Stock Exchange (the "NYSE") or other markets for its ADSs, sales made to or through a market maker other than on an exchange, or otherwise in negotiated transactions at market prices prevailing at the time of sale or at negotiated prices, or as otherwise agreed with the sales agents. JinkoSolar intends to use the net proceeds from the sales of its ADSs for its production capacity expansion and other general corporate purposes. The production capacity expansion will be conducted mainly through Jiangxi Jinko, a 73.3% owned subsidiary of the Company in China, and therefore certain amount of the net proceeds from this offering will be transferred to Jiangxi Jinko in the form of intercompany loan. The intercompany loan will be made for up to three years at an interest rate equal to the then U.S. dollar LIBOR for one-year term loans plus 200 basis points.

The ordinary shares represented by ADSs will be offered under the Company’s shelf registration statement on Form F-3, which became effective on December 16, 2020. A prospectus supplement dated December 16, 2020 and a related base prospectus (included in the Company’s shelf registration statement on Form F-3) describing the terms of the offering have been filed with the Securities and Exchange Commission (the "SEC"). Investors are advised to read the prospectus supplement and the related base prospectus and other documents the Company has filed with the SEC for more complete information about the Company and the at-the-market offering. A copy of the prospectus supplement and the related base prospectus may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY, 10010, by phone at (800) 221-1037, or by e-mail at newyork.prospectus@credit-suisse.com; and Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by phone toll free at 1-888-603-5847, or by email at barclaysprospectus@broadridge.com.  

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. The offering may be made only by means of a prospectus supplement and the related base prospectus.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. 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 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

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

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:

Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com

Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com 

In the U.S.:

Ms. Linda Bergkamp Christensen
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Related Links :

http://www.jinkosolar.com

TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future

LONDON, Dec. 9, 2020 — The need for greater sustainability and efficient use of resources, including food and malnutrition, has never been more firmly embedded in the public consciousness. Responding to the results of climate change and the call to action from governments, the general public, and organisations like the United Nations with its Sustainable Development Goals; businesses around the globe are launching into action to lead the world in creating a positive and sustainable future.

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At TBD Media Group, we are proud to profile several of these businesses in the launch of 50 Sustainability and Climate Leaders, the third edition of our trailblazing series of informative short documentary films focusing on how businesses are leading the way in ensuring a positive impact on the environment we all live in.

Such leaders are proving themselves as pioneers, making new and exciting leaps with technologies such as artificial intelligence and green power; all the while working to galvanise their peers and customers into enacting inspiring changes of their own.

However, the actions of these companies cannot and must not go unnoticed; such ground-breaking steps must be made public and clear to provide a blueprint to others in their respective sectors.

This series will offer seventeen new and bespoke pieces of trendsetting content for our international audience to garner an insight into the climate-conscious motivations and techniques of our varied range of clients. We are delighted to use our specialised storytelling techniques and our wide-reaching platform to give a voice to the companies who are changing the global paradigm for the better. At TBD Media Group, we are dedicated to discovering the human stories and inspirational visions that motivate such incredible brands to commit to making a difference in today’s world.

We firmly believe that businesses, corporations and their leaders can learn a great deal from the activities of their peers, and that this campaign provides an unmissable opportunity for leaders to discover new ways of operating and spearheading a positive impact.

Bringing the stories of such leading companies to life is a true privilege and we are delighted to celebrate the revolutionary efforts that are being taken to combat climate change and lead the industries of today into the sustainable world of tomorrow.

Companies featuring in the campaign:

ACTIS, Bitburger Brewery, City Developments Limited, Grohe AG, Herbalife, Hilton, Indorama Ventures, Johnson Matthey, Jungheinrich AG, Lürssen Yachts, Nemetschek Group, PHW-Gruppe, Schur Flexibles Group, Societe Generale, Sulzer, TSMC.

With businesses aligned to The United Nations Sustainable Development Goals, this recent 50 Climate Leaders campaign hosted on Bloomberg, will see CEOs and executives sharing ideas on achieving greater sustainability using solutions that leverage the latest technology and thought leadership to maximize profit.

Notes to Editors:

The 50 Sustainability Climate Leaders project is the response from the International Business Community which demonstrates the desire, the leadership, and the will to take effective action in the fight against Climate Change. Businesses that wish to get involved should contact info@tbdmediagroup.com.

About TBD Media Group

TBD Media Group is an international purpose driven media group that helps companies, organisations and governments tell their brand stories in a human and direct way.

Media contact:
Marie Ellis
TBD Media Group
+44 (0)20 3553 9432
m.ellis@tbdmediagroup.com

Video – https://mma.prnasia.com/media2/1360181/TBD_Media_50_Climate_Leaders_Promo.mp4?p=medium600
Photo – https://techent.tv/wp-content/uploads/2020/12/tbd-media-group-brands-and-businesses-building-a-blueprint-for-a-green-and-sustainable-future.jpg

 

TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future
TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future

 

Related Links :

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JinkoSolar Sells Its Stake in Abu Dhabi Sweihan Power Station

SHANGRAO, China, Nov. 27, 2020 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its wholly-owned subsidiary JinkoSolar Sweihan (HK) Limited ("Sweihan HK") has signed a share and debt purchase agreement with Jinko Power (HK) Company Limited ("Jinko HK"), an indirectly wholly-owned subsidiary of Jinko Power Technology Co., Ltd. ("JinkoPower") .

Pursuant to the agreement, Sweihan HK will sell its 50% equity interest in Sweihan Solar Holding Company Limited ("Sweihan Holding") to Jinko HK. Sweihan Holding holds a 40% equity interest in Sweihan PV Power Company PJSC (the "Project Company"), the operating entity of a 1,200 MW photovoltaic power plant in Abu Dhabi (the "Sweihan Power Station"). Upon completion of the transaction, which is subject to the closing conditions set forth in the agreement, Jinko HK will indirectly hold a 20% equity interest in the Project Company. The closing of this transaction is subject to approvals by Emirates Water and Electricity Company ("EWEC"), other shareholders of Sweihan Holding and the Project Company, and the project finance lenders.

The Sweihan Power Station is located in the Eastern Region of the Emirate of Abu Dhabi. In September 2016, JinkoSolar and Marubeni Corporation ("Marubeni") formed a consortium that won the bid for the project. All the power generated for an initial period of 25 years will be contractually sold to EWEC.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "We are glad to have reached this agreement with JinkoPower. This divestiture will help JinkoSolar focus on its core business, enhance our strength and further sustain our long term growth in the global PV industry."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. 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 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of June 30, 2020.

JinkoSolar has 9 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.

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

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:
Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com

Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com 

In the U.S.:
Ms. Linda Bergkamp
Christensen
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Related Links :

http://www.jinkosolar.com

JinkoSolar to Report Third Quarter 2020 Results on December 7, 2020

SHANGRAO, China, Nov. 27, 2020 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2020 before the open of U.S. markets on Monday, December 7, 2020.

JinkoSolar’s management will host an earnings conference call on Monday, December 7, 2020 at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3027 6500

U.S. Toll Free:

+1 855-824-5644

Passcode:

27311972#

Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, December 14, 2020. The dial-in details for the replay are as follows:

International:

+61 2 8325 2405

U.S.:

+1 646 982 0473

Passcode:

319339095#

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar’s website at http://www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. 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 20 GW for silicon wafers, 11 GW for solar cells, and 25 GW for solar modules, as of June 30, 2020.

JinkoSolar has 9 production facilities globally, and 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, and Australia, and global sales teams in China, United  Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland, and Argentina.

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

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:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Related Links :

http://www.jinkosolar.com

Colt Data Centre Services welcomes new Director of Energy and Sustainability

Scott Balloch joins the team as Colt DCS looks to ramp up its commitment to sustainable operations

LONDON, Nov. 26, 2020 — Colt Data Centre Services (DCS) today announces the appointment of its new Director of Energy and Sustainability, Scott Balloch. This announcement comes  as Colt DCS continues to ramp up its commitment to energy efficiency, making sustainability a key strategic driver for its global operations.  

As part of his role, Scott will spearhead Colt DCS’ global energy and sustainability strategy. He will play a key part in ensuring sustainability is a priority focus for the business as it expands its footprint across the globe. Scott will also be responsible for ensuring the overall sustainability goals for the business are achieved. Some of the key new and exciting initiatives people can expect from Colt DCS include setting global science-based targets for carbon reduction, and taking strong action on renewable power supplies and waste. As befits a company that aspires to be the most customer-centric Data Centre services provider, Colt DCS will position itself as a strong credible partner in helping its customers achieve their own sustainability goals.

Scott comes with over 12 years’ experience in energy and sustainability management. Previously Director of the Energy and Environmental Unit at BT, he was responsible for the company’s environmental risk and carbon programme and the design and build of its network and data centre accommodation.

Explaining his reasons for choosing Colt DCS, Scott explained – "Hyperscale data centres are a rapidly growing and extremely exciting industry sector. For me, now is the key inflection point to drive sustainability and carbon reduction as a key strategic driver in the inevitable growth in this sector. It’s the right time to be doing this, the Colt DCS senior leadership team are extremely supportive, and I feel other firms will quickly follow Colt DCS’ lead. I really wanted to be at the forefront of that change".

"I’m thrilled to be joining the Colt DCS team at such an exciting time," said Scott. "We are working hard to ensure sustainable operations across our international portfolio of facilities and I look forward to seeing what we are able to achieve in the coming months and years in making our business goals a reality."

Niclas Sanfridsson, CEO at Colt DCS added, "We are excited to welcome Scott to the Colt DCS team. His years of experience and expertise within the energy and sustainability industry will be a valuable asset to us as we prioritise our goals towards being more green in our operations."

For more information about Colt DCS, visit http://www.coltdatacentres.net

About Colt DCS 

Colt Data Centre Services provide true service and operational excellence in the design, build, delivery and operational management of hyperscale data centres and hybrid cloud solutions to our customers across Europe and Asia pacific. 

We have over 25 years of experience in operating 26 state-of-the-art carrier neutral data centres across 18 cities, offering 24/7 security and local language support. 

Our connectivity and colocation solutions allow our customers freedom to plan effectively for the growth of their business, knowing that their data centre strategy is ready for the demands of tomorrow. http://www.coltdatacentres.net/ 

Related Links :

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ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK


STAMFORD, CT, Nov. 24, 2020 — ReneSola Ltd (NYSE: SOL) ("ReneSola Power" or the "Company"), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. 

The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined capacity of 4.3 MW.  These projects are qualified under the feed-in tariff scheme and have been operating since 2015.

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, commented, "We are excited to partner with Atmosclear Investments, and we look forward to building on this transaction and expanding our partnership with future opportunities.  Importantly, we continue to execute on our strategy and optimize our solar assets through strategic sales, which enables us to generate cash flow, realize profits and further strengthen our balance sheet. We are proud of our execution, and remain optimistic about our opportunities across different geographies in the quarters ahead."

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

About Atmosclear Investments

AtmosClear Investments is a renewable energy and clean-tech private equity group with offices in the United Kingdom and Switzerland.  Atmosclear began building residential solar rooftops in 2011. Since then, the firm has acquired, operated, and maintained solar rooftop assets throughout the country.  In 2018, Atmosclear Investments also acquired 9 solar farms in the South West of England for approximately £22.5 million, and

Related Links :

http://www.renesolapower.com