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PR Newswire

i6 Group Secures Series A Funding Round

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Series funding allows i6 to accelerate, expand and develop technology and service offering.

FARNBOROUGH, England, Nov. 10, 2020 — i6 Group Limited (i6), the leader in fuel management software for the aviation industry, announces that it has secured Series A funding round.

i6 teamed with Deloitte to architect an investment syndicate including International Airlines Group (IAG), Shell, World Fuel Services and JetBlue Technology Ventures, who invested in February 2020. This funding will allow i6 to continue its market expansion and accelerate exciting new product development.

Founded in 2013, i6’s platform connects stakeholders across all stages of the aircraft refuelling process to improve operational efficiency through real-time connectivity and data optimisation. This adaptable, scalable technology has the potential to expand to verticals in adjacent markets, such as military, logistics and retail. i6 technology enables the better management of fuelling operations with more accuracy, which in turn helps to reduce costs and emissions.

"We are thrilled to join a strong consortium of investors to support the growth of i6. The way their proprietary digital solutions enable the end-to-end digitalisation of the aviation fuel supply chain, while solving key friction points, adds tremendous value to their customer base." – Eva Wan, General Manager Digital Strategy, Shell

"i6 is a leader in the development and deployment of transformational technologies for the aviation fuel industry. We are excited to join them on this journey, alongside a group of investors who are similarly committed to bringing such technologies to market." – Sukumar Pillai, Vice President Business Development, World Fuel Services Corporation

i6 is now deployed at over 150 international airports, including; London Heathrow, Amsterdam, Toronto Pearson, Boston Logan International, Dubai International and Bangalore. Its eHandshake® technology, which allows for a 100% paperless aircraft refuelling process and eliminates the manual and verbal information exchange between a flight crew and refuelling operatives, was awarded a patent this year. It is currently implemented at British Airways and Virgin Atlantic with plans to expand.

"Our work with i6 began with the development of a fuel management tool in 2016 and we are currently working with the company on a bespoke project to digitise operational aspects of our airport," said Roger Walker, Director Airport Operations for Farnborough Airport. "This includes not only our frontline operations, but also our back-office functions, such as finance and IT. The experience has allowed us to continue on our journey in providing Europe’s leading business aviation airport and we expect our relationship with i6 to continue to flourish in the future."

"We are very pleased to have concluded the investment process and are excited by the strategic value that we believe can benefit both i6 and the existing and future industries we serve."  – Steven Uhrmacher (CEO) & Alex Mattos (COO), i6 Group

About i6

Founded in 2013, i6 provides a cloud-based, digital fuel management platform that enables fuel suppliers, airports, into-plane agents and airlines to better plan, control, monitor and optimize fuelling operations. Their software platform covers the entire fuel supply chain from "refinery to wing–tip."

Visit i6.io for more information.

Contact: 
Emily Loretto
E-mail – emily@i6.io  
Tel +44 (0) 1252 757159

PR Newswire

Sungrow Announces Roadshow Debuting the Latest 1500V Outdoor Central Inverter Solutions in the United States

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SAN FRANCISCO, Nov. 6, 2020 — Sungrow, the global leading inverter solution for renewables, is launching roadshows spanning the United States, debuting the latest 1500V central and string inverter solutions tailored to North America. With products on display in a semi-truck, the 17-stop tour started from Denver on November 2 will last until the end of December.

Sungrow Roadshow 2020
Sungrow Roadshow 2020

The outdoor central inverter solution SG3600UD-MV for 1500V system is optimized for utility-scale installations, featuring a high DC/AC ratio up to 2.0 and being compatible with bifacial modules and tracking systems, enabling high yields. The inverter is prefabricated with inputs for DC-coupled storage solutions which could be added at a later stage. In addition, it supports PCS mode so that the battery can be charged by grid and regulation will be more flexible. Furthermore, equipped with the self-constructed function, the inverter solution can construct AC power by controlling the inverter to work in voltage frequency mode, thereby supplying AC power for debugging of the equipment in advance, ensuring a shorter commissioning duration.

Also on display is the 1500V string inverter SG250HX, one of the best-selling PV inverter solutions for utility-scale applications with over 5 GW deployed till now.

"Sungrow is excited to debut the latest product portfolio in the creative and immersive roadshow amid pandemic. Keeping social distancing is our priority to maintain the health and safety of attendees on-site," said Hank Wang, General Manager of Sungrow Americas.

With a comprehensive local team offering professional full-service, Sungrow has extended partnership with a magnitude of EPCs, distributors and integrators. The celebrated projects across the regions include Techren 2, a 250 MWp project located in Nevada, largest solar projects under construction in Wyoming and Washington State and the biggest plant online in Rhode Island.

The Company continues an upward growth trajectory with an expected inverter shipment of nearly 5 GW in the United States this year, leading the market share locally.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 120 GW installed worldwide as of June 2020. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 23-year track record in the PV space, Sungrow products power installations in over 120 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

 

Related Links :

http://www.sungrowpower.com

PR Newswire

ReneSola Announces Notice of Annual General Meeting

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STAMFORD, Conn., Nov. 6, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. (Beijing time) on Monday, December 21, 2020.

Copies of the notice of the AGM, proxy form, poll card and annual report are available on ReneSola Power’s investor relations website at http://ir.renesolapower.com.

AGM Resolutions

The following resolutions to be proposed at the AGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

  1. As a resolution of shareholders, to receive, consider and approve the consolidated financial statements of the Company for the year ended December 31, 2019, together with the reports of the auditors thereon.
  2. As a resolution of shareholders, to re-elect 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. As a resolution of shareholders, to further amend 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.

For investor and media inquiries, please contact:

In the United States:

ReneSola Power
Mr. Adam Krop
+1 (347) 577-9055 x115
IR.USA@renesolapower.com

The Blueshirt Group
Mr. Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com

In China:

ReneSola Power
ir@renesolapower.com

The Blueshirt Group Asia
Mr. Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com

Related Links :

http://www.renesolapower.com

PR Newswire

JinkoSolar Signs Long-term Purchase Agreement with Tongwei for nearly 100,000 Metric Tons of Polycrystalline Silicon

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SHANGRAO, China, Nov. 6, 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 the Company and its subsidiary Sichuan Jinko have signed a long-term purchase agreement with second tier subsidiaries of Tongwei Co., Ltd. ("Tongwei"), namely Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High-purity Crystalline Silicon Company, and Yunnan Tongwei High-purity Crystalline Silicon Company. The raw materials procurement will ensure a stable supply of polycrystalline silicon ("Poly-Si") in line with JinkoSolar’s strategic and operational plans.

Under the agreement, JinkoSolar has locked in nearly 100,000 metric tons of polycrystalline silicon and both parties can negotiate additional purchases. The price for any additional order will be negotiated and determined based on market conditions at that time.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "Building strategic partnerships with suppliers of key raw materials is essential for our business and to raise our competitive edge in the solar industry. We are very pleased to begin this partnership with an industrial leader like Tongwei, a strategic cooperation that will contribute to the stability of JinkoSolar’s long-term business. This is the first long-term contract with Tongwei for the steady supply of poly-Si, a win-win scenario that will no doubt bring on other advantages for both parties and further promote the development of renewable energy. We look forward to more opportunities with Tongwei, and to explore other ways we can work together to create value for the global PV industry."

Mr. Duan Yong, Director of Tongwei Co., Ltd., Chairman and General Manager of Yongxiang Co., Ltd., commented, "JinkoSolar is one of Tongwei’s most trusted customers and we are very pleased to reach a strategic cooperation with a leading PV module manufacturer like JinkoSolar. The signing of this contract is conducive to the stable sales of Tongwei’s high-purity polysilicon products and is in line with our future business strategy. It is also conducive to bringing into play the leading advantages of two major industry players in the PV industry, and to jointly promote the development of the global PV market."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes it 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 7 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:

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

Related Links :

http://www.jinkosolar.com

PR Newswire

Exchange between ChantsWood (Beijing) Information Technology Co., Ltd. and ZHOU Qian, Renowned Chinese Expert on Electric Power Communication

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BEIJING, Oct. 31, 2020 — ChantsWood (Beijing) Information Technology Co., Ltd. has recently cordially invited Ms. ZHOU Qian, renowned Chinese expert in electric power communication, for an in-depth dialogue on the Trend of Electric Power Development in the Future.

In October 2020, Ms. ZHOU has become a member of Institute of Electrical and Electronics Engineers (IEEE).

As the largest non-profit professional technical association in the world, IEEE engages in the research and development in electric, electronic, computer engineering and science-related fields. Setting over 900 industrial standards in terms of aerospace, information technology, electric power and consumer electronics, IEEE finds its way to becoming an influential international academic organization.

Ms. ZHOU Qian, a senior engineer with rich experience in electric power communication, believes that development of smart grid cannot be separated from support of high-efficient electric power communication network. In the future, communication development shall promote update of cloud, service-oriented and open-ended IT framework. It should also connect production, flow, distribution and consumption of energy industry based on flexible and high-elastic cloud platform to support reliable and safe operation of grid business application and various kinds of platforms and realize connection and integration with the national industrial internet platform.

Moreover, the application of the Internet of Things technology in smart grid will enhance overall perceptions of power production scheduling, support reliable, efficient and safe operation of smart grid, promote intellectualization of operating management, and enable big data analysis and artificial intelligence application. The construction of smart grid relies on the development of a communication network that has broadband, high-reliability, low-latency, wide-coverage, flexible terminal access and two-way interaction ability.

Lastly, in China’s next five-year plan, digital transformation on the power system will strengthen research and application of new technologies, including cloud computing, big data, artificial intelligence, mobile application and 5G communication. Meanwhile, it proposes a higher standard of power grid for safeguarding network information.

Ms. ZHOU said, "It’s a great honor to become a member of Institute of Electrical and Electronics Engineers, and invited to the webinar with ChantsWood (Beijing) Information Technology Co., Ltd.. I hope to strengthen communications with industry participants in future and jointly promote the development of power communication industry."

ChantsWood (Beijing) Information Technology Co., Ltd. specializes in information technology services. The company offers professional service based on customers’ personalized demands. Relying on professional team, advanced technology and superior service, the company won Jinzun Award- Top 10 Innovative Brands of Chinese Good Companies in 2019 and paved it way to becoming the benchmark enterprise in the field.

About ChantsWood (Beijing) Information Technology Co., Ltd. 

ChantsWood (Beijing) Information Technology Co., Ltd. provides customized new-generation of IT infrastructure solutions to customers by combining professional solutions in the fields of information safety, cooperative communication and IT service management with its leading fusion system, virtualization and software definition technologies.

Thanks to years of experience in system integration and professional service, as well as a broad customer base in the fields of finance, telecommunication, manufacturing, energy, traffic, logistics, media and healthcare, the company enjoys a wide business and service network throughout the mainland of China, and constantly maintains rapid and steady business growth since its establishment.


Biography of ZHOU Qian

Ms. ZHOU Qian has been working in Guizhou Power Grid Corp. since 1991 her participation in the field of electric power communication. Many of the research projects and papers she participated in have received provincial and ministerial awards. Her papers have been published in state key journals and won key prizes.

  • "Brief Discussion about Establishing Corporate Management Information System and Electric Power Administration, and Dispatching Telephone Computer Management of Guizhou." Published in Supplement of Guizhou Electric Power Technology, 1999.
  • "Discussion about the Call Center and Its Relevant Technologies", published in Guizhou Electric Power Technology Issue No.6, 2001. The paper was awarded the first prize of 2000 Guizhou Power Grid Communication Papers Evaluation by Guizhou Electric Power Dispatching and Communication Bureau and Guizhou Society of Electrical Engineering and included in 2000 Guizhou Society of Electrical Engineering Excellent Proceedings.
  • "The Constructing Experience of Guizhou Electric Power Dispatching and Exchanging Network Platform." Published in Telecommunications for Electric Power System Issue No.12, 2004.
  • "Administrative Switching Network and Dispatch Switching Network — Q Signaling Is Used to Connect Two Switching Platforms." Published in Guizhou Electric Power Technology, Issue No.9 in 2006.
  • "Realization of Emergency Protection of Guizhou Electric Power Dispatching Telephone During Ice Disaster." Published in the supplement 1 of Guizhou Electric Power Technology in 2008. It was awarded the Third Prize of Guizhou Power Grid Anti-ice and Power Protection Technology Forum issued by Guizhou Society of Electrical Engineering and included in the 2008 Excellent Proceedings of Anti-ice and Power Protection.
  • "Discussion on Construction of Guizhou Electric Power Dispatching and Switching Network after Ice Disaster." Published in Guizhou Electric Power Technology 2008 Supplement 2. The paper was awarded the Second Prize of Anti-ice and Power Protection Essay by Guizhou Electric Power Information Communication Co., Ltd., and included in the Proceedings of the Tenth Youth Academic Conference of Chinese Society for Electrical Engineering.
  • "Discussion on the Construction Thought of the New Generation Guizhou Electric Power Administration Switching Network" won the Second Prize of Anti-ice and Power Protection Essay by Guizhou Electric Power Information Communication Co., Ltd.
  • "VoIP in Guizhou Power Dispatch Communications in Construction" was included in Proceedings of the 2010 Annual Meeting of Chinese Society for Electrical Engineering.
  • "Upgrading and Reconstruction of Power Dispatch Switching Network Based on VoIP." Published in Electric Power Issue No.8, 2011. It was included in Proceedings of 2011 National Electric Power Enterprise Informatization Conference.
  • "The Application of VoIP Technology in Power Dispatch Communication Network" was included in Proceedings of the 2nd China Power Grid Dispatching Intelligent Development Summit.

In 2018，Ms. ZHOU published two EI papers, namely "Parallel Deblocking Filtering Algorithm On GPU" (EC3010) and "A Novel Real-Time Video Mosaic Block Detection Based On Intensity Order and Shape Feature" (EC3011) in Tenth International Conference on Digital Image Processing (ICDIP 2018) Volume 10806.

A book titled Research and Application of Power Communication Technology (ISBN 978-7-115-52167-5), published in Oct. 2019 contains Ms. ZHOU’s new paper—"Research on Application of Service Quality Evaluation System in Power Video Communication Support System".

PR Newswire

Canadian Solar Schedules Third Quarter 2020 Earnings Conference Call for November 19

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GUELPH, ON, Oct. 30, 2020 — Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it will hold a conference call on Thursday, November 19, 2020 at 8:00 a.m. U.S. Eastern Standard Time (9:00 p.m., November 19, 2020 in Hong Kong) to discuss the Company’s third quarter 2020 results and business outlook.

The dial-in phone number for the live audio call is +1-866-519-4004 (toll-free from the U.S.), +852-3018-6771 (local dial-in from Hong Kong) or +1 845-675-0437 from international locations. The passcode for the call is 8846757. A live webcast of the conference call will also be available on the investor relations section of Canadian Solar’s website at www.canadiansolar.com.

A replay of the call will be available 2 hours after the conclusion of the call until 9:00 a.m. U.S. Eastern Standard Time on Friday, November 27, 2020 (10:00 p.m., November 27, 2020 in Hong Kong) and can be accessed by dialing +1-855-452-5696 (toll-free from the U.S.), +852-3051-2780 (local dial-in from Hong Kong) or +1-646-254-3697 from international locations. The passcode for the replay is 8846757. A webcast replay will also be available on the investor relations section of Canadian Solar’s at www.canadiansolar.com.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Canadian Solar Inc. Contacts

Isabel Zhang

Investor Relations

Canadian Solar Inc.

investor@canadiansolar.com

David Pasquale

Global IR Partners

Tel: +1-914-337-8801

csiq@globalirpartners.com

 

Related Links :

http://www.canadiansolar.com

PR Newswire

JinkoSolar’s Principal Operating Subsidiary Jinko Solar Co., Ltd Raises approximately US$ 458 Million in Preparation for its Listing on the STAR Market

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SHANGRAO, China, Oct. 30, 2020 — JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced the completion of a RMB 3.1 billion (approximately US$ 458 million) equity financing by its principal operating subsidiary Jinko Solar Co., Ltd. ("Jiangxi Jinko").

As previously announced, the equity financing was conducted to qualify Jiangxi Jinko for a listing on the Shanghai Stock Exchange’s Sci-Tech innovation board (the "STAR Market") and to raise additional capital to support its continuous expansion. Immediately after the closing, reputable Chinese third-party investors including China Industrial Bank Group, CIIT Asset Management Co., Ltd., YunShang Fund, Huaho Capital, and China Capital Management Co., Ltd., China Securities Investment Co., Ltd., together with JinkoSolar’s founders and senior management personnel, directly or through their investment arms, will collectively own approximately a 26.7% equity interest in Jiangxi Jinko.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "The successful completion of this fundraising marks an important milestone for us and takes us one step closer to the planned listing of Jiangxi Jinko in China. It also provides us with the capital to expand our capacity and further strengthen our leading position in R&D. We are thankful for the strong support from our new investors and are committed to creating sustainable value for all our shareholders."

Following the closing of this transaction, JinkoSolar will actively prepare for the planned STAR Market listing of Jiangxi Jinko pursuant to relevant laws and regulations in China. JinkoSolar remains fully committed to its shareholders and its NYSE listing and will remain the majority and controlling shareholder of Jiangxi Jinko after its STAR Market listing.

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 7 production 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:

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

PR Newswire

Thaioil partners with Plug and Play to drive innovation in Smart Manufacturing and Sustainable Future

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BANGKOK, Oct. 27, 2020 — Thai Oil Public Company Limited, Thailand’s largest oil refinery and supplier of petroleum products, has partnered with Plug and Play Tech Center, a global innovation platform based in Silicon Valley, to help drive business growth opportunities and accelerate their ambition to lead Thailand’s energy sector to a smart manufacturing and sustainable future.

From left to right: Luck Saraya - Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat - Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah - Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan - Program Manager Thailand at Plug and Play Tech Center.
From left to right: Luck Saraya – Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat – Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah – Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan – Program Manager Thailand at Plug and Play Tech Center.

Thaioil’s venture capital arm "TOP Ventures" reflects the company’s commitment to its vision to Empower Human Life through Sustainable Energy and Chemicals as it seeks to invest and build partnership with outstanding startup companies around the world.

"Quality leads with robust engagement approach to such technologies are critical for success of the program. Access to Plug and Play’s ecosystem of over 10,000 startups focused on transforming the energy sector helps us bring innovative technology solutions to fruition faster," said Pongpun Amornvivat, Executive Vice President Innovation and Digitalization at Thai Oil PCL.

TOP Ventures have a firm hold on three blueprints for investments including: Industrial Technology that enhances efficiency and safety of the enterprise, Sustainability Technology that extends their current business into environmentally friendly products and technology, as well as into high value product and circular economy and New Mobility and Energy Technology that provides diversity to the current hydrocarbon-based portfolio.

"Our CVC program strives for value creation to both startup ecosystem and Thaioil and Subsidiaries. The program is built on 3 cornerstones: our investment thesis, deal and partnership leads and knowledge from our partner Plug and Play and our commitment to environmental, social and governance (ESG) practice," said Luck Saraya, Managing Director at TOP Ventures by Thaioil.

"Our renewable energy and sustainability mission under Plug and Play Thailand Smart Cities Program align well with Thaioil’s commitment to reduce emissions and transition towards Industry 4.0. We are incredibly excited for this partnership and look forward to Thaioil’s engagement with our innovation ecosystem with global connections," said Shawn Dehpanah, Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center.

Thaioil joins Plug and Play with 7 corporations in their Thailand Smart Cities Program, including Charoen Pokphand Group (C.P. Group), PTT Group Plc, Bangkok Dusit Medical Services (BDMS), K.E. Group, Filinvest Development Corporation, and Bangchak. 

About Thaioil

Founded in 1961, Thai Oil Plc operate one of the most efficient refineries in Asia Pacific with the current capacity of 275,000 barrels per day. Thaioil operates under the Operational Excellence principle, operating as an integrated group of businesses in oil refinery, petrochemicals and lube base oil with supporting businesses, e.g. power generation, solvents, logistics and renewable energy generation, LAB: an intermediate in the production of surfactants, marine and pipeline transportation and storage services of crude, petroleum and petrochemical products. For more information, visit https://www.thaioilgroup.com

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in 32 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Rappi, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplayapac.com/smart-cities.

PR Newswire

ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK

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STAMFORD, Conn., Oct. 26, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, and Novergy, a subsidy-free solar platform specialised in the origination, development, design, optimization, construction and commissioning of solar projects in the United Kingdom, today announced that they entered into a strategic partnership agreement to co-develop utility-scale projects in the UK. 

As part of the agreement, ReneSola Power and Novergy will create a joint venture company.  The JV expects to continue the development of the existing pipeline of 100MW, and intends to develop at least another 100 MW of utility-scale projects in the next couple of years.

Mr. Josef Kastner, CEO of ReneSola European Region, commented, "We are excited about this partnership, as it combines strengths and competitive advantages of both companies, and provides new opportunities to enable further expansion into the UK market.  We expect the JV to benefit both companies by building a more robust utility project portfolio while leveraging our expertise in project development." 

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, added, "Business momentum continues. This is the second joint venture we have announced in a month, and we look forward to working with our partners to expand our reach in Europe.  We believe this once again represents an important step for us to grow our global pipeline in the next several quarters and beyond."

Mr. Florent Leblanc, Chief Executive Officer of Novergy, said, "We are delighted to be partnering with Renesola Power who is a long standing player in the solar sector and will enhance our financing and development capabilities in the UK. This agreement with Renesola Power is a testament to Novergy’s track record and a significant step towards our mission to develop 1GW of solar projects in the UK over the next few years."

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 Novergy

Novergy has one of the strongest track records in the UK Solar PV sector with direct involvement in over 1GW of large-scale solar projects and has for ambitions to play a leading role in the decabornisation of the UK electricity sector at no cost to the tax payer.  Our mission is the origination, development, design, financing, construction and operation of new solar PV in the UK.

Related Links :

http://www.renesolapower.com

PR Newswire

BGK agrees with IMF report: “Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15”

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WARSAW, Poland, Oct. 17, 2020 — Infrastructure investment is a key priority for Countries in Central, Eastern, and Southern Europe (CESEE) to accelerate the convergence of the living standards toward the level of the more advance European countries, the EU15 – says the IMF report published on 28th Sep 2020. IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."

The report estimates that closing 50% of the infrastructure gap until 2030 would require an annual investment of 3-8% of GDP. Attracting private investors should be an important step towards achieving this ambitious challenge.

To engage investors, the state development bank of Poland, Bank Gospodarstwa Krajowego (BGK), took the initiative to establish the Three Seas Initiative Investment Fund (3SIIF). In the report, the IMF mentions the Three Seas Fund as one of "the several initiatives aim to address infrastructure needs in CESEE".

"The Three Seas Fund is the economic dimension of the Three Seas Initiative. The Fund is the most important financial undertaking in Central and Eastern Europe. We set a clear goal for the Fund – financial support for infrastructure investments in the region. Such support is especially important these days as economies struggle with the effects of the COVID pandemic. The initiator and co-founder of the Fund is the Polish development bank BGK. We established the Fund together with our partners from the Romanian development bank EximBank" – says Beata Daszyńska-Muzyczka, the 3SIIF Supervisory Board Chairperson and BGK President.

The Three Seas Fund’s main objective is to invest in transport, energy and digital infrastructure on the north-south axis in the Three Seas countries and to offset the regional development differences in the European Union. The Fund is a commercial and market-driven initiative that will grant a diversified investment and an attractive return.

The IMF team also state that, if done right, infrastructure investment could yield significant dividends in the region. More and better public investment can help repair the economic damage of the pandemic, raise potential output, and speed income convergence with the EU15.

"At this time of economic slowdown, its benefits could be even larger. We estimate that for each percent of GDP spent on infrastructure, the output could rise by 0,5-0,75% in the short run and by 2-2,5% in the long run" – the report reads.

See full IMF report here: https://www.imf.org/en/News/Articles/2020/09/24/na092820-central-eastern-southeastern-europe-after-covid-19-securing-recovery-wise-public-investment

Visit the 3SIIF website here: https://3siif.eu/

Contact with BGK press office:
Bank Gospodarstwa Krajowego
Anna Czyż, tel. +48609220208, media@bgk.pl