Tag Archives: OIL

Gastech Virtual Summit to Take Place from September 7-11

Registration for the virtual summit now open

Summit will include online strategic and technical conference sessions streamed live or available on demand

Hosted on a fully interactive platform, delegates will gain insights into the latest commercial strategies and trends dominating the gas, LNG and energy industry

LONDON, July 15, 2020 — dmg events announced, today, registration is open for the first Gastech Virtual Summit, that will take place from September 7-11. The Summit will include strategic and technical content streamed online, enabling the Gas, LNG and Energy industry to connect and engage virtually to address the collective challenges and opportunities the industry faces.

The Gastech Virtual Summit 2020 will feature 200+ industry leaders who will outline strategies and visions for confronting the new and changed energy markets. The Summit will also showcase the latest and peer-reviewed research on new technologies and business strategies to help companies thrive in challenging times and exclusive keynote addresses from globally renowned leaders in the technology space.

The event’s high-level strategic conference will provide the Gas, LNG and Energy industry a unique opportunity to assess the industry’s long-term prospects as governments engage with the energy trilemma of energy security of supply, affordability and sustainability and assess the prospects for demand and investment recovery and changes to supply in a post COVID-19 world.

Delegates can register for the Gastech Virtual Summit 2020 at www.gastechevent.com/gvs. All strategic conference and technical conference sessions will be streamed live, but delegates will be able to catch-up in their own time or revisit sessions through the event’s on-demand service.

Nick Ornstien, Vice President Energy for dmg events said: “Gastech has sat at the heart of the Gas, LNG and Energy conversation for 49 years. It is a global platform with the power to convene industry leaders to drive the conversations, collaboration and connections that address the future challenges and opportunities in an evolving energy market and the increasing focus on Environmental, Social and Governance issues.

“Building on from Gastech’s renowned strategic conference, the Gastech Virtual Summit will deliver advanced insights into the latest commercial strategies and trends dominating the natural gas industry, providing delegates with fast track information on how best to align business models.

“Hosted on our fully interactive platform, delegates will gain insights from our sessions, develop and share ideas by participating in live Q and As and audience polls, and develop and deepen relationships with industry peers via our exclusive global network programme – wherever they are in the world,” added Ornstien.

Among those confirmed to take part in the virtual conference are Maarten Wetselaar, Integrated Gas & New Energies Director and Member of the Executive Committee, Shell; Laurent Vivier, Senior Vice President Gas, Total; Peter Clarke, Senior Vice President, ExxonMobil Upstream Oil and Gas Company; H.E. Nadeem Babar, Special Assistant to the Prime Minister (SAPM) on Petroleum Division, Islamic Republic of Pakistan; Eugene Kaspersky, CEO, Kaspersky Lab; Irtiza Sayyed, President, LNG Market Development, ExxonMobil; Thomas Siebel, Chairman and Chief Executive Officer, C3.ai; Niek den Hollander, Chief Commercial Officer, Uniper; Jun Nishizawa, Executive Vice President, Group CEO, Natural Gas Group, Mitsubishi Corporation; Jane Liao, CEO, Natural Gas Business, CPC Corporation and Alex Volkov, Vice President, Global LNG Marketing, ExxonMobil.

The topics which the Gastech Virtual Summit 2020 will cover include the role of natural gas in the energy transition; the criticality of IoT and data security in the future of the energy industry; the impact of deregulation on markets and investment; opportunities and challenges to the energy sector posed by Industry 4.0; hydrogen’s ability to deliver on decarbonisation commitments and what impact environmental activism will have on the emerging growth opportunities for the industry.

Alongside the Gastech Virtual Summit’s strategic conference, delegates will be able to attend the event’s technical conference that will earn attendees 28 accredited CPD hours. The technical conference sessions will feature certified content delivered by industry leaders on recovery, the new post-pandemic energy landscape and how the industry can capitalise and build on reduced emissions for a sustainable and secure long-term energy future.

The Gastech Virtual Summit 2020 is being held in place of the Gastech exhibition and conference, scheduled to take place in Singapore, in September. dmg events and the Gastech Governing Body, in consultation with Enterprise Singapore and the Singapore Tourism Board collectively took the decision to postpone that event, to next year, due to concerns around the global pandemic, accessibility and the wellbeing of speakers, delegates, exhibitors and visitors.

About Gastech

Gastech has united the global gas, LNG and energy industries for almost 50 years and continues to do so, placing its emphasis on the future and convening the global community. With the industry’s support, Gastech is the heart of the global gas, LNG and energy conversation – bringing together companies, organisations and individuals alike to shape the future of energy.  From NOCs, IOCs, utility companies, EPC contractors, E&P companies, service companies, technology providers, shipbuilders and manufacturers – Gastech brings the energy value chains together for progressive discussions, business transactions and cross sector collaboration.

For more information please visit www.gastechevent.com

Growatt introduces new generation three-phase inverter into Brazilian market

SAO PAULO, July 11, 2020 — Growatt, one of the world’s top 5 three-phase string inverter suppliers according to IHS Markit, introduces MAC series of its X generation inverters for three-phase solar PV market in Brazil. The new inverter series provide flexibility to meet the grid requirement of different voltages for commercial and industrial (C&I) solar plants, including MAC 15-36KTL3-XL for three-phase application at 220V and MAC 50-70KTL3-X LV/MV at 380V

Growatt’s MAC inverter provides better performance and higher ROI. The inverter comes with a maximum efficiency of 98.8% and a maximum DC voltage at 1100V. It has 3 MPPTs to improve the capability to handle irregular roofs when designing the PV system. It’s also compatible with bifacial modules and can lower LCOE for system owners. MAC inverter has very appealing and user-friendly design with OLED display and touch button that has a longer lifespan and can last over three million clicks!

Additionally, MAC has the local WiFi function for installers and service engineers for the purpose of configuration and troubleshooting. The inverter also works with a variety of devices through communication options such as 4G, GPRS and WiFi for remote monitoring, which can reduce onsite visits and O&M costs. System owners can also log onto Growatt’s ShinePhone App to check power generation and carbon emissions reduction.

“With the introduction of MAC 15-36KTL3-XL and MAC 50-70KTL3-X LV/MV, we can now meet the requirements of most C&I solar plants in Brazil,” said William Xu, Growatt Brazil Sales Manager. “Growatt is committed to the development of solar energy in Brazil. With our service center established in Mogi das Cruzes early last year, we have a stronger foundation to expand our businesses across Brazil along with our partners!”

About Growatt

Growatt is a global leader of PV inverters, storage and smart energy solutions. Growatt ranked in top 10 global PV inverter suppliers in 2019 according to IHS Markit. The company was also among the top 3 global suppliers of single-phase inverters and the top 5 of three-phase string inverters. By far, Growatt has shipped 17GW of PV systems and established an extensive service network with 13 branch offices and warehouses worldwide.

Related Links :

http://www.growatt.com

JinkoSolar to Supply 126 MW of Modules for a Utility PV Project in Chile

SHANGRAO, China, July 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 it will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile.

The local contractor recently announced the 126 MW expansion of an existing 160 MW PV park located in the Antofagasta Region. The existing PV plant has been in operation since 2016 and already has 668,160 JinkoSolar panels installed which generate 400 GWh per year. The expansion will add an additional 315,900 JinkoSolar bifacial modules.

Once the expansion is complete and begins operations, the PV plant will have a total of 984,060 JinkoSolar photovoltaic panels consisting of both monofacial and bifacial modules that are able to generate 789 GWh per year.

“This is the second project in Latin America to be equipped with our bifacial modules with transparent backsheets,” commented Mr. Alberto Cuter, General Manager LATAM of JinkoSolar. “Chile is the largest market for utility scale projects in the region and we are continuously working to promote our high-quality modules there in order to support the development of renewable energy. The expansion of the PV plant equipped with our bifacial modules has already generated lower LCOE and is able to compete with traditional sources of energy. We are expecting to sell more bifacial modules in the coming few months across the region.”

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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.

JinkoSolar has over 15,000 employees across its 7 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:

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

Related Links :

http://www.jinkosolar.com

Canadian Solar Inc. Announces Results of 2020 Annual and Special Meeting of Shareholders

GUELPH, Ontario, June 27, 2020 — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it held an Annual and Special Meeting of Shareholders on June 24, 2020. The shares represented at the meeting voted on the following matters: 

  1. With respect to the election of directors, the Company nominated seven individuals. Each of Mr. Shawn (Xiaohua) Qu, Mr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Arthur (Lap Tat) Wong, Ms. Lauren C. Templeton, and Mr. Karl E. Olsoni received a greater number of votes in favour than withheld. Mr. Robert K. McDermott received a greater number of votes withheld than in favour, and, as a consequence, under the Corporate Governance Guidelines of the Company, he is required to tender his resignation to the Chairman of the Board, such resignation to take effect on acceptance by the Board. The Board will consider his resignation pursuant to the Corporate Governance Guidelines and report its decision by subsequent press release.
  2. The requisite majority of the shares represented at the meeting required for approval were voted in favour of the re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditors of the Company and to authorize the directors of the Company to fix their remuneration;
  3. The requisite majority of the shares represented at the meeting required for approval were voted in favour of the special resolution authorizing and approving the continuance of the Company from the federal jurisdiction of Canada to either the provincial jurisdiction of the Province of British Columbia or the Province of Ontario; and
  4. The requisite majority of the shares represented at the meeting required for approval were voted in favour of the ordinary resolution authorizing and approving the extension of the expiry date of the amended and restated share incentive plan of the Company from September 20, 2020 to June 30, 2029.

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 43 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.

Related Links :

http://www.canadiansolar.com

Recon Technology Announces Pricing of $2.1 million Registered Direct Offering

BEIJING, June 26, 2020 — Recon Technology, Ltd. (NASDAQ: RCON) (“Recon” or the “Company”) announced today it has entered into a securities purchase agreement with certain accredited investors on June 26, 2020 to purchase $2.1 million worth of its ordinary shares in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement.

Under the terms of the securities purchase agreement, the Company has agreed to sell 1.68 million ordinary shares. In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to 1.68 million ordinary shares. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $1.25. The warrants will expire 5.5 years from the date of issuance. The purchase price for one ordinary share and a corresponding warrant will be $1.25. In addition, the initial exercise price for previously issued unregistered warrants to purchase 911,112 ordinary shares has decreased from $2.25 per share to $1.25 per share. The gross proceeds to the Company from this registered direct offering and concurrent private placement are estimated to be $2.1 million before deducting the placement agent’s fees and other estimated offering expenses, assuming there is no exercise of any of the warrants. The registered direct offering and concurrent private placement are expected to close on or about June 30, 2020, subject to the satisfaction of customary closing conditions.

Maxim Group LLC (“Maxim”) is acting as sole placement agent in connection with this offering.

The Company intends to use the net proceeds from this offering for general corporate purposes.

The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC) dated November 13, 2019, and declared effective on November 26, 2019. A prospectus supplement related to the offering will be, filed with the SEC and available on the SEC’s website at http://www.sec.gov . Copies of the prospectus supplements relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, by telephone: at (212) 895-3500.

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

About Recon Technology, Ltd.

Recon Technology, Ltd. (RCON) is China’s first non-state-owned oil and gas field service company listed on NASDAQ. Recon supplies China’s largest oil exploration companies with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures for increasing petroleum extraction levels, reducing impurities and lowering production costs. Since 2017, the Company has expanded its business operations into other segments of the broader energy industry including electric power, coal chemicals, renewable energy and environmental protection in the energy and chemical industries. Through the years, Recon has taken leading positions on several market segments of the oil and gas field service industry. Recon also has developed stable long-term cooperation relationships with its major clients, and its products and service are well accepted by clients. For additional information please visit: www.recon.cn .

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and RCON’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on RCON’s operations, the demand for the RCON’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the “SEC”) by RCON. 

Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. RCON’s SEC filings are available publicly on the SEC’s website at  www.sec.gov . RCON disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

IR contact:
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn

Related Links :

http://www.recon.cn/

JinkoSolar Receives Determination in German Court in Patent Litigation Brought by Hanwha Q CELLS

SHANGHAI and MUNICH, June 19, 2020 — JinkoSolar Holding Co., Ltd. (“JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today responded to the Regional Court of Düsseldorf’s recent determination concluding that third-party cell technology contained in certain JinkoSolar modules, no longer in production, infringes a patent held by Hanwha Q CELLS. JinkoSolar believes the Düsseldorf court came to an erroneous conclusion and will appeal the decision. JinkoSolar is also challenging the Hanwha patent’s validity at the European Patent Office (“EPO”).

Importantly, the scope and impact of the Düsseldorf court’s decision is limited to Germany. Additionally, the decision relates to third-party cells included in older versions of JinkoSolar-branded modules which are no longer in production. As such, the decision has no impact on current JinkoSolar customers, and JinkoSolar may continue to import and sell modules that use its own cell technology to customers in Germany.

“We respectfully disagree with the recent decision of the Düsseldorf court, which did not take any independent expert evidence and based its decision on one sided allegations,” said Kangping Chen, CEO of JinkoSolar. “We continue to believe that Hanwha’s claims are without merit and were brought solely to slow down our business momentum. We will pursue all legal avenues to vigorously defend against Hanwha’s claims, including contesting the validity of the patent associated with the cell technology in question. Providing JinkoSolar’s customers with industry-leading solar modules remains our top priority and we will continue to work tirelessly to achieve that end.”

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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.

JinkoSolar has over 15,000 employees across its 7 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

Christian Arnell
Christensen
Tel: +86-10-5900-2940
Email: carnell@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

Sungrow Smart Energy Virtual Show: a bulk of the latest innovations shine in the marketplace

HEFEI, China, June 15, 2020 /PRNewswire/ — Sungrow, the global leading inverter solution supplier for renewables, is unveiling a variety of the latest PV and energy storage innovations at its Smart Energy Virtual Show taking place on June 15-19. The Company bridges channels between participants and industry professionals from authorities including SPE, EASE, and offers exclusive webinars in terms of niche markets and flagship products, illustrating its determination on technical innovation and expansion of global footprints.

Sungrow Virtual Booth
Sungrow Virtual Booth

Beyond a virtual booth, latest product portfolio is starring

The fully-immersive virtual booth keeps everybody safe and healthy given the current coronavirus situation. While the intriguing part of the virtual show is not only the distinctive booth design but a dozen of the latest competitive PV and energy storage product portfolios for utility-scale, commercial and residential applications, Which garnered global unique views of over 10,000 on the first day.

Optimized for utility-scale PV plants, Sungrow is debuting comprehensive solutions ranging from 125kW to 6.25MW, for instance, the SG6250HV-MV turnkey solution, a brand-new 1500V multi-MPPT string inverter SG125HX that is compatible with over 500Wp bifacial modules, the world’s most powerful 1500V string inverter SG250HX and its medium-voltage turnkey station MVS6750-LV which is preassembled for easy O&M.

Featured commercial inverters ranging from 33kW to 110kW and residential inverters available from 2kW to 20kW tailored to distributed generation markets are another eye-catching due to the compact design, high productivities and multiple demand satisfied.

Among others, participants can check out Sungrow all-in-one energy storage systems such as a “3MW-1 Hour” system for utility-scale applications and a “50kW-3 Hour” system for commercial projects, which are fully integrated and of high efficiency and safety.

Outlook from professionals, benefiting your business

Drawing on experience gleaned from both fields of solar and energy storage, an unprecedented lineup of speakers gives impactful insights for participants.

Brittney Elzarei, Policy Manager from EASE (European Association for the Storage of Energy), shared the latest ESS policies in the key European markets and changes amid coronavirus on June 15th, indicating that we can expect strong impetus of energy storage development in Europe as it’s a special drive of the local decarbonization and energy transition.

The Europe market outlook 2020-2024 to be presented by Raffaele Rossi, Policy Analyst at SPE (SolarPower Europe) on June 19th is believed to show in-depth guidance for the foreseeable future.

In addition, Sungrow technical and service team is giving expertise on the latest innovations and specific trainings for installers and distributors.

“It is a pleasure to join this remarkable smart energy virtual show, where I can explore key highlights of cutting-edge new products aired exclusively. I’ve also gained reliable and practical insights from speakers and networking slots without restrictions,” commented a participant at the virtual show.

Technical innovations never settle

“We keep exploring on technical innovations and are delighted to roll out the latest PV and ESS solutions in this spectacular way. Indeed, the virtual show illustrates our features and embodies more perspectives from our partners which all participants can reap a lot,” said James Wu, Vice President of Sungrow.

Being a leading player with over 100GW deployed around the globe, Sungrow is dedicated to the sustainable development and joined RE100 to affirm the commitment to source 100% renewable electricity by 2028. Sungrow, with 100% bankability, is poised to usher in a new prospect of accelerating its steps in fulfilling its mission of “Clean power for all”.

About Sungrow

Sungrow Power Supply Co., Ltd (“Sungrow”) is the world’s most bankable inverter brand with over 100 GW installed worldwide as of December 2019. 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 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Photo – https://photos.prnasia.com/prnh/20200615/2830728-1?lang=0

JinkoSolar Announces Appointment of Chief Human Resources Officer

JIANGXI, China, June 12, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Mr. Ji Shao Guo has been appointed as Chief Human Resources Officer (CHO), effective immediately.

Mr. Ji has more than 20 years of leadership and human resources experience and has served in a number of senior positions across many industries. Prior to joining the Company, Mr. Ji was the Vice President of Human Resources at Meicai, a tech start-up to provide one-stop catering raw material procurement services. Prior to that, Mr. Ji served as HR Director at VIPKID, a privately-held online teaching and education company. From 2015 to 2017, Mr. Ji was Head of the 360 Learning Campus at Qihoo 360 Technology, an internet security company, where he managed their talent courses, corporate programs and leadership training. Mr. Ji earned a Bachelor of Science in Computing Communication from the University of Electronic and Science Technology of China (UESTC), and has two Master’s degrees, one in Computer Application Engineering from Beihang University, and the other in Business Administration from the Renmin University of China.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, “We are excited to welcome Mr. Ji to the team as Chief Human Resources Officer where he will be responsible for talent acquisition, employee engagement and culture strategies to develop high-performing leadership programs. He has a proven track record of helping large and growing organizations enhance their productivity and growth by creating a client-focused culture. We look forward to his leadership in ensuring that everyone on our team achieves their full potential and career goals, while we continue to solidify JinkoSolar as a global employer of choice for the solar 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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.

JinkoSolar has over 15,000 employees across its 7 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
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com

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

Cision View original content:http://www.prnewswire.com/news-releases/jinkosolar-announces-appointment-of-chief-human-resources-officer-301075025.html

Source: JinkoSolar Holding Co., Ltd.

ReneSola Power to Develop a 30-hectare Ground-mounted Solar Project in France

STAMFORD, Conn., June 10, 2020 /PRNewswire/ — ReneSola Ltd (“ReneSola Power” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated global solar project developer, today announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce 46 GWh, and supply electricity to approximately 10,000 households per year.

The consortium is led by Tenergie, the second largest independent power producer in France.  Other members of the consortium include a leading power consulting company and a recognized leader in project crowdfunding.  The consortium will develop the power plant covering 30 hectares of leased land in the town of Aups.  The plant will be owned by an entity, which in turn will be owned by the IPP, the Municipality of Aups. Local stakeholders and the individuals that participate in crowdfunding are deeply involved in the project conception phase. The Company estimates that a project of this size and design would typically have capacity of approximately 30 MW.  Actual capacity will be subject to additional authorizations, such as permits needed for final project design.

Mr. Josef Kastner, CEO of ReneSola Power European Region, commented, “This project demonstrates the strength of public-private partnerships and how they can help us grow our business in Europe while promoting a more sustainable energy supply.  Not only will Aups get a substantial source of clean and low-cost energy, but the town will secure a good source of revenue and its citizens will have an opportunity to invest in—and profit from—the growth of the clean energy industry.”

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, added, “This project validates that our business in France is strong and growing.  ReneSola Power is a leading developer in Europe, and we intend to accelerate our growth in the region.  Europe focuses on the development of social responsibility, and various governments across the region support the deployment of solar power.  Both France and other European countries are exactly the type of markets in which we are focusing our business development efforts.”

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.

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Source: ReneSola Ltd.

JinkoSolar Receives Favorable Final Determination of Non-Infringement in U.S. ITC Patent Investigation Brought by Hanwha Q CELLS

JACKSONVILLE, Fla., June 4, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the United States International Trade Commission (“ITC”) issued a favorable final determination concluding JinkoSolar’s products do not infringe a patent asserted by Hanwha Q CELLS.

In March 2019, Hanwha initiated ITC Investigation No. 337-TA-1151 against JinkoSolar, LONGi Solar, and REC Group, asserting that the companies infringe U.S. Patent No. 9,893,215.

On June 3, 2020, the Commission issued its final determination in JinkoSolar’s favor, affirming the Administrative Law Judge’s initial determination in April, which was based on analysis of detailed, expert testimony, that JinkoSolar’s products do not infringe Hanwha’s patent.

“We welcome this final decision from the ITC, confirming what we have known all along: our products do not infringe Hanwha’s patent,” said Kangping Chen, CEO of JinkoSolar. “From the start, we have believed that the case brought by Hanwha was legally and technically meritless and a transparent attempt to disrupt innovation and slow our momentum. The ALJ’s decision confirms that Hanwha should never have brought this case in the first place. JinkoSolar is a true innovator, and this outcome validates our technology. Our top priority is to provide our customers around the world with the industry-leading, sustainable, high-quality, high-performance solar modules they have come to expect from us.”

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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.

JinkoSolar has over 15,000 employees across its 7 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.

Contact

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. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com  

In the US

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

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Source: JinkoSolar Holding Co., Ltd.