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PR Newswire

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

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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

PR Newswire

Baidu Unveils Plan to Increase Investments in New Infrastructure to Power the Rise of Industrial AI

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Baidu Plans to Deploy 5 Million AI Cloud Servers by 2030 and Train 5 Million AI Professionals

BEIJING, July 2, 2020 — Baidu, Inc. (NASDAQ:BIDU) recently announced that it will increase its investments in cloud computing, AI education, AI platforms, chipsets, and data centers in the coming ten years as part of its efforts to construct “new infrastructure” for the smart economy of the future.

Under the plan, Baidu aims to have 5 million intelligent cloud servers by 2030 and train 5 million AI professionals within 5 years, which will help facilitate the widespread application of AI in transportation, city management, finance, energy, health care, and manufacturing to eventually achieve industrial intelligence.

“New infrastructure–which encompasses emerging technologies like AI, cloud computing, 5G, IoT, and blockchain–will be the driver for China’s economic development in the coming decades,” said Baidu Chief Technology Officer Haifeng Wang, underscoring the importance of the plan.

“As a world-leading AI platform company, Baidu is well positioned to make large contributions to the development of new infrastructure in China, which will support the implementation of AI applications in different industries.”

The investment plan will see Baidu deploy 5 million intelligent cloud servers by 2030, an ambitious target that would create a combined computing capability equal to seven times the total calculable computing power of the world’s existing top 500 supercomputers.

Viewing human capital as a core component of new infrastructure, Baidu also intends to train 5 million AI professionals in the next five years. Baidu has been working with more than 200 leading universities in China to develop courses related to AI and deep learning and has already trained more than 1 million AI experts.

As a developer of both AI infrastructure and AI applications, Baidu is well-positioned to contribute to building new style infrastructure, which is at the core of China’s “New Infrastructure” policy to accelerate economic growth and industrial upgrade.

Layout of Baidu's AI-powered new infrastructure
Layout of Baidu’s AI-powered new infrastructure

 

Baidu has more than 7,000 published AI patent applications in China, the highest in the country. The AI open platform Baidu Brain has made available more than 250 core AI capabilities to over 1.9 million developers, while PaddlePaddle, the largest open-source deep learning platform in China, services 84,000 enterprises. Baidu’s Kunlun and Honghu AI chips are among the highest preforming AI chips and are built for a wide range of scenarios. Baidu Cloud is China’s leader in public cloud and AI cloud services with more than ten data centers across the country.

This new infrastructure is already allowing Baidu to lead the intelligent transformation of different industries. Baidu’s smart finance products serve nearly 200 financial institutions, while Baidu’s intelligent healthcare prouducts are deployed at more than 300 hospitals and 1500 grassroots medical institutions. Baidu Brain for Cities is already in place in Chongqing, Suzhou, and other cities, supporting more intelligent city management. Baidu’s new investments will enhance its ability to rollout AI applications in these scenarios, as well as in manufacturing, energy, and transportation.

About Baidu

Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. The Company’s mission is to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol “BIDU”. Currently, ten ADSs represent one Class A ordinary share.

Media Contact
Intlcomm@baidu.com

 
PR Newswire

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

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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

PR Newswire

Recon Technology Announces Pricing of $2.1 million Registered Direct Offering

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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/

PR Newswire

Utilities must accept payments online after the lockdowns, warns IT billing expert

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BLOOMSBURG, PA., June 24, 2020 — Thomas Tobin, Pennsylvania based software developer and President of Diversified Technology Corp, issued the following statement:

“Utility organizations who resisted moving to online payment systems in the past must now take that crucial step,” said Tom Tobin. “To help them, we’ve streamlined the transition process and flattened the learning curve, so even organizations with no online exposure can still confidently make the move.” Diversified set up an information page at: https://diversifiedbilling.com/go-online to help managers understand the process.

“Utility organizations must take this seriously for two reasons,” said Mr. Tobin,

  • “The COVID-19 lockdowns have forced people to rely on online payment systems.
  • COVID-19 still remains a threat and some level of social distancing will probably be a part of everyday life for some time to come.”

“The lockdowns have changed consumer behavior forever,” said Mr. Tobin. “People who would previously tolerate standing in a line to pay a cashier now expect everything to be online and this is not going to change.”

Mr. Tobin’s company, Diversified Technology has seen an increase in Utility organizations ready to move their billing systems online. While Americans have been able to pay most of their accounts online for over a decade, this has often not been the case with utility bills. Some utility organizations have been resistant to change, with long term staff fearing they will be made obsolete, by any move to an automated system.

“But the recent crisis has been a catalyst for them to move,” Mr. Tobin said. “Aside from appeasing dissatisfied customers, moving online is now popular with key staff who worry about being exposed to the virus.” Mr. Tobin explained that utility organizations typically have a large percentage of aging staff, people who are most at risk of becoming seriously ill or dying from the disease.

Mr Tobin said the key component of their system was the flexibility. Being able to switch utilities from inhouse LAN based software to cloud based, and back to their LAN at any time, gives managers the reassurance they need to be able to make the move. They also discover a new layer of safety with online billing. Real time reporting results in fewer delinquent accounts and a reduction in phone calls from irate customers. When people can view their statistics online, they are more likely to understand their charges.

Diversified Technology Corp is a Pennsylvania based software development company, who have built utility billing and management systems for the past twenty years. You can call them on 800-537-8903 x1004 or visit their website at: https://diversifiedbilling.com/go-online

Related Links :

https://diversifiedbilling.com
PR Newswire

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

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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

PR Newswire

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

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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

PR Newswire

JinkoSolar Announces Appointment of Chief Human Resources Officer

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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.

PR Newswire

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

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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.

PR Newswire

Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

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– Greg Tarr will lead strategy, corporate development, business development, product planning and new ventures

IRVINE, California, June 8, 2020 /PRNewswire/ — Greg Tarr has joined Karma Automotive as Chief Strategy Officer (CSO). 

Greg Tarr, Chief Strategy Officer, Karma Automotive
Greg Tarr, Chief Strategy Officer, Karma Automotive

As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and product development. A new range of battery electric vehicles (BEV) starting with the all-electric Karma Revero GTE launches in Spring 2021.

“As Karma moves beyond the traditional automotive business model, we continue to seek a diverse range of talent who exhibit the disruptive strategies and entrepreneurial mindset adopted in tech hubs such as Silicon Valley,” says Dr. Lance Zhou, CEO, Karma Automotive. “Greg’s leadership experience in Silicon Valley automotive and mobility startups, global network, venture capital and Toyota background will be a valuable asset to Karma’s executive team.”  

“Karma is reinventing the luxury electric category with innovation. Karma products intersect new mobility innovation, iconic/exclusive design and bespoke craftsmanship which converge to create the next generation of luxury electric cars, supercars and SUVs,” says Tarr. “Karma will leverage its vast intellectual property portfolio and Southern California manufacturing facility, KICC, to partner with large OEMs and cutting edge startups to deliver the future of mobility for an enhanced customer experience.”

Greg’s past leadership roles include: Corporate Venture Capital: Vodafone China,  Singtel’s Globe Telecom, Axiata Group and Rogers Communications, Startups: Glympse- Board of Directors/CSO, Automatic Labs- CSO (M+A- Sirius XM) , Networks in Motion- VP Asia (M+A- TCS), Jibe- Board of Directors (M+A- Google), RX Networks- Board of Directors (M+A- Bluestar China), Kodiak Networks VP Asia (M+A- Motorola), Admobius- Seed Investor/Founding Member-Board of Directors (M+A- Lotame), Shanghai Linktone (Nasdaq), SmartPay China (M+A- Ping An insurance),  Deutsche Bank- Head of Asian Technology Equity Research, Toyota’s USA HQ Technical Customer Service.

Greg has lived globally over a decade in Greater China, Japan, Korea, Vietnam, Singapore, Sweden, Canada and is originally from New York City.

About Karma 

Southern California-based Karma is more than just a car company. Although we are best known as a creator of soul-stirring luxury electric vehicles, Karma produces commercial vehicles and automotive technology platforms. Founded in 2014, Karma is reinventing the traditional retail-based automotive business model by opening its engineering, design, customization and manufacturing resources to other companies looking to speed product development, access new technology, or make their products more luxurious. The Revero GT, Green Car Journal’s 2020 Luxury Green Car of the Year™ is a luxury electric vehicle powered by dual electric motors that embodies Karma’s goals of offering leading automotive design, technology, customization and an outstanding customer experience. Our retail partners in North America are now delivering the Revero GT to retail customers and will begin offering a performance version, the Revero GTS, later in 2020. Every Revero is created with great individual care and world-class craftsmanship at the Karma Innovation and Customization Center in Moreno Valley, Calif. For more information, visit www.karmaautomotive.com, or www.karmanewsroom.com.

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