JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, announced that it supplied 12.7 MW of PV modules to Hitachi Systems, Ltd.("Hitachi Systems"), a subsidiary of Hitachi, Ltd., for a solar plant owned by Farmdo Corporation("Farmdo") in Ulan Bator, Mongolia. 

JinkoSolar delivered 12.7 MW of its high efficiency PERC modules and custom built 36-cell and 48-cell dual glass modules. This shipment marks JinkoSolar's first to the country. The power plant is the country's first utility scale solar plant which covers 28 hectares of land and is expected to be connected to the grid in November 2017. Supported by the Japanese Ministry of the Environment, 40% of the project's construction fees will be financed using a government subsidy. JinkoSolar is currently bidding as a competitive candidate for two other projects managed by Hitachi Systems where construction is expected to begin in 2018.

"Mongolia's abundant resources and vast steppe make it an ideal location for developing the local economy through solar power generation," commented Mr. Fujimoto Kazuaki, Division General Manager of Hitachi Systems' Facility Solutions Division. "A steady and reliable supply of electricity is essential for economic development. We are proud to have the opportunity to take part in Farmdo's solar farm project and support renewable energy businesses across the nation. JinkoSolar's global presence, extensive experience in solar power generation, diversified products and strong R&D capabilities ensure that their modules will work reliably even in the harshest of environments. Our partnership with JinkoSolar was essential in making this project a success."

"We are very pleased to have the opportunity to cooperate with Hitachi Systems on this project," commented Mr. Gener Miao, Vice President Global Sales and Marketing of JinkoSolar. "This is a big step for us in expanding our presence in Mongolia. We look forward to creating a bright future for solar energy there."

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