JinkoSolar addresses environmental concerns related to Zhejiang Jinko facility

SHANGHAI, CHINA: JinkoSolar Holding Co. Ltd, a fast-growing, vertically-integrated PV manufacturer with production facilities in China, addressed environmental concerns related to its facility in Haining city, Zhejiang Province, China.

Recent reports indicate that Zhejiang Jinko Co. Ltd, a subsidiary of JinkoSolar, discharged a small amount of solid waste containing fluoride into a nearby brook. In response to the concerns of local residents and in full cooperation with the local government’s investigation, Zhejiang Jinko has temporarily suspended production at its facility in Haining until the impact of any possible environmental damage has been assessed and remedied. An initial investigation conducted by the local environmental protection authority indicates that the issue may have been caused by the company’s transitory storage of waste as it sought a new waste management contactor to comply with the environmental authority’s latest policy.

During this time, unexpected and extreme rain conditions may have caused a small amount of waste containing fluoride to flow into the nearby brook via the factory’s drainage system.

This unfortunate incident has greatly impacted the management team of JinkoSolar. The Company takes pride in its environmental compliances, and has met or exceeded all requirements for ISO 14001 certification. Additionally, JinkoSolar ensures that all its factories are equipped with state of the art machines designed for minimal environmental impact. The Company’s investigation team is carrying out an in-depth examination of the Zhejiang factory to identify the root cause of the incident and is also seeking a third party agency to conduct joint investigations.

The halt in production is not expected to have material impact on JinkoSolar’s operations and module delivery commitment to its customers. JinkoSolar’s main factory in Shangrao, Jiangxi, is in full operation and has enough stocks to keep producing and meet customer demands. The Company will update the market as the situation evolves.