TORONTO, ONTARIO--(Marketwire - July 27, 2012) - The Local Content Assurance Bureau Inc. (LCAB) announced today that it has completed a rigorous independent review of JinkoSolar Canada Co. Ltd. (Jinko) manufacturing agreements, contract manufacturing facilities and products. As a result of that review, LCAB has issued a CORE Certification to Jinko, indicating that Ontario-produced solar photovoltaic modules produced in a Sault Ste. Marie plant are in accordance with its Ontario domestic content requirements.
LCAB's Contributor to Ontario Renewable Energy Program (CORE Program) is an industry led, voluntary certification process developed to help Ontario manufacturers, suppliers, professional services firms, and individuals meet domestic content requirements set out by the Ontario Power Authority (OPA) in the OPA's Feed-In Tariff Program (FIT Program).
This CORE certification required a detailed onsite review of the contract manufacturers' production facilities in order to verify a wide variety of aspects of Jinko's production practices, capacity, documentation and techniques. Based on this detailed review, differentiation of products coming from other countries and further analysis, LCAB can say with confidence that Jinko's products fulfill, in the company's opinion, the domestic content requirements set forth in the FIT Program, specifically with regards to Activity 4 of both Table 2 and Table 4.
"We are very happy to issue a CORE certification to Jinko" said Etienne Lecompte, Managing Director of LCAB. "Jinko is leveraging the solar manufacturing base in Ontario to offer its products to the local market. With the upcoming release of the FIT 2.0 program we hope to see more module manufacturers leverage the existing capabilities we have in Ontario and contribute to the growth of our industry."
"As an international company, JinkoSolar is focused on establishing our physical presence in growing markets and we are excited to broaden our services and technology to Canada," said David Li, JinkoSolar's Chairman.
About Jinko
JinkoSolar Holding Co., Ltd. (NYSE:JKS) is a fast-growing, global solar power product manufacturer with cost efficient operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Singapore, Munich, Germany, San Francisco, U.S., Queensland, Australia, Ontario, Canada, Bologna, Italy, Montpellier, France and Zug, Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2GW each for silicon ingots, wafers, solar cells and solar modules as of December 31, 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market; including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
About Local Content Assurance Bureau Inc.
LCAB provides domestic content certification and advisory services. The company's flagship program, the CORE Program, is designed to help Ontario businesses meet domestic content requirements under the OPA's FIT Program. Note that the CORE Program is owned and managed by LCAB and is not directly affiliated with the Ontario Power Authority.
Contact Information:
Etienne Lecompte
Managing Director
1-800-984-5929 x 100
elecompte@lcab.ca