JinkoSolar Holding Co., Ltd. (“JinkoSolar” or “the Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, announced the completion of its Product Carbon Footprint Assessment. The life cycle assessment (LCA) evaluated the carbon emissions at the company’s Jiangxi manufacturing facility, where JinkoSolar produces its polycrystalline and monocrystalline silicon PV modules. Conducted by international service firm TUV Rheinland, the study gives JinkoSolar favorable ratings for the level of CO2 emissions at its factory.
The LCA Evaluation examined the assembly and packaging phases in the process of JinkoSolar’s PV module manufacturing. The report was designed in accordance with the principles of life cycle assessment stated in the international standards ISO 14040/ISO 14044. Its goal was to determine a quantified value of CO2 emissions, fulfill the requirements of an LCA, and generate awareness for the manufacturer of the environmental aspects of its product in order to identify priority areas of improvement.
“Life Cycle Analyses are critical tools for understanding the end-to-end environmental impact of a company,” said Kangping Chen, CEO of JinkoSolar. “We are pleased that the results of this study indicate that the carbon dioxide emitted during the manufacturing phase is significantly less than the CO2 that will be reduced during the 25-year usage phase.”
We take pride in ensuring that JinkoSolar has environmental means for our overall environmental goals and we are pleased that the carbon footprint report validates that principle,” added Chen.
“I am really pleased to see our experienced team help JinkoSolar establish and implement a robust and comprehensive carbon management strategy. We will assist the Company in achieving the best results in various fields like carbon footprint, carbon offset and awareness improvement. It is also our commitment to provide them with a full set of monitoring and verification services,” said Ulrike Therhaag, Director of TUV Rheinland Greater China.