JinkoSolar's EAGLE® Preserve Program Approved as the State of Washington's 1st Module Stewardship Program

Rhea-AI Summary

JinkoSolar (NYSE: JKS) has achieved a significant milestone as its EAGLE® Preserve program becomes the first module stewardship program approved by the Washington State Department of Ecology. The program, launching July 1, 2025, will provide takeback-and-recycling services for end-of-life solar modules from Commercial, Industrial, and utility project sites in Washington at no cost to project owners.

This approval aligns with Washington state laws (RCW 70A.510.010) requiring solar manufacturers selling products in-state to implement end-of-life module stewardship programs. The program must cover all modules sold in Washington after July 1st, 2017, ensuring components are disassembled and responsibly recycled. Other manufacturers can join the Stewardship Program once it launches.

Positive

• First-mover advantage in Washington's solar module recycling market
• Compliance with state regulations, demonstrating environmental responsibility
• No-cost recycling service for project owners, potentially attracting more customers

Negative

• Additional operational costs for handling end-of-life module recycling
• Potential competition when other manufacturers join the program after July 1

CAMPBELL, Calif., May 19, 2025 /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 EAGLE® Preserve, its proprietary takeback-and-recycling program for end-of-life solar modules in the U.S., has become the very-first such stewardship program to receive the approval of the Washington State Department of Ecology.  

EAGLE® Preserve will pick up end-of-life modules registered with the Stewardship Program from Commercial and Industrial ("C&I") and utility project sites in Washington and ensure they are recycled in a sustainable way, giving solar power customers in Washington their very first turnkey recycling solutions provider.  

The EAGLE® Preserve Stewardship Program starts July 1 this year.  At that time, other manufacturers may also join the Stewardship Program and offer the same services to their customers. 

Washington laws requiring that solar manufacturers who sell products in-state create and implement an end-of-life module stewardship program (at no cost to the project owner), have been on the books for nearly a decade (RCW 70A.510.010).  In that time, the State of Washington has reconfirmed its policies for end-of-life requirements for solar modules, ensuring that all module components are disassembled and responsibly repurposed or recycled.  A state-approved stewardship plan must ensure the convenient, safe, and environmentally sound takeback and recycling of modules.  A manufacturer's plan, and/or the program it joins, must cover all modules it has sold into the State of Washington after July 1^st, 2017.

With today's announcement, JinkoSolar is happy to be considered the state's leader in panel recycling.

"JinkoSolar is honored to get approval for the EAGLE® Preserve Stewardship Program in the State of Washington," said Nigel Cockroft, General Manager of JinkoSolar (U.S) Inc.  "JinkoSolar takes compliance very seriously, and we developed EAGLE® Preserve with an eye toward serving the Washington market effectively, responsibly, and in intentional accordance with state law."

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 utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of March 31, 2025.

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. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com

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SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What is JinkoSolar's EAGLE® Preserve program and when does it launch?

EAGLE® Preserve is JinkoSolar's takeback-and-recycling program for end-of-life solar modules in Washington state, launching July 1, 2025. It's the first such program approved by the Washington State Department of Ecology.

How much does JKS's solar module recycling program cost for project owners?

The EAGLE® Preserve program is provided at no cost to project owners, as required by Washington state law.

Which solar modules are covered under JinkoSolar's recycling program in Washington?

The program covers all JinkoSolar modules sold in the State of Washington after July 1st, 2017, including those from Commercial, Industrial, and utility project sites.

Can other solar manufacturers join JinkoSolar's EAGLE® Preserve program?

Yes, other manufacturers can join the Stewardship Program starting July 1, 2025, to offer similar services to their customers.