Shanghai, China – May 29th, 2018 – JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the “Company,” or “JinkoSolar”), a global leader in the solar PV industry, today announced that, with the theme of “Conquering the Grid Parity Paramount”, the company showcased six of its blockbuster products, leading the charge towards a new wave of industry innovations and illustrating the strength of the company’s brand. At SNEC, JinkoSolar revealed, for the first time, its milestone JinkoSolar 410W Cheetah module that is reinventing the market standard for high performance. In addition, JinkoSolar also showcased its 310 W bifacial module, redefining the application boundaries of solar. Beyond the Cheetah and bifacial series, JinkoSolar also introduced, for the first time, its gold framed module designed to meet the need for elegant luxury in the Chinese residential PV market.
Showcased for the first time in the world at SNEC, JinkoSolar 410 W Cheetah module is the world’s highest-performing commercially mass-produced monofacial module, bringing the industry into the new age of PV 4.0 with mainstream module output of over 400 W. JinkoSolar Cheetah module is designed to meet the needs of the ultra-high performance market segments, such as the likes of China’s “Super Top Runner Program”.
All JinkoSolar Cheetah series modules are produced in the company’s next-gen ultra-smart P5 super factory and represents the most cutting-edge technology in solar module manufacturing. Utilizing an all new wafer and cell design, the Cheetah series has erected a new benchmark for ultra-high performing modules with its industry leading performance in metrics such as, but not limited to, output, limited degradation, shade tolerance, and durability. JinkoSolar 72 Cell Cheetah module’s 410 Wp performance is over 30 Wp higher than that of comparable products in the industry. The Cheetah series’ range topping conversion efficiency of 20.38% makes it the ideal solution for tender-based large scale PV projects and projects with ultra-high technical requirements such as those in China’s Super Top Runner program.
In regards to the widely discussed N-type and P-type bifacial modules, JinkoSolar is the only tier 1 module manufacturer to offer both types of bifacial modules. JinkoSolar 380 W 72-cell monocrystalline bifacial module has expanded the application boundaries of PV module installation. Traditionally, modules were largely installed in a horizontally flat or near flat manner. However, bifacial modules has opened the possibilities of installing modules in a vertical manner, drastically lowering the amount of space needed in PV projects. The ability of the bifacial modules to generate power on both sides has increases its practicality, creating new PV applications such as on highway fencing, greenhouses, sunrooms, and other building integrated photovoltaics (BIPV). Depending on the type of tracker utilized, module installation angles, and the installation environment, one can expect an additional 5-25% power generation from bifacial modules relative to that of monofacial modules. JinkoSolar 385 W N-type bifacial module shares all the unique performance attributes of the P-type bifacial module and has the additional advantage of having lower degradation than that of the P-type bifacial module.
With the residential PV market growing at a breakneck pace, at SNEC, JinkoSolar also introduced its 320 W 60-cell golden framed module for the first time. Studies have shown that residential PV end-users, on average, are financially well off and are early adopters of new lifestyles and products. As such, these end-users have higher requirements for product personalization and quality. Combining a high efficiency of 19.37% and elegantly luxurious design, JinkoSolar golden frame module is the ideal solution for the residential PV market.
Given its frameless and extreme anti-PID characteristics, JinkoSolar 335 W dual glass black silicone polycrystalline module has also garners substantial attention at the SNEC. The dual glass design provides the module, particularly in areas of high temperature and humidity, with great weather protection. The dual glass modules enables stable PV system operations in extreme weather environments.
“Industry transformation, continued technology evolution, and increasingly complex market demands are all obstacles we must overcome to accelerate the development of the PV industry. Having been preparing for these challenges, Jinko displayed six technical products at SNEC, showcasing what it means to be at the cutting-edge of smart solar manufacturing today. As an innovative technical leader in PV, JinkoSolar will continue to development and present new cutting-edge PV technologies, lead the intelligentization of China’s PV manufacturing, and catalyze the development of the PV industry” commented JinkoSolar CEO Kangping Chen.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 8 GW for silicon ingots and wafers, 5 GW for solar cells, and 8 GW for solar modules, as of December 31, 2017.
JinkoSolar has over 12,000 employees across its 8 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056