- JinkoSolar continues to lead the Australian rooftop market
- Value, Dupont backsheet and product reliability key factors in the deal.
SYDNEY June 26 2020 – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, announced today that they have confirmed orders totaling more than 100MW with specialist wholesale distributor Blue Sun Group, with the focus of the orders on JinkoSolar’s Cheetah Plus panels. JinkoSolar Cheetah Plus is unique in the power class due to the narrow profile, which allows use of 4200mm rails standard in the industry.
JinkoSolar ROA General Manager Ms. Anita Li said: “JinkoSolar is the world leader in panel shipments, and this success comes in no small part from the efforts of our solid partners in the distribution and EPC sectors, such as Blue Sun Group and our phenomenal team of Aussie installers.”
JinkoSolar has differentiated itself from peers by being first to market with many key technologies, such as Tiling Ribbon, and the unique TrueSquare 163mm Cheetah cell. This clever innovation helped Cheetah Plus exceed 20% efficiency and still save on installation rail costs. Across 2020, Jinko Solar is introducing a range of innovative technologies, including Cheetah Plus, Tiger N, Tiger Pro.
Commenting on the sizeable investment in the market, Blue Sun Group GM Mr Hao Wu shared: “Despite the headwinds from the pandemic raging all over the world, Blue Sun Group is firmly confident in three things: the Australian solar industry, our strategic cooperation with Jinko Solar Australia, and our sub-distributor partners. Being a market leading company within the Australian solar industry, we will actively work together with JinkoSolar to contribute to the local solar industry.”
Blue Sun Group is attracted to the Cheetah Plus for the key reasons of time saving and reliability. By using these panels on a typical 6.6kW
ystem, installers can reduce the number of panels installed from 20 to 18 (compared to 330W), saving time and mounting materials. JinkoSolar solar modules also come standard with DuPont Tedlar backsheet, earning Australian models the covered MAST certification, and providing confidence to homeowners and businesses alike that the panels are fundamentally better and will last the distance. Details of the certifications can be found in the enhanced section of the Clean Energy Council approved modules list.
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 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.
In Australia, across the last decade of business conducted locally JinkoSolar has supplied many key projects and established a national footprint of warehouses and support staff.
Internationally, JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.
JinkoSolar has over 15,000 employees across its 7 production facilities globally, with 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland 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.