SHANGHAI, June 4, 2019 – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced launch of seven hero products at 2019 SNEC Shanghai, including Cheetah high efficiency series and Swan bifacial series, leading the industry into a new era featuring high-efficiency Mono for grid parity. As a superstar product based on Cheetah technology, Swan bifacial module with transparent backsheet , has already achieved several breakthroughs in power, annual electricity yield, reliability and LCOE, leading further development of bifacial module technology. Combined with the high-efficiency Cheetah Mono bifacial cell and DuPont Clear DuPont™ Tedlar®-based backsheet, Swan modules can achieve power output up to 415W on the front side and up to 25% power gain from the rear side with a 30 year power warranty. At the same time, the installation of Swan module is more convenient than dual glass type due to its lighter weight and conventional installation method, which effectively reduces BOS cost and minimizes LCOE, resulting in a higher return on investment. Thereafter, Swan bifacial module with transparent backsheet successfully won the 2019 Intersolar Photovoltaic Award. Launched alongside at SNEC, Swan N-type Bifacial module with transparent backsheet has achieved power output of up to 425W on the front side and 5%-30% power gain from the rear side. With adoption of advanced N-type HOT technology, the conversion efficiency of Swan N-type Bifacial module has reached 20.76%. Combined with multi-busbar cell technology, Swan N-type module has lower internal current heat losses and more uniform current-collecting ability. It is worth noting that Swan Plus with power output up to 460W is also showcased at SNEC, breaking the industry record of module conversion efficiency and becoming the center of the attraction. Based on the combination of several advanced technology, the power gain from the rear side has reached from 5% to 30%. Moreover, the application of low-resistance connection technology effectively mitigates the hot spot effect caused by reverse current, building a solid technological foundation for the reliable operation of modules during lifetime. Chen Kangping, JinkoSolar CEO, commented: “Industry transformation and technology revolution are reshaping the global PV business. JinkoSolar is honored to be the first mover leading the whole industry towards a new era. In the future, we will continue to promote technological innovation and accelerate the step of the global PV industry toward grid parity."
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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 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 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 productions facilities globally, 14 overseas subsidiaries in Japan(2), 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
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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:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
