JinkoSolar's Monocrystalline PERC Solar Cell Efficiency of 23.45% Verified
SHANGHAI, Nov. 8, 2017 -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) ("JinkoSolar" or the "Company"), a global leader in the photovoltaic (PV) industry attended the 19th China International Industry Fair (CIIF) that opened in Shanghai today. JinkoSolar, as the world's largest solar module producer, showcased a suite of "Intelligent Manufacturing" innovations including MES system, smart devices, facility monitoring, smart factory, robotic workstations, quality traceability capabilities, and many more. At CIIF, JinkoSolar also announced that it has broken its own world record for P-type monocrystalline PERC solar cell efficiency by achieving that of 23.45%. The record was independently validated by the Chinese Academy of Sciences' Photovoltaic and Wind Power System Quality Test Center. This new achievement eclipses JinkoSolar's world record breaking P-Type monocrystalline PERC solar cell efficiency of 22.78% that was achieved just last month in October. JinkoSolar's previous successes clearly did not stop the company's pursuit of further excellence.
Closely adhering to the principles of Industry 4.0 and "Made in China 2025", JinkoSolar introduced new applications of cutting-edge technology such as IoT devices, intelligent mobile devices, and mobile robots to its manufacturing process. The innovative applications allows JinkoSolar to consolidate data collection, enable yield traceability, improve workflow efficiency, and optimize material transportation, which ultimately allows the company to continuously enhance its fab operating efficiency. Following through with its commitment to manufacturing excellence, JinkoSolar has further integrated functions such as advanced data analytics, smart diagnostics, self-reporting, and precise forecasting, with its operational know-how. The integration has revolutionized JinkoSolar's fab operations from "Automated" to "Intelligent", allowing the company to achieve greater efficiency, flexibility, and quality, maximize cost effectiveness, and accelerate overall innovation.
Through agile and intelligent operations, JinkoSolar continues its drive towards manufacturing excellence. The company's sophisticated agile operation system has integrated demand and capacity modeling, lean manufacturing, and lot dispatching and scheduling to provide short cycle time, stable manufacturing and on-time delivery. The system also provides greater flexibility to quickly support customers' urgent pull-in requests.
"World records have been shattered again and again at JinkoSolar as the company has broken five world records in cell and module efficiency just this year. Now with assistance of intelligent manufacturing, we can translate these world record learnings into mass production, which will undoubtedly make a big splash in the market.' commented Kangping Chen, CEO of JinkoSolar," As the world's largest solar PV company, JinkoSolar has mastered its physical production processes and products. However, JinkoSolar has not stopped pioneering evident in the successful development and implementation of its own digitalization strategy. Effective introduction and implementation of smart manufacturing will help JinkoSolar further improve its production flows. Excellent technological know-how, manufacturing capacity, and customer loyalty that build on them are the foundation of JinkoSolar current success. Data-driven innovations will be the foundation of its future success."
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 6.0 GW for silicon ingots and wafers, 4.5 GW for solar cells, and 7.5 GW for solar modules, as of June 30, 2017.
JinkoSolar has over 15,000 employees across its 8 productions facilities in China(5), Malaysia, Portugal and South Africa, 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 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
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
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