Jinko Solar Announces Conversion Efficiency of 24.58%
Updated: Jun 16, 2019
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 the maximum conversion efficiency of its cheetah size cells and N-type cells reached 24.38% and 24.58%, respectively, during testing conducted by the Chinese Academy of Sciences in March 2019, China's authoritative national academy for the natural sciences.
Additionally, power generated by JinkoSolar's 72 version high efficiency monocrystalline module (cell: 158.75*158.75) reached 469.3W during testing conducted by TÜV Rheinland, a respected third-party institution, in May 2019. JinkoSolar has made significant breakthroughs in the field of high efficiency and high power of cells and modules, setting a new industry standard for peak performance.
JinkoSolar's production chain, including R&D teams from silicon wafers, solar cells and solar modules, all made significant technological breakthroughs which were key to the extremely high solar cell efficiency and module power output. Several advanced technologies have been implemented, including: silicon wafer growth with extremely low oxygen and defect concentration, HOT solar cell technology, low-loss cell connection technology, and in-module light harvesting technology.
"With our commitment to revolutionize the industry using technological innovation, JinkoSolar has been continuously breaking world records for the efficiency of solar cells and modules," commented Dr. Hao Jin, JinkoSolar R&D Vice President. "To complement our efforts in continuously upgrading product technology and create more value for our global customers, JinkoSolar has established a joint research platform with many advanced R&D institutions across the globe."
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 9.7 GW for silicon wafers, 7.0 GW for solar cells, and 10.8 GW for solar modules, as of December 31, 2018.
JinkoSolar has over 12,000 employees across its 7 production facilities globally, 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and United Arab Emirates, and global sales teams in China, United Kingdom, France, Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi Arabia, Tunisia, Egypt, Morocco, Nigeria, Kenya, South Africa, 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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
SOURCE JinkoSolar Holding Co., Ltd.