JinkoSolar

Interest in roof-mounted solar panel subsidies gaining momentum

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Homeowners are displaying a satisfactory level of interest in the energy ministry’s subsidy support package for roof-mounted solar panel installations, launched in early March, though there is room for swifter progress, energy market players have noted.

Also, the emergence of new products in the sector is sparking greater consumer interest, while companies are making necessary adjustments to meet heightened demand, officials have noted, in response to energypress questions.

The energy ministry launched a platform offering subsidies for roof-mounted solar panel installations on March 2. Some 3,800 applications were submitted during the first nine-day period, while the total number of applications lodged has since risen to 11,000, of which approximately 6,500 have already been approved.

The support program has ushered in a new era for the solar panel market, representatives at Inergio-Tesco, Big Solar, Recom, Baywa r.e., JinkoSolar and S ungrow, told energypress. Sector revenues are rising, while customers are no longer perceiving self-production as an alien concept, the companies noted.

JinkoSolar webinar on rooftop solar panels, storage May 18

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JinkoSolar is organizing the first of a series of webinars titled «JinkoSolar’s technology solutions for rooftop solar applications with battery storage systems» on May 18.

In the context of the webinar, JinkoSolar’s new technology rooftop solar panels in combination to storage will be presented, suitable both for the residential and the commercial sector.

The webinar is addressed to installers, consumers and other interested parties, where they will have the opportunity to learn about the important advantages of the new product that will be available soon on the Greek market.

The program of the webinar includes:

  • Presentation of the new residential Tiger Neo PV modules N-Type TOPCon technology
  • Technical explanation of the products
  • The main advantages for the consumer
  • JinkoSolar’s new product line of residential energy storage systems

Speaker: Evangelos Makrigiannis, Technical Service Engineer, JinkoSolar EU

The webinar will be held on May 18th 2023, at 14:00 (EEST) with the support of energypress.gr

Interested parties may register at  https://register.gotowebinar.com/register/8113334115520716629

Speaker’s CV

Evangelos joined JinkoSolar in 2022 and has been working as a Technical Service Engineer supporting pre-sales and after-sales in the PV business in EU. He holds a BSc in Physics (AUTh), a Master’s in Applied and Engineering Physics (TU München) and a Master’s in Business Administration (AUEB). He started working in research in 2014 and his main focus was nanomaterials applications and energy storage devices (WSI Munich, NCSR Demokritos Athens). Currently he is supporting the JinkoSolar Residential Energy Storage business entry strategy in EU.

 

Solar energy investors focusing on large-scale projects

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Increased emphasis is nowadays being placed on large-scale solar energy parks around Europe, as well as energy storage, through hybrid projects combining photovoltaics with batteries, participants at Intersolar Europe 2022, a major international conference and trade fair, held annually in Munich, have agreed.

The solar energy sector has enormous potential, especially in Europe, as a result of the EU’s decision to greatly reduce its reliance on Russian energy sources, participants noted, without overlooking concerns troubling the market, regarded as unstable by many.

Highlighting the growing level of interest in the solar energy sector, Intersolar Energy 2022 involved the participation of 1,356 exhibitors from 46 countries, attracting 65,000 visitors from 149 countries, a 33 percent increase compared to 2019.

A host of Greek companies took part, these being: Sunlight Group Energy Storage Systems, Elvan S.A., ILVIEF SA, Inaccess ltd, Nanotechnology Lab LTFN, Organic Electronic Technologies PC (O.E.T.), Profilodomi, Protasis SA, Raycap GmbH, Recom Technologies, S.K.EVANGELOPOULOS AND CO, SOLBOTIX S.A.

Local representatives of major international players also participated, representing companies such as Huawei, Jinko, Goodwe, Krannich-Solar, Kostal and Raycap, all active in the Greek market.

 

JinkoSolar delivers over 500,000 modules for Kozani project, one of Europe’s biggest

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that it has delivered its bifacial modules to a 204-MW Solar Power Plant in Kozani, northern Greece.

The Kozani project consists of 18 project sites adding up to a total capacity of 204 MW. JinkoSolar has delivered more than 500,000 bifacial modules to juwi Hellas Renewable Energy Sources S.A.

The Kozani project, inaugurated yesterday, will deliver up to 320 million kilowatt-hours per annum when fully ramped up, supplying electricity to more than 75,000 households. The Kozani project is one of the largest bifacial projects ever built in Europe.

Mr. Frank Niendorf, General Manager of JinkoSolar Europe, commented: “We are delighted that juwi Hellas, one of the leading renewable energy specialists globally, has once again placed their trust in the superior quality and reliable performance of our solar modules for this impressive mega project in Greece. The Kozani project has become Europe’s benchmark for renewable energy. It is also one of the largest bifacial projects ever built in Europe, and JinkoSolar is very proud to be a part of such an important milestone for our industry.”

Mr. Dimitris Varlamis, JinkoSolar Head of Sales for South Eastern Europe, commented: “We are very proud to contribute to this emblematic project which is by far the biggest solar energy project in Greece and one of the largest project in Europe featuring our high-performance bifacial modules. We would like to thank juwi Hellas, and HELPE for their trust in JinkoSolar and we look forward to a long-term strategic partnership with the juwi team.”

 

Local PV market grounded by China’s sharply reduced output

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A drastic reduction in output of solar module panels by Chinese manufacturers, prompted by electricity shortages in the country as well as limited availability of PV materials, is heavily impacting RES sector investors in Greece.

Numerous local investors who had placed PV orders quite some time ago have been informed, by Chinese manufacturers, of delays for indefinite periods. Developers face the same problem.

PV prices have surge amid the extraordinary conditions making it extremely tricky, if not impossible, for Chinese manufacturers to price their products.

The energy crisis in China has forced the government to impose electricity consumption limits on industrial producers, which has hampered their operating capacity.

In response, many large-scale PV producers in China have chosen to suspend their operations, deeming as unfeasible the prospect of producing for a limited number of hours per day.

Five of the country’s PV producers, Longi, Jinko, Trina, JA and Risen, have issued a joint statement noting that, under the current conditions, their output cannot exceed 70 percent of capacity.

 

Competition intense in solar panel market, JinkoSolar ruling

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Major investment interest for prospective solar energy projects, as indicated by the number of applications submitted to RAE, the Regulatory Authority for Energy, as well as projects already in progress, has established Greece into a particularly important market for the photovoltaic sector.

A large number of investors have now entered the Greek solar energy market, many of these major international players. As a result, competition has intensified, as is reflected in lower price levels offered at auctions. Tariffs per KWh have fallen to levels well below those for customary electricity generation.

Competition between solar energy equipment suppliers has also greatly intensified. All the major international players have already entered the Greek market, or are preparing to do so. Driven by the market prospects in the years to come, they are looking to capture solid market shares.

Even so, 2021 has not been a comfortable year so far, while projections for the remaining months are unfavorable. Solar panel deliveries have encountered enormous problems as a result of shipping issues, which has prompted higher prices in the market.

As a result, the intense competition between PV equipment suppliers has not been limited to solar panel prices, which vary depending on quality, but also concerns, to a great extent, availability, flexibility and delivery-schedule reliability. This is an important aspect for investors as it often determines whether projects can be developed or not.

Amidst these market conditions, data has shown that JinkoSolar has managed to prevail and register high-level performances.

In the large-scale project category (utilities, 10 MW and over), setting the market tone and generating major revenue levels, the company appears to have now captured a market share of around 70 percent. JinkoSolar has signed contracts for a total capacity of 370 MW in 2021. Also taking into account smaller projects, orders for 2021 exceed 550 MW, representing more than 1.2 million PV panels.

In west Macedonia, a region in the country’s north attracting the interest of investors as a result of its existing electricity transmission networks, four major-scale projects promising a total capacity of approximately 370 MW, all equipped with JinkoSolar panels, are currently being developed.

One of the four solar farms, a 15-MW investment by PPC Renewables, is being developed by MYTILINEOS. Also, an ELPE 204-MW facility is being developed by juwi, while Kiefer is preparing a 110-MW unit and Total Eren a 40-MW facility.

Responding to a question on the reasons behind JinkoSolar’s strong performance, Dimitris Varlamis, Jinko Solar’s Head of Sales, South Eastern Europe, noted: “The advanced technology and quality of the panels, reliability of the company, but also the high level of our services, are the key factors customers judge us by and place their trust in us.” He made particular note of the company’s collaboration with COSCO, the Chinese shipping and logistics company. “Realizing, on time, the needs of our customers, especially for major-scale projects, we have collaborated, since 2019, with Cosco and Eurocom, making the most of the potential offered by related legislation innovatively drafted and by the public administration so that we could give shape to the system that could provide these services. We invested time and money and finally managed to be in a position to deliver panels to the Greek market in the shortest possible time, without VAT costs, while, at the same time, reducing to a minimum any risk for the customer during the panel delivery process.”

Through the use of this model, “we have, under the extremely adverse conditions of this year, continued to deliver successfully and consistently, previously notifying our customers on time about the situation and what they should expect,” Varlamis explained.

Investor experience

Major contractor representatives of the sector offered comments to energypress on their close cooperation with JinkoSolar, and the fruitful results:

“MYTILINEOS, as one of the world’s biggest energy players in the photovoltaic sector, always relies on the most reliable suppliers in order to incorporate the best technology into its projects, as well as to ensure that equipment will be delivered on time, so that projects can be connected on schedule. As a result, for years now, we have chosen JinkoSolar as one of our strategic suppliers of solar panels for projects all over the world,” explained Nikos Papapetrou, General Manager of the Renewables and Energy Storage division at MYTILINEOS. “In the first quarter of 2021, in a project of symbolic significance for PPC Renewables, as it is the first of a series of projects being developed by the company in [northern Greece’s] the Kozani area as part of the decarbonization effort, MYTILINEOS, following a competitive procedure and significant support from JinkoSolar, managed to emerge as the preferred bidder and develop, in little time, a 15-MW solar energy farm,” he continued.

On the same wavelength, Christina-Natalia Mela, General Manager at Total Erene Hellas, commenting on a 40-MW solar energy farm project in Sidera, Kozani currently being developed by the company as part of its investment plan for Greece, underlined: “The more difficult the supply chain becomes, the more necessary it is to work with reliable suppliers to ensure on-schedule launches of energy parks,” making note of the importance of “JinkoSolar’s successful delivery – amid a difficult period for supply of photovoltaic panels – of all modules within the first half of 2021, which enabled us to make unimpeded progress with all work so that the project can be connected with the network as scheduled.”

JinkoSolar’s reliability factor was also stressed by Christos Petrocheilos, General Manager at Kiefer. “At a time of extremely adverse conditions in the supply of panels, with sharp price increases for raw materials needed for photovoltaic panels, as well as major delivery delays, JinkoSolar has, yet again, proven to be the most reliable supplier, as the company successfully delivered, within the first quarter of 2021, our entire order of 240,000 Tiger bifacial panels,” he noted. “Carrying on from our collaboration for a project in Amfilohia [northwestern Greece], where, in 2020, we installed over 100 MW, JinkoSolar remains our strategic supplier of panels,” Petrocheilos said, referring to Kiefer’s trust, once again, in JinkoSolar for a project in Kozani’s Vathylakkos area, northern Greece, where the company, as EPC Contractor, is developing one of Greece’s biggest solar park clusters, totaling 110 MW, for approximately 100 investors.

“The supplier of PV panels possibly represents the most crucial factor in the development of a solar energy plan, which is the reason why we have chosen JinkoSolar as our strategic supplier,” noted Maria Mitsiolidou, General Manager at Green Line Energy. “Besides the quality of the panels and their technical characteristics, JinkoSolar successfully delivered over 120 MW during a particularly difficult period, a time when punctual delivery of materials and equipment is not at all a given,” she added.

Over the past three years, Green Line Energy has moved ahead with a major investment plan, developing and constructing numerous PV projects at various points around Greece. The company’s portfolio of projects, both completed and prospective, is expected to exceed 600 MW.

Piraeus port, an entry point

JinkoSolar’s collaboration with Cosco and transportation services company Eurocom at Piraeus port has been pivotal, as previously stressed by JinkoSolar’s Mr. Varlamis, for the company to be able to deliver panels to customers in Greece in the shortest possible time, without VAT charges.

Cosco and Eurocom representatives offered related comments to energypress.

Aggelos Karakostas, General Manager at COSCO:

“JinkoSolar is among Cosco’s biggest customers worldwide and we are reinforcing this important relationship through our strategic partnership at Piraeus Port, which JinkoSolar has chosen as the entry point for its solar panels to Europe.

This important relationship offers added value to Greece as the products are cleared through customs in Greece and then transported to other markets.

Piraeus port is the closest European mainland port to China, making the shipping time the shortest possible, while COSCO provides the maximum possible support to JinkoSolar so that solar panel deliveries are made on time.”

Hristoforos Varveris, CEO at Eurocom:

“Eurocom SA, in collaboration with Cosco, has designed innovative procedures facilitating JinkoSolar’s inflow to both the European and Greek markets through certified logistics centers and simplified customs procedures.

The Greek public administration has risen to the occasion, enabling the provision of value-added services at the ports of Piraeus and Thessaloniki, at par, and in many cases, superior in quality to those provided by ports in northern Europe.”

 

 

JinkoSolar PV module prices up 15%, further rises over next 6 months

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Prices of solar energy modules produced by JinkoSolar, one of the largest PV panel manufacturers in the world, have risen by roughly 15 percent in the Chinese market over the past few weeks, Dany Qian, vice president of the China-based producer, has noted in a PV-Magazine interview.

The results of certain key tenders announced recently show a price increase of between 10 and 15 percent, while an even higher increase is being anticipated for upcoming sessions, the deputy chief pointed out in the interview.

The Chinese market is crucial as a solar module price indicator as it brings to the forefront a shortage of raw materials, Qian pointed out.

Increased PV module prices, according to Qian, can be attributed to shortages of module frames and raw materials such as polysilicon, glass and silver, as well as a lack of manufacturing capacity to meet strong demand at present.

Glass and polysilicon producers are making efforts to increase their production capacity, but establishing new factories and production lines will require more time.

Also taking into account the US dollar’s continuing slide, following stimulus measures to ease the pandemic-related hardship, PV panel prices are expected to rise further, Qian noted.

The strong demand, at present, will prompt further PV module price rises for at least another six months, the JinkoSolar deputy projected.

JinkoSolar sole PV firm given top rating for credit quality in Chinese market

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, is the sole PV company to be given the highest AAA rating for credit quality in the Chinese market, the company has announced in a statement.

This highest rating stands as recognition of market quality credit management capabilities and levels of a company, through a comprehensive evaluation of company credit, quality assurance capabilities, market operation capabilities and other
indicators, conducted by the China Association for Quality (CAQ).

With this recognition, JinkoSolar sets a new company milestone and benchmark for the rest of the PV industry in terms of user satisfaction and quality management, it noted in the statement.

Leveraging the company’s leading intelligent manufacturing process and product quality, JinkoSolar has become a highly respected name in the global PV industry, it added.

JinkoSolar has been awarded numerous international quality certifications, and its outstanding reputation has contributed to
positioning Chinese manufacturers as some of the most dominant players in the global PV industry beyond China.

Based on its product innovation, supply stability and a well-established global service network, JinkoSolar has been ranked first in terms of global shipments for four consecutive years.

“We will continue to focus on the R&D of our core technologies, and upgrade and optimize production lines to improve the quality of our PV products,” said Kangping Chen, Chief
Executive Officer of JinkoSolar. “In order to further promote development towards grid parity, we will focus our efforts on product iteration and continue to bring premium quality products to our global customers that will reduce costs and improve system efficiency. In the future, we will continue to assume the responsibility of a leading PV company, bringing to
market more optimized PV products, and strongly support the global transformation to clean and green energy and drive the high-quality development of the global solar industry.”

JinkoSolar 182mm module, offering advantages, the mainstream choice

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The JinkoSolar 182mm module will be the mainstream choice thanks to the advantages in low power loss, better compatibility, cost optimization scheme and better reliability, the company has asserted.  

With the arrival of the photovoltaic comprehensive parity era, how to minimize LCOE becomes the main concern for the PV industry. To some extent, improving the power generation by increasing the size of PV module has become a sort of consensus in PV industry. How can standardized large-size modules reduce the cost of the whole industrial chain in the development process of grid parity or grid at a low price?

Recently, JinkoSolar, Longi and JA Solar jointly held the conference “Customer Value Focused – Advanced PV Technology for Better LCOE” and had an in-depth discussion with industry experts and industrial chain partners. An internal agreement has been achieved in the conference that 182mm modules will achieve more marketing opportunities.

The High Reliability of JinkoSolar 182mm Modules

Through a large number of reliability tests, 182mm modules demonstrated to have a proven high reliability in production process. During process of cost reduction and power promotion, how can 182mm size ensure the module reliability? Leo Yu, Senior Manager of Global Product Management at JinkoSolar CO. Ltd., commented: “The excellent results of 182mm modules under the extended IEC reliability test showed that thanks to 182 modules the entire power plant can maintain a regular operational performance in the period of our warranty, ensuring the PV project profitability.”

JinkoSolar understands that the power plant system has high requirements for module power warranty, which will have a direct impact on the plant revenue. Great module reliability can effectively ensure long-term stable power generation performance and the excellent power warranty of 182mm module can meet the requirement of clients. Leo Yu said: “JinkoSolar ensures 2% degradation for the first year and 0.45% from the second to the thirtieth year. With regards to mechanical loading, working temperature and risk of hot spots, the 182mm module is proved to be a product with a long-life cycle.”

The significant power generation loss reduction of 182mm module

182mm and 210mm modules have been well known in the market as large-size high-power modules. Compared to 210mm panels, 182mm modules can significantly reduce the power generation loss which is also caused by cable loss and operating temperature. As the experts said, the reverse current control will have a great impact on the hot spot temperature of the module. So, the strict quality control will also enable 182mm products s to have long-term excellent reliability.

The guarantee of 182mm module delivery

182mm panel has been proved to have great delivery reliability in terms of the module size and the adaptability during the installation.

For the transportation of 182mm modules, the risk of crack and breakage would be increased with a larger module size. The lodging risk would also be increased during the vertical container transshipment. Module manufacturers did the module reliability test and transportation reliability test after unifying the width of 182mm module as around 1130mm, which is determined by the height of the container door, to ensure that there would be no problem during large batch transportations.

Furthermore, the industry data has pointed out that the container utilization ratio of 182mm module is better than 158/166 module’s. For 182mm modules, the loading capacity in each container could be 10-20% more than the average and the relative capacity could be increased by over 15%. With regards to the installation of 182mm panels, the module size and weight unified by panel manufacturers make the whole installation process of 182mm module possible to be handled by only two workers.

Excellent system compatibility of 182mm module

The compatibility of 182mm modules has gotten a lot of affirmation. Nowadays, many inverter suppliers have already started the volume production of compatible products for 182mm modules. Chris Gan, Solution Technical Director, Smart PV Sales & Services Dept, at Huawei Technologies Co., Ltd., mentioned that: “Huawei Smart PV 196kW inverter, which we launched this year, could be fully adapted to 182mm modules.” Meanwhile, Tiger Zhang, Vice President at Sungrow Renewable Energy SCI.& Tech CO., Ltd. has introduced the group series inverters, centralized inverter and combiner boxes which could match 182mm modules.

Concerning the mounting system, many module mounting suppliers can offer products compatible with 182mm modules. Eric Kuo, Director of Technical Product Management at Nextracker Inc. said: “The situation that mainstream mounting products were designed to match 156&158mm modules has already been changed. Since last year, more and more modules have changed size. As a tracer supplier, we always cooperate with the whole PV industry to do products iteration and update. For example, this time we have already developed a product which could match 182mm panels, but we will be ready to promptly provide the best solutions for new products in the future.” Huang Chunlin, Deputy General Manager of New Energy Engineering Institute at Huadong Engineering Corporation Limited pointed out that the compatibility and the technology of mounting systems for 182mm modules, especially tracker system, are highly reliable in areas with high wind speeds.

Low power cost optimization scheme of 182mm module

182mm module has gradually realized mass production and become the lowest power cost optimization scheme in the market by the advantage of high reliability, high production efficiency, great auxiliary material supply and high power generation.

First of all, the reduction of power generation losses caused by cable loss and working temperature demonstrates the advantages of 182 modules in cost reducing. Leo Yu, Senior Manager of Global Product Management at JinkoSolar, mentioned that “182mm modules can reduce the cable loss by 0.21% compared with 210mm modules. This will have a great impact on the entire power plant. A reduction of 0.21% on cable loss will increase the IRR by 0.15% and reduce the LCOE by 0.21% during operation of power plant. The working temperature of the 210mm module is 6 degrees higher than that of the 182mm module. The resulting power generation loss reached nearly 2%, and this 2% needs to be made up by 0.1 yuan/watt from EPC cost.”

The mounting system cost counts 19% of the EPC costs, which means that a change in mounting system cost will have a great impact on the BOS costs. In the term of tracker cost, the longest length designed by mainstream mounting system manufacturers is about 100 meters. The 182mm module can be connected up to 3 strings on each track and the length is about 96 meters, and the 210mm module cannot achieve that length. The cost of tracker control system with the 182mm modules can be reduced by 0.015 yuan/W compared with the 210 modules, since 210mm module cannot achieve the maximum length which can be supported by the tracker.

Moreover, 182mm modules have also significant advantages in terms of labor and transportation costs. The labor cost is divided into three parts, which are cost of tracks installation, trenching and field leveling costs. By measuring, for 120MW DC project in A class of light resource areas in China, the difference of labor cost between 210mm module and 182mm module is about RMB 800,000. In terms of transportation, compared with 158mm/166mm module, the wattage and utilization rate of each container of 182mm modules is higher, and the average wattage of a single container can be increased by 10%-20%.

In general, as a mature PV product, 182mm module has become the mainstream choice among clients of PV module market thanks to great advantages such as low cable loss, low internal loss and many others.

 

JinkoSolar to supply 204 MW of modules to juwi Hellas for major Kozani unit

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has signed a module supply agreement for a project in Kozani, northern Greece, to be developed by juwi Hellas Renewable Energy Sources S.A., JinkoSolar has announced in a statement.

Construction of the solar park is scheduled to commence in November 2020, and will use 204 MW of Swan bifacial modules with transparent backsheet from DuPont, according to the statement.

Frank Niendorf, General Manager of JinkoSolar Europe, commented: “We are delighted that juwi Hellas, one of the most professional and experienced EPC companies, globally, has once again placed its trust in the superior quality and reliable performance of our solar modules for this impressive new project in Greece. The Kozani project will become Europe’s benchmark for renewable energy in terms of competitively priced and subsidy-free solar power. It is also one of the largest utility scale projects ever built in Europe to use bifacial modules and JinkoSolar is very proud to be a part of such a milestone.”

Dimitris Varlamis, JinkoSolar Head of Sales for South Eastern Europe, noted: “We are proud to contribute to this emblematic project which is by far the biggest solar project in Greece and one of the five largest projects in Europe featuring our high performance bifacial modules.”

Takis Sarris, Managing Director of juwi Hellas, commented: “juwi is launching a new era for PV in Greece, that of utility scale projects that subsidize instead of being subsidized, and bringing clean energy to the Greek consumer at very low prices. We are very proud that we have managed to fully develop such an important project for the country”.

Jinko posts big Q2 increase in module shipments

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Jinko’s module shipments in the second quarter increased significantly compared with the first quarter, despite the negative impact caused by the global pandemic, Q2 2020 financial results just released by the company have shown. 

Strategic Business Updates:

  • Module shipments in the second quarter increased significantly compared with the first quarter, despite the negative impact caused by the global pandemic.
  • Large-area N-Type monocrystalline silicon solar cell reached a record high efficiency of 24.79%.
  • Demand and deployment of large-size modules exceeded expectations. The company recently launched its Tiger Pro N-type large-size module products with maximum power output of up to 610 W.
  • Industry consolidation is accelerating due to increased competition in a challenging economic environment. Module shipments of the top five module manufacturers are expected to account for 65% to 70% of the total shipments in the industry this year.
  • Announced the plan to list the Company’s principal operating subsidiary Jiangxi Jinko on the Shanghai Stock Exchange’s Sci-Tech innovation board, or the STAR Market.

Second Quarter 2020 Operational and Financial Highlights

  • Total solar module shipments were 4,469 megawatts (“MW”), within JinkoSolar’s guidance range of 4.2 GW to 4.5 GW, an increase of 31.0% from 3,411 MW in the first quarter of 2020 and an increase of 32.0% from 3,386 MW in the second quarter of 2019.
  • Solar Products Production Capacity – as of June 30, 2020, the Company’s in-house annual mono wafer, solar cell and solar module production capacity was 20 GW,  11GW (10.2 GW for PERC cells and 800 MW for N type cells) and 25 GW, respectively.
  • Total revenues were RMB8.45 billion (US$1.20 billion), exceeding JinkoSolar’s guidance range of US$1.10 billion to US$1.18 billion; a decrease of 0.4% from the first quarter of 2020 and an increase of 22.2% from the second quarter of 2019.
  • Gross margin was 17.9%, within JinkoSolar’s guidance range of 16.0% to 18.0%, compared with 19.5% in the first quarter of 2020 and 16.5% in the second quarter of 2019.
  • Income from operations was RMB434.7 million (US$61.5 million), compared with RMB732.7 million in the first quarter of 2020 and RMB260.3 million in the second quarter of 2019.
  • Net income attributable to the Company’s ordinary shareholders was RMB318.0 million (US$45.0 million) in the second quarter of 2020, compared with RMB282.4 million in the first quarter of 2020 and RMB125.4 million in the second quarter of 2019.

Operations and Business Outlook

  • Strong market demand is expected to continue until the end of the year. COVID-19 has negatively impacted demand and caused substantial challenges across the supply chain, which is expected to further accelerate market consolidation within the industry. The penetration of large-size modules exceed expectations.

Third Quarter and Full Year 2020 Guidance

  • For the third quarter of 2020, the Company expects total solar module shipments to be in the range of 5.0 GW to 5.3 GW. Total revenue for the third quarter is expected to be in the range of US$1.22 billion to US$1.30 billion. Gross margin for the third quarter is expected to be between 17% and 19%.
  • For full year 2020, the Company estimates total solar module shipments to be in the range of 18 GW to 20 GW.

Solar Products Production Capacity

  • JinkoSolar expects its annual mono wafer, solar cell and solar module production capacity to reach 20 GW, 11 GW (including 800 MW N-type cells) and 30 GW, respectively, by the end of 2020

 

JinkoSolar earns top ranking on Silicon Valley Toxics Coalition scorecard

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JinkoSolar, an innovative global solar module manufacturer, has earned a top ranking as the leading manufacturer in Silicon Valley Toxics Coalition’s latest Solar Scorecard.

JinkoSolar earned a score of 100/100, more than the other 36 module manufacturers in the scorecard, the company announced in a statement.

The scorecard is a resource for consumers, investors, developers, EPCs, distributors, and installers who want to purchase PV modules from responsible product stewards. Scorecard criteria includes environmental, health, and safety metrics.

Silicon Valley Toxics Coalition is a nonprofit organization engaged in research, advocacy and grassroots organizing to promote human health and environmental justice in response to the rapid growth of the high-tech industry.

This JinkoSolar achievement comes a year after the company became the first PV module manufacturer to join the RE100, pledging to power 100% of its operations with renewables by 2025, the company statement noted.

Kangping Chen, Chief Executive Officer of JinkoSolar, commented: “We support SVTC’s goal to ensure that the solar industry does not overlook the importance of equitable environmental and holistic sustainable approaches to all business operations. We hope more of our peers follow our lead, so the solar industry as a whole can become a beacon of sustainable practices.”

Sheila Davis, Executive Director of SVTC, remarked: “We applaud JinkoSolar for its transparency, leadership, and commitment to producing modules in a clean and responsible way. Customers have choices when they make purchases, and we hope that the Solar Scorecard can help them make informed decisions.”

JinkoSolar ranked as top solar brand in debt financed projects

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, was ranked as a top solar brand in debt financed projects and named a most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF), the company announced in a statement.

Forty-nine global solar module manufacturers were ranked based on BNEF’s global survey of key PV stakeholders assessing which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks.

Survey respondents included banks, funds, engineering, procurement, and construction firms (EPCs), independent power producers (IPPs) and technical advisers involved in solar projects around the world.

The survey addressed product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength.

JinkoSolar was considered highly bankable by 100% of the survey respondents.

Further confirming JinkoSolar’s high bankability score, BNEF’s data also shows that projects using JinkoSolar modules have secured more term-loan financing than any other Chinese PV brand ever, the company statement noted.

“As one of the leading solar module manufacturers, we are proud to be recognized once again by BNEF as a most trusted solar brand by customers, investors, and banks all over the world. This is a testament to the outstanding research, stringent quality checks and world records we have set to revolutionize the solar industry with our advanced technology, reliability, and high-quality products,” said Mr. Kangping Chen, CEO of JinkoSolar. “We have invested heavily in R&D over the years and will continue to invest in the quality, proven reliability and long-term performance of our PV modules because we believe this will generate value and better returns for investors.”

JinkoPower, EDF Renewables land UAE PV project, world’s biggest

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JinkoPower and its bidding partner EDF Renewables have been awarded the Al Dhafra Project, the world’s largest standalone Solar Photovoltaic (PV) Plant in Abu Dhabi, United Arab Emirates, JinkoPower has announced in a statement.

A 30-year Power Purchase Agreement was been signed by the consortium this week with Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, the statement noted.

With an expected production capacity of 2 GW, the Al Dhafra Solar PV Project will almost double the size of the approximately 1.2 GW Noor Abu Dhabi solar plant – amongst the largest operational solar PV plants in the world. The Noor Abu Dhabi project, which was awarded to Marubeni Corp and Jinko Consortium in 2017, commenced commercial operations in April 2019.

Once operational, the Al Dhafra Solar PV Project will lift Abu Dhabi’s total solar power generation capacity to approximately 3.2 GW. This will reduce the overall Emirate’s CO2 emissions by more than 3.6 million metric tons per year, which is equivalent to removal of the combustion output of approximately 720,000 vehicles.

In June 2019, EWEC, a part of ADQ, launched a call for tenders. The winning consortium formed by China’s JinkoPower and France’s EDF Renewables submitted the most cost-competitive tariff of USD 1.35 cent per kilowatt-hour on a levelized cost of electricity (LCOE) basis, which is approximately 44% lower than tariff set by Jinko Consortium three years ago on the Noor Abu Dhabi project – Abu Dhabi’s first large-scale solar PV project and a world record tariff-setter at the time.

With the collaborative effort and consensus with the partners, JinkoPower-EDF Renewables is committed to begin the development of the Al Dhafra Solar PV Project by delivering diligently the latest world-class technology and construction methods in order to reach its commissioning by 2022.

Charles Bai, President of Jinko Power International Business, commented: “Jinko, once again, is privileged to take on the unforeseen challenge of building the largest PV generation plant in the world, following our success of Noor Abu Dhabi project. Utmost fairness, transparency, and an attractive environment for investors underpin our long-term desire to keep developing renewable energy projects in Abu Dhabi. The Al Dhafra Solar Project raises the bar for international infrastructure investment and creates the avenue for an elite group of competitions to demonstrate how records can be made. Today Jinko undertakes within our capacity to deliver this technology and construction benchmark in two years to come. We are proud to have the chance to break our own world record and Jinko will diligently execute this project with our partners.”

Speaking about the milestone, Othman Al Ali, Chief Executive Officer of EWEC, said: “We are delighted to work with our partners and sign a PPA with a record-low tariff for solar power. We are working to secure long-term energy supply and reinforce solar power’s integral role in meeting current and future energy needs. Combined with key technological advances, the Al Dhafra Solar PV project will have a significant impact on diversifying the approach to our current electricity supply, and drive our strategic plan to further contribute towards the sector’s transformation in water and electricity production, as we develop a low-carbon grid in the UAE.”

Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable Energies and Chief Executive Officer of EDF Renewables added:

“We are very proud to be awarded the largest solar project in the world at Al Dhafra. This success reflects the quality of our competitive bid submitted to EWEC in Abu Dhabi, in partnership with Jinko Power.

After the Mohammed bin Rashid Al Maktoum Solar Park 1 GWp Phase 3 with DEWA and Masdar as partners, and the implication in the built of the Hatta hydroelectric with storage power plant, near Dubai, this new ambitious project represents a major step forward in EDF group’s renewable energies development in the UAE. These solar projects, along with the Dumat Al Jandal 400 MW wind farm under construction in Saudi Arabia, clearly demonstrate our commitment to actively participate to the energy transition of the Middle East. The region with its great ambitions in low carbon energies is strategic for EDF. Al Dhafra new project greatly contributes to meet the EDF Group’s CAP 2030 strategy, which aims to double its renewable installed energy capacity from 2015 to 2030 worldwide to 50 GW nets.”

JinkoSolar silicon cell breaks solar conversion efficiency record

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that the maximum solar conversion efficiency of its large-area N-type monocrystalline silicon solar cells reached 24.79%, and have set a world record for large-size contact-passivated solar cells. This result was independently confirmed by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.

JinkoSolar’s R&D teams of experts in silicon wafer, solar cells and solar modules have made significant breakthroughs in the field of high efficiency and high power of cells and modules for many years, the company noted.

The record-breaking mono-crystalline silicon solar cell was fabricated on a high quality CZ mono-Si substrate, with a practical size of 267.72cm2, and several advanced technologies have been implemented to achieve this new record of 24.79%, including passivating contact technologies, advanced diffusion system, surface passivation and advanced anti-reflection technologies, and a series of material upgrade were integrated into the cell process. The record-breaking mono-crystalline silicon solar cell will be gradually applied to product production.

“JinkoSolar has reached a key R&D milestone and our commitment towards technological innovation in silicon material, cell fabrication and module processing technologies has led to multiple world records for the efficiency of solar cells and modules. We are very proud to break the world record with advanced large-area N-type cell in the world, and this innovative cell technology also holds the world record for PV module efficiency,” commented Dr. Jin Hao, CTO of JinkoSolar . “We will constantly invest in upgrading technologies to achieve mass production, and to lead the way by providing high efficiency and competitive industrial products for our global customers.”

 

Jinko Tiger Pro series promises major module efficiency boost

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Dimitris Varlamis, Jinko’s head of sales for southeast Europe, elaborates on the advanced technology offered by the Tiger Pro module series.  

Compared to a traditional module, what is unique about Jinko’s Tiger PRO module?

Jinko Tiger Pro series combines some of the most advanced technologies currently available in mass-production to increase module power up to 585Wp480Wp module efficiency above 21.4% based on monocrystalline PERC cells and available in both mono and bifacial versions.

Tiling Ribbon technology eliminates the inter-cell gap and increases the efficiency, together with the half-cut cell design which reduces cell current mismatch and ribbon power losses.

In addition to that, the MBB technology shrinks the distance between the main busbar and the finger grid line which decreases the resistance loss and increases both power output and efficiency especially in low irradiance environment.

The module uses a tiling ribbon solution. What is the difference between that and a shingled module and paving technology?

Shingling is very advanced technology and very similar to TR for the cell overlapping concept. The key difference is that everything is based on the metal glue for the overlap and therefore it’s not really reliable if you don’t have a special structure of the cells, which however makes them not cost-effective. However, Shingling is not the mainstream production process so the cells could be too fragile. You risk the disconnection of the cells. Metal wire is still the most reliable with the standard, mono-PERC high efficiency.

Paving doesn’t really increase the density compared to TR or shingling because cells do not overlap hence that increases complexity in the cell interconnection and there can be shunts or possible damages of the cells.

Tiling ultimately is a light overlap of cells to increase power density which gives the highest possible packing factor for cells into a module, without changing dramatically the module production methods and basis technology. This is the advantage of the Tiger Pro series, using a consolidated, established technology with an add on technology, tiling and multi-busbar, which increase module efficiency and Wp.

The MBB interconnection gives the electrical connection. There is no metal glue that makes the interconnection between cells. The overlap is purely aimed to increase the packing factor of cells into the module. The interconnection is made by the wire and that is still now the most reliable cell interconnection method.

Is the tiling ribbon solution a proven technology? For example, what about its performance in process stability, material reliability and yield?

The mature and reliable mono PERC  HC technology, which was successfully used in Cheetah & Swan series, is used also for Tiger and Tiger Pro series to significantly increase the module power, and to increase module reliability, by mitigating  for instance the hot spot effect significantly compared to the previous full-cell technology.

Materials used for the production are standard module materials and Tiger Pro module is manufactured almost as a normal Half Cell module, except the welding process and TR technology, which flattens the ribbon to ensure reliability at the cell overlapping area.

The cross section of the wire, at the overlap it becomes squeezed and takes this z-like shape, which is the trick that we implemented to reduce the mechanical stress you have on the cells due to the overlap – which could be a crack trigger, but it is solved by the special shape of the wire, to limit the mechanical stress. For reliability that is important.

Jinko has also upgraded the performance warranty for the monofacial series by offering 2% degradation in the first year and a 0.55% linear warranty for the remaining 25 24 years and for the bifacial series by offering 0.45% linear warranty for the remaining 30 years.

Are there any changes in size for the Tiger PRO module? For example, what is the wafer size?

The modules are larger than our previous series because we use larger cells for production, we can’t disclose precise details at the moment but we believe it is the most advantageous  solution for both module performance and compatibility for the optimal PV system integration and profitability.

Tiger Pro module was designed with the support of inverter manufacturers such as Huawei, Sungrow, SMA, Fimer and SolarEdge. Solar trackers providers such as Soltec, Arctech Solar, Nextracker, and Array Technologies also provided input to assure compatibility of their products with Tiger Pro modules and the best possible overall cost structure.

What are the advantages in system cost and LCOE for the Tiger PRO module?How do you calculate cost reduction?

PV projects yield and profitability significantly increase thanks to the reduced LCOE and increased IRR achieved with the higher module efficiency and power density of Tiger Pro modules. In fact the improved low irradiance performance of Tiger series enables an average of 1.57% higher energy generation compared with 5BB module and thanks to the TR technologies. Moreover Tiger Pro series in particular, thanks to its higher efficiency compared to similar power class products available in the market  allows to reduce  by around 2% the BOS cost, saving 1.4% land cost,  1.3% EPC cost, 9% string number, 2% clamps/structure costs therefore reducing further the overall LCOE.

There is also a broad range of adaptive inverters and mounting solutions that enable Tiger Pro panel to realize its full potential to the best; we are able in this way to reduce the LCOE at a very competitive level, making solar power plants much more competitive than in the past. We also reduced the logistics cost for modules transport, which represents about 5% to 7% of its total cost.

What are, besides the use of solar energy, additional benefits for the environment and society of the Tiger PRO module?

The Tiger module has reached 450 (kg eq CO2/kWc) and is currently going through the CFT Certification process; we expect comparable results for the Tiger Pro series.

The high module efficiency allows to use less amount of mounting structure, combiner box and cable, leading to low BOS cost which helps to decrease the LCOE and improve the IRR of PV project, promoting the grid parity in different countries.

Higher efficiency and power density of Tiger effectively enables to optimize the usage of space to generate more clean energy; it can also save up to 8.2% transportation resource, which decrease carbon emission significantly. Finally, the round shaped MBB reflects the light to cell reducing light pollution and glare effect.

What about the ramped production of the Tiger PRO module and its efficiency? What’s your capacity forecast for next year?

As the production processes are roughly the same, we can virtually convert almost all production capacity to Tiger, however it does take some time to convert the stringer machines from 5 BB to MBB.

We are anyway planning at least half annual module production, so roughly 9-10 GW, for Tiger only planning to begin mass-production of the new series in the fourth quarter of this year, but will begin accepting the first orders already from now.

What are Jinko’s target markets for this module?

We developed these products based on our long experience in big power plants out of the necessity to combine the increasing customer demand for higher efficiency and class power modules for both utility scale plants and C&I rooftop installation applications.

Tiger Pro is the upgrade from current mainstream production Cheetah version, allowing also to produce both monofacial and bifacial modules, thus making it suitable for either utility and C&I projects, also compatible with the cutting-edge transparent backsheet technology based on Dupont’s Clear Tedlar film to endow backsheet with excellent corrosion resistance, anti-UV capability and resistance to water vapor permeation. Because of the intrinsic features of the Tedlar, the transparent backsheet is also easier to clean requiring less maintenance.

What about the market response to this new product up till now?

Tiger PRO is still in launch phase so it is too early to assess the market response with precise figures, however the interest from our customers in our current Tiger series is already pretty high and we have already filled the order book with almost 2GW shipments worldwide already, so we expect that our new Tiger Pro version with foster even more the success of this innovative technology taking more market share going ahead thanks to its additional benefits for our customers PV project investments.

Jinko is currently the largest company in the PV industry in terms of module shipments. Could you talk a little about your product development strategy?

All Jinko products are always developed out of the necessity to combine the increasing customer demand for solutions that can effectively increase the IRR and profitability of their PV project investments with the most advanced technology innovations compatible with the current industrial production processes to supply higher performance and class power modules for each specific segment, either large utility scale projects, commercial and industrial installations, rooftop and residential applications.

This is the advantage also of the new Tiger Pro series, which is an upgrade our current mainstream Cheetah product using a mature and reliable technology, with more advanced add-on technology like Tiling-Ribbons and multi-wire, to improve the power density and module performance thus addressing the needs of the market for higher efficiency and higher Wp modules for both commercial and industrial rooftop installation applications.

JinkoSolar most bankable PV module supplier for 2015-2020

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has been confirmed as the most bankable photovoltaic (PV) module supplier to the solar industry for the five-year period covering 2015 to 2020, according to the second quarter (Q2) 2020 release of the PV ModuleTech Bankability Ratings Quarterly report, compiled and released by leading third-party market researchers at PV-Tech.org.

PV-Tech’s unique ratings systems for the PV industry is now seen as the gold standard for utility-scale site developers, investors and owners, in assessing the most bankable PV module suppliers for site selection.

The PV ModuleTech Bankability Ratings analysis ranks PV module suppliers by manufacturing and financial health, yielding an overall bankability rating from zero to 10.

During the five-year period from 2015 to 2020, JinkoSolar is the only PV module supplier to have averaged above 7 in the 0-10 rating system, firmly at the upper end of the AA-Rating band, JinkoSolar noted in a company statement.

JinkoSolar’s bankability rating is also 67% above the average of the leading peer group of module suppliers (top-15-20) that have featured in the A and B grades during the past five years. it noted in the statement.

According to the Q2 2020 release of PV-Tech’s PV ModuleTech Bankability Ratings Quarterly report: “JinkoSolar continues to set the benchmark as a pure-play multi-GW module supplier, by increasing shipments Y/Y while keeping operating margins positive”.

The analysis of JinkoSolar in the report also comments on the company’s successful module supply strategy, with the consistently high ratings being “a clear sign of a strong and stable (and effective) business plan working, and one that can adapt to any regional end-market shocks.”

JinkoSolar modules awarded certification for salt mist corrosion test

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that its innovative Tiger Pro Series of high-efficiency modules received the world’s first IEC 61701 Ed. 3 (FDIS) certification for salt mist
corrosion test issued by TÜV Nord AG, an independent provider of technical services for testing, inspection, certification, consultation and training.

Being the first solar module manufacturer in the world to receive such certification for salt mist corrosion reflects JinkoSolar’s continued investment into R&D, extensive technical capabilities, and highlights the strength and quality of its solar products, the company noted in a statement.

Prolonged exposure to high salt concentrations in coastal regions and offshore
environments affect the operating performance of solar modules and impact the return of the entire system, it noted.

To weather these extreme conditions, solar module components must meet higher standards for salt mist corrosion and reliability under CX (extreme marine) testing conditions to maintain optimum performance for module power output, the statement pointed out.

“As a highly innovative module supplier, we are constantly innovating and improving our high-efficiency products to set standards for the industry going forward,” commented Dr. Hao Jin, Chief Technology Officer of JinkoSolar. “CX testing conditions are closest to reproducing some of the harshest real world environments and were recently applied to IEC 61701 Ed. 3 (FDIS) certification having originally been designed for automobile parts and coating. Receiving certification reflects just how resilient and reliable Tiger Pro modules are in their ability to withstand extreme salt mist corrosion in extreme environments. We will continue to invest in R&D of new technologies to provide our clients with higher-efficiency products that generate long-term sustainable returns, and drive technical innovation that sets new benchmarks for the industry.”

JinkoSolar given ‘top performer’ ranking for 6th successive year

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has been given a Top Performer ranking for the sixth consecutive year in the 2020 PV Module Reliability Scorecard, published by PV Evolution Labs in partnership with DNV GL, the company has announced in a statement.

JinkoSolar is one of only two global manufacturers to have been recognized as a Top Performer every year since 2014, the company noted.

The PV Module Reliability Scorecard ranks PV manufacturers and modules based on their reliability and performance. The PV Module Reliability Scorecard remains the most comprehensive publicly available comparison of PV module reliability test results across the PV industry. Independent testing was carried out by PV Evolution Labs’ Product Qualification Program (PQP) which set higher benchmarks this year when compared with 2019.

Kangping Chen, Chief Executive Officer of JinkoSolar, commented: “We are proud to be recognized for the sixth consecutive year by PVEL for the reliability and performance of our modules.  Being recognized as a Top Performer once again reflects our dedication and commitment to the research and development of high-quality PV products. PVEL set the benchmarks for testing higher this year which was a challenge our R&D teams were able to rise to. I am confident that global demand for our high-quality PV products will only continue to grow as customers increasingly gravitate towards products that offer the highest efficiency, long-term reliability, and best return on their investments. We will continue to devote resources towards driving technological innovation in the solar PV industry and will continue to lead the industry forward by setting new standards.”

JinkoSolar launches 2020 flagship Tiger Pro module series

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JinkoSolar Holding Co., one of the largest and most innovative solar module manufacturers in the world, has announced the official launch of its 2020 flagship Tiger Pro module series.

The Tiger Pro module series, unveiled through a virtual product launch that was in a live broadcast around the world, showcases multiple solar power efficiency innovations across three flagship models.

The module series can generate maximum power output of up to 580Wp, 40 percent higher than current mainstream products installed in utility projects, JinkoSolar noted in a company statement.

All these high energy density modules use innovative multi-wire 9BB and TR tiling ribbon technology to reach significantly improved performance with conversion efficiency up to 21.6 percent, the statement added.

In addition to their unparalleled power generation performance and outstanding output temperature coefficient, other advantages of the Tiger Pro module series include lower power attenuation rate (at 2% for the first year) and better open-circuit voltage, the statement read.

By greatly reducing LCOE compared to traditional modules, the high-efficiency Tiger Pro module series paves the way for investors to generate higher power output. Slated to commence mass production in the third quarter of 2020, the series is expected to lead the development trend of the industry, and become a mainstream choice for utility scale projects.

Kangping Chen, JinkoSolar’s Chief Executive Officer, commented: “We’ve made an enormous leap into the high efficiency era by introducing industry-leading and more competitive products. The global PV market is rapidly moving towards high-performance modules to reduce system costs and initial upfront capital investment, so it was time to consolidate our competitiveness by leveraging our ability to rapidly begin mass producing cutting-edge products. We always modify our designs based on customer feedback and market response because designing high-efficiency products in the lab is one thing, but ramping up to mass production drives the entire industry forward together towards grid parity. With various types of modules, Tiger Pro series enables the construction of more powerful and efficient solar power farms that will bring higher return on investment for projects with larger technical and efficiency requirements. It is expected to lead the next generation of industry standards and drive the PV industry developing into a new chapter.”

JinkoSolar donates one million masks worldwide for coronavirus battle

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, will donate one million face masks and other protective equipment items to several countries severely affected by Covid-19 including Italy, Spain, Germany, France, Britain, Switzerland, South Korea, the Netherlands, Austria, Belgium, Turkey, Portugal and Norway, the company has announced in a statement.

A first batch of 50,000 was packaged and shipped out on March 29 through green passage for export aid equipment under the assistance of local governments, Red Cross and other charity organizations, the statement noted.

This mass donation from JinkoSolar complements its ongoing efforts to support those countries hit by the coronavirus outbreak, it added.

The donations come at a time when governments are struggling to procure enough masks to supply hospitals, health care workers and others in critical and vulnerable professions, the company statement noted.

JinkoSolar said it will deliver these already-prepared one million masks to health care institutions in those epicenter regions in the coming week and would not decline direct requests for aid from hospitals.

This move follows the company’s 12-million RMB (1.54 million euros) donations to China Red Cross in Zhejiang, Jiangxi and Shanghai to set up a special funding to fiscally support medical and health care workers who had been working in the frontier line curing infected patients and saving lives.

 

JinkoSolar wins ‘Top Brand PV Europe Seal 2020’ for 2nd consecutive year

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, was awarded the ‘Top Brand PV Europe Seal 2020’ by internationally recognized research institute EuPD Research for the second consecutive year, the company has announced.

EuPD Research awards Top PV seals based on its Global PV Installer Monitor Survey which compiles the opinions of solar installers from leading solar markets in Europe and around the world.

Solar installers in some of the most important European markets including Germany, Austria, Switzerland, Spain and France participated in the survey where JinkoSolar was identified for its exceptional high-quality products and outstanding customer service.

In addition, JinkoSolar was also awarded ‘Top Brand PV Australia Seal 2020’ for the third consecutive year in Australia. Receiving this award further cements JinkoSolar’s strong reputation and leading market position in Europe and Australia.

Frank Niendorf, General Manager of JinkoSolar Europe, commented: “We are very proud to receive this prestigious award for Europe and Australia for the second and third consecutive year, respectively. This recognition by the downstream partners we work with not only proves JinkoSolar is the preferred brand to work with but also reflects our strong reputation and commitment to our customers as a leading supplier. JinkoSolar’s highly-reliable solar products and customer service have significantly contributed to the steady growth of our customer base across these important markets. Our strategy to innovate and lead the industry by setting standards continues to strengthen our position as the preferred choice across Europe and Australia.”

JinkoSolar breaks record for bifacial modules conversion efficiency

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has achieved maximum conversion efficiency for its bifacial solar modules at 22.49%, a new world record that sets a new industry standard for efficiency of mass produced solar cells, the company has announced.

These results were verified during testing conducted by TÜV Rheinland, an independent provider of technical services for testing, inspection, certification, consultation and training.

JinkoSolar was able to significantly improve efficiency for its mass produced modules by applying newly developed ARC and advanced metallization technologies and proven proprietary technologies to high-efficient cell design. New Tiling Ribbon (TR) technology was also incorporated into the cell design which eliminates any inter-cell gap, ensuring high-efficiency and high-reliability, while significantly improving the module’s appearance. The high-efficiency modules also help reduce the levelized cost of electricity (LCOE) as the industry approaches grid parity globally.

Dr. Jin Hao, Vice President of JinkoSolar, commented: “We are committed to providing high-quality modules that will efficiently and reliably operate under the toughest conditions. This new world record will pave the way for a new round of technological and industry upgrades in module efficiency with JinkoSolar leading the way. Going forward, we will accelerate the application of the latest and most advanced technologies to the mass production of our solar products which will drive an increase in cost-effectiveness and promote grid parity on a global scale.”

 

 

 

JinkoSolar partners with SISP to develop solar cell for space use

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has signed an MOU with Shanghai Institute of Space Power-Sources (SISP) to co-develop high efficiency solar cell technology for both space and terrestrial applications, the company has announced.

Innovators and engineers from both sides will co-develop space-based photovoltaic cells with a more efficient, low-cost, robust silicon wafer as the supporting bottom substrate and bottom cell, the JinkoSolar announcement noted.

This high-efficiency solar technology takes advantage of inexpensive silicon wafers. It is easy to manufacture at large scale and can achieve a higher conversion rate. It has a more robust and rugged design, much lower degradation required for next-generation solar cells in space. Due to its unprecedented efficiencies, it could also be used in other applications like auxiliary power units in vehicles, solar roof tiles, power plants, and smart grid systems. This is an early-stage technology requiring additional development. This partnership between two elite solar companies will fuel much needed development.

This cooperation will not only set a good example of photovoltaic technology space application, but it will also bring new opportunities for Chinese photovoltaic industry to grow and develop abroad.

Dr. Jin Hao, Vice President of JinkoSolar, commented: “The strategic cooperation with Shanghai Institute of Space Power-Sources has a great importance. In the future, we will continue to increase technical cooperation, leading our industry in the name of technical innovation and providing more efficient solar panels with a wider range of choices for global customers.”

 

JinkoSolar signs deal with COSCO for Piraeus port as distribution hub

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has signed an agreement with COSCO (China Ocean Shipping Company) to use the Greek Port of Piraeus as a distribution hub for the shipment of its renewable energy products in Europe, and in particular for Greece, the Balkans and the EMEA region, the company has announced in a statement.

COSCO holds a controlling 51 percent stake in the Piraeus Port Authority, operator of the port.

“The Port of Piraeus is the ideal distribution hub to strategically expand JinkoSolar’s logistics and distribution network in Europe,” said Frank Niendorf, General Manager of JinkoSolar Europe. “This partnership with COSCO will enable us to work very closely with our clients in the region by providing an optimized logistics solution that will not only be reliable, timely but most of all, cost-efficient.”

Xudong Su, Managing Director of COSCO SHIPPING Lines (Greece) commented, “Today’s agreement is an important milestone for COSCO. This partnership reflects the trust JinkoSolar has in our experienced team and operations to provide the highest quality E2E Supply Chain Solutions through the distribution hub in the Port of Piraeus. This is a historic collaboration for both companies as we jointly work to generate long-term sustainable growth.”

 

JinkoSolar supplies 40 MW to Obton for Almelo Project in the Netherlands

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that its affiliate has supplied approximately 40 MW of its ultra-high efficiency Cheetah HC 60 solar modules to Obton, one of the leading global developers and investors of photovoltaic solar energy. These modules were installed in the Almelo project in the Netherlands during the summer of 2019.

Anders Marcus, CEO of Obton, commented: “We are extremely proud of our role in helping the Netherlands transition towards renewable energy. The country is making significant progress towards a greener future and partnering with a globally respected firm such as JinkoSolar will allow us to push the development of solar energy to new heights.”

“We are very pleased to work with Obton, which I believe reflects the trust and confidence they have in us as their key supplier partner,” commented Frank Niendorf, General Manager Europe for JinkoSolar. “Our hero products, Cheetah HC and Cheetah Plus, account for a significant share of the Dutch PV market in 2019 and are helping create new growth opportunities for us next year.”

“Obton was looking for a bankable supplier and first-class products in terms of quality and LCOE for their Almelo project and chose our high efficiency Cheetah HC modules to increase IRR of the project by lowering CAPEX and pushing yield upwards,” added Arda Kristaporyan, Country Manager of Netherlands for JinkoSolar.

JinkoSolar delivers 950 MW of modules for X-ELIO projects in Spain, Mexico

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JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced a 950-MW delivery to X-ELIO, a leading company dedicated to the development, construction and operation of photovoltaic plants, of its ultra-high efficiency Cheetah 72 cells solar modules to be installed at different projects across Spain and Mexico.

Out of the 950 MW to be installed, 575 MW of the PV panels will be used in 12 project sites, namely in Spain, including Ciudad Real, Badajoz, Albacete, Murcia, Almería, Sevilla, Cartagena, Valencia and Segovia, while over 375 MW will be deployed in two different project locations in Mexico, with 118 MW and 257 MW destined for Veracruz and Navojoa, respectively.

“We are very pleased to have gained the trust and confidence of X-ELIO, one of the most professional and experienced developers and investors in the PV industry,” commented Kangping Chen, CEO of JinkoSolar. “Supplying their large-scale pipeline projects in Spain and Mexico with our ultra-high efficiency PERC Mono modules has allowed us to significantly expand our share of the Spanish and Mexican PV markets this year. It has always been our mission to be recognized as the most reliable global module supplier, which is driven by our commitment of delivering high-quality products and exceptional customer service. It is this commitment that allows us to develop deep and long-lasting relationships with respected partners such as X-ELIO.”

X-ELIO, firmly committed to greenhouse gas reduction and the fight against climate change, has built more than 1.6 GW in solar photovoltaic plants and currently has 41 solar plants in operation.

 

JinkoSolar boosts mono wafer production capacity at Sichuan facility

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JinkoSolar, one of the world’s largest and most innovative solar module manufacturers, is expanding its high-efficiency mono wafer production capacity at its production facility in Leshan, Sichuan Province, with an additional 5 GW, the company has announced.

JinkoSolar’s mono wafer production capacity is expected to expand to 18 GW once phase two of the capacity expansion is complete. Full production of the additional 5 GW of production capacity is expected to begin during the second quarter of 2020, it announced.

Phase One of the capacity expansion project began production in the second quarter of 2019 and has already reached full capacity, JinkoSolar noted in the statement.

Kangping Chen, Chief Executive Officer of JinkoSolar, commented: “With this added capacity, we will be ideally positioned to benefit from the growth opportunities that strong demand for high-efficiency mono products are creating. Rapidly expanding capacity for mono products will enhance the overall integration of our production and significantly improve overall profitability going forward.”

Jinko’s high-efficiency Module Tiger ‘placing firm ahead of rivals’

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The arrival of JinkoSolar’s new Tiger module, officially launched at All Energy Australia, has been reviewed well with marked gains in efficiency and overall performance, the company has noted in a statement.

The 460Wp Tiger promises to bring an immense power and performance jump, according to JinkoSolar, whose worldwide market share has grown significantly over the past few years.

Also, its increasing sales per quarter arguably reflect the general improvements to its product line, the company noted.

“We’re only just seeing high-end 430 Wp panels using 166” size wafer filtering out into the world and, yet JinkoSolar has just 460 Wp in production. The overall performance gain differs from 430 watt 166” is expected to become low, compared to 460 WP Tiger. The improvements are said to be about 15% of an improved power gain. When 430 Wp panel 166” wafer is being questioned whether it can find enough customers to justify the investment, 460-watt panel is arriving,” JinkoSolar stated.

Mass production will be ready to proceed by the end of 2019, positioning the company ahead of rivals, JinkoSolar noted.

The company is confident that its most demanding customers will make the move to Tiger mainly because of its high efficiency and high-power class, it added.

JinkoSolar unveils new Tiger Module with Tiling Ribbon Technology

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JinkoSolar, one of the largest and most innovative solar module manufacturers
in the world, officially launched a new high-efficiency Tiger module using 9-busbar Mono PERC and Tiling Ribbon (TR) technology at All-Energy Australia 2019, the company announced.

This event, held in Melbourne, is Australia’s largest national showcase of clean and renewable energy.

Offering module efficiency of 20.78%, the new Tiger module is capable of generating up to 460 Wp of peak power output which is suitable for both utility and rooftop installations, the company stated.

JinkoSolar incorporated Tiling Ribbon technology into the new Tiger module to eliminate the intercell gap and increase efficiency, it noted.

The new Tiger module combines a half-cut cell design to reduce cell current mismatch and ribbon power losses, the statement noted. In addition, 9-Busbar technology shrinks the distance between the main busbar and finger grid line which decreases the resistance loss and increases power output and efficiency, it noted.

“Our new Tiger module delivers significantly higher power output and an easy performance boost that doesn’t require much extra effort for customers to install,” said Kangping Chen, CEO of JinkoSolar. “This is another step forward technologically for JinkoSolar and demonstrates our ability to innovate advanced technologies as we accelerate towards the era of grid parity.”