SYDNEY, December 3, 2021, JinkoSolar Holding Co., Ltd, (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that it has completed shipment of more than 200MW to Blue Sun Group, a well-known wholesaler in Australia. The star performer is JinkoSolar’s 22-percent efficient N-type 166” wafer based module for rooftop market, available in several designs up to 370-watts. Backed by the industry-leading 30-year warranty covering both power output and panel construction, the N-type performance panel delivers long-term reliability with a unique tiling ribbon architecture that outperforms conventional panel yield in real-world conditions such as partial shading and elevated temperatures. The huge success and favorable market feedback of 166” sized N-type module has paved way for the latest N-type version of Tiger Neo series based on 182” wafer in 2022.
"JinkoSolar has made serious gains in Australia’s market in 2021 and particularly has been growing dominance in DG (distributed generation) market, considering the many logistics challenges, in particular the extreme rise in shipping costs,” said Ms. Anta Li, General Manager of JinkoSolar APAC, “With the high-efficient N-type module, JinkoSolar offers unbeatable value to our Australian customers compared to conventional solar technology.” She added “the capacity of partners like Blue Sun Group to manage stock flow is critical in 2021 and beyond, and of course our Aussie installers have played a key role.”
Commenting on the substantial commitment to the market, Blue Sun Group GM Mr Hao Wu shared: “In the face of market challenges, Blue Sun Group made the bold decision to back our installers with increased shipments in 2021. The success of our business this year is of course down to our strategic cooperation with JinkoSolar Australia, and our sub-distributor partners. As one of the largest distributors in the market, we understand the contribution Blue Sun Group can make to supply security, and this is why we are increasing shipments in 2021 to prepare for 2022.”
JinkoSolar’s 54-cell and 60-cell N-type panel, which are marketed towards the residential and commercial market respectively are starting to make a big impact and has been the most deployed panels in Australian rooftop market. Follow their successful introduction, the next Tiger Neo series is expected to gain traction in a significant way, based on which, JinkoSolar and Blue Sun Group are planning to announce further details on 2022 shipments in the coming days, with Tiger Neo panels based on JinkoSolar’s 182mm N type technology to be a core offering within the plan.
Legal Statement
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 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules, as of June 30, 2021.
JinkoSolar has 9 productions facilities globally, 22overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of June 30, 2021.
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:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com