SHANGRAO, China,
April 19,
2024 /PRNewswire/ -- 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 it has been recognized as a Tier 1
energy storage provider by Bloomberg New Energy Finance (BNEF) due
to its outstanding products and capabilities in energy storage.
The BNEF tiering system for battery cell makers and system
integrators is based on the number of projects above 1 megawatt or
1 megawatt-hour to which a supplier has provided batteries and/or
energy storage systems in the last two years. Bankability is a
critical element in BNEF's evaluation of projects as each project
should be financed by a third-party for 50% or more of its total
cost.
JinkoSolar's energy storage product line covers various
application scenarios, including utility projects, commercial and
industrial applications, and residential energy storage systems.
The newly released 5MWh large-scale energy storage system SunTera
G2 adopts an upgraded high-capacity LFP battery with energy density
increased by 46% and a cycle life of over 10,000 times,
significantly extending the product's service life. Noise is
controlled within 75db, which greatly reduces the impact of the
energy storage system on the surrounding environment while in use.
Furthermore, JinkoSolar has enhanced system efficiency and product
safety and reliability through innovative designs such as liquid
cooling technology and multi-level fire protection.
"We have always been committed to providing safe and reliable
energy storage solutions and are highly valued by customers for
timely delivery and effective deployment capabilities. Our system
undergoes rigorous selection, optimal design, and precision
manufacturing, resulting in outstanding cycle life and reliability.
Over 270 internal tests simulating various hazardous situations and
long-term working conditions ensure the durability and performance
of our products. Multi-level safety protection designs, from
material optimization to product design, manufacturing, and
after-sales service, guarantee system integrity and effectively
reduce safety risks," commented Ms. Dany
Qian, Vice President of JinkoSolar.
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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had 14 productions facilities globally, 26 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Canada, Malaysia, the United
Arab Emirates, Denmark,
Indonesia, Nigeria and Saudi
Arabia, and a global sales network with sales teams in
China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan,
the United Arab Emirates,
Netherlands, Vietnam and India, as of December
31, 2023.
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. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.