JinkoSolar Announces New PV Module Series with Integrated Single-Chip Electronic Optimization
SHANGHAI – September 10, 2015 - JinkoSolar Holding Co., Ltd. (“JinkoSolar” or “the Company”), a global leader in the photovoltaic (PV) industry, today announced the official launch of the JinkoMX module series, incorporating a single chip optimizer from Maxim Integrated Products, Inc. (“Maxim”).
JinkoSolar has completed UL certification for this module series, which will generate more electricity than standard modules under most non-ideal real world conditions. JinkoSolar is the first PV module manufacturer offering mass production of this technology for the US solar market. JinkoSolar integrated optimizers into the module’s junction box, thereby performing maximum power point tracking (MPPT) separately on each cell string. The distributed MPPT architecture affords improved tolerance to soiling and shading, enabling denser system designs in rooftop and ground-mount systems. Because the optimizers are embedded in the junction box and use no additional hardware, there is no operational or installation labor impact, making the cost lower than previous electronically optimized solutions.
“We are proud to debut this product with JinkoSolar as our two companies strongly believe in a bright future for solar energy anchored by technology innovation, performance and reliability,” said Mr. Seth Kahn, Executive Director, Solar Products, Maxim.
“We pride ourselves in giving customers the best tools to compete in the solar market,” said Nigel Cockroft, Mr. General Manager of JinkoSolar (U.S.) Inc. “JinkoSolar has earned a reputation as a solution-oriented PV manufacturer in the US market. We believe that the JinkoMX module is another example of the company’s commitment to bringing beneficial solutions to US customers and enables higher yield, longer lasting PV systems.”
About JinkoSolar Holding Co., Ltd
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 3 GW for silicon ingots and wafers, 2.5 GW for solar cells, and 4 GW for solar modules, as of June 30, 2015. JinkoSolar also sells electricity in China, and has connected approximately 725 MW of solar power projects to the grid, as of June 30, 2015.
JinkoSolar has over 15,000 employees across its 5 productions facilities in Jiangxi and Zhejiang Provinces, China, Malaysia, Portugal and South Africa, 13 global sales offices in China, Spain, the United Kingdom, the United Arab Emirates, Jordan, Saudi Arabia, Egypt, Morocco, Kenya, Ghana, Brazil, Costa Rica and Mexico and 11 oversea subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile.
About Maxim Integrated Products, Inc.
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.
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