JinkoSolar Partners with Enphase Energy to Create Plug and Play AC Module
SHANGHAI - September 05, 2017 - JinkoSolar Holding Co., Ltd. (“JinkoSolar”), a global leader in the photovoltaic (PV) industry, today announced its new Eagle AC, an integrated product featuring JinkoSolar’s high efficiency monocrystalline PERC PV module and the IQ6 Microinvter fromEnphase Energy Inc. (NASDAQ:ENPH) (“Enphase”)
By integrating the Enphase IQ6 Microinverter onto the backsheet of its PV module, JinkoSolar presents residential installers with a valuable proposition. The Eagle AC simplifies logistics, as installers no longer need to stock, transport, carry, and install separate microinverters onto the roof, which significantly reduces installation time. Once installed on the roof, the installer simply pulls the microinverter into its elevated installed position, which creates a 15 millimeter air gap and ensures sufficient air-flow and cooling. The partnership provides a complete AC solution for a safe solar installation. Customers can also monitor the Eagle AC’s performance through Enphase’s Enlighten app.
“We are excited to work with Enphase on the Eagle AC, as Enphase’s microinverters already have broad appeal in the market,” said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. “The Eagle AC is the logical next step in the evolution of residential solar, and we are pleased to offer it to our customers. More information about the Eagle AC can be provided at JinkoSolar’s booth #3965 during Solar Power International.”
“JinkoSolar’s scale, financial strength, and manufacturing expertise make it an excellent partner to build an Enphase Energized™ AC module,” said Badri Kothandaraman, Enphase Chief Operating Officer, “Pairing the #1 global module manufacturer with the #1 global microinverter manufacturer creates a winning combination.”
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 5.0 GW for silicon ingots and wafers, 4.0 GW for solar cells, and 6.5 GW for solar modules, as of March 31, 2017.
JinkoSolar has over 15,000 employees across its 8 productions facilities in China(5), Malaysia, Portugal and South Africa, 15 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa, and 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world’s only truly integrated solar plus storage solution. Enphase has shipped more than 15 million microinverters, and more than 661,000 Enphase systems have been deployed in more than 100 countries. Visit www.enphase.com for more information.
Enphase Energy®, the Enphase logo and other trademarks or services names are the trademarks of Enphase Energy, Inc.
This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, release dates for new products, market demands for its products, and advantages of its technology and market trends. These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest Securities and Exchange Commission filings and reports. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
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