SHANGRAO, China, May 31, 2021 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, today announced that the maximum solar conversion
efficiency of its large-area N-type monocrystalline silicon solar
cells reached 25.25%, setting a new world record for large-size
contact-passivated solar cells. This result has been independently
confirmed by the National Institute of Metrology, China ("NIM"). It is the third time that
JinkoSolar has broken this world record since July 2020.
JinkoSolar continues to solidify its reputation in R&D and
has made industry-leading iterations in silicon wafers, solar cells
and solar modules over the years. Material upgrades integrated into
the cell process and fabrication on a practical size of
267.4cm2 of high quality monocrystalline Czochralski
(CZ) silicon substrates allowed the Company to achieve 25.25% cell
efficiency. To achieve this extremely high solar cell efficiency
using ultra-thin polysilicon, several advanced technologies have
been implemented including JinkoSolar's high quality N-type wafer,
passivating contact technologies, advanced diffusion system,
surface passivation, metallization of crystalline solar cells and
other innovative technologies. This major breakthrough has not only
increased the solar cell's energy conversion efficiency, but has
also paved the way for the Company's mass production of N-type
TopCon cells.
Mr. Limin Xiong, Researcher of
NIM, commented, "As China's highest research facility of
measurement science, and CNAS Capability Verification provider for
solar cells and modules in Electrical Parameter Testing, NIM is
committed to providing consistent, accurate and reliable data for
scientific and technological progress. At present, it has accounted
for 80% market share in third-party calibration services for
standard solar cells and innovative solar cells (including
perovskite cells). China aims to
reach carbon emissions peak before 2030 and achieve carbon
neutrality by 2060, so the PV industry has been gearing up for even
faster growth with LCOE and solar cell efficiency being the most
important factors. I am glad to witness this new world record, and
our teams will continue to cooperate and contribute to the industry
through R&D."
Dr. Hao Jin, Chief Technology Officer of JinkoSolar Co., Ltd.,
commented, "We are very proud to have set three world records for
the most advanced large-area N-type cell in the world in less than
one year. Maximum cell conversion efficiency improved from
24.79%, to 24.9%, and now to 25.25%, with the latest breakthrough
acknowledged by NIM. Each milestone has been a global recognition
of our world-class R&D capabilities for which I'm very grateful
to our talented R&D team. All the R&D we have invested in
has been to further our goals of improving cell and module
efficiency and lowering costs. As an industry leader with multiple
awards, we are committed to promoting a carbon neutral future based
on technology upgrades that will accelerate mass production of
competitive industrial products, and provide global customers with
more efficient, reliable and clean products."
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 22 GW for mono wafers,
11 GW for solar cells, and 31 GW for solar modules, as of
December 31, 2020.
JinkoSolar has 9 productions facilities globally, 23 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United
States, Mexico,
Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in
China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi
Arabia, Tunisia,
Morocco, Kenya, South
Africa, Costa Rica,
Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri
Lanka, Thailand,
Vietnam, Poland and Argentina, as of December 31, 2020.
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.