SHANGRAO, China, Sept. 14,
2020 /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 it has supplied Trung Nam Group with
611MW of Tiger bifacial transparent backsheet modules, which were
installed at the Thuan Nam solar power plant project in
Vietnam.
Located in Thuan Nam, the Thuan Nam solar power plant project is
one of the largest solar power projects by capacity that are using
bifacial modules in both Vietnam
and Southeast Asia. The Tiger
series modules utilize half-cell technology and incorporated Tiling
Ribbon (TR) technology into the cell design to improve shading
tolerance and eliminate any inter-cell gap to ensure high
reliability and high efficiency. Tiger bifacial modules with
transparent backsheet technology are able to generate higher power
compared with conventional modules and reduce the levelized
cost of electricity (LCOE). Apart from these competitive
advantages, the Tiger 163mm wafer size modules are able to generate
20W-25W more power than the 166mm modules and save more on Balance
of System (BOS) cost. Tiger modules are also suitable for projects
with land scarcity challenges as they are smaller in size compared
with 166mm modules. In addition, the Tiger bifacial transparent
backsheet modules are about the same weight as mono-facial modules
and are much lighter than conventional bifacial modules, which will
help to save on logistics and labor costs for installation.
Mr. Nguyen Tam Tien, General
Director of Trung Nam Group, one of the early and large-scale
renewable energy developers in Vietnam, commented, "After a comprehensive
project evaluation, we found that Tiger bifacial transparent
backsheet modules suit our project best because these
high-efficiency modules generate more power than conventional
modules and are resistant to humidity in this climate. JinkoSolar's
module technology is best able to maximize the IRR for a solar
power project of this magnitude."
Mr. Kangping Chen, Chief Executive Officer
of JinkoSolar, commented, "Unlocking the potential of clean
energy through large-scale solar deployment will make solar energy
more affordable in Vietnam and
help drive economic development. Vietnam is the largest market for utility
scale projects in Southeast Asia
and we are very proud to be the chosen supplier for this large PV
project. With intensive growth in population density and
competition for space, solar modules have to be highly efficient
and durable under environmental conditions. We believe the
ultra-high performance and reliability of our Tiger bifacial
transparent backsheet modules that are designed to reduce system
costs and drive lower LCOE will continue to bring the highest
IRR for investors as Vietnam
continues to support renewable energy and move towards grid
parity."
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 17.5 GW for mono
wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of
March 31, 2020.
JinkoSolar has 7 productions facilities globally, and 14
overseas subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United
States, Mexico,
Brazil, Chile and Australia, 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.
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. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
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SOURCE JinkoSolar Holding Co., Ltd.