Jinko Solar-动态详情

Recently, Jinko ESS, a global leading energy storage solutions provider announced that it has signed a cooperation agreement with JinYeZi Co., Ltd. for a total of 100MWh. The two parties will collaborate comprehensively in areas such as product services, market promotion, and equity cooperation, with the goal of advancing commercial and industrial energy storage projects. This agreement follows the recent signing of an energy storage system supply contract and represents a further step towards joint efforts based on market demand and policy opportunities.

Powerful Partnership to Seize New Opportunities in the Energy Storage Market

In recent years, various regions have introduced policies to support the development of the energy storage industry. However, JinYeZi has long been deeply involved in the clean energy sector. In addition to its investments in photovoltaics, the company is also the largest cleaning and operation & maintenance service provider for local distributed photovoltaic projects. JinYeZi provides innovative services such as "clean energy, green materials, and one-stop green energy optimization," optimizing resource allocation through business collaboration to improve overall profitability and continuously enhance core functions and competitiveness. Based on this background, Jinko ESS and JinYeZi are leveraging their respective resource advantages to engage in multifaceted cooperation around energy storage project implementation.

The two parties will share resources related to energy storage project development, including channels, investors, and financial institutions, and jointly promote JinkoESS’s product solutions to the market. Additionally, the two companies will collaborate on technological research and development and equity cooperation to accelerate market expansion.

As a global leader in renewable energy solutions, Jinko, with its advanced technology and high-quality products, has become the preferred partner for many companies. Mr. Enfa Chen, the head of JinYeZi Co., Ltd., stated: "JinYezi chose Jinko ESS's energy storage products mainly due to Jinko's brand influence, product performance, and outstanding after-sales service, which can effectively meet the enterprise's multi-faceted demands for safety, economic benefits, and intelligent management."

Efficient Energy Storage Solutions to Maximize Benefits

Driven by time-of-use electricity pricing policies, the commercial and industrial energy storage market is ushering in new development opportunities. Previously, Jinko ESS and JinYeZi signed an order for 30 units of the SunGiga C&I Energy Storage Systems, totaling 6.45MWh. This collaboration will help companies achieve peak-valley arbitrage through intelligent electricity strategies, significantly improving overall economic efficiency.

The SunGiga C&I Energy Storage System, with its efficient liquid cooling design and intelligent thermal management strategy, effectively controls temperature differences within the system, improving battery performance and stability. This increases the available battery capacity by more than 10% and raises the Round-Trip Efficiency (RTE) by 2%. Additionally, the system's intelligent variable frequency control strategy and multiple control modes further reduce auxiliary power consumption.

In terms of safety, the SunGiga C&I Energy Storage System provides multi-layered safety protection from the battery to the electrical and system levels, and integrates Jinko Energy Storage's big data cloud platform for 24/7 real-time monitoring. The cloud platform offers multi-dimensional data analysis functions and, in conjunction with cloud-based intelligent operation and maintenance services, ensures the system operates efficiently and stably. It can promptly detect and resolve potential issues, providing users with worry-free, long-lasting energy storage protection.

Mr. Huzi Duan, the Head of Jinko ESS China, stated: "Jinko ESS will continue to enhance the technical standards and product advantages of energy storage systems. Through innovation, we aim to provide more customers with efficient clean energy solutions and contribute to the high-quality development of the commercial and industrial energy storage market."

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Legal Statement

About JinkoSolar Holding Co., Ltd.

Jinko Solar Co., Ltd. (the “Company”, or “Jinko Solar”) (SSE: 688223) is one of the most famous and innovative solar technology companies in the world. Its business covers the core links of the photovoltaic industry chain, focusing on the R&D of integrated photovoltaic products and integrated clean energy solutions. At present, Jinko Solar's products serve more than 3,000 customers in more than 160 countries and regions around the world, and the company has ranked No.1 in global module shipments from 2016 to 2019. By the end of Q1,2023, the cumulative module shipments of Jinko Solar have exceeded 150GW. Jinko Solar is an industry opinion leader under various international frameworks such as B20, and it is also one of the first solar energy companies to join the RE100 green initiative.

Jinko Solar is the first company to establish a "vertically integrated" production capacity from silicon material processing to wafer, cell and module production in the industry. It has a total of 14 global production bases in China, the United States, Malaysia and Vietnam. JinkoSolar expects its annual production capacity for mono wafer, solar cell and solar module to reach 75.0 GW, 75.0 GW and 90.0 GW, respectively, by the end of 2023. Jinko Solar has more than 1,000 R&D and technical employees and has won many honors such as "National Enterprise Technology Center", "National Technology Innovation Demonstration Enterprise", "Champion of Manufacturing ", and has formulated many international and domestic industry standards such as IEC. Jinko Solar continuously expands the diversified application scenarios of photovoltaic technology, including building-integrated photovoltaic, photovoltaic hydrogen production, energy storage and other fields, and strives to create a new energy ecosystem.

Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.

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

100MWh Contract Signed, Jinko Energy Storage and JinYeZi Continue to Deepen Commercial and Industrial Energy Storage Cooperation

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