JinkoSolar Modules Demonstrate Consistent High Performance in PHOTON Laboratory Tests
Results indicate strong long-term performance potential
SHANGHAI, April 25, 2012 /PRNewswire-Asia/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, today announced that its mono- and multicrystalline solar modules achieved high yield performance results in PHOTON Laboratory's January 2012 outdoor field tests. New measurements resulted in exceptionally high power output, adding to a trend of strong long-term performance for the company's industry-leading line of products.
JinkoSolar's two monocrystalline modules have shown notably high performance ratio and power yields since testing began in July 2011. In January 2012, the company added its multicrystalline module to the test lineup, and achieved the highest unit power yield for its 235P modules tested for the month at 33.1 kWh/kW.
The PHOTON Laboratory performs monthly outdoor tests on more than 130 solar module types from 90 manufacturers around the world to measure performance in real-world conditions. The field tests measure the yield for each module to determine the exact amount of kilowatt-hours per kilowatt of installed power that flows from the PV system to the inverter. The tests also determine the performance ratio, a measurement of output capacity in real world settings as indicated by actual performance compared to targeted performance.
"This independent assessment of strong, consistent module performance demonstrates that our technology delivers the long-term results that global customers have come to expect," said Kangping Chen, CEO of JinkoSolar. "These results further validate the high quality of our solar solutions, along with our growing list of globally recognized certifications. IMS Research Institute also ranked JinkoSolar as one of the top 6 crystalline PV manufacturers in their latest report," added Chen.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing, vertically integrated solar power product manufacturer with operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Singapore, Munich, Germany, San Francisco, U.S., Queensland, Australia, Ontario, Canada, Bologna, Italy, Montpellier, France and Zug, Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2GW each for silicon ingots, wafers, solar cells and solar modules as of September 30, 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market; including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
Safe Harbor Statement
This press release may contain 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," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on Form 20-F for the fiscal year ended December 31, 2011 filed with the Securities and Exchange Commission on April 18, 2011. All information provided in this press release is as of April 25, 2012. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.