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? JinkoSolar Modules Pass PID Test at 65 Degrees Celsius SHANGHAI, Aug. 6, 2012 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that the Company's modules passed potential induced degradation (PID) testing conducted by TUV-SUD and the Canadian Standards Association(CSA). During the testing period, solar modules were exposed to 1,000 volts of negative socket voltage under the condition of 65 degrees Celsius/85% relative humidity. In order to pass this extreme test, the maximum degradation of power output between initial and final measurement should not exceed 5%. Tested Jinko modules have successfully passed the stringent requirements set by TUV-SUD and the CSA to be PID resistant. While being exposed to hot and humid conditions, hundreds of volts can accumulate between the solar cell and the module frame affecting the power output of the entire solar system. This can lead to potential induced degradation (PID) in a module, resulting in power losses of up to 50%. The PID test conducted by TUV-SUD and the CSA underscores the importance of being PID certified and the effect it has on the life of JinkoSolar products. "JinkoSolar has become one of the few companies with modules that have successfully passed TUV-SUD and the CSA's high-level tests under the condition of 65 degrees Celsius/85% relative humidity. I am very delighted to see this happen since it is a manifestation of the relentless efforts of all Jinko employees," said Kangping Chen, CEO of JinkoSolar. "Our customers are increasingly aware of the importance PID plays in the quality of solar modules. PID resistance not only ensures a high power output, but also improves the safety of our solar modules. This is another demonstration of JinkoSolar's high product quality and reliability, especially under extreme outdoor conditions," JinkoSolar's Chief Marketing Officer Arturo Herrero added.
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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 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.
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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:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@hyxd168.com
