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JinkoSolar's High-efficiency N-Type Monocrystalline Silicon Solar Cell Sets Our New Record with Maximum Conversion Efficiency of 26.4%

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JinkoSolar has achieved a significant milestone by setting a new record for solar conversion efficiency at 26.4% with its 182 mm N-type monocrystalline silicon solar cell. This breakthrough, verified by the National Institute of Metrology in China, surpasses their previous record of 26.1%. The Company attributes this success to its dedicated R&D team and innovative technologies. Dr. Jin Hao, CTO, expressed confidence in continued advancements in efficiency and cost-effectiveness, contributing to the clean energy transition.

Positive
  • Achieved a record solar conversion efficiency of 26.4%, enhancing competitive positioning in the solar market.
  • Demonstrated rapid advancement in R&D capabilities with only two months between record achievements.
  • Commitment to further efficiency improvements and cost reductions, indicating potential for future growth.
Negative
  • None.

SHANGRAO, China, Dec. 12, 2022 /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 achieved a major technical breakthrough for its 182 mm high-efficiency N-type monocrystalline silicon solar cell. JinkoSolar has once again set a new record, achieving a maximum solar conversion efficiency of 26.4% for its 182 mm and above large-size monocrystalline silicon TOPCon solar cell. This result has been independently confirmed by the National Institute of Metrology, China ("NIM").

JinkoSolar has built a globally competitive R&D team focused on advancing PV technology innovation and developing reliable implementation solutions. Through unremitting technical research efforts, the R&D team has developed bulk defect passivation technology, novel structure polysilicon contact, metal-silicon interface recombination restraint technology and other advanced technologies applicable to large-size solar cells to achieve a conversion efficiency of 26.4%, breaking the Company's previous record of 26.1% set in October.

Dr. Jin Hao, CTO of Jinko Solar Co., Ltd. commented, "We are proud to have achieved another major breakthrough in the conversion efficiency of N-type TOPCon cells after just two months, once again laying down an important milestone in our N-type technology innovation efforts. Every breakthrough in laboratory efficiency further lays the foundation for our large-scale mass production. Based on our clear roadmap for further efficiency improvements and cost reductions, we are confident that we will continue to deliver increasingly efficient, reliable and cost-effective products and services to our customers, and we remain dedicated to leading the industry to achieve the goal of clean energy transition."

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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar has 14 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, UAE, and Denmark, and global sales teams in China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of September 30, 2022.

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

Cision View original content:https://www.prnewswire.com/news-releases/jinkosolars-high-efficiency-n-type-monocrystalline-silicon-solar-cell-sets-our-new-record-with-maximum-conversion-efficiency-of-26-4-301700102.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What is JinkoSolar's new record for solar conversion efficiency as of December 2022?

JinkoSolar achieved a maximum solar conversion efficiency of 26.4% for its N-type monocrystalline silicon solar cell.

Who verified JinkoSolar's solar cell efficiency record?

The new record was independently confirmed by the National Institute of Metrology in China.

How does the new solar efficiency record compare to previous achievements?

The latest efficiency of 26.4% surpasses the previous record of 26.1% set by JinkoSolar in October.

What technologies contributed to JinkoSolar's efficiency improvements?

JinkoSolar utilized advanced technologies such as bulk defect passivation and metal-silicon interface recombination restraint.

What does JinkoSolar's CTO say about the efficiency advancements?

Dr. Jin Hao emphasized the breakthrough as a significant milestone and expressed confidence in future improvements.

JINKOSOLAR HOLDINGS CO

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