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JinkoSolar Holding Co., Ltd. reports developments tied to its photovoltaic manufacturing business and its NYSE-listed American depositary shares. The company operates across the solar product value chain, with silicon wafers, solar cells and solar modules sold under the JinkoSolar brand, including Tiger Neo modules. Its updates also cover energy storage systems and integrated solar-plus-storage solutions for utility, commercial and residential customers across international markets.
Recurring news themes include quarterly and annual financial results, module shipment trends, overseas market demand, photovoltaic product pricing, technology updates involving N-type TOPCon and perovskite tandem solar cells, U.S. manufacturing and supply-chain activity, and disclosures from its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd., also referred to as Jiangxi Jinko.
JinkoSolar plans to release its financial results for Q4 and full year 2020 on April 9, 2021, before U.S. market open. Management will hold an earnings conference call that same day at 8:00 a.m. Eastern Time. Participants can join via dial-in numbers provided for international and U.S. callers, with a passcode required. A replay will be available two hours post-call through April 16, 2021. JinkoSolar, a leading solar module manufacturer, has a substantial global presence and a vertically integrated production capacity.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) has been recognized as an "Overall High Achiever" in the 2020 PV Module Index Report by the Renewable Energy Testing Center (RETC). This accolade highlights JinkoSolar's superior performance in reliability, performance, and quality, following rigorous testing procedures. Out of 17 evaluated manufacturers, JinkoSolar's modules excelled in LID, DH2000, PID, Pan File, and Thresher tests, reinforcing its commitment to high-quality solar solutions. This acknowledgment enhances JinkoSolar's reputation in the global solar market, reassuring customers of its product excellence.
On March 8, 2021, JinkoSolar (NYSE: JKS) announced that its R&D Center module laboratory achieved satisfactory results in the national assessment of PV Modules Testing Accuracy. Conducted by the National Institute of Metrology, China, the laboratory excelled in all test categories, earning the 'Qualified Laboratory Certificate.' The company aims to enhance collaboration with authoritative institutions to foster the PV industry's high-quality development. JinkoSolar continues to lead in technological innovation, reflecting its commitment to delivering high-quality products.
JinkoSolar (NYSE: JKS) has become the first international solar company to sign the Global Framework Principles for Decarbonizing Heavy Industry, aimed at promoting clean energy in the heavy industry sector, a significant contributor to global emissions. Vice President Dany Qian emphasized the importance of renewable energy in this transition. The press release also highlights the role of governments in sustainable recovery programs and calls for collaborative actions to accelerate decarbonization. JinkoSolar aims to provide innovative clean energy solutions to facilitate this shift.
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JinkoSolar (NYSE: JKS) plans to sign a strategic cooperation agreement with Tongwei Co., Ltd. to invest in a high-purity crystalline silicon project with an annual capacity of 45,000 metric tons and a silicon wafer project with a 15GW annual capacity. JinkoSolar will hold a 35% stake in the silicon project, while Tongwei will have a 30% stake in the wafer project. This partnership aims to enhance resource integration in the solar industry and ensure competitive pricing in production. JinkoSolar will also supply Tongwei with approximately 6.5GW of wafer products over three years.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced a significant solar glass procurement contract with Flat Glass Group Co. Ltd. on February 18, 2021. This agreement secures approximately 338 million square meters of glass to support the manufacturing of 59GW of high-efficiency solar modules over three years (2021-2023). This contract aims to stabilize supply amid rising demand and enhance the company’s supply chain management, ensuring reliable solar product availability.
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JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced the completion of its at-the-market offering, selling 1,494,068 American depositary shares (ADS) and raising US$98.25 million after expenses. The offering was part of a US$100 million program aimed at strengthening its financial position. JinkoSolar, a leading solar module manufacturer, maintains a robust global presence with production capabilities of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules as of September 2020.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that all shareholder resolutions from its 2020 annual general meeting were approved. Key resolutions included the re-election of directors Yingqiu Liu, Wing Keong Siew, and Haiyun (Charlie) Cao, as well as the ratification of PricewaterhouseCoopers Zhong Tian LLP as auditors for 2020. Shareholders also authorized directors to set auditor remuneration and necessary actions for these resolutions. JinkoSolar remains a leading solar module manufacturer with a significant global footprint and impressive production capacity as of September 30, 2020.