Tag Archives: ECP

Trina Solar and Tongwei Group Complete Joint Venture to Upgrade 210 Integrated Industrial Chain

CHANGZHOU, China, Nov. 19, 2020 — On November 17, 2020, Trina Solar, a leading global PV and smart energy solution provider, announced a joint venture agreement with global photovoltaic giant Tongwei.

The latest agreement will see Trina Solar collaborate with Tongwei subsidiary Sichuan Yongxiang Co., Ltd, to upgrade their 210 industrial series modules that will help secure a stronger supply chain ecosystem going forward.

Gao Jifan, Chairman of Trina Solar, said: "Joint ventures and cooperation among strong players, who complement each other as well as Trina Solar and Tongwei Group do, will always create great advantages."

The partnership will see the two enterprises work together on four key project areas. The first includes a high-purity crystalline silicon project with an annual output of 40,000 tons, as well as an ingot project expected to produce an annual output of 15GW. There will be a wafer-cutting project with an annual output of 15GW, and a high-efficiency crystalline silicon cell project, also with an annual output of 15GW.

Total investment in the venture is estimated to be worth US$ 2.3 billion, with Trina Solar gaining a shareholding ratio of 35%, and the total registered capital contribution has been set at US$ 32 million.

Wu Qun, secretary of the board of directors of Trina Solar, said these major project investments are a key part of Trina Solar’s strategic development plan going forward.

"Trina Solar and Tongwei both have outstanding advantages in their roles for the industrial chain. They have reached a consensus on 210 series modules, and this cooperation will further strengthen our strategic partnership. Through the joint efforts of all industry partners, the 210-product industry chain has matured, and is now more conducive for deeper integration."

By the end of 2021, Trina Solar plans to have a photovoltaic module production capacity of no less than 50GW, most of which will be at 210 module production capacities. In the future, the company will continue to strengthen its scale advantages of advanced module production capacity based on large-size cells.

As part of the agreement, Trina Solar will purchase approx. 72,000 tons of polysilicon products between January 2021 and December 2023 from a number of Tongwei Group subsidiaries including Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High Purity Crystal Silicon Co., Ltd., and Yunnan Tongwei High Purity Crystal Silicon Co.

Ms. Chen Ye, Assistant Vice President of Procurement Supply Chain Management of Trina Solar, said: "Trina Solar and Tongwei have an excellent relationship and we are very pleased to deepen this cooperation further."

"This long-term procurement will facilitate timely and effective responses to changes in the market, ensuring the long-term stability of Trina Solar’s supply chain, and will provide strong support for the production capacity of Vertex Series 210 ultra-high-power modules."

Trina Solar’s collaboration with Tongwei Group follows the signing of further procurement deals by the company in recent weeks.

On November 2, Trina Solar signed a 20GW silicon wafer procurement contract with Wuxi Shangji Automation Co., Ltd., and on November 15 signed an 85 million square meter photovoltaic glass procurement contract with Changzhou Almaden Co., Ltd.

About Trina Solar 

Founded in 1997, Trina Solar is the world leading PV and smart energy total solution provider. The company engages in PV products R&D, manufacture and sales; PV projects development, EPC, O&M; smart micro-grid and multi-energy complementary systems development and sales, as well as energy cloud-platform operation. In 2018, Trina Solar launched Energy IoT brand, established the Trina Energy IoT Industrial Development Alliance together with leading enterprises and research institutes in China and around the world, and founded the New Energy IoT Industrial Innovation Center. With these actions, Trina Solar is committed to working with its partners to build the energy IoT ecosystem and develop an innovation platform to explore New Energy IoT, as it strives to be a leader in global intelligent energy. For more information, please visit www.trinasolar.com

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H3 Platform’s New PCIe Gen4 Composable GPU Expansion Systems in Full Production

Falcon Composable GPU Solution helps to create unified composable IT infrastructure that eases management and enhances flexibility. 16GPU, 8GPU, and 5GPU models are available for any multi-GPU application.

TAIPEI, Nov. 19, 2020 — H3 Platform Inc., the composable infrastructure solution provider based in Taiwan, announced the general availability(full production) of its new integrated composable GPU expansion solution along with SC20. The Falcon 4010 and 4005 are the two latest models to H3 Platform’s Composable GPU Expansion Chassis product family. Both models possess PCIe Gen4 performance and are compatible with the latest GPUs such as Nvidia® A100. The new models also succeed the software-defined GPU technology and H3 platform’s unique multi-function graphical user interface that eases GPU management. The Falcon GPU expansion system aims to raise computing performance, reduce implementation complexity, and enhance GPU utilization rate for the broad multi-GPU applications at decent cost-efficiency.

The Falcon 4010 is a 5U rackmount GPU system that can accommodate up to 8x dual-slot graphics cards. Designed for enterprises, Falcon 4010 supports most latest high-end GPUs on the market, provides sufficient power and cooling for all 8 GPUs running at peak performance, capable of multiple host connections via PCIe cables, and unique GPU drawer design that helps IT personnel to perform maintenance and device replacements much easier than usual.

The Falcon 4005 is a desktop GPU system that can accommodate up to 5x dual-slot graphics card and up to four host connections. Falcon 4015 is designed for office, lab, and studio environments with significant lower noise level at full load.

GPUs are widely used to accelerated various profitable applications and business activities; however, it is difficult to manage massive amount of GPU devices as the systems scale out. H3 Platform addresses GPU resource management challenges with its composable solutions accompanied by the flexibility and the GPU HA capability that help businesses in any size to adapt to the changing environment as well as stay competitive at any time.

H3 Platform Inc. continues to develop PCIe switch-based technology and deliver composable infrastructure solutions that drives HPC innovations with the optimized IT resource planning & management capability.

Please visit https://www.h3platform.com/ for more information.

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Huntkey to Present at Hong Kong Autumn Sourcing Week Digital Show

SHENZHEN, China, Nov. 14, 2020 — Huntkey, a leading provider of power solutions, will be presenting at the Hong Kong Autumn Sourcing Week Digital Show (shorted for "the show" below) from November 16– 27, 2020.

Huntkey at the show:
https://sourcing.hktdc.com/en/Supplier-Store/Home/Shenzhen-Huntkey-Electric-Co-Ltd-/1S00NUCXX?ref_source=SearchKeyword&ref_term=huntkey&ref_medium=N

The show is a one-top online sourcing platform for buyers and suppliers to continue explore more business opportunities across various industries. It’s organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong’s businesses.

The show is all digital to ensure public health and safety in view of the COVID-19 pandemic. At the show, Huntkey is planning to showcase its main categories of products that include air purifiers, power supplies, power strips, surge protectors, monitors, adapters and led lamps.

Recently Huntkey has released a portable desktop air purifier, and it will be also showcased at the show. The desktop air purifier is incorporated with photocatalyst decomposing systems that can efficiently remove airborne hazards such as particles, smokes, bacteria and viruses. It measures a radius of 108mm and height of 160mm, which is well-suited for small space purification especially on an office desk. For more information, please visit: https://en.huntkey.com/

About Hong Kong Trade Development Council

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong’s businesses. The organisation has 50 offices around the world, including 13 on the Chinese mainland. With more than 50 years of experience, its mission is to explore opportunities for Hong Kong companies, especially small and medium-sized enterprises (SMEs), and connect them with business partners around the world.

About Huntkey

Huntkey Enterprise Group, founded in 1995 and headquartered in Shenzhen, is a member of The International Power Supply Manufacturer’s Association (PSMA) and a member of The China Power Supply Society (CPSS). With branch companies in the USA, Japan and other areas, and cooperating factories in Brazil, Argentina, India and other countries, Huntkey has specialized in the development, design, and manufacturing of PC power supplies, industrial power supplies, surge protectors, adapters and chargers for many years.

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ReneSola Power to Release Third Quarter 2020 Financial Results on December 1, 2020


STAMFORD, Conn., Nov. 13, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, announced today that it will report its unaudited financial results for the third quarter ended September 30, 2020 after the U.S. stock market close on Tuesday, December 1, 2020. The Company will hold a conference call to discuss the financial results at 4:30 p.m. U.S. Eastern Time on Tuesday, December 1, 2020 (5:30 a.m. China Standard Time on Wednesday, December 2, 2020).

What:              ReneSola Ltd Third Quarter (ended September 30, 2020) Earnings Call
When:             4:30 p.m. U.S. Eastern Time on Tuesday, December 1, 2020 (5:30 a.m. China Standard Time on Wednesday, December 2, 2020)
Webcast:        http://ir.renesolapower.com/webcasts-presentations

Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.

Participant Online Registration: http://apac.directeventreg.com/registration/event/7488976

A replay of the conference call may be accessed by phone at the following numbers until December 9, 2020. To access the replay, please reference the conference ID 7488976.

Phone Number

Toll-Free Number

United States

+1 (646) 254-3697

+1 (855) 452-5696

Hong Kong

+852 3051-2780

+852 8009-63117

Mainland China

+86 (800) 870-0206

+86 (400) 602-2065

Other International

+61 (2) 8199-0299

A webcast of the conference call will be available on the ReneSola Power website at http://ir.renesolapower.com.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

ViewSonic Announces Winners of the ColorPro(TM) Award 2020 Global Photography Contest

BREA, Calif., Nov. 13, 2020 — ViewSonic Corp., a leading global provider of visual and educational solutions, organized the ColorPro Award 2020 Global Photography Contest in cooperation with four leaders in the creative industry – Blurb, Shoot the Frame (STF), Tinyspace, and TourBox – centered on the theme of kindness, so as to promote compassion and beauty through creativity. ViewSonic received more than 2,100 extraordinary photo entries from 18 countries and regions, which offered visual representations of the ubiquity of kindness. ViewSonic announced the contest’s winners on November 13 – World Kindness Day – through a global, live-streamed awards ceremony.

Kindness by Antonio Aragon Renuncio - The 1st Prize Winner of the ColorPro Award 2020 Global Photography Contest (photo credit: ViewSonic)
Kindness by Antonio Aragon Renuncio – The 1st Prize Winner of the ColorPro Award 2020 Global Photography Contest (photo credit: ViewSonic)

James Chu, Chairman and CEO of ViewSonic, said, "I’m delighted that this contest has elicited such a strong response among creators worldwide. During this difficult time of the COVID-19 pandemic, ViewSonic has worked with its partners to highlight stories of kindness from around the globe to provide some much-needed positivity. The contest has shown that, no matter how dramatic the changes to people’s lives have been, kindness is still all around us. I sincerely hope that people will continue to use photography to explore heartwarming stories of kindness."

The top three entries in the ColorPro Award 2020 Global Photography Contest all conveyed heartwarming messages through their photography. The first-prize winner, Spain’s Antonio Aragon Renuncio, made a photograph titled Kindness of 14-year-old Kodjo in Bombouaka, Togo, who is helping a classmate with homework before a soccer game at a care center for children with severe physical and intellectual disabilities. The friendship and compassion shown by Kodjo help disabled children, who are often referred to as "snakes" in their local communities, enjoy normal lives.

Bangladesh’s Tanvir Alam has won the second prize for Harvesting Water Lily, which uses a bird’s-eye view to show a colorful image of harmony between man and nature, with two farmers working together to process water lilies. The third prize has been awarded to Singapore’s Chin Leong Teo for his photograph Drought Ladies. Shot from behind two women, the image shows the helplessness of people in the face of major natural disasters but also the warmth of the woman who consoles her sister in a powerful symbol of mutual support.

At the live-streamed awards ceremony, ViewSonic also invited Chen-Yu Chiu, CEO of the Taiwan-Reyhanli Centre for World Citizens, to share the photos of civic events held near the border between Turkey and Syria and to explain what kindness means to him. Chiu stated that "a grim concrete border wall was transformed into a Taiwan-built center that serves to convey kindness from the world to people in Turkey and Syria. Kindness derives from our close experience of the environment in which we find ourselves, as well as our innate compassion and empathy, and is accentuated by a little bit of craziness and persistence."

Huai-An Ho, President of the HoHuan Theatre Company, which has held 660 free performances at hospitals and clinics over the past 18 years in Taiwan, also took part in the ceremony to share his views on kindness through two photographs. The first photo showed a Mazinger Z figure holding the hand of a little boy as they are about to enter a hospital room and perform for a young girl, demonstrating that kindness can help even the weakest among us be as strong as super heroes. The other photo showed a renowned Peking opera master who, despite his old age and dementia, can still sing the songs he performed during his long career, a touching symbol of persistence. Ho added that "cancer cannot be transmitted, but kindness can" and that "even if I’m unable to do great things, I can still show love while doing many little things."

To further enhance the power of kindness, ViewSonic also launched a special event called "You comment, ViewSonic Donates," which will last until January 13, 2021. ViewSonic invites people to take part in spreading kindness by going to the event page: https://www.facebook.com/events/987244695108535/ leaving comments about or sharing one of the top 10 photos, explaining why they like the photo, or sending a message to the photographer. For each instance in which a message is left or a photo is shared, ViewSonic will donate US$1 to the HoHuan Theatre Company[1].

ViewSonic has put the top 100 entries on the contest’s official website (https://colorproaward.shoottheframe.com/), allowing people to see kindness in all types of interactions between people, between people and animals, and between people and nature.

[1] The donation cap is US$10,000.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and the myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference." To find out more about ViewSonic, please visit www.viewsonic.com.

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Huntkey Introduces Air Purifiers to Vietnam Market

SHENZHEN, China, Nov. 13, 2020 — Huntkey, a prominent manufacturer of PC power supply, PC monitor and PC case, recently introduced two models of its small-sized air purifiers – the Desktop Air Purifier and Car Air Purifier to the Vietnam market. They are branded "OUCICA" , a subsidiary of Huntkey specializing in the development of photocatalyst air purifiers.

Desktop Air Purifier:
https://en.huntkey.com/product/desktop-air-purifier/

Car Air Purifier:
https://en.huntkey.com/products/air-purifiers/

Photocatalyst is a catalyst able to accelerate chemical reactions without being consumed. When energized by UV light, it can continuously and repeatedly increase the rate of chemical reactions to remove and decompose air pollutants. In the desktop and car air purifiers, the photocatalyst is evenly coated onto substrates to form high-performance filters for removing airborne hazards.

Desktop Air Purifier

The desktop air purifier is egg-shaped and measures a dimension of Φ108*160mm. Its air purification speed is 10m3/h, which is well-suited for a room space around 8-10m3. In this scenario, it will clean the entire air in the room with nearly one hour. It is ideal for being used in small working, studying or reading rooms. It is paired with a USB charger or car charger, meaning it can work well on an office desk, a bedside table or in a car.

To assure the users of healthy breaths, the purifier is integrated with photocatalyst filters inside to eliminate harmful substances in the air such as smokes, dust, odors, haze particles, bacteria and viruses. Thanks to the non-consumable feature of photocatalyst, the photocatalyst filters don’t need to be replaced regularly. This is a key difference from traditional air purifiers inside which filers need to be renewed according to their using conditions.

The desktop air purifier can also work as an ionizer to release negative ions. By this means, it is capable of sedimentating airborne dust, PM2.5 and other particulate matters. Negative ions are molecules that are electrically charged with an extra electron, they exist in the environment or can be created by devices like air purifiers and ionizers. Some evidence suggests that an atmosphere filled with negative ions is better for health and well-being.

Specifications:

Name

Desktop air purifier

Indication type

Light Display

Model

DJ010

Bacterial eliminating rate

99%

Input

5V/2A (Min. 4.6V, Max. 5.5V)

Cleaner type

Photocatalyst decomposition system

8W

Applicable space

8-10m3

Noise

38dB(A) (Low level)

Product dimensions

Φ108mm×160mm

Car Air Purifier

The car air purifier is well-suited for cars. It measures a dimension of Φ67*180mm and it is designed like a water cup that can be easily put in a cup holder. Its air cleaning volume is 3.6m3/h, thus, to clean air in sedans, it will approximately take 1-2 hours.

Usually, the inside of a car is a confined space, and the drivers will inevitably face a high risk of exposure to a variety of airborne infectious agents and allergens, with possible harm to health. To tackle this problem caused by bad air quality, the car air purifier is a good choice. It is also equipped with photocatalyst filters by which almost all the infectious agents will be decomposed into carbon dioxide and water, resulting in no secondary pollution.

The purifier is also paired with an other kind of filter (a preliminary filter) to form a strong purification system. It features two air inlets near the bottom and an ultraviolet lamp in the middle, as well as one air outlet on the top. The polluted air firstly will be pre-filtrated by a preliminary filter to remove particles, and than sterilized by the photocatalyst filters to kill viruses and bacteria, finally fresh air will come out from the outlet.

The photocatalyst filters are firmly built in the purifier, while the preliminary filter is detachable that it is packed independently. One car charger and one USB cable are included in the package. To meet different preferences, three color options – red, golden and gray are available.

Specifications:

Name

Car Air Purifier

Indication type

Light Display

Model

CJ001

Bacterial eliminating rate

99%

Input

5V/2A

Cleaner type

Photocatalyst decomposition system

8W

Net weight

460g

Noise

40dB(A) (Low level)

Product dimensions

Φ67mm×180mm

To learn more about Huntkey air purifiers, please visit: https://en.huntkey.com/

About Huntkey

Founded in 1995, Huntkey is a leading global provider of PC power supplies, power strips, surge protectors, laptop adapters, phone chargers, monitors and air purifiers. Huntkey is an Asia renowned brand, a member of The International Power Supply Manufacturer’s Association (PSMA) and China Power Supply Society (CPSS). Including three total nearly 1,000,000 square meters industrial parks, Huntkey is one of the most famous brands and largest companies in mainland China. It is headquartered in Shenzhen, with branch companies in the US, Japan and Hong Kong, and with cooperating factories in Vietnam, Brazil, Argentina and India.

https://en.huntkey.com/ 

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Sungrow Announces Roadshow Debuting the Latest 1500V Outdoor Central Inverter Solutions in the United States

SAN FRANCISCO, Nov. 6, 2020 — Sungrow, the global leading inverter solution for renewables, is launching roadshows spanning the United States, debuting the latest 1500V central and string inverter solutions tailored to North America. With products on display in a semi-truck, the 17-stop tour started from Denver on November 2 will last until the end of December.

Sungrow Roadshow 2020
Sungrow Roadshow 2020

The outdoor central inverter solution SG3600UD-MV for 1500V system is optimized for utility-scale installations, featuring a high DC/AC ratio up to 2.0 and being compatible with bifacial modules and tracking systems, enabling high yields. The inverter is prefabricated with inputs for DC-coupled storage solutions which could be added at a later stage. In addition, it supports PCS mode so that the battery can be charged by grid and regulation will be more flexible. Furthermore, equipped with the self-constructed function, the inverter solution can construct AC power by controlling the inverter to work in voltage frequency mode, thereby supplying AC power for debugging of the equipment in advance, ensuring a shorter commissioning duration.

Also on display is the 1500V string inverter SG250HX, one of the best-selling PV inverter solutions for utility-scale applications with over 5 GW deployed till now.

"Sungrow is excited to debut the latest product portfolio in the creative and immersive roadshow amid pandemic. Keeping social distancing is our priority to maintain the health and safety of attendees on-site," said Hank Wang, General Manager of Sungrow Americas.

With a comprehensive local team offering professional full-service, Sungrow has extended partnership with a magnitude of EPCs, distributors and integrators. The celebrated projects across the regions include Techren 2, a 250 MWp project located in Nevada, largest solar projects under construction in Wyoming and Washington State and the biggest plant online in Rhode Island.

The Company continues an upward growth trajectory with an expected inverter shipment of nearly 5 GW in the United States this year, leading the market share locally.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 120 GW installed worldwide as of June 2020. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 23-year track record in the PV space, Sungrow products power installations in over 120 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

 

Related Links :

http://www.sungrowpower.com

ReneSola Announces Notice of Annual General Meeting


STAMFORD, Conn., Nov. 6, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. (Beijing time) on Monday, December 21, 2020.

Copies of the notice of the AGM, proxy form, poll card and annual report are available on ReneSola Power’s investor relations website at http://ir.renesolapower.com.

AGM Resolutions

The following resolutions to be proposed at the AGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

  1. As a resolution of shareholders, to receive, consider and approve the consolidated financial statements of the Company for the year ended December 31, 2019, together with the reports of the auditors thereon.
  2. As a resolution of shareholders, to re-elect Mr. Wee Seng Tan and Mr. Martin Bloom as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
  3. As a resolution of shareholders, to further amend 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010 and August 29, 2016) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan from 12, 500,000 shares to 22,500,000 shares.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

For investor and media inquiries, please contact:

In the United States:

ReneSola Power
Mr. Adam Krop
+1 (347) 577-9055 x115
IR.USA@renesolapower.com

The Blueshirt Group
Mr. Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com

In China:

ReneSola Power
ir@renesolapower.com

The Blueshirt Group Asia
Mr. Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com

Related Links :

http://www.renesolapower.com

JinkoSolar Signs Long-term Purchase Agreement with Tongwei for nearly 100,000 Metric Tons of Polycrystalline Silicon

SHANGRAO, China, Nov. 6, 2020 — 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 the Company and its subsidiary Sichuan Jinko have signed a long-term purchase agreement with second tier subsidiaries of Tongwei Co., Ltd. ("Tongwei"), namely Sichuan Yongxiang Polysilicon Co., Ltd., Sichuan Yongxiang New Energy Co., Ltd., Inner Mongolia Tongwei High-purity Crystalline Silicon Company, and Yunnan Tongwei High-purity Crystalline Silicon Company. The raw materials procurement will ensure a stable supply of polycrystalline silicon ("Poly-Si") in line with JinkoSolar’s strategic and operational plans.

Under the agreement, JinkoSolar has locked in nearly 100,000 metric tons of polycrystalline silicon and both parties can negotiate additional purchases. The price for any additional order will be negotiated and determined based on market conditions at that time.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "Building strategic partnerships with suppliers of key raw materials is essential for our business and to raise our competitive edge in the solar industry. We are very pleased to begin this partnership with an industrial leader like Tongwei, a strategic cooperation that will contribute to the stability of JinkoSolar’s long-term business. This is the first long-term contract with Tongwei for the steady supply of poly-Si, a win-win scenario that will no doubt bring on other advantages for both parties and further promote the development of renewable energy. We look forward to more opportunities with Tongwei, and to explore other ways we can work together to create value for the global PV industry."

Mr. Duan Yong, Director of Tongwei Co., Ltd., Chairman and General Manager of Yongxiang Co., Ltd., commented, "JinkoSolar is one of Tongwei’s most trusted customers and we are very pleased to reach a strategic cooperation with a leading PV module manufacturer like JinkoSolar. The signing of this contract is conducive to the stable sales of Tongwei’s high-purity polysilicon products and is in line with our future business strategy. It is also conducive to bringing into play the leading advantages of two major industry players in the PV industry, and to jointly promote the development of the global PV market."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes it 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 20 GW for silicon wafers, 11 GW for solar cells, and 25 GW for solar modules, as of June 30, 2020.

JinkoSolar has 7 production facilities globally, and 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.

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. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com

Related Links :

http://www.jinkosolar.com

Canadian Solar Schedules Third Quarter 2020 Earnings Conference Call for November 19

GUELPH, ON, Oct. 30, 2020Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it will hold a conference call on Thursday, November 19, 2020 at 8:00 a.m. U.S. Eastern Standard Time (9:00 p.m., November 19, 2020 in Hong Kong) to discuss the Company’s third quarter 2020 results and business outlook.

The dial-in phone number for the live audio call is +1-866-519-4004 (toll-free from the U.S.), +852-3018-6771 (local dial-in from Hong Kong) or +1 845-675-0437 from international locations. The passcode for the call is 8846757. A live webcast of the conference call will also be available on the investor relations section of Canadian Solar’s website at www.canadiansolar.com.

A replay of the call will be available 2 hours after the conclusion of the call until 9:00 a.m. U.S. Eastern Standard Time on Friday, November 27, 2020 (10:00 p.m., November 27, 2020 in Hong Kong) and can be accessed by dialing +1-855-452-5696 (toll-free from the U.S.), +852-3051-2780 (local dial-in from Hong Kong) or +1-646-254-3697 from international locations. The passcode for the replay is 8846757. A webcast replay will also be available on the investor relations section of Canadian Solar’s at www.canadiansolar.com.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Canadian Solar Inc. Contacts

Isabel Zhang

Investor Relations

Canadian Solar Inc.

investor@canadiansolar.com

David Pasquale

Global IR Partners

Tel: +1-914-337-8801

csiq@globalirpartners.com

 

Related Links :

http://www.canadiansolar.com