Sungrow Smart Energy Virtual Show: a bulk of the latest innovations shine in the marketplace

HEFEI, China, June 15, 2020 /PRNewswire/ — Sungrow, the global leading inverter solution supplier for renewables, is unveiling a variety of the latest PV and energy storage innovations at its Smart Energy Virtual Show taking place on June 15-19. The Company bridges channels between participants and industry professionals from authorities including SPE, EASE, and offers exclusive webinars in terms of niche markets and flagship products, illustrating its determination on technical innovation and expansion of global footprints.

Sungrow Virtual Booth
Sungrow Virtual Booth

Beyond a virtual booth, latest product portfolio is starring

The fully-immersive virtual booth keeps everybody safe and healthy given the current coronavirus situation. While the intriguing part of the virtual show is not only the distinctive booth design but a dozen of the latest competitive PV and energy storage product portfolios for utility-scale, commercial and residential applications, Which garnered global unique views of over 10,000 on the first day.

Optimized for utility-scale PV plants, Sungrow is debuting comprehensive solutions ranging from 125kW to 6.25MW, for instance, the SG6250HV-MV turnkey solution, a brand-new 1500V multi-MPPT string inverter SG125HX that is compatible with over 500Wp bifacial modules, the world’s most powerful 1500V string inverter SG250HX and its medium-voltage turnkey station MVS6750-LV which is preassembled for easy O&M.

Featured commercial inverters ranging from 33kW to 110kW and residential inverters available from 2kW to 20kW tailored to distributed generation markets are another eye-catching due to the compact design, high productivities and multiple demand satisfied.

Among others, participants can check out Sungrow all-in-one energy storage systems such as a "3MW-1 Hour" system for utility-scale applications and a "50kW-3 Hour" system for commercial projects, which are fully integrated and of high efficiency and safety.

Outlook from professionals, benefiting your business

Drawing on experience gleaned from both fields of solar and energy storage, an unprecedented lineup of speakers gives impactful insights for participants.

Brittney Elzarei, Policy Manager from EASE (European Association for the Storage of Energy), shared the latest ESS policies in the key European markets and changes amid coronavirus on June 15th, indicating that we can expect strong impetus of energy storage development in Europe as it’s a special drive of the local decarbonization and energy transition.

The Europe market outlook 2020-2024 to be presented by Raffaele Rossi, Policy Analyst at SPE (SolarPower Europe) on June 19th is believed to show in-depth guidance for the foreseeable future.

In addition, Sungrow technical and service team is giving expertise on the latest innovations and specific trainings for installers and distributors.

"It is a pleasure to join this remarkable smart energy virtual show, where I can explore key highlights of cutting-edge new products aired exclusively. I’ve also gained reliable and practical insights from speakers and networking slots without restrictions," commented a participant at the virtual show.

Technical innovations never settle

"We keep exploring on technical innovations and are delighted to roll out the latest PV and ESS solutions in this spectacular way. Indeed, the virtual show illustrates our features and embodies more perspectives from our partners which all participants can reap a lot," said James Wu, Vice President of Sungrow.

Being a leading player with over 100GW deployed around the globe, Sungrow is dedicated to the sustainable development and joined RE100 to affirm the commitment to source 100% renewable electricity by 2028. Sungrow, with 100% bankability, is poised to usher in a new prospect of accelerating its steps in fulfilling its mission of "Clean power for all".

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 100 GW installed worldwide as of December 2019. 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 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Photo – https://photos.prnasia.com/prnh/20200615/2830728-1?lang=0

Related Links :

http://www.sungrowpower.com

JinkoSolar Announces Appointment of Chief Human Resources Officer

JIANGXI, China, June 12, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Mr. Ji Shao Guo has been appointed as Chief Human Resources Officer (CHO), effective immediately.

Mr. Ji has more than 20 years of leadership and human resources experience and has served in a number of senior positions across many industries. Prior to joining the Company, Mr. Ji was the Vice President of Human Resources at Meicai, a tech start-up to provide one-stop catering raw material procurement services. Prior to that, Mr. Ji served as HR Director at VIPKID, a privately-held online teaching and education company. From 2015 to 2017, Mr. Ji was Head of the 360 Learning Campus at Qihoo 360 Technology, an internet security company, where he managed their talent courses, corporate programs and leadership training. Mr. Ji earned a Bachelor of Science in Computing Communication from the University of Electronic and Science Technology of China (UESTC), and has two Master’s degrees, one in Computer Application Engineering from Beihang University, and the other in Business Administration from the Renmin University of China.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, "We are excited to welcome Mr. Ji to the team as Chief Human Resources Officer where he will be responsible for talent acquisition, employee engagement and culture strategies to develop high-performing leadership programs. He has a proven track record of helping large and growing organizations enhance their productivity and growth by creating a client-focused culture. We look forward to his leadership in ensuring that everyone on our team achieves their full potential and career goals, while we continue to solidify JinkoSolar as a global employer of choice for the solar industry."

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.

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:

In China
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: [email protected]

In the US
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: [email protected]

Related Links :

http://www.jinkosolar.com

ReneSola Power to Develop a 30-hectare Ground-mounted Solar Project in France

STAMFORD, Conn., June 10, 2020 /PRNewswire/ — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated global solar project developer, today announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce 46 GWh, and supply electricity to approximately 10,000 households per year.

The consortium is led by Tenergie, the second largest independent power producer in France.  Other members of the consortium include a leading power consulting company and a recognized leader in project crowdfunding.  The consortium will develop the power plant covering 30 hectares of leased land in the town of Aups.  The plant will be owned by an entity, which in turn will be owned by the IPP, the Municipality of Aups. Local stakeholders and the individuals that participate in crowdfunding are deeply involved in the project conception phase. The Company estimates that a project of this size and design would typically have capacity of approximately 30 MW.  Actual capacity will be subject to additional authorizations, such as permits needed for final project design.

Mr. Josef Kastner, CEO of ReneSola Power European Region, commented, "This project demonstrates the strength of public-private partnerships and how they can help us grow our business in Europe while promoting a more sustainable energy supply.  Not only will Aups get a substantial source of clean and low-cost energy, but the town will secure a good source of revenue and its citizens will have an opportunity to invest in—and profit from—the growth of the clean energy industry."

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, added, "This project validates that our business in France is strong and growing.  ReneSola Power is a leading developer in Europe, and we intend to accelerate our growth in the region.  Europe focuses on the development of social responsibility, and various governments across the region support the deployment of solar power.  Both France and other European countries are exactly the type of markets in which we are focusing our business development efforts."

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

Arçelik Has Announced Its Sustainability Targets for 2030

ISTANBUL, June 5, 2020 /PRNewswire/ — Adopting sustainability as a business model with its "Respecting the World, Respected Worldwide" vision, Arçelik published its 12th Sustainability Report, announcing short, medium, and long-term targets towards 2030.

Arçelik CEO Hakan Bulgurlu
Arçelik CEO Hakan Bulgurlu

Arçelik CEO Hakan Bulgurlu spoke about the company’s 12th Sustainability Report, commenting, "A sustainable world is possible in the future with the steps we will take today. Our ‘In Touch Technology’ approach is based on this point of view. With our global reach, broad network of stakeholders, and our technologies that improve our planet, lives and business, we strive to be a part of the solution in tackling environmental and social problems. The COVID-19 outbreak has affected the whole world in a short period of time, and it has once again reminded us that our most important responsibility is to protect our environment, the ecosystem, biodiversity and natural resources. We believe that all companies will adopt sustainability as their business model after the pandemic. People will also encourage companies to take responsibility for environmental and social problems with their purchase decisions."

Energy and water consumption per product will decrease by 45%

Arçelik shared its solutions to combat the climate crisis and other environmental issues under the "In Touch with our Planet" section. By 2030, the company aims to establish 15 MW of renewable energy systems and reduce the energy consumption per product in its South Africa, Russia, Turkey, Romania, China, Thailand and Pakistan operations by 45% compared to the base year of 2015. In 2019, Arçelik reduced its energy consumption per product by 43.5% compared to 2010 in its Turkey, Romania, China, Russia, and South Africa operations. Now it aims to become a carbon-neutral company in its Turkish production plants by 2025 and reduce its water consumption per product by 45% by 2030 compared to the base year of 2015. The company also reached its 2020 targets by reducing its water consumption per product by 52% compared to the base year of 2012 in its Turkey, Romania, China, Russia, and South Africa operations.

The female manager ratio will increase to 30% by 2030

Under the "In Touch with Business" section, Arçelik explained its employee-oriented targets focusing on being a source of inspiration for its stakeholders, to begin with its supply chain and dealers. The company increased its female manager ratio to 18.6% in 2019 and now aims to raise it to 30% by 2030. Arçelik also aims to ensure that over 50% of its employees participate in a minimum of one volunteering activity per year.

Arçelik will help 80 million people gain awareness on healthy living

Through "In Touch with Human Needs" approach, Arçelik, with its Beko brand, aims to raise awareness amongst 80 million people about healthy living by 2030 with ongoing programmes to contribute to healthy, future generations. Arçelik also joins Grundig in the fight against food waste to raise awareness amongst 3.5 million people about responsible consumption and provide 1 million meals to 500,000 people by saving 1,200 tons of food.

The Industry Leader in Sustainability

Arçelik reinforced its leadership in national and global platforms with its sustainability efforts in 2019. Arçelik has been selected as the Industry Leader for the "Household Durables" category in the Dow Jones Sustainability Index (DJSI). The index represents the gold standard in corporate sustainability and ranks the largest companies based on their sustainability performances. Arçelik has been the first and only industrial company from Turkey to be included in the DJSI Emerging Markets category for three consecutive years.

Arçelik maintained its achievements by being listed in the Borsa Istanbul (BIST) Sustainability Index, MSCI Sustainability Index, and FTSE4Good Emerging Markets Index, and by receiving the Zero Waste Private Sector Award from the Republic of Turkey, Ministry of Environment and Urbanization.

Arçelik has received A- in the 2019 Climate Program of the Carbon Disclosure Project (CDP), the world’s most respected environmental initiative with its campaigns against climate change and became one of the Turkish companies to earn the highest score in this program. The company also received B in the CDP 2019 Water Program.

You can download Arçelik’s 2019 Sustainability Report here.

 

Arçelik 2019 Sustainability Report
Arçelik 2019 Sustainability Report

 

 

Related Links :

https://www.arcelikglobal.com

JinkoSolar Receives Favorable Final Determination of Non-Infringement in U.S. ITC Patent Investigation Brought by Hanwha Q CELLS

JACKSONVILLE, Fla., June 4, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the United States International Trade Commission ("ITC") issued a favorable final determination concluding JinkoSolar’s products do not infringe a patent asserted by Hanwha Q CELLS.

In March 2019, Hanwha initiated ITC Investigation No. 337-TA-1151 against JinkoSolar, LONGi Solar, and REC Group, asserting that the companies infringe U.S. Patent No. 9,893,215.

On June 3, 2020, the Commission issued its final determination in JinkoSolar’s favor, affirming the Administrative Law Judge’s initial determination in April, which was based on analysis of detailed, expert testimony, that JinkoSolar’s products do not infringe Hanwha’s patent.

"We welcome this final decision from the ITC, confirming what we have known all along: our products do not infringe Hanwha’s patent," said Kangping Chen, CEO of JinkoSolar. "From the start, we have believed that the case brought by Hanwha was legally and technically meritless and a transparent attempt to disrupt innovation and slow our momentum. The ALJ’s decision confirms that Hanwha should never have brought this case in the first place. JinkoSolar is a true innovator, and this outcome validates our technology. Our top priority is to provide our customers around the world with the industry-leading, sustainable, high-quality, high-performance solar modules they have come to expect from us."

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.

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.

Contact

For investor and media inquiries, please contact:

In China

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: [email protected]  

In the US

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: [email protected]

Related Links :

http://www.jinkosolar.com

ReneSola Power and Nautilus Solar Energy Announce the Sale of a 10.4 MW Minnesota Community Solar Portfolio

— Represents Fourth Acquisition Between Two Companies

STAMFORD, Conn., June 3, 2020 /PRNewswire/ — In a joint statement today, ReneSola Ltd (NYSE: SOL) ("ReneSola Power"), a leading fully-integrated solar project developer, and Nautilus Solar Energy, LLC ("Nautilus"), a leading national solar project acquisition, development and asset management company, announced Nautilus’s acquisition of a 10.4 MW community solar portfolio developed by ReneSola Power in Minnesota.

Like previous acquisitions, including the 21MW purchase in 2019 and the two-13.3 MW acquisitions announced in 2017 and 2018, this portfolio also qualified under Xcel Energy’s community solar program in Minnesota. The portfolio is comprised of eight single axis tracker solar installations, each commonly referred to as a solar garden. The projects are located in counties across the southern half of Minnesota, and are designed to produce enough energy to power over 1,450 homes. The portfolio is expected to come online by the fourth quarter of 2020.

Nautilus will be responsible for the project management, long-term asset and subscriber management and maintenance services for this portfolio. In addition to having developed the projects, ReneSola Power will be responsible for securing the subscribers. The energy generated by the projects will directly benefit qualified commercial and residential off-takers situated within Xcel Energy’s service territory by providing energy cost savings while also advancing Minnesota’s 10 percent solar energy goal by 2030.

"We are excited to be working with the Nautilus team. This transaction once again demonstrates the project development expertise of our team in Minneapolis," said John Ewen, CEO of ReneSola Power North America. "Despite ongoing macro uncertainties, both Nautilus and ReneSola teams successfully completed the transaction. Community solar remains an attractive market for us in the U.S., and we look forward to collaborating with Nautilus on other solar opportunities in the near future," commented Yumin Liu, Chief Executive Officer of ReneSola Power.

"With this acquisition, we are able to significantly expand our subscriber presence in the Minnesota community solar marketplace to service smaller commercial and even residential customers," said Jim Rice, Co-CEO of Nautilus Solar. "This successful transaction, being the fourth deal consummated with the ReneSola team over the last 3 years, further exemplifies Nautilus’s long-term commitment to working closely with our development partners," added Jeffrey Cheng, President of Nautilus Solar.

About ReneSola Power

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.

About Nautilus Solar Energy, LLC

Nautilus Solar Energy, LLC ("Nautilus") is a leading owner-operator of distributed generation and community solar projects located throughout North America. Over its 14-year history, the Nautilus team has successfully developed, acquired, managed, and invested over $1.2 billion of capital into solar projects. Nautilus is wholly owned by Power Energy Corporation, a subsidiary of Power Corporation of Canada (TSX:POW), a global diversified management and holding company. Join Nautilus on LinkedIn, Facebook and Twitter and/or visit www.nautilussolar.com for more information.

Related Links :

http://www.renesolapower.com

JinkoSolar to Report First Quarter 2020 Results on June 15, 2020

SHANGHAI, June 2, 2020 /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 plans to release its unaudited financial results for the first quarter ended March 31, 2020 before the open of U.S. markets on Monday, June 15, 2020.

JinkoSolar’s management will host an earnings conference call on Monday, June 15, 2020 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3027 6500

U.S. Toll Free:

+1 855-824-5644

Passcode:

55108006#

Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, June 22, 2020. The dial-in details for the replay are as follows:

International:

+61 2 8325 2405

U.S.:

+1 646 982 0473

Passcode:

319334664#

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar’s website at http://www.jinkosolar.com.

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.

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:

In China:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: [email protected]

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: [email protected]

Related Links :

http://www.jinkosolar.com

Digital Solutions Optimize Performance in Global Homes & Buildings Market Following Minor COVID-19 Setbacks

Technology-based offerings in Homes & Buildings industry segments to find growth opportunities amid pandemic, finds Frost & Sullivan 

SANTA CLARA, California, May 29, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Homes and Buildings Industry Outlook, 2020, reveals that the penetration of advanced technologies that provide energy and cost benefits and value-based outcomes will drive the global homes & buildings (H&B) industry in 2020. However, an additional report, Impact of COVID-19 on Global Homes and Buildings Industry, 2020, notes industry revenues are expected to drop by 3.5% from 2019 as a result of the COVID-19 pandemic.

Frost & Sullivan - Global Homes & Buildings
Frost & Sullivan – Global Homes & Buildings

For further information on these analyses, please visit: http://frost.ly/44v

"While the coronavirus is expected to negatively impact the homes & buildings industry, markets for HVAC, refrigeration systems, and fire safety products will continue to witness demand for their solutions and services, given their necessity in critical end-user industries such as hospitals and residences," said Anirudh Bhaskaran, Senior Industry Analyst for Homes & Buildings at Frost & Sullivan. "The cleaning aspect of FM services will also grow, as there will be an increase in demand for the disinfection of commercial and industrial spaces."

Bhaskaran added: "There is an increased level of awareness among building managers and customers about value creation from IoT and AI-driven solutions. Participants in traditional markets such as heating, ventilation, and air conditioning (HVAC), fire safety, and facility management (FM) are integrating digital offerings into their solutions, which will play a vital role in optimizing a building’s performance."

For further revenue opportunities, vendors in this industry should:

  • Create a cross-functional COVID-19 task force to reinforce confidence in employees and partners, and gain trust among customers.
  • Provide services to critical end-user segments that are considered "essential."
  • Increase the adoption of AI and machine learning algorithms in building technology solutions to enable cognitive abilities in buildings and reduce human intervention.
  • Design modular, upgradeable, and reusable products to help reduce waste.
  • Offer building management solutions at attractive prices and business models.

Global Homes and Buildings Industry Outlook, 2020 and Impact of COVID-19 on Global Homes and Buildings Industry, 2020 are a part of Frost & Sullivan’s global Building Management Technology Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Homes and Buildings Industry Outlook, 2020
MF45-19

Impact of COVID-19 on Global Homes and Buildings Industry, 2020
K4ED-19

Contact:
Jaylon Brinkley
E: [email protected]    
T: 210.247.2481

Photo – https://techent.tv/wp-content/uploads/2020/05/digital-solutions-optimize-performance-in-global-homes-buildings-market-following-minor-covid-19-setbacks.jpg

Related Links :

http://www.frost.com

Sungrow Received UL9540 Compliance Certificate for C&I Energy Storage System ST556kWh-250UD in the North American Market

HEFEI, China, May 27, 2020 /PRNewswire/ — Sungrow, the global leading inverter solution supplier for renewables, announced recently that the Company’s energy storage system (ESS) had received the UL9540 certificate issued by TÜV Rheinland for North American C&I energy storage market, demonstrating that this competitive ESS solution meets the comprehensive and stringent local requirements in system safety and compliance, and forecasting more installations that it will be involved in.

UL9540 Compliance Certificate for C&I Energy Storage System ST556kWh-250UD
UL9540 Compliance Certificate for C&I Energy Storage System ST556kWh-250UD

As one of the world’s largest energy storage markets, North America holds the most rigid standards for the energy storage system. The ESS ST556kWh-250UD is completely in compliance with UL9540, UL9540A, and the updated National Fire Protection Association (NFPA) criteria NFPA 855, NFPA 70, which are well recognized & authoritative proof of system with high quality, safety and reliable performance.

Optimized to the growing demand for C&I energy storage market in the North America, Sungrow rolled out this all-in-one solution in September 2019 with competitive system design for the best in class energy density and low LCOE, consisting of the stellar PCS (Power Conversion System) SC60HV, lithium batteries, energy management system, HVAC (Heating Ventilation Air Conditioning), the fire suppression system and more devices.

More specifically, equipped with 556kWh of Samsung SDI Mega E3 lithium batteries, the system can be of higher power density and cost-saving. Featuring the optimized three-level technology, the energy conversion efficiency of the PCS can be higher. Also, allowing up to six units of the system to operate in parallel on the AC side makes the configuration more flexible.

Safety is the most important parameter in many customers’ minds. The E-stop function enables fast acting and arc protection for better safety management. Housed in an outdoor cabinet, the PCS and batteries are designed compartmentally. The battery compartment integrates HVAC overhead to guarantee that the battery works at a constant ambient temperature, ensuring longer battery life and safety.

Furthermore, the outdoor cabinet design is more aesthetic in appearance and ideally address the demands for C&I applications. With a high anti-corrosion capacity of C5, the system can be resilient to harsh conditions, like costal and high-pollution industrial areas.

"The UL9540 certified solution ST556kWh-250UD with compact design, small footprint and optimized thermal performance, guarantees minimized system operation overhead and warranty claim hassles in response to the high demand of peak shaving, frequency regulation and demand charge management," said Hank Wang, President of Sungrow Americas. "We are delighted to bring forth more innovations to the North American storage market together with the comprehensive technical-support, sales and after-sale service."

As one of the pivotal energy storage players with 23-year track record, Sungrow is active in over 900 major energy storage projects across the globe with zero security incidents by the end of 2019, ranging from islands to high altitude plateaus, from ports to residential applications. Given the cutting-edge technology, the amount of installations as well as orders of Sungrow ESS surpassed 500 MWh in the North America by May this year. Landmark projects include the first 1500V DC-coupled PV-plus-storage project in Florida (1.5MW/3.836MWh), and a 15MW/32MWh project in Massachusetts.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 100 GW installed worldwide as of December 2019. 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 & industrial, 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 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

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