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PR Newswire

Granite River Labs Names TIC Veteran Holger Kunz President of Worldwide Services

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SANTA CLARA, Calif., Aug. 11, 2021 — Granite River Labs ("GRL"), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies, today announced the appointment of Holger Kunz as President of Worldwide Services. Kunz will continue to be based in Yokohama, Japan where he will lead the continued expansion of GRL’s worldwide services business. 

Holger Kunz, President of Worldwide Services at Granite River Labs (“GRL”), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
Holger Kunz, President of Worldwide Services at Granite River Labs (“GRL”), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

 

Kunz will leverage his deep knowledge of global testing trends in key verticals, a passion for technology testing and market access, and his demonstrated skill as a leader for developing worldwide test organizations to help accelerate GRL’s growth. The addition follows GRL’s strategic growth investment from SFW Capital Partners in May 2021.

Originally from Germany with much of his career based in Asia, including time spent in Japan, Mainland China, Hong Kong and Taiwan, Kunz joins GRL after 25 years in various roles with TÜV Rheinland (TÜVR), a global leader in the Testing, Inspection, Certification (TIC) industry. Most recently, Kunz served as Group Executive Council member and Global Executive Vice President for Products at TÜVR, overseeing five business lines, more than €550 million revenue, and a rapidly growing network of laboratories across the world. During his tenure as EVP, Kunz oversaw tremendous growth and margin expansion through various organic initiatives and strategic acquisitions. In his various roles at TÜVR, Kunz focused on customers in a wide range of end-markets including consumer electronics, telecommunications, medical, automotive, and renewable energy.

"Holger is a proven world-class leader, and I am very excited to welcome him to GRL," said Johnson Tan, Granite River Labs’ co-founder and CEO. "I’ve worked with Holger for many years and been consistently impressed by his success in building technology-driven businesses and teams around the world. Holger’s entrepreneurial drive and expertise in leading cross functional organizations supporting complex technical needs make him the perfect fit to expand our service capabilities and create more value for our customers."

"Granite River Labs has a sterling reputation for its testing expertise in digital connectivity and charging technologies, an impressive roster of globally-recognizable clients, and a strong leadership team," said Kunz. "Following a fulfilling career with TÜVR, I am excited to partner with GRL and SFW Capital and take on a more entrepreneurial role. I look forward to helping the company serve its existing customers more effectively, enter new end-markets, pursue add-on acquisitions, and expand its technical capabilities."

About Granite River Labs 
Founded in Silicon Valley in 2010, Granite River Labs (GRL) is a leading provider of end-to-end testing, certification and compliance services and related proprietary instrumentation and software solutions to support development and commercialization of sophisticated connected devices. GRL helps engineers solve tough design and validation challenges. GRL was founded with a vision to provide affordable test services to help hardware developers implement digital interface technologies as they become faster, more complex, and more challenging to test. Today, GRL has worked with hundreds of companies supporting the adoption of new and emerging technologies from their worldwide test facilities and R&D centers. GRL’s combination of market-leading technical expertise, broad capabilities across connectivity and charging technologies, and intense focus on quality and customer service excellence has led to rapid growth and recognition as the "go to" expert. For more information, visit www.graniteriverlabs.com. 

About SFW Capital Partners, LP 
SFW Capital Partners is a specialized private equity firm that invests in leading Information, Software, Industrial and Healthcare Technology companies. These companies, which include providers of instrumentation, laboratory products, software/information and related solutions, provide a high return on investment to their customers and can serve a wide variety of end-markets. Our principals’ 25+ years of investing in and experience with relevant business models, technologies, competitive dynamics and service requirements gives us confidence in our ability to support management teams in growing their companies and building value. For more information, visit www.sfwcap.com. 

Related Links :

http://www.graniteriverlabs.com

PR Newswire

The Untold Story Releases Zhang Liming’s Short Documentary on An Electrician’s Innovation Dream

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BEIJING, July 17, 2021 — Zhang Liming has held the field electrician for over 30 years. As an employee of the State Grid Tianjin branch’s Binhai subsidiary, Zhang has been granted several titles for his work, including Role Model of the Times and National Morale Model.

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While he is proud of his blue-collar work, Zhang has also concentrated on introducing technological innovations. Zhang has developed four generations of live wire robots to improve the efficiency and safety of live wire working conditions.

Zhang said the robots have the abilities of visual recognition, motion control and electromagnetic interference, which give them the functions of accurate positioning, independent path planning in line with technical standards.

This short documentary was produced by The Untold Story, and it mainly told the innovation story of Zhang Liming. In this video, the audience could know how an ordinary blue-collar worker become a leading role in innovation. Meanwhile, it showed Zhang’s good personality and his professional pursuit. 

Live wire robots have been put into service in North China’s Tianjin Municipality, replacing humans in the dangerous work on high-voltage power lines.

Zhang has not only inspired the Binhai arm of the company, but also the entire Tianjin branch following his lead on voluntary work and innovations.

Contact: Jane Cheng 
Tel：008610-68996566
E-mail：1163514639@qq.com  

 

 

PR Newswire

Maxeon Solar Technologies Extends its AC Energy Solutions Portfolio Further Advancing its “Beyond the Panel” Strategy

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The new Performance 3 AC panel will complement existing Maxeon AC offering

SINGAPORE, July 13, 2021 — Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announces the extension of its AC Energy Solutions with the launch of the new Performance 3 AC panel. This is the second product in the company’s AC portfolio and follows the introduction of the premium Maxeon 5 AC panel in late 2020. AC Energy Solutions combine the industry leading solar panel technology from Maxeon with advanced microinverter technology, offering a powerful and fully customizable solar solution to maximize any roof’s potential. The new Performance 3 AC panel will be commercialized by Maxeon Solar Technologies under the SunPower brand to residential customers in key international markets through authorized installer networks and distributors starting in the third quarter of 2021.

Maxeon Solar Technologies extends its AC Energy Solutions portfolio further advancing its "Beyond the Panel" strategy.
Maxeon Solar Technologies extends its AC Energy Solutions portfolio further advancing its "Beyond the Panel" strategy.

"Today’s customers are increasingly demanding, they expect top quality and peace of mind from their solar systems," said Jeff Waters, Chief Executive Officer at Maxeon Solar Technologies. "These are the main reasons behind the success of our first AC panel under the Maxeon product line. Maxeon 5 AC panels are currently available in seventeen European countries and Australia where we see strong demand. The addition of a Performance line AC panel will enable us to tackle different market segments with a value line business proposition. The new Performance 3 AC panel continues Maxeon’s strategy to expand its Distributed Generation (DG) business to go ‘Beyond the Panel’ – leveraging our unique trained channel partners and their ability to translate our significant technology differentiation into compelling customer benefits across the many markets we serve."

The new Performance 3 AC panel offers installers more efficient installations, simplified logistics and stock management and more flexible system designs. For homeowners, this advanced solar solution can provide a system designed to maximise power output on their home’s unique roof and offers superior reliability in real-world conditions like weather events and shade. Furthermore, the AC architecture gives the flexibility to expand the solar system as energy needs evolve, accommodating EV charging, AC storage, the electrification of home appliances and more.

Assessing their experience with the AC solutions from Maxeon Solar Technologies, Jos Eisberg, CEO at Voltark, a German SunPower Premier Partner, says: "We pride ourselves to be at the forefront of solar technology, offering residential customers our expertise combined with the most innovative solar products for their homes. The AC Energy Solutions from Maxeon have consistently raised the bar for quality, reliability, and durability. For our customers, this innovative concept means maximized energy production regardless of the type and size of roof or space constraint. For us, the AC solution has translated into a faster and easier installation, with lower levels of maintenance required. An all-AC system is peace of mind for us and our valued customers, who can also benefit from 25 years of category-leading warranty protection."

Assessing their experience with the AC solutions from Maxeon Solar Technologies, Jos Eisberg, CEO at Voltark, a German SunPower Premier Partner, says: "We pride ourselves to be at the forefront of solar technology, offering residential customers our expertise combined with the most innovative solar products for their homes. For our customers, the AC solution means maximized energy production regardless of the type and size of roof or space constraint. For us, this innovative concept has translated into a faster and easier installation. An all-AC system is peace of mind for us and our valued customers, who can also benefit from 25 years of category-leading warranty protection."

AC modules have had early success in Australia as well. Keera Single, CEO at Solargain, a SunPower Elite Partner, said "SunPower AC panels offer proven performance in Australia’s tough climate, paired with the flexibility of each panel operating independently. Along with the 25-year on-roof product warranty, AC Energy Solutions from Maxeon appeal to even the most demanding customer."

"In addition, SunPower AC Energy Solutions offer a unique solution to customers who may have not been qualified for a conventional string system, so it’s a great opportunity for us to reach new customers. We are excited to add the Performance 3 AC panel to our product offering to ensure we are providing the highest quality solar systems to our Australia-wide market." Single concluded.

"We believe that our AC Energy Solutions’ unique value proposition of advanced technology, higher energy yield and proven reliability, combined with our knowledgeable channel partners, is a key growth driver in our global DG business. We are excited about the market potential we are unlocking with this platform and are convinced that these products will help drive accelerated adoption of solar energy among home-owners to continue Powering Positive Change." concluded Waters. 

The new Performance 3 AC panel will be presented to the public during The smarter E Industry Days 2021, on July 23, 2021. Click here for more information and to register to the event.

About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The Company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,200 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive Change™ visit us at www.maxeon.com, on LinkedIn and on Twitter @maxeonsolar.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the anticipated product launch timing and our expectations regarding ramp, customer acceptance and demand, market traction, upsell and expansion opportunities; the Company’s estimates of the size of new markets and the Company’s expectations of the timing and success of its expansion strategy in existing and in new markets; the Company’s expectations and plans for short- and long-term strategy, including our anticipated areas of focus and investment, market expansion, product and technology focus and projected growth and profitability. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements.  A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission ("SEC") from time to time, including our most recent report on Form 20-F, particularly under the heading "Item 3.D. Risk Factors." Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website at https://corp.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

© 2021 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks  for more information.

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PR Newswire

KYMCO and Taiwan Taxi Announce Partnership to Electrify Taiwan’s Largest Two-wheeler B2B Delivery Fleets with Ionex

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TAIPEI, July 9, 2021 — KYMCO announced a strategic partnership with Taiwan Taxi to transform the 26,000 two-wheeler delivery fleets operated by its subsidiary GBG Express to Ionex electric vehicles. GBG Express is the largest B2B delivery company in Taiwan specializing in last-mile delivery. It has 40,000 corporate clients from more than 100 industries, including most of Taiwan’s leading on-line retailers.

CBG Express will use a digital technology platform to ride on KYMCO lonex electric motorcycles
CBG Express will use a digital technology platform to ride on KYMCO lonex electric motorcycles

An integral part of the partnership will be KYMCO’s deployment of dedicated Ionex battery swapping stations at GBG Express operation centers across Taiwan. Both companies will jointly develop Ionex electric vehicles optimized for delivery purposes and promote viable incentive schemes to accelerate EV adoption of GBG Express’s rider partners.

"KYMCO Ionex is the leading EV turnkey solution that empowers all businesses and governments to go electric," said Allen Ko, Chairman of KYMCO Group. "The partnership with Taiwan Taxi is another important testament of KYMCO’s commitment to lead the world in bringing the electric era to every rider."

"The partnership with KYMCO creates a win-win situation for everyone," said Gary Lin, Chairman of Taiwan Taxi Group. "It demonstrates our continuous efforts to seek new opportunities to better service to our riders and customers, as well as to build an environmentally sustainable transport network with leading strategic partners and pioneering technologies."

KYMCO is on an accelerating path to building the largest battery swapping network in Taiwan. With the addition of the in-house battery swapping stations deployed for GBG Express, the partnership aims to electrify more than 50% of the 26,000 GBG Express rider partners to Ionex electric vehicles by 2023.

ABOUT KYMCO

KYMCO is one of the global leading powersports brands. KYMCO’s mission is to create personal vehicles that win the hearts of consumers all over the world. KYMCO always goes above and beyond to bring to customers the most thoughtful riding experience for everyday life. KYMCO’s current product range includes scooters, motorcycles, mobility scooters, ATVs and utility vehicles.

www.kymco.com  

ABOUT TAIWAN TAXI

Taiwan Taxi is the largest taxi service company in Taiwan, managing 22,000 taxies, servicing 350,000 customers per day and accounting for 24% total market share. Beyond taxi services, Taiwan Taxi has used advanced technologies to build upon its vast network of taxies to provide services that take care of the daily needs of both consumers and businesses.

www.taiwantaxi.com.tw

Related Links :

https://www.kymco.com

PR Newswire

EcoFlow to Launch Industry-First Portable Home Battery on Kickstarter this July

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The DELTA Pro ecosystem can meet up to one week’s of an average family’s emergency power needs

IRWINDALE, Calif., June 30, 2021 — EcoFlow, a portable power and renewable energy solutions company, announced today it will unveil the EcoFlow DELTA Pro portable home battery on Kickstarter on July 15. The DELTA Pro will be the largest capacity battery EcoFlow has launched to-date, with a base capacity of 3.6kWh that can be expanded to 25kWh – enough to meet an average family’s energy need for almost one week of emergency use. It will be the industry’s first portable home battery to harness multiple power sources – the grid, solar, wind and gas.

The DELTA Pro ecosystem (Not to scale)
The DELTA Pro ecosystem (Not to scale)

Pre-orders will be live on the Kickstarter page and EcoFlow’s website, with fulfillment to be processed later this year.

"What separates the DELTA Pro from what’s currently available on the market is that it comes along with a series of add-ons," said Thomas Chen, R&D Director at EcoFlow, "With solar panels, wind turbines, smart generators, and extra batteries, the DELTA Pro can be its own ecosystem and achieve self-sufficiency. This will be critical when it comes to disaster and emergency situations."

EcoFlow is introducing the DELTA Pro into a growing category. The global market has seen an increase in the demand of home battery in recent years. According to Mordor Intelligence, the global residential battery market size will grow at a compound annual growth rate of 6.5% and reach $23.03 billion by 2026.

It is this growing demand that EcoFlow seeks to capture as it launches the DELTA Pro on Kickstarter. Its predecessor, the EcoFlow DELTA, raised over two million dollars during the brand’s 2019 crowdfunding campaign. Coupled with the 2020 launch of the EcoFlow RIVER, these Kickstarters catapulted EcoFlow to become one of the leaders in the portable power industry.

"The connection between EcoFlow and the Kickstarter community is invaluable," said Chen. "It is a community of tech-savvy first adopters who map their own courses – and those are exactly the qualities we see among EcoFlow customers looking to take power into their own hands as they create their home resilience plans. We have supreme confidence the Kickstarter community will react positively to the EcoFlow DELTA Pro, as it is something that hasn’t been done by the industry yet."

PR Newswire

Cyient to Release Mobius, a SaaS-Based Solution for Utility Company Outage Planning and Scheduling, Powered by Microsoft Azure

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– Solution from Microsoft Gold Partner Cyient leverages Microsoft technologies to address challenges faced by utilities industry

HYDERABAD, India, June 15, 2021 — Cyient, a global engineering and technology solutions company, has announced the launch of Mobius, a software-as-a-service (SaaS)-based solution and decision support platform. Mobius—hosted on Microsoft Azure—consolidates the outage planning and approval process within a central location to provide improved information flow for optimizing schedule plans.

Mobius provides customers with:

  • A robust and secure outage planning, scheduling, and visualization system built on a strong communication platform for addressing ongoing and future outages and curtailments
  • Transparency in communicating planned outages to all connections that may be impacted
  • Reduced outages on their network and easy risk/opportunity tracking, helping reduce outage costs that can affect operational budgets

Commenting on the launch, Kimberley Reed, Product Owner at Cyient, said, "We’re excited about the launch of Mobius. Planned network outages are a routine requirement for most utilities. With the growing need for decarbonization initiatives and increasing number of distributed energy resource (DER) customers connecting to existing networks, utilities are faced with the challenge of improved communication and transparency of planned outages with DER customers."

In developing Mobius, Cyient extensively employed the following Microsoft offerings:

    1. Azure DevOps was used to manage the solution backlog and roadmap, enabling continuous enhancement and functionality for Mobius with minimal disruption during customer rollouts.
    2. Azure provides a scalable environment to offer Mobius as a SaaS solution by boosting connectivity among corporate users and accounts, as well as between external DER customers and network planners.
    3. Azure Portal is employed to manage application elements.
    4. Azure Blob Storage is used to store outages and site attachments so they can be created and viewed by all users in a centralized location.
    5. Azure Application Insights and Dashboards enables the Cyient product support team via the continuous monitoring of the application and microservices.
    6. Azure SQL Database provides the ability to manage and easily scale the database as required.

"The Microsoft Azure cloud platform was the development back end for Mobius. Integration with Azure DevOps completely removed any manual deployment tasks and provided a repeatable deployment process that enabled Cyient to focus on testing, with the certainty that any issues after deployment would be the result of code changes rather than missed dependencies during deployment," Reed explained. "Azure DevOps provided a centralized tool to enable us to manage our product backlog, define sprints, and store our code in the Git-backed code repository. This greatly simplified the product release process and subsequent rollout to customers and end-users."

Learn more about Mobius here.

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and digital technology solutions company. As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems. 

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, medical technology and healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial products, and energy and utilities.

Rudra Bose | Satyaki Maitra 

Cyient Press Office – Genesis BCW 

+91 9811626585 | +91 99580 41503

rudra.bose@genesis-bcw.com | satyaki.maitra@genesis-bcw.com

 

Devina Wallang | Michelle Lobo

Cyient PR Team 

+91 7829673285 | +91 9833307424

devina.wallang@cyient.com | michelle.lobo@cyient.com

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Related Links :

http://www.cyient.com

PR Newswire

Recon Technology Announces Pricing of $55.0 million Registered Direct Offering

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BEIJING, June 14, 2021 — Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today it has entered into a securities purchase agreement with certain accredited investors on June 14, 2021 to purchase $55.0 million worth of its Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) in a registered direct offering, and Class A ordinary shares warrants in a concurrent private placement.

Under the terms of the securities purchase agreement, the Company has agreed to sell 8,814,102 Class A ordinary shares or pre-funded warrants in lieu thereof, and warrants to purchase up to 8,814,102 Class A ordinary shares in a concurrent private placement transaction. The pre-funded warrants have an exercise price of $0.01 per share and will be exercisable immediately upon the date of issuance until they are exercised in full. The pre-funded warrants will be issued to certain purchasers who have elected to purchase them in lieu of Class A ordinary shares in this offering, as those purchasers would otherwise have exceeded 9.99% (or such lesser percentage as required by the investor) beneficial ownership of our Class A ordinary shares immediately following the offering. The ordinary share warrants will be exercisable immediately upon the date of issuance and have an exercise price of $6.24. The ordinary share warrants will expire five and a half years from the date of issuance. The purchase price for one ordinary share (or pre-funded warrant in lieu thereof) and a corresponding ordinary share warrant will be $6.24. The gross proceeds to the Company from this registered direct offering are estimated to be $55.0 million before deducting the placement agent’s fees and other estimated offering expenses. The registered direct offering is expected to close on or about June 16, 2021, subject to the satisfaction of customary closing conditions.

Maxim Group LLC ("Maxim") is acting as the sole placement agent in connection with this offering.

The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC) dated November 13, 2019, and declared effective on November 26, 2019, and Form F-3MEF filed thereafter. A prospectus supplement related to the offering will be, filed with the SEC and available on the SEC’s website at http://www.sec.gov. Copies of the prospectus supplements relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About Recon Technology, Ltd.

Recon Technology, Ltd. (NASDAQ: RCON) is China’s first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China’s largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, Recon has taken leading positions on several segmented markets of the oil and gas filed service industry. Recon also has developed stable long-term cooperation relationship with its major clients. For additional information please visit: www.recon.cn.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, whether we will sign any additional contracts with the North China Branch, the final revenue from providing services to the North China Branch, actual results of our solutions in the field, levels of spending in our industry as well as consumer confidence generally; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

For more information, please contact:
Ms. Liu Jia
Chief Financial Officer
Recon Technology, Ltd
Phone: +86 (10) 8494-5188
Email: info@recon.cn

 

Related Links :

http://www.recon.cn/

PR Newswire

JinkoSolar Recognized as “Overall High Achiever” in RETC’s 2021 PVMI Report

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SAN FRANCISCO, June 14, 2021 — 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 it has been recognized as an "Overall High Achiever" in Renewable Energy Testing Center’s ("RETC") 2021 PV Module Index Report for the second consecutive year. JinkoSolar is one of only 5 module manufacturers to receive this status in 2021.

RETC’s PVMI Report compiles and ranks its independent test data, identifying the industry’s leading PV module manufacturers and technologies. The report also highlights industry trends and features a section on "Evaluating Large-Format Modules" (LFM). The list of LFM benefits include a significant increase in power, lower production costs at a manufacturing level, lower in-field labor costs, and potential BOS savings. Additionally, the report advises that not all large format modules are created equal, with some modules having the same glass thickness as its predecessors. RETC’s hail durability test indicates that modules with thicker front-side glass are more resilient to large-diameter hail stones. JinkoSolar’s modules are manufactured with 3.2mm front side glass, and is proven to withstand 55mm hailstones at 34m/s according to RETC’s test data.

"We are proud to receive this recognition again," said Nigel Cockroft, General Manager of JinkoSolar. "Our rigorous in-house quality control standards and validation from third-party labs like RETC gives our customers around the globe confidence that they are receiving high performing, reliable modules."

"Congratulations to JinkoSolar for once again becoming an RETC ‘Overall High Achiever’. We appreciate their continued partnership, and are proud to support JinkoSolar by providing key metrics highlighting their module quality, performance and durability. Our testing data has confirmed that JinkoSolar’s PV modules are great at withstanding extreme weather conditions such as hail," said Cherif Kedir, President and CEO of RETC.

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 22 GW for mono wafers, 11 GW for solar cells, and 31 GW for solar modules, as of December 31, 2020.

JinkoSolar has 9 productions facilities globally, 23 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, 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, as of December 31, 2020.

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

Related Links :

http://www.jinkosolar.com

PR Newswire

Recon Updates Progress on its Technology-Driven Solutions for Electric Submersible Progressing Cavity Pump with $5 Million Orders Secured

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BEIJING, June 11, 2021 — Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary, Beijing BHD Petroleum Technology Limited, signed two contracts with North China E&P Company (the "North China Branch") of China Petroleum & Chemical Corporation ("Sinopec"). Pursuant to these two contracts, the Company has provided technical service with ultra-deep electric submersible progressing cavity pump ("ESPCP") to one gas well at the Dongsheng Field of the Second Gas Production Plant (the "Plant No. 2") of the North China Branch and will provide the same service to another gas well at the Plant No. 2. Total amount of these two contracts is RMB 3,277,000 (approximately $0.51 million).

Management Statement

"We are extremely excited to make more breakthroughs in the ultra-deep submersible progressing cavity pump business," said Mr. Guangqiang Chen, founder and CTO of Recon, "Since last year when we signed a contract with the North China Branch and completed our first trial, we have now signed service contracts for RMB5.077 million (approximately $0.8 million) with the North China Branch for three gas wells. We are in the process of communicating with the North China Branch for ESPCP and related services for 15 more wells and expect to complete services by the end of calendar year 2021. Added together, we expect these services will bring us about $5 million of income."

Mr. Chen continued, "Beyond our own AI-based technology, we further integrated and upgraded downhole gas-liquid separation metering technology with equipment such as the ultra-deep screw pump from National Oilwell Varco Inc. (NYSE: NOV) and the downhole multi-parameter sensing devices from Power Max Petroleum Technologies Ltd, a Canada based company. We completed the construction for one gas well at Plant No. 2 with our comprehensive solution by April 16, 2021. According to our observation and testing for almost two months, the drainage and gas boosting effect has been stable, and the production status of the whole set of equipment has been reliable. Without this solution, submersible pumps used by oil companies generally have a working life cycle of only three months, after which time sand jams and equipment wear tend to result in interruption of gas well production. As a result, oil and gas companies incur costly inspection and repair fees. Our solution is expected to guarantee stable operation for more than one year, thus saving the high inspection and repair service costs, equipment and accessories replacement costs, electricity costs and sewage treatment costs. Taken together, our solution can help our clients increase their margin by up to 40%. We held an on-site technical exchange and promotion meeting with the North China Branch on May 20, 2021 and we were told that the North China Branch will promote our ultra-deep screw pump same well recovery and injection technology to all the new gas wells to be invested by the North China Branch. In the future, we plan to continue upgrading our technology in the same well recovery and injection business to provide more value-added services to our clients, and bring more long term returns to the Company."

About Recon Technology, Ltd

Recon Technology, Ltd (NASDAQ: Recon) is China’s first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China’s largest oil exploration companies, Sinopec (NYSE: SNP) and The China National Petroleum Corporation ("CNPC"), with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, Recon has taken leading positions on several segmented markets of the oil and gas filed service industry. Recon also has developed stable long-term cooperation relationship with its major clients. For additional information please visit: www.recon.cn.

Forward Looking Statements 

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, whether we will sign any additional contracts with the North China Branch, the final revenue from providing services to the North China Branch, actual results of our solutions in the field, levels of spending in our industry as well as consumer confidence generally; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

For more information, please contact:

Ms. Liu Jia
Chief Financial Officer
Recon Technology, Ltd
Phone: +86 (10) 8494-5188
Email: info@recon.cn

Related Links :

http://www.recon.cn/

PR Newswire

Growatt wins TÜV Rheinland’s All Quality Matters Award for its ARK battery

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SHENZHEN, China, May 8, 2021 — Growatt’s ARK battery achieves outstanding performance in TÜV Rheinland’s PVE Test Program and wins All Quality Matters Award at Solar Congress 2021. The Award recognizes Growatt’s first-rate battery energy storage solution for residential use.

Growatt wins TÜV Rheinland’s All Quality Matters Award for its ARK battery
Growatt wins TÜV Rheinland’s All Quality Matters Award for its ARK battery

"At Growatt, our team is dedicated to product innovation and focuses on product quality. And we’re very pleased that Growatt’s ARK battery is recognized by TÜV Rheinland for its outstanding safety and reliability performance," said Lisa Zhang, Growatt Marketing Director.

In TÜV Rheinland’s test program, ARK battery is given All Quality Matters Award for achieving first-rate performance in various safety and reliability tests including charge/discharge cycling performance test, initial charge/discharge energy measurement, battery high rated charge/discharge performance test and high/low temperature charge/discharge performance test.

Growatt is one of the few manufacturers in the industry that develops its own storage batteries and hybrid inverters and provides entire solar energy storage solutions. The company’s R&D team also develops its own Battery Management System (BMS) and hybrid inverter to provide multi-level protections for solar energy storage systems.

Growatt’s ARK battery uses cobalt-free Lithium-iron-phosphate (LFP) materials for improved safety. The company adopts modular design for ARK battery, which not only makes installation easy but provides substantial flexibility of storage capacity for customers.

To deliver excellent customer experience, Growatt provides one-stop service and technical support for its solar PV and battery storage solution. "In addition to that, we are able to improve service efficiency by using our monitoring solutions for software upgrade, remote troubleshooting and more, and reduce operation and maintenance (O&M) expenses for installers," Zhang concluded.

About Growatt
Growatt is a global leader of smart energy solutions and provides residential, commercial and large scale PV inverters, energy storage, microgrid systems and smart energy management solutions. Growatt ranks among global top 10 PV inverter suppliers according to IHS Markit and Wood Mackenzie. Founded in 2010, Growatt has established an extensive network with 20 branches worldwide. By the end of 2020, Growatt had shipped over 2.6 million inverters to more than 100 countries around the world.

Contact: Whiskey Lu, whiskey.lu@growatt.com

Related Links :

http://www.growatt.com