Tag Archives: UTI

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

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: ir@jinkosolar.com

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com

In the US
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Cision View original content:http://www.prnewswire.com/news-releases/jinkosolar-announces-appointment-of-chief-human-resources-officer-301075025.html

Source: JinkoSolar Holding Co., Ltd.

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.

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Source: ReneSola Ltd.

Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

Greg Tarr will lead strategy, corporate development, business development, product planning and new ventures

IRVINE, California, June 8, 2020 /PRNewswire/ — Greg Tarr has joined Karma Automotive as Chief Strategy Officer (CSO). 

Greg Tarr, Chief Strategy Officer, Karma Automotive
Greg Tarr, Chief Strategy Officer, Karma Automotive

As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and product development. A new range of battery electric vehicles (BEV) starting with the all-electric Karma Revero GTE launches in Spring 2021.

“As Karma moves beyond the traditional automotive business model, we continue to seek a diverse range of talent who exhibit the disruptive strategies and entrepreneurial mindset adopted in tech hubs such as Silicon Valley,” says Dr. Lance Zhou, CEO, Karma Automotive. “Greg’s leadership experience in Silicon Valley automotive and mobility startups, global network, venture capital and Toyota background will be a valuable asset to Karma’s executive team.”  

“Karma is reinventing the luxury electric category with innovation. Karma products intersect new mobility innovation, iconic/exclusive design and bespoke craftsmanship which converge to create the next generation of luxury electric cars, supercars and SUVs,” says Tarr. “Karma will leverage its vast intellectual property portfolio and Southern California manufacturing facility, KICC, to partner with large OEMs and cutting edge startups to deliver the future of mobility for an enhanced customer experience.”

Greg’s past leadership roles include: Corporate Venture Capital: Vodafone China,  Singtel’s Globe Telecom, Axiata Group and Rogers Communications, Startups: Glympse- Board of Directors/CSO, Automatic Labs- CSO (M+A- Sirius XM) , Networks in Motion- VP Asia (M+A- TCS), Jibe- Board of Directors (M+A- Google), RX Networks- Board of Directors (M+A- Bluestar China), Kodiak Networks VP Asia (M+A- Motorola), Admobius- Seed Investor/Founding Member-Board of Directors (M+A- Lotame), Shanghai Linktone (Nasdaq), SmartPay China (M+A- Ping An insurance),  Deutsche Bank- Head of Asian Technology Equity Research, Toyota’s USA HQ Technical Customer Service.

Greg has lived globally over a decade in Greater China, Japan, Korea, Vietnam, Singapore, Sweden, Canada and is originally from New York City.

About Karma 

Southern California-based Karma is more than just a car company. Although we are best known as a creator of soul-stirring luxury electric vehicles, Karma produces commercial vehicles and automotive technology platforms. Founded in 2014, Karma is reinventing the traditional retail-based automotive business model by opening its engineering, design, customization and manufacturing resources to other companies looking to speed product development, access new technology, or make their products more luxurious. The Revero GT, Green Car Journal’s 2020 Luxury Green Car of the Year™ is a luxury electric vehicle powered by dual electric motors that embodies Karma’s goals of offering leading automotive design, technology, customization and an outstanding customer experience. Our retail partners in North America are now delivering the Revero GT to retail customers and will begin offering a performance version, the Revero GTS, later in 2020. Every Revero is created with great individual care and world-class craftsmanship at the Karma Innovation and Customization Center in Moreno Valley, Calif. For more information, visit www.karmaautomotive.com, or www.karmanewsroom.com.

Photo – https://techent.tv/wp-content/uploads/2020/06/karma-automotive-names-new-chief-strategy-officer-to-drive-corporate-growth-1.jpg 

Logo – https://techent.tv/wp-content/uploads/2020/06/karma-automotive-names-new-chief-strategy-officer-to-drive-corporate-growth.jpg 

Absen Scoops 2020 Red Dot Award for New Champion Rental Staging LED Series

SHENZHEN, China, June 8, 2020 /PRNewswire/ — Leading global LED manufacturer Absen (SZSE:300389) is proud to announce they have won the coveted Red Dot Product Design award for their latest rental staging LED solution, the Venus (VN) series.

Red Dot winner 2020 - Absen Venus Series
Red Dot winner 2020 – Absen Venus Series

The Red Dot Design Award is one of the most sought-after international seals of quality for good design. Established in 1955, the Product Design award is presented to the best products created each year, as decided by a jury of 40 international experts on product innovation.

Winners of the award are judged on a range of elements, including innovation, functionality, quality, and ecological compatibility. Commenting on the winning VN Series, the Red Dot Award’s jury praised “a particularly high flexibility and durability which makes the Venus series universally applicable in various usage scenarios.”

“We’re delighted to have been presented a Red Dot award for Product Design,” said Amy Tang, VP of product at Absen. “The VN Series was designed with users in the field in mind every step of the way. Not only does the product deliver a visually stunning performance, it is radically different to what is currently available on the market and will see customers save on weight and cost, without compromising on the performance of the product”.

The Venus series is an innovative LED display specifically designed for concerts and festivals due to its ability to create super-sized screens at speed. The product features a highly unique integrated ‘module-on-frame’ design, which has removed the need for a sub-frame and is 27% lighter than competing solutions, allowing creative teams to cut back on weight, save cost and build even bigger LED walls than before – up to 20 metres in height.

The series has been designed with the crew’s safety and convenience in mind. With its carbon fibre pipes with anti-slip coatings to ensure safety of climbers, and additional safety hooks so riggers can secure themselves at every step of the building process, as well as the ability to withstand gale force winds of up to level 8, the VN series is one of the safest rental staging LED solutions on the market.

The VN Series is available in two standard sizes: 1,500mm(W) x 1,000mm(H) and 500mm x 1,000mm, in order to allow for fully customised options. It is available in 3.9mm, 4.8mm and 8.3mm pixel pitch versions, boasting up to 5000nits brightness and black face LED. The VN Series also allows for concave and convex curving options for highly creative videowall designs; with horizontal free-adjustable variances of -10 to +10 degrees, allowing fixed positioning at -10°, -5°, 0°, +5° and +10°.

About Absen:

Absen is a leading global LED display manufacturer offering professional indoor, outdoor, fixed and rental LED products and solutions. As the largest Chinese LED exporter for eleven consecutive years, Absen is present in over 120 countries and regions and has been instrumental to over 30,000 successful projects worldwide to date.

Photo – https://photos.prnasia.com/prnh/20200608/2822551-1?lang=0

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: ir@jinkosolar.com

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com  

In the US

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

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Source: JinkoSolar Holding Co., Ltd.

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

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.

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Source: ReneSola Ltd.

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: ir@jinkosolar.com

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

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Source: JinkoSolar Holding Co., Ltd.

Shanghai Electric Accelerates Industrial Digitalization with Upgrades to SEunicloud

SHANGHAI, May 31, 2020 /PRNewswire/ — Shanghai Electric, the world’s leading manufacturer and supplier of power generation and industrial equipment, announced upgrades to the company’s digital solution platform SEunicloud in a hope to accelerate the evolution of work and retool the industry.

Developed by Shanghai Electric Digital Technology Co., Ltd and officially launched in 2019, the platform is deployable across various scenarios, including intelligent wind power operation, remote thermal power operation, machine tool maintenance, energy storage and distribution. The platform has been providing efficient solutions including troubleshooting, remote operations, maintenance, and energy planning to meet demands in the various scenarios.

The Shanghai Electric’s intelligent supply chain solution of the SEunicloud platform is designed to match factory production with power plant demand directly. The company has established 1781 procurement projects online, with a final bid amount of more than 800 million yuan since the resumption of work in February.

As an advanced multi-faceted digital platform, users can accelerate the process of reconstruction by resolving the stress of a tight supply chain by remotely running equipment diagnostics, procure and manage supply chains and monitor supplier contracts, source bidding, online purchasing and order coordination. The intelligent supply chain platform also provides matching between sellers and buyers through historical data analysis in the procurement pricing process and automatically tracks and documents suppliers’ historical performance, factoring them into the overall supply chain management process for due diligence.

The DES-PSO energy planning solution of the SEunicloud platform is co-developed by Shanghai Electric Distributed Energy Co., Ltd and Lawrence Berkeley National Laboratory. The solution features design & planning, investment analysis and risk assessment functions, allowing customers to evaluate the financial viability of large-scale energy production projects before commissioning their construction. 

The Shanghai Electric E-Commerce solution of the SEunicloud platform covers 90% of the power plant “must-have” spare parts product list and is a one-stop platform equipped with spare parts, maintenance services, transformation optimization and more. It can facilitate the online delivery of more than 22,000 spare parts products and 70 standard repair packages—all at near factory price. Customers can use a standardized format for requirements. This improves the transaction efficiency by streamlining the communication process between buyers and sellers. Through big data analysis, the E-commerce platform stimulates the hope of incubating an integrated data-driven solution for intelligent and customized products and services.

“Under the big picture of ‘new infrastructure’, Shanghai Electric is leveraging its competitive advantage in big data in multiple pipelines, and paving the way for an integrated platform-based solution for the whole power industry,” said Huang Ou, the Director and President of Shanghai Electric Group, “Our goal is to empower enterprises across different industries with this technology in the foreseeable future”.

About Shanghai Electric
Shanghai Electric Group Company Limited (SEHK: 02727, SSE: 601727) is principally engaged in the designing, manufacturing and sale of power equipment and industrial equipment. It focuses on Energy Equipment Business including manufacturing and sale of coal-fired power generation equipment, gas-fired power generation equipment, nuclear power equipment, wind power equipment, energy storage equipment, high-end chemical equipment, power grid and industrial intelligent power supply system solutions, Industrial Equipment Business including production and sale of elevators, medium and large-sized electric motors, intelligent manufacturing equipment, industrial basic parts, environmental protection equipment, construction industrialization equipment and the Integrated Services Business including energy, environmental protection and automation engineering and services, industrial internet services, financial services, international trade services, high-end property services, etc.

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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: jaylon.brinkley@frost.com    
T: 210.247.2481

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