SHANGHAI, Aug. 20, 2012 /PRNewswire-Asia/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that the Company's polycrystalline modules passed PID test at 85 Degrees Celsius/85% relative humidity, following the success of passing potential induced degradation (PID) test at 65 Degrees Celsius weeks ago. This achievement has made JinkoSolar the first company that passed both forward and reverse bias voltage tests under 85 Degrees Celsius/85% relative humidity, and was awarded with "Anti-PID" certificate at this condition by TUV-SUD.
During the testing period, solar modules were exposed to 1,000 volts of bias voltage under the condition of 85 Degrees Celsius/85% relative humidity. In order to pass this extreme test, the maximum degradation of power output between initial and final measurement should not exceed 5%. The tested Jinko modules have successfully passed the stringent requirements set by TUV-SUD.
"85 Degrees Celsius temperature /85% relative humidity is harshest known condition of PID test. Passing anti-PID test in this extreme environment solidly demonstrates the high quality of our selected base materials and encapsulation components, as well as our strict quality control of each production process. In addition, our consistent investment in R&D contributes to our success in PID tests and ensures the stable output of JinkoSolar's PV systems over a 25+ year life time," said Kangping Chen, CEO of JinkoSolar.
"The benefit to our customer is that PV systems built with our modules generate long-lasting top yields with the lowest PID power loss even under the most adverse conditions. This will ensure our customers the lowest claim rate and the shortest return on investment. This improvement in both performance and quality reliability is in line with our constant commitment to customers to keep 'Building your Trust in Solar'," JinkoSolar's Chief Marketing Officer Arturo Herrero added."PID is one of the phenomena that impose the biggest negative effects on the power output of solar plants. It is also a matter of great influence for buyers and investors since basic TUV certificates cannot meet their increasingly demanding and professional requirements," commented by Mr. Hailiang Xu, manager of PV Business Unit of TUV-SUD. "We are very pleased to see this achievement made by JinkoSolar. It assures us of the increasing awareness of Chinese solar manufactures to pursue the top quality of their products. TUV-SUD will continue to roll out programs that pose big challenges to the quality of solar products, which will help buyers identify the best suppliers and solar manufacturers gain stronger brand recognition in the solar market. " About JinkoSolar JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a leading solar power product manufacturer with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai, China; Singapore; Munich, Germany; San Francisco, U.S.; Queensland, Australia; Ontario, Canada; Bologna, Italy; Montpellier, France and Zug, Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2GW each for silicon ingots, wafers, solar cells and solar modules as of March 31, 2012. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions. Safe Harbor Statement This news release may contain 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 "anticipates," "believes," "estimates," "expects," "future," "intends," "plans," "will," and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on Form 20-F for the year ended December 31, 2011 filed with the Securities and Exchange Commission on April 18, 2012, as amended on April 19, 2012. All information provided in this news release is as of August 20, 2012. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. For media inquiries, please contact:
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV