SHANGHAI, Aug. 6, 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 modules passed potential induced degradation (PID) testing conducted by TUV-SUD and the Canadian Standards Association(CSA).
During the testing period, solar modules were exposed to 1,000 volts of negative socket voltage under the condition of 65 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%. Tested Jinko modules have successfully passed the stringent requirements set by TUV-SUD and the CSA to be PID resistant.
While being exposed to hot and humid conditions, hundreds of volts can accumulate between the solar cell and the module frame affecting the power output of the entire solar system. This can lead to potential induced degradation (PID) in a module, resulting in power losses of up to 50%. The PID test conducted by TUV-SUD and the CSA underscores the importance of being PID certified and the effect it has on the life of JinkoSolar products.
"JinkoSolar has become one of the few companies with modules that have successfully passed TUV-SUD and the CSA's high-level tests under the condition of 65 degrees Celsius/85% relative humidity. I am very delighted to see this happen since it is a manifestation of the relentless efforts of all Jinko employees," said Kangping Chen, CEO of JinkoSolar.
"Our customers are increasingly aware of the importance PID plays in the quality of solar modules. PID resistance not only ensures a high power output, but also improves the safety of our solar modules. This is another demonstration of JinkoSolar's high product quality and reliability, especially under extreme outdoor conditions," JinkoSolar's Chief Marketing Officer Arturo Herrero added.
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 6, 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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6106 1792
Email: [email protected]
SOURCE JinkoSolar Holding Co., Ltd.