Heraeus Photovoltaics and JinkoSolar sign strategic partnership to develop new generations of super PV cells
SHANGHAI, China- September 4, 2017- Heraeus Photovoltaics, the worldwide leading supplier of metallization solutions to the PV industry, announced today that it has signed a comprehensive strategic partnership agreement with JinkoSolar Holding Co., Ltd. (JinkoSolar), a global leader in the solar industry, to jointly develop new-generation Super PV Cells with higher efficiency and lower costs. Additionally, the agreement will include exploring energy markets along the Belt and Road regions in China.
Mr. Chen Kangping, CEO of JinkoSolar pointed out, “As one of our key partners, Heraeus Photovoltaics has provided great support to JinkoSolar’s growth over the past three years, and helped us to rank No. 1 with a global PV modules shipment of 6.7GW in 2016. With our shared envision and firm commitment to renewable energies, we are excited to sign this landmark agreement with Heraeus Photovoltaics, and convinced that our cooperation will lead to more fruitful results.”
The agreement is in alignment with the Heraeus vision to provide innovation and support across the PV production value chain. Andreas Liebheit, President of Heraeus Photovoltaics, said, “This is the third time our companies have signed a strategic partnership, and it sets a new benchmark of successful cooperation between upstream and downstream companies for the ever-changing and challenging PV industry. We believe that with a closer cooperation between the two leading companies, PV is expected to become the most economical and widely used energy form in the near future.”
Since the two companies began working together in August 2015, JinkoSolar has been exclusively using front-side silver pastes from Heraeus Photovoltaics, while providing strong support for Heraeus Photovoltaics in product innovation. During this partnership, Heraeus launched two new-generation strategic pastes in 2016, SOL9631J and SOL9641J, and offered tailor-made products for mono PERC and black silicon cells for JinkoSolar. As a result, JinkoSolar has successfully improved the efficiency of its PV cells by more than 0.3% and reduced the production cost of the cells by 15% per watt. Heraeus Photovoltaics will accelerate the update of its silver paste products so customers can improve the cell efficiency by 0.2% every year. Heraeus will work with JinkoSolar’s new R&D efforts in efficient black silicon cells and n-type cells are expected to further increase the cell efficiency.