Heraeus Photovoltaics and JinkoSolar sign strategic partnership to develop next gen of super Solar PV cells

Heraeus  Photovoltaics,  the worldwide leading  supplier  of  metallization solutions  to  the  PV  industry, announced  that  it  has  signed  a comprehensive  strategic  partnership agreement  with JinkoSolar  Holding Co.,  Ltd. 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. Another  key  element  of  the  agreement  will  be to collaboratively  support   the Chinese government’s  Belt  and Road  Initiative.  JinkoSolar  has  sped up its  overseas  expansion to  implement  the development  strategy  of  Global Sales  to Global  Manufacture and to  Global  Investment.  As  the  first overseas  PV  factory  established by  a  Chinese company  with the  largest investment  of  its  kind,  JinkoSolar’s  factory  in Malaysia has  registered a  cell capacity  of  1.5GW  and a module capacity  of  1.5GW,  accounting for  about 15%  of  the  company’s  production  value. Mr.  Kangping noted,  “The new  energy  industry  is  one  of  the key  areas  of cooperation in the Belt  and  Road strategy.  With increased competitiveness, new  energy  companies  in  China,  including  PV  companies,  have spared no efforts  to explore overseas  markets  and expedited their  global  operations, We are very  honored  to receive such strong support  from  Heraeus Photovoltaics  as  our  global  partner  throughout  this  process.“  Mr.  Liebheit added  that  capitalizing  on  growth opportunities  requires  the ability  to maximize strategic  partnerships.  “Innovation and a strong,  stable  product footprint  are critical,  but  successful  collaboration  is  the  third  leg  of  the stool,”  he said.  “This  partnership is  a  win for  both  companies:  it  will  bring together  the best  and brightest  technical  minds  from  both companies  to accelerate innovation and help  us  advance the adoption and growth of solar  energy  worldwide.”