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JINERGY joins hands with Rixin Technology to create a new development model of PV industry

During the “13th Five Year Plan”, photovoltaic industry will greet its golden development period. It is estimated that our nation’s annual installed capacity of photovoltaic power generation will reach 15GW to 20GW, keeping the strongest growth in the world. In order to gripe the strategic chance of the explosive growth of new energy industry, two innovative enterprises of new energy industry - Jinneng Clean Energy Technology Ltd. (hereinafter referred to as “JINERGY) and Wuhan Rixin Technology Co., Ltd. (hereinafter referred to as “Rixin Technology”) signed a strategic cooperation agreement on the “JINERGY Developer Forum” during the “SNEC 10th (2016) International Photovoltaic Power Generation (Shanghai) Exhibition and Forum” held in May, 2016.

Both companies would like to complement each other with advantages, and expand wide domestic and abroad new energy market together by forging the strategic alliance. Through sharing and integrating resources and advantages of both companies in financing, technology, market channel, project development and other aspects, JINERGY and Rixin Technology are expected to realize quick breakthroughs in domestic and abroad PV projects, PV poverty alleviation projects, the development, establishment, and operation of utility-scale ground-mounted projects and distributed PV installations.

One of the important contents of the two companies’ strategic cooperation is the vigorous development of PV poverty alleviation project, which is an effective method to explore “precise poverty alleviation” as well as an important work promoted by National Energy Administration and the State Council Leading Group Office of Poverty Alleviation and Development. Depending on the advanced module products up to the standard of “Front Runner” program of JINERGY and years of experience in the development, establishment, and operation management of Rixin Technology PV power station, the two companies will conduct further cooperation to carry out PV poverty alleviation work. As the responsibility of an enterprise, to early realize the goal of “eliminate poverty, improve people’ livelihood, and realize common wealth”, JINERGY and Rixin Technology help solve the problems of no power in indigent regions and no income of poor families through “conscience project”.

 

On SNEC 9th SNEC Exhibition and Forum in last year, personages of all circles reached an agreement that PV industry of China should go out and actively promote overseas market. Conforming with development trends of the industry, through innovation and cooperation in capital operation and technology, JINERGY and Rixin Technology worked together to explore and create global cooperation model, make a globalized PV eco-system. Next, the two companies would carry forward technology cooperation research and demonstration project of Sino-US energy efficient buildings, speed up the globalization process of Chinese PV industry, i.e. “technology + innovation + brand”, promote the development of Chinese clean energy business.

 

About Wuhan Rixin Technology Co., Ltd.

 

Wuhan Rixin Technology Co., Ltd. (stock code: 835679) is a national high-tech enterprise engaging in research and development, manufacture, integrated application and services of PV products. Established in 2001, the company was located in “Chinese Solar Valley”. Currently it owns three wholly-owned subsidiaries, many holding subsidiaries and two manufacturing bases. As the R&D platform of Hubei PV Engineering Technology Research Center featuring production, teaching and research, Rixin Technology brings in Hubei Provincial High Technology Industry Investment Co., Ltd., Cinda Asset, China Merchant Bureau, China Gaoxin Investment Group and other strategic investors.

 

Taking cooperative partnership as the foundation, Rixin Technology positions itself as a whole industrial chain solution provider regarding BIPV “PV + Finance + Upgrading”. It is also the manufacturer of solar cell module and solar lighting products, BIPV integrator of PV system, and service provider of PV power station. Through more than ten years’ exploration and practice, Rixin Technology has gained the comprehensive ability of providing solar power solution for all kinds of clients.

 

Adhering to the concept of “cooperation, innovation, honesty and service”, Rixin Technology provides clean solar power for the society continuously, bringing PV power into thousands of households, trying to contribute its strength in realizing green earth and harmonious home.

 

About Jinneng Clean Energy Technology Ltd.

 

Jinneng Clean Energy Technology Ltd. (hereinafter referred to as “JINERGY”) is committed to becoming world-leading solar product manufacturer as well as clean energy provider.  Founded on December 31, 2013, JINERGY is under the clean energy business unit of Jinneng Group.

 

The company built a world top 5% most technically- and cost-competent production capacity of cells and modules within a year by bringing in a world-leading R&D, operation management team comprised of specialists recruited by "The Recruitment Program of Global Experts", PhDs returned from U.S.A. and domestic talents in photovoltaic profession and through accurate technical route planning, optimized capacity allocation and efficient operation management.

JINERGY has the production base with annual production capacity of 600MW solar cells and 700MW solar modules in Wenshui, Shanxi province, and it is expected that the capacity of Wenshui base will expand to 1.1GW by the end of June 2016. By the end of 2015, the average efficiency of efficient polycrystalline silicon solar cells produced by JINERGY has exceeded 18.7% with a completion of large-scale mass production of 270W “Top-Runner” polycrystalline modules.