JinkoSolar Co.,Ltd.

Benefits of JinkoSolar Cheetah

JinkoSolar Cheetah

The New Cheetah

380W / 385W / 390W / 395W / 400W

(18.89% / 19.14% / 19.38% / 19.63% / 19.88%)

Cheetah Mono PERC Module Efficiency

Cheetah Series Product Briefing

Cheetah: Project Background

As a leader, JINKO is well-known forinnovative and quality products. Tocontinuously meet customer demands andlead market trend, Cheetah made its firstappearance in SNEC 2018 and raiseextensive attention.

Cheetah series will become mainstreamproducts in the near future and isbeneficial for customers to save systemcost with more power generation.

PV industry keeps high speed development on higher output and efficiency module with lower cost especially the high standard from China top-runner projects and US key customers.

Cheetah: Introduction

Full-Cell Half-Cell

Industry leading cell tech. (158.75mmx158.75mm)

Avg. 7Wp power up compared to Cheetah full-cell

Less heat loss

Avg. 8Wp power up compared to 156.75mm Mono PERC

Less BOS cost

Cell and Module Size

Cheetah: Introduction

ProductType

Cell Type

CellDimen.

No. of Cells

ModuleDimen.

MonoPERC 72

MonoPERC

156.75x156.75mm

72 1956x992x40mm

Cheetah 72 MonoPERC

158.75x158.75mm

72 1979x1002x40mm

CheetahHC 72

MonoPERC

158.75x79.375mm

144 2008x1002x40mm

Cell：length and width increase 2mm respectively.Module：Cheetah length and width increase 23mm and 10mm respectively with average 8Wp power up. Cheetah HC length and width increase 52mm and 10mmrespectively with average 15Wp power up.

Benefits of Cheetah

1. Higher Power and Module Efficiency

Benefits of JinkoSolar Cheetah

* The capacity of a solar power system with 20 module (60 Cells)

Cheetah 330Wp

6.6kW 5.7kWMono 285Wp

6.1kWMono PERC 305Wp

The power output of Cheetah reaches 330Wp this year which is a great solution for home owners who want to get more electricity from their roof or save roof space for future system expansion.

1. Higher Power and Module Efficiency

Benefits of JinkoSolar Cheetah

Cheetah 330Wp

To achieve same installed capacity, Cheetah HC will need less module numbers, roof area and weight.The shadow of trees and chimneys can reduce electricity output severely. Half cell technology can improve power output and reduce hotspot by less power loss.

20panels

Approx.34m2

Weight.380kg

22panels

Approx.36m2

Weight.418kg Approx.35m2

23panels

Approx.38m2

Weight.437kg

Mono PERC 305Wp Mono 285Wp

* Avoid shaded areas or difficult roof configurations with less modules using the Cheetah

2. Lower BOS, Lower LCOE and Higher IRR

Benefits of JinkoSolar Cheetah

*Example : North America - 100MW Project

With Cheetah HC 72p Module Numbers Saving 6.2%

Less Mounting & Labor

With Eagle Mono PERC 72p

Mono PERC 375Wp Cheetah 390Wp Cheetah HC 400Wp

No. of Module 266,682 256,412 250,016

No. of 40’ Container 428 449 437

Plant Area 1,861,185 m2 1,828,804 m2 1,809,316 m2

Area Increment 0 -1.74% -2.79%

Length of Steel Structure 529.1 km 513.9 km 501.0 km

Steel Structure Increment 0 -2.88% -5.31%

Benefits of JinkoSolar Cheetah

2. Lower BOS, Lower LCOE and Higher IRR

PROJECT Pro.4 Pro.5 Pro.6

Project Capacity (MWp) Mono PERC Cheetah Cheetah HC

Module Power (Wp) 375 390 400

Power Warranty (year) 25 25 25

Temperature Coefficiency of Power (%)

0.39 0.39 0.37

First Year Degradation (%) 3 3 3

Annual Degradation (%) 0.7 0.7 0.7

ANALYSIS RESULTS

LCOE (US cent/kWh) 7.08 7.02 6.98

IRR 8.95% 9.21% 9.35%

Lifetime Energy Production (MWh) 3,406,497 3,410,042 3,420,096

Lower EPC cost and lower BOS cost bring lower LCOE and higher IRR.Project Location: Los Angeles, USAProject Capacity: 100MW DCLatitude: 34 Deg.Longitude: -118 Deg.Installation Type: Fixed

3. Outstanding Temperature Coefficient

Benefits of JinkoSolar Cheetah

25°C 80°C

PERFORM

ANCE

(%)

MonoPERC CheetahHC NormalMono

Module Temperature

- 0.37%/ ℃

- 0.39%/ ℃

A solar panel output is reduced as temperature rises. Nevertheless JinkoSolar performs much better than industry standard due to its outstanding temperature coefficient. Cheetah HC will bring more output under high temperature.

- 0.40%/ ℃

Benefits of JinkoSolar Cheetah

4. Quality and Reliability — Reliability Test

1,22

3,022,87

0,15 0,09

0,67

1,57

3,27

2,31

0

1

2

3

4

5

TC200 DH1000 TC50+HF10 HotSpot BackCurrent PID192H

SampleA SampleB

IEC61215Degradation(%)

Cheetah module reliability performance is better than IEC61215 standard.

Benefits of JinkoSolar Cheetah

4. Quality and Reliability — Mechanical Loading Test

Test 1: Two times, pressure on front side 5400Pa, back side 3600Pa, each duration 1h. (module installation in clamp)

Test 2: Six times, pressure on two sides, 5th time 5400Pa, others 2400Pa, each duration 1h.(module installation in clamp)

Test 3: Six times, pressure on two sides, 1600Pa, each duration 1h.(module installation in four mounting holes)

1,29

2,54

3,84

1,66

2,62

4,06

0

1

2

3

4

5

Test1 Test2 Test3

Cheetah Normal

IEC61215Degradation(%)

Comparing with normal module, Cheetah will not have negative effect on Mechanical Loading and degradation is better than IEC61215 standard.

Benefits of JinkoSolar Cheetah

4. Quality and Reliability — PQP Performance

Jinko submitted Cheetah Mono PERC module for accelerated stress testing and characterization under PV Evolution Labs’ (PVEL) Approved Vendor Program (AVP). The PVEL AVP is a comprehensive evaluation of environmental sensitivities and degradation mechanisms of PV module designs.

4 times “DNV GL Top Performer”

Reference Information

Cheetah Power Roadmap and Capacity

60P2018 2019 2020

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Lowest StandardMain Power (Wp) 315 315 320 320 320 320 325 325 325 325

Max Main Power (Wp) 330 330 335 335 335 335 340 340 340 340

300

305

310

315

320

325

330

335

340

345

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2018 2019 2020

LowestStandardMainPower

MaxMainPower:combinewithHCandhighefficientmaterials

330W

335W340W

315W

320W

325W

Cheetah Power Roadmap and Capacity

72P2018 2019 2020

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Lowest StandardMain Power (Wp) 375 375 380 380 380 380 385 385 385 385

Max Main Power (Wp) 395 395 400 400 400 400 405 405 405 405

300

305

310

315

320

325

330

335

340

345

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2018 2019 2020

LowestStandardMainPower

MaxMainPower:combinewithHCandhighefficientmaterials

395W

400W

405W

375W380W

385W

Cheetah Overseas Capacity

168 168 168 168 168 168 168 168 168 168 168 168 168

0

500

1000

1500

2000

2500

Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Cap

acity

Month (Dec/2018 - Dec/2019)

Capacity TotalMW

The Cheetah overseas capacity (Malaysia and USA factory) will reach more than 2GW by end of 2019. China domestic Cheetah Mono PERC capacity is under schedule.

Certification Progress

SpecializedCertificationName ScheduleMCS(UK) Sep/2018

CEC(Australia) Nov/2018

PQP(USA) Jan/2019

CSI(California) Oct /2018

INMETRO(Brazil) TBD

KS(Korea) Jan/2019

SII(Israel) TBD

CE(Europe) Oct/2018

EMC(Europe) Oct/2018

JET(Japan) Sep/2018

CQC(China) √

FIDE(Mexico) TBD

COTECNO(Columbia) TBD

BIS(India) Jan/2019

GlobalCertificationName Schedule

TUV(IEC61215&IEC61730) Sep /2018

UL(UL 1703) Aug/2018

PID(IEC62804) Sep /2018

SaltMist(IEC61701) Sep /2018

Ammonia (IEC62716) Sep /2018

SandDust (IEC60068) Sep /2018

*GlobalCertificationforCheetahproductnamewithout“L”isdone.Productnamechangingneedsmoretime.

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