Jinko Solar Holding Co., Ltd. (the “Company,” or “Jinko Solar”) (NYSE: JKS), one of the largest and most
innovative solar module manufacturers in the world, today the 15 th of July 2022, launched its new N-
Type module, the Tiger Neo, and presented the Energy Storage Solutions at Eko Hotels & Suites in Lagos,
Nigeria.

Tiger Neo produces over 3% more power than its P-PERC counterparts owing to its benefits including
lower degradation, higher temperature coefficient, better low light performance in the morning and
later afternoon, a lower rate of LID (light-induced degradation) and does not suffer from LeTID (light and
elevated temperature induced degradation), unlike P-type cells. The main motivation behind the
development of more powerful solar panels such as Tiger Neo is to reduce the cost of solar projects and
ultimately electricity prices.

“To sustainably bridge the energy gap in the country requires continuous technology innovation and the
right distribution network. The launch of Tiger Neo N-type series is a game changer in the provision of
renewable energy solutions in the country” said Williams Ossai, Jinko Solar Head of Sales West Africa.
Jinko Solar has been supplying Solar modules to Nigeria. Jinko Solar recently announced that they had
signed a 50MWh strategic distribution agreement of energy storage system with Palette Business
Solutions Limited, a renewable energy firm committed to the distribution of high-quality, cutting-edge
solar energy products and solutions based in Lagos, Nigeria. Palette is one of the official distributors for
Jinko Solar in Nigeria.

This launch took place as Jinko Solar is still celebrating its 100GW distribution of solar modules globally
being the first company in history to achieve this milestone. With a 12% global market share,
approximately one out of every ten solar panels installed worldwide is produced by Jinko Solar. Jinko
Solar Head of Technical Mr Titus Koech also mentioned that “The new paradigm shift to N type PV
modules is a game changer to having Solar PV a very competitive energy generation technology in
comparison with tradition fossil fuels and even among other renewable energy sources like geothermal,
hydro, Biomass, offshore wind etc. ”

Jinko Solar continues to lead the PV industry as it has been recognized as a Top Performer in PV
Evolution Labs' 2022 PV Module Reliability Scorecard. Since 2014, Jinko Solar has been rated a Top
Performer eight consecutive times, making it one of only two module manufacturers to accomplish this
feat. Jinko Solar's extensive R&D capabilities and dedication to module excellence have contributed
greatly to this success.