JinkoSolar has announced that it has entered into a partnership with one of Vietnam’s major module companies and signed the first batch of residential energy storage orders. For the Vietnamese market, the launch of JinkoSolar’s residential storage system will act as a strong support in the development of a local power infrastructure and provision of more stable electricity to meet residential needs.
JinkoSolar has been the No.1 supplier in terms of module shipments for three consecutive years in Vietnam, one of its most important overseas solar markets. The company’s brand value, product quality and professional service will pave the way for further product diversification in the market and domestic deployment of the “PV+” business model.
Residential energy storage systems meet customer needs for off-grid, on/off-grid switching and access to diesel generators. The battery covers a storage range of 7kWh-20kWh, with a single-phase or three-phase inverter option, and offers over 6,000 times life cycle warranty. The qualified IP65 protection level can deal efficiently with a high humidity environment. A pouch battery optimizes energy efficacy by about 10%-15%, when compared to a prismatic battery, and provides for better thermal performance when used in high-temperature conditions.
The product has been designed to ensure fast and flexible installation. The Intelligence of “on/off-grid” switching suits the complex and unpredictable operating conditions in Vietnam. Due to the instability of the power grid, supply shortage still exists in some areas of the country and the energy storage trend is gaining importance as a counter to this situation. Although there are no clear policy announcements from the Vietnamese government on energy storage projects at present, JinkoSolar is ready to take the first steps into the market and lay the foundations for the subsequent performance and market distribution of this technology in Vietnam.
Owing to the self-generation and consumption characteristics of photovoltaic users, a matching energy storage system will foster closed-loop power consumption. This satisfies customer needs for high-efficiency power generation, flexible configuration and easy installation.
Miao Gener, JinkoSolar’s Chief Marketing Officer, commented: “For JinkoSolar, this is a milestone moment. As one of the fastest-growing photovoltaic markets in the world, we believe that energy storage will become an indispensable part of the Vietnam market. JinkoSolar will make every effort to lead the country into a new PV+ era.”