JinkoSolar to be Selected as The Main Supplier of Petrochemical Giant Sinopec for its Green Hydrogen Production
JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that JinkoSolar and Chinese oil major Sinopec Group have closed a large panel supply deal for green hydrogen projects using solar energy. The generated electricity of JinkoSolar’s high efficiency solar panels shall power the electrolyser to produce hydrogen for further processing. The hydrogen produced is slated to meet the needs of the biofuel production process at Sinopec’s biorefinery, averting thousands of tons of CO2 emissions per year. This landmark agreement between JinkoSolar and Sinopec Group for green hydrogen, leverages a combination of competence and technology – offering low-cost solar power generation to foster efficient hydrogen production.
“We are proud to collaborate with Sinopec Group as their preferred choice for efficient and reliable solar panels to power their green hydrogen projects. These are critical for ramping up green hydrogen adoption and for driving costs down,” said Yao Feng, GM of JinkoSolar China, “Sinopec Group’s renewable hydrogen production combined with our expertise in solar energy, is a step further towards China’s commitment to net zero emissions by 2060.”
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