On Tuesday, December 4th of 2024, Jinko Power (Hong Kong) Co., Limited (hereinafter referred to as Jinko Power HK) and Tianjin Mainland Hydrogen Equipment Co., Ltd. (hereinafter referred to as THE) have entered into a Memorandum of Understanding (MOU) to collaborate on the integration of photovoltaic power generation and hydrogen generation technologies for the purpose of international market development.

    Jinko Power is a globally esteemed developer of photovoltaic power farms, concentrating on three primary business segments: power farm development, power farm services, and energy services. Jinko's power plant management scale has attained a total of 6.93GW, with 5.36GW of installed capacity being proprietary. In 2023, JinkoSolar's power generation amounted to approximately 5.259 billion kilowatt-hours (kWh), marking a 36% year-over-year increase.

    THE is a distinguished provider of water electrolysis equipment and solutions, both domestically and internationally, with a history spanning over 30 years. THE has shipped a total of more than 1,200 sets of electrolyser systems of various scales and has been involved in domestic flagship projects such as the Three Gorges Energy's Naresong renewable energy powered hydrogen generation project and China Energy Engendering Corp.'s Songyuan Hydrogen Industrial Park (including green hydrogen, ammonia, alcohol).

    As the proliferation of projects utilizing renewable energy sources such as photovoltaic power to produce green hydrogen and other green derived chemicals on a large scale continues to grow internationally, Jinko Power HK and THE will combine their strengths in products and expertise to extend the value chain. They aim to deliver integrated photovoltaic and hydrogen production products and solutions to end customers. The two companies will adopt a co-development strategy to establish a long-term cooperative, mutually beneficial, and win-win partnership to jointly develop market opportunities.