Why JinkoSolar Stock Is Moving Today - JinkoSolar Holding Co (NYSE:JKS)

JinkoSolar Holding Company (NYSE:JKS) shares are up Thursday after the company announced it has launched its G2 battery, the upgraded JKR-B1250~2750-A, in the European market.

What To Know: The high voltage G2 battery is designed for residential and small commercial applications.

Some of the features include a self-developed Jinko HV battery with a single pack capacity of 3.84 kWh, which uses a long cycle high-quality cell that can reach 6000 cycles at room temperature (25°C)

"We are once again raising the bar, this time not only in the PV business, but also in the Energy Storage System by offering a wide range of intelligent new energy solutions that set new standards for the growing demands of the market," said Frank Niendorf, the General Manager Europe for JinkoSolar. "JinkoSolar's strategy in the EU regarding storage and PV is focused on delivering high-quality and reliable products that meet the specific needs of customers in the region."

JKS Price Action: Shares of JKS were up 10.4% at $45.85 at the time of publication, according to Benzinga Pro.

Image by Sebastian Ganso from Pixabay

JKSJinkoSolar Holding Co Ltd

$23.302.64%

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