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powered by Webinar Kaushik Roy Choudhury Jinko Solar Marian Willuhn Andrea Viaro Corrine Lin Integrating bifacial - New system design and bespoke products 29 April 2020 8 AM – 9 AM 9 AM – 10 AM 3 PM – 4 PM 9 PM – 10 PM | CDT, México | EDT, New York | CEST, Berlin | CST, Beijing Eric Kuo

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Page 1: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

powered byWebinar

Kaushik Roy Choudhury

Jinko Solar

Marian WilluhnAndrea Viaro Corrine Lin

Integrating bifacial - New system design and bespoke products

29 April 20208 AM – 9 AM 9 AM – 10 AM 3 PM – 4 PM9 PM – 10 PM

| CDT, México| EDT, New York| CEST, Berlin| CST, Beijing

Eric Kuo

Page 2: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Proprietary and Confidential ©2017 1

NEXTracker Updates –Jinko Bifacial Module CompatibilityApr 29th 2020

Page 3: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

2A Flex Company Proprietary and Confidential ©2019 2

• 35 GW trackers under fulfillment/ delivered in six years (established: 2013)

• Wholly-owned subsidiary of investment-grade company: Flex (NASDAQ “FLEX”)

$26Bn annual revenue, $14Bn balance sheet

• 375 staff worldwide, 8 global offices

• Product lines: solar trackers, software and controls, energy storage, Digital O&M

• Deep bench of PV and solar tracker experience: collective 300 years with utility-scale and distributed generation or C&I application experience

Company Background#1 Global Market Leader in Solar Tracking Five Consecutive Years 2015-19

29%

12%

9%9%

8%

6%

5%

4%

4%

3%

2%2%

2% 4%

2019 NX Shipments10.2 GW

NEXTracker earns leading position in global solar tracker market, more than the three closest competitors combined

Source: WoodMackenzie Research & IHS Markit, 2020

NEXTracker

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3Proprietary and Confidential ©2019 3

Continued Global Diversification of Customer BaseOver 300 world-class developer and EPC partners representing present and growing solar market growth

Page 5: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

4Proprietary and Confidential ©2019 4

Solar tracker installations will grow on average by 11% annually from 2019 to 2024 2019 will see the largest uptick in tracker installations as the market experiences 62% YOY growth

Source: Wood Mackenzie, 2019

Page 6: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Proprietary and Confidential ©2019 5A Flex Company

Why Trackers? Trackers versus Fixed Tilt

Boost from tracking

Tracker Compared to Fixed Mount

Daily Power Production

Yields lower LCOE20% to 30% more energy yield than fixed in sunny locations; and 5-10% more cost

Yields more revenue/kWhBetter match to utility load, TOU multipliers, customer peaks

Tracker cost decreased over 75% in last 20 years (1995 – 2015)

AM Noon PM

Page 7: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Copyright ©2020 NEXTracker, Proprietary and Confidential 6

TRUECAPTURE & NX NAVIGATOR

SOLAR TRACKER PORTFOLIO ENERGY STORAGE

NX DATA AND MONITORING CONTROL SERVICES

NX FLOW™

Suite of advanced data and software-driven digital services available for both tracker and storage systems to dramatically improve asset management efficiency and lower operating costs.

Industry’s Most Advanced Smart Solar Tracker Portfolio, optimized for range of tier one modules including monofacial, bifacial, and FSLR S6

NX HORIZON™ & NX GEMINI™

Integrated Vanadium Flow Battery DC-Coupled Storage Inverter String and Central Solution, UL 9540A

Smart software and control systems increasing output of NX trackers by up to 6% via advanced machine learning technology; increasing performance, while mitigating risk from inclement weather events.

NEXTracker Product & Services Ecosystem

Page 8: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Proprietary and Confidential ©2019A Flex Company 7

Zigbee wireless mesh network connects controller on each tracker row to the NCU

NX smart solar trackers combine advanced mechanical design with digital communications & control to maximize project IRR

Self Powered Controller (SPC) precisely measures array angle and controls tracker position. Integrated Li-Ion backup battery provides power reserve and overnight control

Dedicated smart PV panel powers self-powered controller and motor

DC Motor drives tracker row

NX Horizon: Award-Winning Self-Powered Tracker

4

32

1

Zigbee wireless mesh network connects controller on each tracker row to the NCU

Self Powered Controller (SPC) precisely measures array angle and controls tracker position. Integrated Li-Ion backup battery provides power reserve and overnight control

Dedicated smart PV panel powers self-powered controller and motor

DC Motor drives tracker row

Page 9: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

8A Flex Company 8

NX Horizon Bifacial Enhancing Features

“High-rise” module mounting rails

Bearing gaps Motor, controller & drive gap

Page 10: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

9A Flex Company

NX Horizon Bifacial Advantages vs. Traditional 1P Trackers

1. Torque Tube Shape2. Module Elevation3. Bearing Gaps4. Drive System Gap

1.5 – 2.0% Increased Annual Energy

Traditional1P Tracker

NXHorizon

+1.0-2.0%

RoundTube

ElevateModules

BearingGaps

DriveGaps

Annual Energy Production

Page 11: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

A Flex Company

NX Gemini™ two-in portrait smart solar tracker

Proprietary and Confidential ©2019 10

Page 12: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Proprietary and Confidential ©2019 11A Flex Company

Market Need: Target Applications for Gemini

Hard soils Undulating terrain Irregular layouts

High winds Robotic cleaning Module flexibility

Page 13: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

12A Flex Company Proprietary and Confidential ©2019 12

NX Gemini Bifacial Optimizations

1

2

3

4

4 Symmetric Strings per TrackerStrings do not cross East & West sides

Page 14: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

13A Flex Company Proprietary and Confidential ©2019 13

More Power Gains from Jinko Bifacial Modules

• Fremont has a dry and warm summer then a wet and rainy winter.

• The project is located in the outdoor field test station of solar tracking firm Nextracker.

• The ground is light gray gravel and the measured albedo of the site is around 20%.

• Cumulative gains to date greater than 8%, which is in-line with PVSys modeled values

Bifacial test setup at Center for Solar Excellence, Fremont, CA.

Page 15: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

Proprietary and Confidential ©2019 14A Flex Company 14

Comprehensive Compatibility with Jinko Solar Modules

Nextracker Jinko SolarComprehensive Compatibility

• 1P/Horizon

• 2P/Gemini

• Tiger• Swan• Cheetah

Proactive & close partnership with Jinko Solar in joint product development

• Jinko Solar is proved to be a reliable and strategic partner to NEXTracker for the benefits of mutual customers

• Tiger module does improve the tracker cost efficiency by increasing total watts/tracker, versus M2 wafer modules.

Page 16: powered by Jinko Solar Integrating bifacial - New...partnership with JinkoSolar in joint product development • Jinko Solar is proved to be a reliable and strategic partner to NEXTracker

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Thank you

Eric Kuo

Director, Product Management

[email protected]

m +86 182 2172 7067