JinkoSolar unveils “Sunny 365” smart PV-storage system

Shenzhen Energy Group subsidiaries announced results for a 2026–2028 PV module procurement totaling 1 GW, awarding JinkoSolar the contract again. The Tiger Neo 3.0 module is described as having up to 24.8% efficiency, 670W max power, and bifaciality of 85% ± 5%, aimed at ground-mounted plants and stable low-light output.

China’s energy efficiency PV standard, issued by multiple ministries, takes effect 1 Jan 2027 and sets tiered module conversion thresholds by cell type. Modules below Grade 3 will be barred from production and sales. JinkoSolar, LONGi Green and Canadian Solar discussed impacts on procurement criteria and capacity, plus storage expansion plans.

JinkoSolar said its N-type TOPCon perovskite-silicon tandem cell reached 34.82% certified power conversion efficiency on June 19, according to certification by the Shanghai Institute of Microsystem and Information Technology (Chinese Academy of Sciences). The result tops its prior 34.76% tandem record and marks its 33rd efficiency/module output world record. Investors will watch whether the TOPCon-compatible platform can scale while maintaining stability.

JinkoSolar Holding Co. (NYSE: JKS) announced a cash dividend of $0.375 per ordinary share (US$1.50 per ADS). Shareholders of record at June 22, 2026 will receive it, with payment expected around July 9, 2026. The company expects to distribute about $78.5 million in total.

ExxonMobil's Nigerian affiliate, Esso, has begun the Usan Infill Project with the arrival of the Noble Gerry de Souza drillship. The $1bn project aims to add 40,000 bpd of oil output within 18 months, boosting Nigeria's energy sector. Esso highlights the project's short-cycle investment and technological advancements.

ServiceNow (NOW) had its price target raised to $150 by Bank of America, citing 21.5% RPO growth and 23% subscription growth in Q2. The company's security segment surpassed $1B in annual contract value. ServiceNow also expanded a multi-year deal with Tech Mahindra to integrate AI. According to the bank, the valuation is 23x 2027 FCF.