Ningbo, China, June 16, 2025 — Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a provider of solar PV products specializing in solar cables and connectors, showcased its latest innovations at the 18th SNEC International Photovoltaic Power Generation and Smart Energy Conference & Exhibition. From June 11-13, 2025, its subsidiary, Ningbo Pntech New Energy Co., Ltd. (“PNTECH”), presented advanced photovoltaic connection solutions, attracting significant industry interest and strengthening its position in renewable energy cable development.
Commitment to Technological Advancement
As a U.S.-listed Asian new energy cable company, Skycorp Solar Group has consistently invested in research and development, allocating over RMB100 million ($14 million) to innovation in the past 14 years. This dedication has resulted in 47 patented technologies, including proprietary XLPE modified polymer insulation materials engineered for enhanced durability in extreme temperatures (-40°C to +90°C). The Company also utilizes 99.97% pure tin-plated oxygen-free copper conductors, ensuring long-term performance exceeding 25 years in demanding applications.
“Our MC4 series connectors feature a dual-seal design, reducing contact resistance by 20% compared to conventional models while achieving an IP68 protection rating,” stated Weiqi Huang, CEO of Skycorp Solar Group. “Furthermore, our specialized connectors for the energy storage sector incorporate phosphorus-nitrogen flame-retardant technology that meets UL94 V-0 standards, delivering a reliable solution for photovoltaic and energy storage applications.”
Proven Solutions for Global Energy Projects
Skycorp Solar Group’s technologies have been implemented in numerous international projects. The Company supplies essential components for Germany’s 15MW distributed photovoltaic system (using TÜV-certified cables), Australia’s 120MW solar-plus-storage project (meeting AS/NZS 5033:2024 standards), and Poland’s 48MW agrivoltaic installation, demonstrating adherence to global industry standards (with patented anti-UV technology).
In China, PNTECH provides cables and connectors for local government projects, where its patented “6-in-1” technology supports a photovoltaic curtain wall system generating 300,000 kWh annually. Ongoing collaborations with industry leaders further highlight the Company’s robust market presence.
Production Capabilities and Industry Certifications
Operating in over 140 countries and regions, Skycorp Solar Group continues to enhance its manufacturing capacity. Since 2022, the Company has expanded to six photovoltaic cable production lines and eight connector manufacturing lines, supported by a newly constructed 16,000-square-meter smart factory. Annual supply capacity for photovoltaic projects has reached 9.3GW, with cable shipments exceeding 100 million meters.
“Our product range, showcased at SNEC booth 7.2H-C120, exhibits exceptional performance and reliability,” said Jimmy Sheng, Global Sales Director of PNTECH. “All solutions comply with international standards, including certifications such as TÜV, IEC, CE, and CQC.”
Future Outlook and Investment Value
“The global transition to renewable energy is accelerating, with interconnection systems playing a crucial role in efficiency and safety,” said CEO Huang. “At Skycorp, we integrate materials science and electrical engineering to improve photovoltaic connection standards and support this transition.”
“Skycorp plans to allocate over 8% of annual revenue to R&D, advancing from traditional connections to intelligent solutions. With 47 patents, a growing international presence (30%+ overseas orders), a strong 9.3GW annual supply capacity, and solid industry collaborations, the Company remains focused on delivering long-term value in the evolving energy landscape,” he added.
About Skycorp Solar Group Limited
Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider specializing in the manufacture and sale of solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.
The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: .
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Skycorp Solar Group Limited
Cathy
Investor Relations
Email:
Tel: +86 185 0252 9641 (CN)
WFS Investor Relations Inc.
Connie Kang
Partner
Email:
Tel: +86 1381 185 7742 (CN)
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