JinkoSolar to Supply 7MW Solar PV Modules to Almacén Sustentable in Mexico
Shanghai, November 24, 2014 - JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, announced today that it has signed an agreement to supply 7MW to Almacén Sustentable (“AS Solar”) in Mexico.
AS Solar is a Mexican company that provides innovative and sustainable energy solutions through its strategic alliances and over 120 international partners. AS Solar is responsible for supplying over 80% of the equipment used in residential PV installations in Monterrey, Mexico and has become one of the leading distributors of photovoltaic equipment nationally by representing some of the largest and most recognized manufacturers.
Mr. Xiande Li, chairman of JinkoSolar commented：“Mexico has become one of the leading PV markets in Latin America with the support of the government, industry and its citizen’s environmental awareness. Mexico has great potential to become a role model for other Latin American countries. With a local team already in place, JinkoSolar is committed to providing excellent customer service and high quality modules to its Mexican customers. We are pleased to sign this agreement with AS Solar which has been an important and reliable strategic partner for us since 2011. This contract represents another significant step in expanding our geographic footprint to Mexico and Latin America. With the success we have seen in Europe, Asia and North America, we are confident in our ability to become the preferred module brand for Latin America as well.”
"With the explosive growth of the Mexican solar market, AS Solar is committed to distributing the highest quality solar products with the best energy generation capacity possible. JinkoSolar has been a reliable brand in our portfolio since we began 2011 and this partnership will help both companies capture a significant portion of the Mexican solar market in 2015 and forward." Stated Ian Karleff, General Manager of AS Solar.
About JinkoSolar Holdings Co., Ltd.
JinkoSolar is a global leader in the solar industry with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai and Beijing, China; Munich, Germany; Bologna, Italy; Zug, Switzerland; San Francisco, the United States; Queensland, Australia; Ontario, Canada; Singapore; Tokyo and Osaka; Japan and Cape town, South Africa; Santiago, Chile.
JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 2.3 GW for silicon ingots and wafers, 1.8 GW for solar cells, and 2.8 GW for solar modules, as of September 30, 2014. JinkoSolar sells electricity in China and distributes its solar products to a diversified customer base in the global PV market, including Germany, Italy, Belgium, Spain, the United States, Eastern Europe, China, India, Japan, South Africa, South America and other countries and regions.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.