Aldo Solar will be the first in Latin America to distribute N-type
ultra-efficiency modules that correspond to
approximately 600 MW in the Distributed Generation
market
MARINGA, Brazil, May 27, 2022 /PRNewswire/ -- JinkoSolar
Holding Co. Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one
of the largest and most innovative solar module manufacturers in
the world, today announced that its principal operating subsidiary,
Jinko Solar Co., Ltd. has signed a new distribution agreement in
Latin America with Aldo Solar.
Aldo Solar, which stands out as the largest distributor of solar
energy solutions in the country with a market share of aproximately
30% in the Distributed Generation segment, will bring to market the
new N-Type ultra-efficiency photovoltaic Tiger Neo modules from
JinkoSolar.
At the end of last year, the companies announced the signing of
the largest distribution agreement for Distributed Generation ever
signed by Jinko Solar Co., Ltd. outside China.
And now, this new agreement with Aldo Solar makes Brazil the first market in Latin America to make JinkoSolar 's new N-type
modules available and marks the signing of the world's largest
contract for the distribution of N-type ultra-efficiency
photovoltaic modules from the Tiger Neo family of JinkoSolar.
Under this agreement, approxiamately 600 MW of power from
the Tiger Neo family is expected to be distributed. The new panels
are expected to be available at Aldo Solar for pre-sale starting in
July.
"The global photovoltaic market is entering a new era with
unprecedented speed. The need to address different electricity
application scenarios and the urgency of governments and industries
for energy transformation have raised the demand for solar energy
to a new level," said Kangping Chen,
CEO of Jinko Solar Co., Ltd.
Mr. Alberto Cuter, General Manager of JinkoSolar for
Italy and Latin America commented, "JinkoSolar's N-type
Tiger Neo represents state-of-the-art innovation in the solar
industry and we are proud that Aldo Solar, with its pioneering
spirit and relevance in the Brazilian photovoltaic distribution
market, chose this product for their distributios business, which
once again demonstrates its commitment to offer the best
technology to the Brazilian market.
We are very excited about this partnership between the
two main important players in the Brazilian market.
According to Mr. Aldo Teixeira,
founder and CEO of Aldo Solar, "from our first agreement with
JinkoSolar to a long-term partnership, we seek to bring to the
market the most innovative and disruptive in solar panels. I am
sure that the new line of N-type photovoltaic panels will bring a
revolution to the market, with the best solution and
cost-effectiveness for consumers".
"I am sure that in the next two or three years it will be the
main panel technology available on the market. Therefore, I would
like to thank JinkoSolar on behalf of our resellers and
installers, as well as the entire Aldo Solar team. Through this
partnership, we hope to spread solar energy even more and offer
surprising conditions of clean and cheaper energy to all
Brazilians", concludes the CEO of Aldo Solar.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative
solar module manufacturers in the world. JinkoSolar distributes its
solar products and sells its solutions and services to a
diversified international utility, commercial and residential
customer base in China,
the United States, Japan, Germany, the United
Kingdom, Chile,
South Africa, India, Mexico, Brazil, the United
Arab Emirates, Italy,
Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and
other countries and regions. JinkoSolar has built a vertically
integrated solar product value chain, with an integrated annual
capacity of 40.0 GW for mono wafers, 40.0 GW for solar cells, and
50.0 GW for solar modules, as of March 31,
2022.
JinkoSolar has 12 productions facilities globally, 21 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Canada, Malaysia, UAE, and Denmark, and global sales teams in
mainland China, the United
States, Canada,
Germany, Switzerland, Italy, Japan,
Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong
Kong, as of March 31,
2022.
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.
For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
About ALDO:
ALDO, headquartered in Maringá - PR, has been in the market for
39 years and is a leader in solutions for solar energy generation
in the country. ALDO has ISO 9001, ISO 14001 and ISO 45001
certifications, is associated with ABSOLAR (Brazilian Photovoltaic
Solar Energy Association and actively participates in the PNRS –
National Solid Waste Program through ALDO Crazy Recicla. world, a
new attitude", ALDO is getting ready to celebrate its 40th
anniversary in 2022, even more sustainable and innovative.
More information: https://www.aldo.com.br/
View original
content:https://www.prnewswire.com/news-releases/jinkosolar-signs-agreement-with-aldo-solar-for-the-distribution-of-600-mw-n-type-tiger-neo-modules-301556756.html
SOURCE JinkoSolar Holding Co., Ltd.