Aldo Solar will be the first in Latin America to distribute ultra-efficient N-type modules corresponding 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 world’s largest and most innovative solar module manufacturers, today announced that its principal operating subsidiary, Jinko Solar Co ., ltd. 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 approximately 30% in the distributed generation segment, will bring to market the new ultra-efficient Tiger photovoltaic modules N-Type Neo from JinkoSolar.
Late last year, the companies announced the signing of the largest distribution agreement for distributed generation ever signed by Jinko Solar Co., Ltd. China.
And now this new agreement with Aldo Solar makes Brazil the first market Latin America to make available JinkoSolar’s new N-Type modules and marks the signing of the world’s largest contract for the distribution of ultra-efficient N-Type photovoltaic modules from JinkoSolar’s Tiger Neo family.
Under this agreement, approximately 600 MW of electricity from the Tiger Neo family is expected to be distributed. The new panels are expected to be available from Aldo Solar for pre-sale from July.
“The global photovoltaic market is entering a new era at an unprecedented speed. The need to address different electricity application scenarios and the urgency of governments and industries for energy transformation have taken the demand for solar energy to a new level,” said Kangping ChenCEO 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 cutting-edge innovation in the solar industry and we are proud that Aldo Solar, with its pioneering spirit and relevance to the Brazilian PV distribution market, has chosen this product for its distribution activity, which once again demonstrates its commitment to offering the best Technology to the Brazilian market. We are very pleased with this partnership between the two major players in the Brazilian market.
According to Mr. Aldo Teixeirafounder and CEO of Aldo Solar, “From our first agreement with JinkoSolar to a long-term partnership, we seek to bring the most innovative and disruptive solar panels to market. I’m sure the new line of photovoltaic panels type N will bring a revolution to the market, with the best solution and the best profitability for consumers”.
“I am sure that in the next two or three years this will be the main panel technology available on the market. Therefore, I would like to thank JinkoSolar on behalf of our dealers and installers, as well as the entire team at Aldo Solar 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 diverse international utility, commercial and residential customer base in China, United States, Japan, Germanythe UK, Chile, South Africa, India, Mexico, Brazilthe 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 annual integrated capacity of 40.0 GW for monowafers, 40.0 GW for solar cells and 50.0 GW for solar modules, from March 31, 2022.
JinkoSolar has 12 production sites worldwide, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Swiss, United States, Mexico, Brazil, Chile, Australia, Canada, MalaysiaUnited Arab Emirates and Denmarkand global sales teams in Mainland China, United States, Canada, Germany, Swiss, Italy, Japan, AustraliaKorea, India, Turkey, Chile, Brazil, Mexico and hong kongof the March 31, 2022.
For more information, visit: 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. 1995. These forward-looking statements can be identified by words such as “will”, “expect”, “anticipate”, “future”, “intend”, “plan”, “believe”, ” esteem” and similar statements. Among other things, management’s quotes in this press release and the Company’s operating 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 United States Securities and Exchange Commission, including its Annual Report on Form 20-F. Except as required by law, the Company undertakes no 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:
M/s. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 extension 7806
E-mail: [email protected]
ALDO, with headquarters in Maringá – PR, has been in the market for 39 years and is a leader in solar power generation solutions in the country. ALDO is ISO 9001, ISO 14001 and ISO 45001 certified, 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 preparing to celebrate its 40th anniversary in 2022, even more sustainable and innovative.
More information: https://www.aldo.com.br/
SOURCE JinkoSolar Holding Co., Ltd.