JinkoSolar Signs 1.75 GW Solar Module Supply Agreement in the U.S. and Advances Plans for Construction of Manufacturing Facility in the U.S.
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that its wholly-owned subsidiary, JinkoSolar (U.S.) Inc. (“Jinko U.S.”), has signed a major master solar module supply agreement (the “Master Agreement”) with a U.S. counterparty.
Under the Master Agreement, Jinko U.S. will provide around 1.75 GW of high efficiency solar modules over approximately three years.
“This deal will further solidify our leadership in the U.S. market,” said Mr. Nigel Cockroft, General Manager of Jinko U.S. “An agreement of this magnitude exemplifies JinkoSolar’s commitment to provide our clients with the most reliable products and dependable, regional customer service.”
Concurrently, the Company’s Board of Directors has authorized JinkoSolar to finalize planning for the construction of an advanced solar manufacturing facility in the U.S. JinkoSolar continues to closely monitor treatment of imports of solar cells and modules under the U.S. trade laws.