December 2, 2021，Jinko Solar Holding Co. Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS) , one of the largest and most innovative solar module manufacturers in the world, today announced that it has signed a 360MW solar modules supply agreement with Tadiran Solar Ltd. - one of the major distributors in Israel commercial market, calls for the delivery of latest N-type TOPCon solar panels named Tiger Neo from 2022 through 2023. Jinkosolar's industry-leading N-type products will be incorporated into Tadiran Solar's advanced solar power systems for commercial, government and new home residential customers in Israel.
"This agreement marks a milestone in Jinkosolar's growth strategy as we lead the technology upgrade to the next level in all aspects and we continue to build out our distributed-generation customer base," said Mrs. Anita Li, the General Manager of ACPC. "Tadiran Solar is a well-respected market leader in Israel and we are thrilled to be able to marry our high-efficiency solar panels with their innovative solar system designs and product offerings."
The contract covers JinkoSolar's latest series Tiger Neo N-type ultra-efficiency module series which will be widely marketed and distributed in Israel in 2022, to meet the needs of all application scenarios for different sectors. The optimized temperature coefficient will perfectly work for the local environment in Israel. With the distribution segment of JinkoSolar panels, Tadiran Solar Ltd aims to become one of Israel's leading companies in providing a complete and comprehensive solar solution, while also expanding their local market share to push the development of renewable energy in Israel.
According to Eliran Twitto, CEO of Tadiran Solar Ltd: “Thanks to high-quality modules manufactured by JinkoSolar, Tadiran solar has accomplished the 200MW orders in 2021, which is also a milestone for Tadiran solar as a significant achievement on their effort. As part of the company's strategic plan to expand its activity, Tadiran solar is grateful for JinkoSolar's trust and confidence in the successful distribution of JinkoSolar's products and solutions in the Israel market, and is committed to the best quality after-sales service to customers. The 360MW distribution contract for 2022-2023 will boost the future growth and will hopefully lead to more strategic cooperation.
Legal Statement
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, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules, as of June 30, 2021.
JinkoSolar has 9 productions facilities globally, 22overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of June 30, 2021.
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:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
