JinkoSolar Signs Supply Agreement for 21.09MW with China Southern Power Grid, No Terms Disclosed
vJinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it has signed a 21.09MW solar PV module supply agreement with Nan Xin Solar, a subsidiary of China Southern Power Grid, for a distributed roof-top project located in Foshan, Guangdong Province.
Located in San Shui Park, Foshan Hi-tech Industrial Development Zone, the project will be using 84859 JinkoSolar high-efficiency modules. Delivery is expected to begin in May 2014. Nan Xin Solar is the owner and investor for the project.
"Creating mutually beneficial partnerships such as our cooperation with China Southern Power Grid is an incredibly important part of JinkoSolar's strategy," commented Mr. Xiande Li, Chairman of JinkoSolar. "Having seen success in China's western and eastern regions, we are establishing a strong relationship with China Southern Power Grid to extend our business into southern China. This project demonstrates that JinkoSolar's PV modules are ideally suited for both utility scale and roof-top projects; further strengthening the Company's leadership position in the world's largest solar market. We look forward to cooperating with China Southern Power Grid on future projects."
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