JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the solar PV industry, announced today that it has signed an agreement to supply 7MW to Almacen Sustentable ("AS Solar") in Mexico.
AS Solar is a Mexican company that provides innovative and sustainable energy solutions through its strategic alliances and over 120 international partners. AS Solar is responsible for supplying over 80% of the equipment used in residential PV installations in Monterrey, Mexico and has become one of the leading distributors of photovoltaic equipment nationally by representing some of the largest and most recognized manufacturers.
Mr. Xiande Li, chairman of JinkoSolar commented: "Mexico has become one of the leading PV markets in Latin America with the support of the government, industry and its citizen's environmental awareness. Mexico has great potential to become a role model for other Latin American countries. With a local team already in place, JinkoSolar is committed to providing excellent customer service and high quality modules to its Mexican customers. We are pleased to sign this agreement with AS Solar which has been an important and reliable strategic partner for us since 2011. This contract represents another significant step in expanding our geographic footprint to Mexico and Latin America. With the success we have seen in Europe, Asia and North America, we are confident in our ability to become the preferred module brand for Latin America as well."
"With the explosive growth of the Mexican solar market, AS Solar is committed to distributing the highest quality solar products with the best energy generation capacity possible. JinkoSolar has been a reliable brand in our portfolio since we began 2011 and this partnership will help both companies capture a significant portion of the Mexican solar market in 2015 and forward," stated Ian Karleff, General Manager of AS Solar.
