JinkoSolar and its subsidiaries announced the signing of a solar glass procurement contract with Flat Glass Group, securing approximately 338 million square metres of rolled glass.
The agreement will support the production of 59GW of JinkoSolar’s high-efficient solar modules for three years from 2021 to 2023.
Kangping Chen, the Chief Executive Officer of JinkoSolar, commented: “The long-term procurement contract with Flat Glass is another major supply chain cooperation, after the company’s successful cooperation with Tongwei for 93,000 metric tons of polycrystalline silicon in the second half of 2020.
Flat Glass is a China-based company principally involved in the research, development and manufacturing of glass products. The company’s main products include photovoltaic glass, float glass, engineering glass and home glass.
Supply of glass for solar expansion
According to Chen, the 3-year contract with Flat Glass will help the company guarantee the long-term supply of solar glass and ease the volatility in the supply chain brought about by the rapid growth of downstream demand.
Chen added: “The stability of the supply chain ensures the safety and reliability of our solar products. We have continued to optimise our supply chain management, bringing greater value to our end customers with high-quality, reliable modules and excellent customer service.
“At the same time, we look forward to exploring more joint opportunities with Flat Glass to lead more cutting-edge development of the PV industry.”
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 20GW for mono wafers, 11GW for solar cells, and 25GW for solar modules, as of 30 September 2020.
JinkoSolar has nine productions facilities globally, 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of 30 September 2020.
To find out more, please see: www.jinkosolar.com.
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