JinkoSolar Signs its First European Framework Agreement for Energy Storage Solutions with Memodo GmbH

PVTIME – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced on May 13 that it has signed its first European Energy Storage Solution (ESS) agreement with Memodo GmbH (“Memodo”). The Memodo exclusivity agreement for JinkoSolar’s ESS product portfolio will cover the D-A-CH region (Germany, Austria and Switzerland) for 2022 and 2023, respectively, which includes an all-in-one system, a stackable low-voltage and high-voltage storage system and a single or three-phase hybrid inverter. All power storage devices are installed with lithium iron phosphate batteries and are compatible with well-known inverters.

Mr. Frank Niendorf, General Manager of JinkoSolar for Europe, commented, “The distributed generation market is growing impressively in Europe, and with this exclusive collaboration with Memodo for the D-A-CH region, we will further reach our growth ambitions for both PV and ESS markets. In Memodo, we have found a loyal partner with the same core values as JinkoSolar and a partner that prioritizes building solid relationships like we do. We want to thank Memodo for their trust in the past and we look forward to more collaborations in the future. We believe that the synergy between JinkoSolar and Memodo will lead us to achieve our desired successes in these rapidly growing sectors of the PV industry.”