JinkoSolar and Andalay sign solar panel agreement

Source:Andalay Solar, Inc.

JinkoSolar Holding Co., Ltd. ("JinkoSolar") (JKS), a global leader in the photovoltaic (PV) industry, today announced that it has entered into a Memorandum of Understanding with Andalay Solar, Inc. ("Andalay") (WEST), whereby JinkoSolar intends to license and manufacture solar modules using Andalay's Instant Connect® frame technology. With existing residential market demand for the Andalay compatible solution, this new offering will be a valuable addition to JinkoSolar's current module line up offering. JinkoSolar is targeting to offer the new Jinko-branded modules in the second half of the year.

JinkoSolar will be offering a 60 cell polycrystalline solution equipped with a black Andalay frame, which has passed the UL1703 Type 1 Fire Classification. This high efficiency module will be made available specifically for the residential market, supporting JinkoSolar's strong development in this sector.

"We have been rapidly expanding our sales in the U.S. residential market this year, and we are very optimistic that the differentiated solution presented by the Andalay compatible modules will support our growth," said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. "With the current trend and success of rail-less mounting hardware in the residential segment, we are pleased to provide our customers with more options, such as the Andalay compatible solution, for mounting JinkoSolar modules on their roofs."

"It is a huge step forward for Andalay to have JinkoSolar agree to produce Andalay compatible modules and showcase it at Intersolar North America. We believe that this will accelerate the adoption of Andalay mounting hardware as an industry standard within the U.S. residential solar market, as more of Jinko's residential solar customers sign on to the benefits of the Andalay system: faster, easier and simpler installations," commented Andalay Solar's President & CEO, Steven Chan. "We are excited to be a strong part of Jinko's rapidly expanding market share within the rooftop solar market here in the U.S."

JinkoSolar will exhibit the new modules with Andalay's Instant Connect® frame technology at Booth #7321, Intersolar North America, taking place at the Moscone Center in San Francisco, California, July 14-16.

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