Jinko ESS Sign Memorandum of Agreement with SolarToday for SunGiga All in One Distribution Partnership

Rhea-AI Summary

JinkoSolar (NYSE: JKS) has signed a Memorandum of Agreement with SolarToday to distribute its SunGiga All-in-One energy storage products across multiple European markets including Benelux, Romania, Greece, Germany, and Turkey. The partnership leverages SolarToday's extensive European market presence and technical expertise alongside Jinko's energy storage technologies.

The collaboration aims to provide an integrated solution combining solar PV and advanced Battery Energy Storage Systems (BESS), strengthening Jinko ESS's presence in European territories. This strategic partnership focuses on addressing growing needs for grid stability and renewable energy integration across the EU region.

Positive

• Strategic expansion into key European markets through established distributor
• Integration of PV and BESS solutions enhances product offering
• Partnership with experienced distributor provides access to established customer network

Negative

• None.

News Market Reaction – JKS

+3.73%

+3.73% Session move

In the trading session that priced this news, JKS gained 3.73%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MUNICH, May 8, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar, Denmark has entered into a Memorandum of Agreement("MoA") with SolarToday to distribute the SunGiga All-in-One products in the Benelux, Romania, Greece, Germany, and Turkey(the "Territory").

This MoA strengthens Jinko ESS's presence in the Territory through a distribution partnership with SolarToday, a trusted and long-established PV distributor with extensive market reach and technical know-how across Europe. The collaboration brings together SolarToday's local expertise and customer network with Jinko's bankable energy storage technologies, offering a seamless one-stop solution that combines solar PV and advanced BESS.

Roberto Murgioni, General Manager ESS Europe at Jinko ESS, commented, "This collaboration positions SolarToday as Jinko's key partner in scaling energy storage deployment across the EU, where the need for grid stability and seamless renewable integration is growing rapidly. In SolarToday, we have found not only a trusted pan- EU ally but one that shares our core values and long-term vision. Together, we are advancing a one-stop clean energy solution that integrates both PV and BESS, simplifying the transition to smarter, more resilient power systems for customers across the EU region. This partnership marks a significant step toward accelerating innovation and delivering a meaningful impact in Europe's clean energy future."

Mr. Tom Engbers, CEO for SolarToday added, "We regard Jinko as a KEY-Partner in our Pan-EU distribution model and signing this strategic distribution model for the ESS markets expresses our joint ambition in terms of partnership and determination to make a real difference in the solar energy market with our focus on Generation (PV), Storage (ESS) and Usage (EV). We are very proud to be a partner of Jinko ESS."

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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of March 31, 2025.

For investor and media inquiries, please contact:

In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com 

View original content:https://www.prnewswire.com/news-releases/jinko-ess-sign-memorandum-of-agreement-with-solartoday-for-sungiga-all-in-one-distribution-partnership-302449880.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What is the significance of JKS's partnership with SolarToday for European markets?

The partnership enables JinkoSolar to distribute SunGiga All-in-One products across Benelux, Romania, Greece, Germany, and Turkey through SolarToday's established network, strengthening Jinko ESS's presence in Europe.

Which countries are included in JinkoSolar's distribution agreement with SolarToday?

The distribution agreement covers Benelux, Romania, Greece, Germany, and Turkey.

What products will SolarToday distribute for JinkoSolar (JKS)?

SolarToday will distribute JinkoSolar's SunGiga All-in-One products, which combine solar PV and advanced Battery Energy Storage Systems (BESS).

How does the JKS-SolarToday partnership benefit European customers?

The partnership provides customers with a one-stop clean energy solution that integrates both PV and BESS technologies, simplifying the transition to smarter and more resilient power systems.