JinkoSolar Partners with CleanFund Commercial PACE Capital to Address US Commercial Solar Market

SolarPACETM is designed to maximize solar energy cash flow to commercial and industrial (C&I) property owners. CleanFund fully funds the installation of the system, while end users re-pay CleanFund through property taxes over terms as long as 30 years.

SHANGHAI, March 17, 2017 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc., will partner with CleanFund Commercial PACE Capital to offer long-term project financing to US commercial project customers through the SolarPACETM program.


SolarPACETM is designed to maximize solar energy cash flow to commercial and industrial (C&I) property owners. CleanFund fully funds the installation of the system, while end users re-pay CleanFund through property taxes over terms as long as 30 years. SolarPACETM solves most credit challenges found in commercial solar project financing. There are solutions for tenants who are leasing their properties, as well as flexible options to utilize solar tax credits. Project developers who use JinkoSolar modules together with SolarPACETM will be eligible for incentives that will lower their project costs.

"SolarPACETM is an excellent fit for the C&I space because it uniquely maximizes cash flow for the end customer, a value proposition we think our customers will find useful for their sales toolkits," said Nigel Cockroft, General Manager at JinkoSolar (U.S.) Inc. "We always seek to enhance our installers' competitiveness, and this partnership with CleanFund will be key to that effort."

"As a provider of long-term financing, we appreciate projects integrated with high quality materials from reliable suppliers," said Brandon Deno, Vice President of Solar at CleanFund. "JinkoSolar has a proven reputation as a dependable and world-class module manufacturer."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 5.0GW for silicon ingots and wafers, 4.0GW for solar cells, and 6.5 GW for solar modules, as of December 31, 2016.

JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, and 15 overseas subsidiaries across Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. JinkoSolar has 18 global sales offices across China (2), United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.

To find out more, please see: www.jinkosolar.com

Featured Product

Introducing RockIt Smart Slide

Introducing RockIt Smart Slide

Introducing RockIt Smart Slide - the ultimate solution for fast and easy installation of the rail-less RockIt racking system on composition shingle roofs. Smart Slide conforms to UL 441 and TAS 100 (A)-95 for wind and wind-driven rain, providing a super-strong watertight seal that is achieved through compression, in most cases without the need for additional sealant. The waterproofing sealant is embedded deep into the granules of the shingle, thanks to the integrated flexible foam layer that provides cushioning. This ensures a secure fit that conforms to any architectural-style shingle. With UltraGrip Technology™, you can rely on a secure installation, as it absorbs the movement created by thermal expansion and contraction. The pre-installed sealing pads are compatible with all composition shingle roofs, making it the ideal choice, even in ambient temperatures as low as 5 degrees.