JinkoSolar and Saint-Gobain Building Distribution Deutschland have signed a contract in which the Chinese PV manufacturer will supply the German company with 54MW of crystalline-silicon solar modules. The deal calls for Jinko to ship 4MW of panels to SGBDD this year, with the remaining 50MW to be supplied in 2011.
Financial terms of the agreement were not disclosed.
The deal marks the third module supply arrangement made public by Jinko over the past week; along with the quantities stipulated in the previously announced contracts with Enfinity and an unnamed solar company, the SGBDD agreement pushes the cumulative amount of panels to be delivered to 208MW.
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SGBDD CEO Udo Brandt, noting that Jinko's modules had passed his company's “stringent due diligence and quality tests,” said that “we plan to sell modules purchased from JinkoSolar in a great number of our chain stores throughout Germany. JinkoSolar has an established track record and is our largest solar module supplier to date. We look forward to developing a long-term relationship with the company, as we believe solar products will be increasingly beneficial to our overall business expansion.”