SHANGHAI — JinkoSolar will begin offering residential solar financing to its customers through the GreenSky® Program (“GreenSky”) in the U.S.
Installers who purchase JinkoSolar PV modules can now register to use GreenSky’s competitive loan program and its technology platform, which includes a mobile application to help installers get homeowners approved in a process that is paperless, fast, and easy. There will also be a call center to help installers or homeowners with any questions. Uniquely, JinkoSolar’s installers can receive progress payments on each installation, creating better cash flow and an opportunity to tackle more jobs.
“Our mission aligns nicely with GreenSky’s mission. We seek to help our installers grow and delight their customers,” said Jeff Juger, Director of Business Development of JinkoSolar (U.S.) Inc. “Many installers are technically proficient but lack the financing options that appeal to homeowners. This program will give our installers a competitive edge, as homeowners increasingly look to own their own solar systems. In all, we believe this offer will allow installers to earn more business and homeowners to put solar cost-effectively on their rooftops.”
“As one of the largest home improvement loan programs in the country, we have worked with some of the largest retailers and name brand manufacturers in the U.S. We vet our partners carefully and think that JinkoSolar’s quality and operations records speak for themselves,” said Jeffrey Gold, Senior Vice President of Account Management at GreenSky. “We have already financed $600 million in solar systems and are excited to work with JinkoSolar to make clean electricity more affordable to Americans.”
The program is available immediately in all 50 states. Homeowners who own the system can take full advantage of the federal investment tax credits, as well as any local and state incentives.
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 3 GW for silicon ingots and wafers, 2.5 GW for solar cells, and 4.0 GW for solar modules, as of September 30, 2015. JinkoSolar also sells electricity in China, and has connected approximately 846 MW of solar power projects to the grid, as of September 30, 2015.
JinkoSolar has over 15,000 employees across its 5 productions facilities in Jiangxi and Zhejiang Provinces, China, Malaysia, Portugal and South Africa, 12 global sales offices in China, Spain, the United Kingdom, the United Arab Emirates, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Brazil, Costa Rica and Mexico and 11 oversea subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile.
GreenSky, LLC, one of the leading financial technology companies in the country, provides technology-enabled, payment solutions that power our partners to close more deals and create loyal customers. In just nine years, GreenSky® has exploded into a multi-billion dollar company that has helped more than 8,000 merchants provide fast, frictionless and easy financing options to more than 500,000 consumers. GreenSky® consumer credit programs financing is provided by federally insured, federal and state chartered financial institutions without regard to regard to race, color, religion, national origin, sex or familial status. GreenSky is based in Atlanta, Georgia.