JinkoSolar Takes Top Spot in PV Tech’s 2024 Q1 Bankability Report with AAA Rating

As SolarToday, we proudly serve as the official distributor for JinkoSolar, one of the world’s largest and most innovative solar module manufacturers. Recently, JinkoSolar announced that it has once again secured the top position in the PV Tech 2024 Q1 ModuleTech Bankability Report, earning “AAA” rating. This achievement underscores the company’s leadership in manufacturing excellence, reliable quality, market share, sound financial performance, and technological innovation.

JinkoSolar reported significant growth in operating and financial performance in 2023. According to its subsidiary Jinko Solar Co., Ltd.’s 2023 annual report released on April 22nd, 2024, total revenue reached RMB 118.68 billion, a 43.55% increase year-over-year. Net profit attributable to shareholders also grew significantly, reaching RMB 7.44 billion, a 153.2% increase. By the end of 2023, the company’s cumulative global module shipments surpassed 210 GW, with a market share of 15% in 2023, securing its position as the world’s leading provider. Additionally, JinkoSolar’s acclaimed N-type Tiger Neo module was recognized as one of the top performers among N-type modules in the market.

JinkoSolar has long been at the forefront of technological innovation and exploration, spearheading the development of N-type technology in the PV industry. The company has been awarded 330 TOPCon patents and has set records for cell conversion efficiency 25 times. The conversion efficiency of the perovskite tandem solar cell based on N-type TOPCon has reached an impressive 32.33%, while the average mass production efficiency of N-type TOPCon cells currently stands at 26.1%, reaffirming its industry-leading position.

Looking ahead, JinkoSolar remains dedicated to enhancing its technological capabilities, fostering innovation, and bolstering the competitiveness of its products. Moreover, it will leverage its industry chain synergies to optimize resource allocation, reduce costs, and enhance overall industry competitiveness, thus propelling the high-quality development of the global PV industry and clean energy sector in the future.

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