JinkoSolar Emerges as Top Solar Module Firm in 2024 Survey
JinkoSolar Leads as Most Bankable Solar Module Manufacturer
JinkoSolar Holding Co., Ltd. (NYSE: JKS), a prominent name in the solar module industry, has recently earned the distinction of being the most bankable solar module company according to the 2024 PV Module Bankability Survey conducted by Bloomberg New Energy Finance (BloombergNEF). This notable recognition reflects JinkoSolar’s unwavering commitment to innovation, robust financial structure, and the reliability of its solar products.
Significance of the Ranking
The annual bankability report by BloombergNEF is highly regarded among financial entities for assessing the viability and reliability of solar projects. JinkoSolar's prominent ranking signifies its dominance in the solar market, underscoring its strong standing among industry players. The survey evaluates numerous factors including market share, after-sales service, and overall financial stability, drawing feedback from global banks, investment funds, and independent power producers among others.
Performance Highlights and Product Innovations
By the conclusion of 2024, JinkoSolar announced impressive achievements, with total shipment figures for its solar modules exceeding 300GW. Notably, its Tiger Neo series alone contributed over 140GW to this total, catering to an expansive client base across numerous regions worldwide. The latest Tiger Neo 3.0 series utilizes cutting-edge N-type TOPCon technology, offering power ratings that exceed 670W and achieving maximum module efficiency of 24.8%. Additionally, the sophisticated bifacial design allows for up to 85% bifaciality, enhancing power generation capabilities significantly, especially in reflective environments.
Enhanced Efficiency and Cost Reduction
The advanced bifaciality of JinkoSolar’s modules can lead to approximately a 3.38% increase in overall energy output, alongside a reduction in Levelized Cost of Electricity (LCOE) by 3.14%. These improvements not only offer substantial environmental benefits but also bolster the financial outcomes for solar investments.
Future Innovations and Strategic Goals
In a statement, Ms. Dany Qian, Vice President of JinkoSolar, emphasized the company’s future direction: "The results of this survey underline our position as the preferred partner for financial institutions and project developers. Moving forward, we will relentlessly pursue innovation in our R&D initiatives, focusing on N-type technology and integrated solar solutions, aspiring to expedite the transition towards sustainable energy globally with our top-tier green energy products."
About JinkoSolar
JinkoSolar, renowned for its cutting-edge solar technology, operates on a global scale, serving an array of clients across various sectors including utility, commercial, and residential sectors. With over 10 production facilities worldwide, JinkoSolar maintains a solid network of subsidiaries and a dedicated sales teams situated internationally, enhancing its global presence and influence in the renewable energy market.
Contact Information
For any inquiries, the JinkoSolar team is readily available. Interested parties can reach out to:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Frequently Asked Questions
What does the BloombergNEF survey measure?
The survey measures various aspects like market share, reliability, after-sales service, and financial stability to evaluate solar module manufacturers.
Why is JinkoSolar considered the most bankable manufacturer?
JinkoSolar achieved a 100% bankability rating in the survey, indicating its strength in financial position, product technology, and reliability.
What are the advantages of the Tiger Neo series?
The Tiger Neo series boasts high power ratings, excellent efficiency, and advanced bifaciality that improves energy generation and reduces costs.
What future trends is JinkoSolar focusing on?
JinkoSolar plans to invest in R&D for N-type technology while promoting integrated solar and storage solutions.
How can I contact JinkoSolar?
For inquiries, you can reach Ms. Stella Wang at JinkoSolar via the provided contact details.
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