JinkoSolar Bags Highest AAA Ranking in PV ModuleTech Bankability Report
The prestigious recognition underscores the company's exceptional performance in financial indicators and its leadership in N-type TOPCon technology.
July 28, 2023. By Anurima Mondal
JinkoSolar’s subsidiary Jinko Solar Co., Ltd. recently published estimates of certain preliminary unaudited financial results for the first half of 2023. The preliminary unaudited net income attributable to the shareholders of Jiangxi Jinko is estimated to be in the range from RMB 3.66 billion to RMB 4.06 billion, increasing by from 304.38 percent to 348.58 percent year over year, and demonstrating solid profitability growth quarter over quarter.
In the first quarter of 2023, JinkoSolar delivered 13.04 GW of solar modules. With this remarkable performance, JinkoSolar has solidified its No.1 shipment position as a leading solar module supplier globally, with a cumulative module shipment of 150 GW by the end of the first quarter of 2023.
JinkoSolar has made significant strides in large-scale production of N-type TOPCon modules, achieving a mass production efficiency of 25.4 percent. It expects mass-produced N-type cell efficiency to reach 25.8 percent and N-type cell capacity to account for over 70 percent of its solar cell capacity by the end of 2023.
By the end of the first quarter of 2023, JinkoSolar’s accumulated N-type module shipments exceeded 16 GW, providing support for hundreds of projects globally over the past year. The proportion of N-type modules shipments in its total module shipments is expected to reach about 60 percent in 2023, as the Company expects strong demand for high-efficiency products from a growing number of markets and customers.
Kangping Chen, CEO of Jinko Solar Co. Ltd., commented, "As a leading solar module manufacturer, we are honored to be recognized by PV Tech as the most bankable solar brand among customers, investors, and banks worldwide. This serves as a testament to our unwavering commitment to research, rigorous quality control, and technological innovation. We will continue to elevate the quality, reliability, and long-term performance of our PV modules to create greater value and returns for our shareholders."
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix