JinkoSolar - Statistics & Facts

JinkoSolar Holding Co., Ltd., is listed as one of the largest solar module manufacturers in the world. The Chinese company established its roots as a wafer manufacturer in 2006 and has established itself as a distributor of solar products to utilities as well as residential and commercial customers in over 70 countries and regions around the world. Nevertheless, China remains JinkoSolar’s largest market despite seeing its market reach expand - especially in the United States and emerging markets such as Chile, Thailand, and India.

JinkoSolar is a member of the Silicon Module Super League (SMSL), whose other six members include other c-Si module suppliers: Canadian Solar, Hanwha Q Cells, JA Solar, Trina Solar, and Xi'an Longi Silicon Materials, and Yingli Green. During this year, an end-market shipment guidance of greater than four gigawatts was required for membership the exclusive group.

JinkoSolar has a vertically integrated solar value chain, producing ingots and wafers, solar cells, and solar modules. Currently, the company produces polycrystalline photovoltaic modules as well as the newly introduced Eagle Black and Eagle Dual modules, which offer improved efficiency rates. JinkoSolar also sells electricity within China. Its subsidiary, Jinko Power, is focused on developing, building, and operating solar power plants around the world.

As the costs of solar technology continue to drop, China’s government will likely reduce prices that are offered to solar developers. This will enable solar energy to be competitive with coal-fired energy in the near future. It will be feasible to cut subsidies to solar energy as efficiency continues to rise and construction costs decrease. However, the enormous influx of solar installations has led to unused capacity within the country’s electricity grids.

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