JinkoSolar

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JinkoSolar Holding Co., Ltd.

Type	Public
Traded as	NYSE: JKS
ISIN	US47759T1007
Industry	Photovoltaics
Founded	2006
Headquarters	Shanghai
Key people	Xiande Li (Chairman), Kangping Chen (CEO)
Revenue	US$5.38 billion (2020)[1]
Operating income	US$273.6 million (2020)[1]
Number of employees	over 13,500[2]
Website	http://www.jinkosolar.com

JinkoSolar Holding Co., Ltd. (NYSE: JKS) is currently the world's largest solar panel manufacturer,^[3][4] shipping 11.4 GW of modules in 2018. Headquartered in Shanghai, China, the company started out as a wafer manufacturer in 2006 and went public on the New York Stock Exchange in 2010.^[5]

JinkoSolar distributes its solar products and sells to a 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 9 GW for silicon ingots and wafers, 5 GW for solar cells, and 9 GW for solar modules, as of June 30, 2018.^[6]

JinkoSolar has over 13,500 employees across its 6 productions facilities globally, with 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and United Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Kenya, South Africa, Costa Rica, Colombia, Panama, and Argentina.^[2]

JinkoSolar is a member of the 'Silicon Module Super League’ (SMSL), a group of the biggest c-Si module suppliers in the solar PV industry today. The four other original members of the group are Canadian Solar, Hanwha Q CELLS, JA Solar, and Trina Solar.^[7]

In 2021, the U.S. Customs and Border Protection began blocking the import of JinkoSolar products into the United States due to concerns about the use of forced Uyghur labor.^[8]

Products[]

Jinko Solar offers both polycrystalline and monocrystalline photovoltaic modules. In early 2016, the company introduced Eagle Black and Eagle Dual modules. The Eagle Black module is a nano-scale etched module that has a high light absorption rate of 99.7 percent, improved production when light hits at an angle during dawn and dusk and outperforms standard panels on cloudy days.^[9] The Eagle Dual is a dual-glass module that has low degradation rates and comes with a 30-year warranty.^[10] The company also offers 1,500 volt utility-scale modules.

Technology[]

JinkoSolar holds the world record for P-type Poly PERC and Mono PERC cell efficiency at 22.04%^[11] and 23.95%^[12] respectively. JinkoSolar also announced that the 60P version of its P-type PV module peak power broke the world record again with power exceeding 370 W and the N-type PV module peak power reaching 378.6 W.^[13]

References[]