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JinkoSolar posted a 62.53% and 225.79% growth in third-quarter sales and net profit on Monday and said the industry could be poised for N-type TOPCon mainstream.

The forecast-beating third-quarter results of JinkoSolar could secure its No.1 position in 2023 and continue this leadership into 2024. Demand for its real-world proven higher-performance N-type TOPCon panels, JinkoSolar is expected to lead the N-type mainstream in 2024.

For the year ahead, one of the world’s largest solar module manufacturers predicted stronger and healthy growth and a drop in DG inventory levels. “We can expect 2024 to be a stronger and healthy growth year for JinkoSolar,” said Dany Qian, VP of JinkoSolar, with the company expecting to “do better than the overall industry” next year.