JinkoSolar Tops PV Tech’s 2024 Q1 ModuleTech Bankability Report with AAA Rating
29 Apr 2024

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JinkoSolar, the global leading PV and ESS supplier, today announced that it has once again topped the PV Tech 2024 Q1 ModuleTech Bankability Report, earning a “AAA” rating, which underlines the company’s leadership position in manufacturing excellence, reliable quality, market share, sound financial performance, and technological innovation.

JinkoSolar achieved significant growth in operating and financial performance in 2023. According to the 2023 annual report of its subsidiary Jinko Solar Co., Ltd. released on 22nd  April 2024, total revenue was RMB 118.68 billion, an increase of 43.55% year- over-year. Net profit attributable to shareholders was RMB 7.44 billion, an increase of 153.2% year-over-year. By the end of 2023, the Company’s accumulated global module shipments exceeded 210 GW, with a market share of 15% in 2023, ranking first in the world. Meanwhile, JinkoSolar’s award-winning N-type Tiger Neo module was recognized as one of the top performers of N-type modules in the market.

JinkoSolar has long been committed to technological innovation and exploration, leading the development of N-type technology in the PV industry. JinkoSolar has been granted 330 TOPCon patents and has broken the record of cell conversion efficiency 25 times. The conversion efficiency of the perovskite tandem solar cell based on N-type TOPCon has reached 32.33% and the average mass production efficiency of N-type TOPCon cell has currently reached 26.1%, leading the industry again.

Going forward, JinkoSolar will continue to enhance its technological capabilities, adhere to innovation, and improve the competitiveness of its products. At the same time, it will fully leverage its industry chain synergies to optimize resource allocation, reduce costs, improve the overall competitiveness of the industry, and promote the high-quality development of the global PV industry as well as clean energy in the future.