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17 Apr 2023

Jinkosolar Achieves AAA Ranking in PV Moduletech Bankability Ratings

17 Apr 2023  by utilities-me.com   

This recognition underscores the company’s outstanding performance in manufacturing and financial indicators and its leadership in N-type TOPCon technology.

JinkoSolar, a leading solar panel manufacturer, has achieved the highest ‘AAA’ category ranking in PV-Tech’s ModuleTech bankability report for Q1 2023.

This recognition underscores the company’s outstanding performance in manufacturing and financial indicators and its leadership in N-type TOPCon technology.

JinkoSolar’s preliminary report for 2022 reveals that it shipped 44.5GW of solar panels, including 10GW of its Tiger Neo N-type TOPCon product.

This represents an impressive 104.77% increase in revenue and a 158.21% increase in net profit year on year.

The company also achieved two significant milestones in the first and second quarters of 2023, becoming the world’s first to exceed 100GW in cumulative shipments and the first to reach the 150GW shipment milestone.

To maintain its technology leadership position, JinkoSolar has invested heavily in research and development, dedicating 10 billion RMB between 2020 and 2022 to advanced cell and module technology and specialty processes.

The company’s commitment to innovation and upgrade has resulted in fundamental changes to the technological advancement of the PV industry, with its open eco-system platform enabling the world’s most advanced, cutting-edge technology to become commercially available for the first time.

JinkoSolar’s ranking also highlights its leadership in N-type TOPCon technology, which has enabled hundreds of projects around the globe to deliver more power and return on investment than previously possible.

Building on the successful Tiger Neo’s 22% platform for module efficiency, JinkoSolar has enhanced the product’s mass production efficiency to 23% in 2023, with a product reaching an efficiency of 24% scheduled for 2024.

JinkoSolar’s impressive ranking in PV-Tech’s ModuleTech bankability report and its continued investment in research and development underscore its commitment to technology leadership and innovation in the solar panel industry.

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