Founded in 2006, JinkoSolar celebrates the important milestone of its 10th Anniversary this year. As a fitting start to its next decade in business, on 27 May, JinkoSolar announced record-breaking financial results for the first quarter of 2016. Due to the strong sales of its flagship Eagle poly series, JinkoSolar’s total shipments were 1,600 MW, a stunning increase of 102.7 per cent from Q1 2015. Total revenue was 847.8 million USD, representing an increase of 98.8% from Q1 2015.
JinkoSolar has surpassed all other Tier 1 manufacturers, becoming the top solar module manufacturer for the first time. In addition, given the 6 to 6.5 GW annual production capacity and an average 20 per cent gross profit, JinkoSolar is likely to be the largest solar module manufacturer worldwide across the full calendar year in 2016.
In Australia, JinkoSolar has enjoyed rapid growth in its Smart Module range, such as the SolarEdge and Maxim panels. JinkoSolar SolarEdge panels have proven a time saver for installers, delivering cutting-edge Tesla hybrid systems, whilst giving end users greater access to performance information than ever before.
Since its foundation, JinkoSolar has been sharpening its three major competitive advantages: Technology, Quality and Customer’s Trust. JinkoSolar believes providing the most cost-effective products, which are high efficiency, low degradation and competitively priced, is the key to winning customers’ trust. JinkoSolar’s Eagle Series, 99.98 per cent production acceptance rate and 20.13 per cent world-record poly-cell production line, are some of the reasons why customers all over the world choose Jinko.
Combining RIE + PERC technologies, JinkoSolar’s poly-cell production line efficiency will reach 20.5 per cent in the second half of 2016, bringing PV technology to the next level. In the next three to five years, JinkoSolar expects to increase its power output by 22-30 per cent, achieving 330 W output from a 60-cell module. On the other hand, the cost per watt is expected to decrease by 22-30 per cent, allowing better return on investment for solar project investors.