#China #Solar Technology #JinkoSolar #Shangrao #BloombergNEF

JinkoSolar Secures Top Spot in 2024 PV Module Bankability Survey

JinkoSolar Holding Co., Ltd., one of the world's leading solar module manufacturers, has achieved a significant milestone by being ranked as the most bankable solar module company in the 2024 PV Module Bankability Survey conducted by Bloomberg New Energy Finance (BloombergNEF). This recognition highlights JinkoSolar's resilience in the competitive solar industry and underscores its commitment to innovation, financial reliability, and product excellence.

The BloombergNEF survey, a cornerstone reference for financial institutions assessing the viability of solar projects, gathered critical insights from key players in the industry, including global banks, investment funds, and independent power producers. JinkoSolar distinguished itself with a perfect bankability rating of 100%, a clear indicator of its robust financial standing and unwavering commitment to quality.

The Journey to Bankability

As of the end of 2024, JinkoSolar has shipped over 300 gigawatts of solar modules globally, with the Tiger Neo series contributing more than 140 gigawatts to this total. The Tiger Neo 3.0 series, which utilizes cutting-edge N-type TOPCon technology, boasts impressive power ratings exceeding 670 watts and a maximum efficiency of 24.8%, along with bifaciality that can reach up to 85%. This high bifaciality feature alone can yield an approximate 3.38% increase in overall power generation, particularly in settings with high reflectivity.

Moreover, the enhancements brought about by the bifaciality have led to a reduction in the Levelized Cost of Electricity (LCOE) by 3.14%, making JinkoSolar's products not only efficient but also economically attractive for investments in renewable energy. This exceptional efficiency and cost-effectiveness position JinkoSolar as a frontrunner in the industry.

What This Means for the Industry

According to Ms. Dany Qian, Vice President of JinkoSolar, the results from this survey signify JinkoSolar’s leadership as the preferred partner for financial institutions and project developers alike. She emphasized the company’s commitment to continuous investment in research and development, particularly with N-type technology, and its objective to foster collaborative innovation, especially in integrated solar and storage solutions.

JinkoSolar's vision is clear: to accelerate the transition to sustainable energy worldwide with cutting-edge green energy products. As the company moves forward, it aims to set the standard for quality and reliability in the solar industry, which is paramount for financial institutions and developers looking toward the future of energy.

Broad Global Reach

JinkoSolar operates a vast international network with over 10 production facilities and more than 20 subsidiaries across key markets, including the United States, Europe, Asia, and beyond. With a diverse customer base that includes utility, commercial, and residential sectors, JinkoSolar continues to strengthen its foothold in the global solar market, ensuring that its innovative solutions reach nearly 200 countries.

In conclusion, JinkoSolar not only stands out for its technological advancements but also for its unwavering commitment to providing reliable and economically viable solar solutions. As we continue to face global energy challenges, companies like JinkoSolar play a crucial role in transitioning to a more sustainable future.

For more information, visit JinkoSolar’s official website.