JinkoSolar shipped 11.4 GW of PV modules in 2018

The Chinese manufacturer’s PV module shipments increased 16% to touch 11.4 GW in 2018, making it the top global supplier with market share of 12.8%.

March 28, 2019 Uma Gupta

The advancement of highly efficient Cheetah will still be a focus for JinkoSolar in 2019, and is expected to further drive the sales and revenue.

Image: JinkoSolar

Chinese manufacturer JinkoSolar’s PV module shipments in 2018 increased 16%, year-on-year, to reach 11.4 GW — making it the top global supplier for the third consecutive year, with a dominant market share of 12.8%. Income from operations and net income increased 98.2% and 186.9% over 2017.

JinkoSolar began mass production of its flagship Cheetah series last year, which mainly accounted for the increased profitability. It stepped up production capacity of high-end mono products with mainstream power range of up to 380W. Still, its supply lagged behind the market demand.

As for 2019, the advancement of highly efficient Cheetah will still be a focus for JinkoSolar, and is expected to further drive the sales and revenue.

JinkoSolar is also actively engaged in the development of dual-side PV modules with transparent backsheet, which will bring more changes in its product portfolio.

JinkoSolar serves a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries.

As of September 30, 2018, the company had a vertically integrated solar product value chain, with an integrated annual capacity of 9.2 GW for silicon wafers, 6.5 GW for solar cells, and 10 GW for solar modules. It has 6 production facilities globally.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.