SHANGRAO, China, March 5,
2025 /PRNewswire/ -- JinkoSolar Holding Co.,
Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, today announced that it was ranked as the most bankable
solar module company in the 2024 PV Module Bankability Survey by
Bloomberg New Energy Finance (BloombergNEF). JinkoSolar was the
only solar module company to receive a 100% bankability rating in
this year's survey, thanks to its strong financial position,
cutting-edge technological innovations, and proven product
reliability.
As one of the most trusted research institutions in the
renewable energy sector, BloombergNEF's annual bankability report
is a key reference for financial institutions assessing credit
risks for solar projects. This year's survey gathered insights from
major industry stakeholders, including global banks, investment
funds, independent power producers (IPPs), and technical advisors,
evaluating module manufacturers based on market share, reliability,
after-sales service, project execution, and financial
stability.
By the end of 2024, JinkoSolar's total module shipments
surpassed 300GW, with Tiger Neo series modules alone exceeding
140GW in cumulative shipments, serving customers across nearly 200
countries and regions. The latest Tiger Neo 3.0 series, built on
industry-leading N-type TOPCon technology, delivers power ratings
exceeding 670W, with a maximum module efficiency of 24.8% and
bifaciality reaching up to 85%. The high bifaciality alone can
contribute to an approximate 3.38% increase in overall power
generation, with even greater gains in high-reflectivity
environments. Beyond higher energy yield, the enhanced bifaciality
also improves project economics, reducing the Levelized Cost of
Electricity (LCOE) by 3.14%, ensuring greater financial benefits
for solar investments while delivering safe, efficient, and
cost-effective clean energy solutions worldwide.
"The results of this survey underscore how JinkoSolar leads the
industry as the preferred solar partner for financial institutions
and the top choice for project developers," commented Ms.
Dany Qian, Vice President of
JinkoSolar. "Looking ahead, JinkoSolar will continue to invest
heavily in R&D, with N-type technology as its foundation while
driving collaborative innovation in integrated "solar + storage"
solutions. JinkoSolar aims to accelerate the global transition to
sustainable energy with the most competitive green energy products
available. "
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative
solar module manufacturers in the world. JinkoSolar distributes its
solar products and sells its solutions and services to 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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had over 10 productions facilities globally, over 20
overseas subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Canada, Malaysia, the United
Arab Emirates, Denmark,
Indonesia, Nigeria and Saudi
Arabia, and a global sales network with sales teams in
China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan,
the United Arab Emirates,
Netherlands, Vietnam and India, as of September
30, 2024.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Among other things, the quotations from management in this press
release and the Company's operations and business outlook, contain
forward-looking statements. Such statements involve certain risks
and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Further
information regarding these and other risks is included in
JinkoSolar's filings with the U.S. Securities and Exchange
Commission, including its annual report on Form 20-F. Except as
required by law, the Company does not undertake any obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com
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