JinkoSolar Announces Business Highlights for the First Half of 2025
JinkoSolar (NYSE:JKS), a leading global solar module manufacturer, reported strong performance for H1 2025, with module shipments reaching 41.8 GW, of which over 60% went to overseas markets. The company achieved a significant milestone by becoming the first manufacturer to deliver 350 GW of total solar modules.
JinkoSolar set new efficiency records with its N-type TOPCon technology, achieving 27.02% laboratory conversion efficiency for cells and 25.58% for modules. The company's mass-produced TOPCon cells exceeded 26.5% efficiency.
For Q3 2025, JinkoSolar expects module shipments of 20.0-23.0 GW, with full-year 2025 guidance of 85.0-100.0 GW. By year-end 2025, production capacity is projected to reach 120.0 GW for mono wafer, 95.0 GW for solar cells, and 130.0 GW for solar modules.
JinkoSolar (NYSE:JKS), uno dei principali produttori mondiali di moduli solari, ha registrato un solido primo semestre 2025, con spedizioni di moduli pari a 41,8 GW, di cui oltre il 60% destinate ai mercati esteri. La società ha raggiunto un importante traguardo diventando il primo produttore a superare i 350 GW di moduli solari totali consegnati.
JinkoSolar ha stabilito nuovi record di efficienza con la tecnologia N-type TOPCon, raggiungendo una efficienza di conversione in laboratorio del 27,02% per le celle e del 25,58% per i moduli. Le celle TOPCon prodotte in serie hanno superato il 26,5% di efficienza.
Per il terzo trimestre 2025, JinkoSolar prevede spedizioni di moduli tra 20,0 e 23,0 GW, con un orientamento per l'intero 2025 di 85,0–100,0 GW. Entro la fine del 2025, la capacità produttiva dovrebbe raggiungere 120,0 GW per wafer mono, 95,0 GW per celle solari e 130,0 GW per moduli solari.
JinkoSolar (NYSE:JKS), un destacado fabricante global de módulos solares, presentó un sólido desempeño en el primer semestre de 2025, con envíos de módulos de 41,8 GW, de los cuales más del 60% se destinaron a mercados extranjeros. La compañía alcanzó un hito importante al convertirse en el primer fabricante en entregar 350 GW de módulos solares totales.
JinkoSolar fijó nuevos récords de eficiencia con su tecnología N-type TOPCon, logrando una eficiencia de conversión en laboratorio del 27,02% en células y del 25,58% en módulos. Las células TOPCon producidas en serie superaron el 26,5% de eficiencia.
Para el tercer trimestre de 2025, JinkoSolar espera envíos de módulos de 20,0 a 23,0 GW, con una guía para todo 2025 de 85,0–100,0 GW. Para finales de 2025, se proyecta que la capacidad de producción alcance 120,0 GW de obleas mono, 95,0 GW de células solares y 130,0 GW de módulos solares.
JinkoSolar (NYSE:JKS)은(는) 글로벌 선도 태양광 모듈 제조사로서 2025년 상반기에 견조한 실적을 발표했습니다. 모듈 출하량은 41.8GW였으며 이 중 60% 이상이 해외 시장으로 공급됐습니다. 회사는 누적 총 350GW의 태양광 모듈 납품을 달성한 최초의 제조사가 되는 이정표를 세웠습니다.
JinkoSolar는 N형 TOPCon 기술로 새로운 효율 기록을 세워, 셀은 실험실 전환 효율 27.02%, 모듈은 25.58%를 달성했습니다. 양산된 TOPCon 셀은 26.5% 초과 효율을 기록했습니다.
2025년 3분기에는 모듈 출하량 20.0–23.0GW를 전망하며, 2025년 연간 가이던스는 85.0–100.0GW입니다. 2025년 말까지 단결정 웨이퍼 생산능력은 120.0GW, 태양전지 95.0GW, 태양광 모듈 130.0GW에 이를 것으로 예상됩니다.
JinkoSolar (NYSE:JKS), fabricant mondial majeur de modules solaires, a affiché de solides résultats au premier semestre 2025, avec 41,8 GW d'expéditions de modules, dont plus de 60 % vers des marchés étrangers. La société a franchi une étape importante en devenant le premier fabricant à livrer 350 GW de modules solaires au total.
JinkoSolar a battu des records d'efficacité grâce à sa technologie N-type TOPCon, atteignant une efficacité de conversion en laboratoire de 27,02 % pour les cellules et de 25,58 % pour les modules. Les cellules TOPCon produites en série ont dépassé 26,5 % d'efficacité.
Pour le troisième trimestre 2025, JinkoSolar prévoit des expéditions de modules de 20,0 à 23,0 GW, avec des prévisions pour l'ensemble de 2025 de 85,0–100,0 GW. À la fin de 2025, la capacité de production devrait atteindre 120,0 GW pour les wafers mono, 95,0 GW pour les cellules solaires et 130,0 GW pour les modules solaires.
JinkoSolar (NYSE:JKS), ein weltweit führender Hersteller von Solarmodulen, verzeichnete im ersten Halbjahr 2025 eine starke Performance: die Modul-Lieferungen beliefen sich auf 41,8 GW, davon gingen über 60 % in Auslandsmärkte. Das Unternehmen erreichte einen wichtigen Meilenstein als erster Hersteller, der insgesamt 350 GW an Solarmodulen ausgeliefert hat.
Mit der N-type TOPCon-Technologie setzte JinkoSolar neue Effizienzrekorde und erreichte eine Labor-Umwandlungseffizienz von 27,02 % bei Zellen und 25,58 % bei Modulen. Seriengefertigte TOPCon-Zellen übertrafen eine Effizienz von 26,5 %.
Für das dritte Quartal 2025 erwartet JinkoSolar Modul-Lieferungen von 20,0–23,0 GW, mit einer Jahresprognose für 2025 von 85,0–100,0 GW. Bis Ende 2025 soll die Produktionskapazität auf 120,0 GW für Mono-Wafer, 95,0 GW für Solarzellen und 130,0 GW für Solarmodule anwachsen.
- Record total module shipments of 41.8 GW in H1 2025
- Achieved milestone of 350 GW total solar module deliveries
- New efficiency records: 27.02% for TOPCon cells and 25.58% for modules
- Strong production capacity expansion planned for end of 2025
- Over 60% of shipments to overseas markets, showing strong international presence
- None.
Insights
JinkoSolar demonstrates industry leadership with record shipments, efficiency breakthroughs, and ambitious capacity expansion plans driving strong positioning in premium solar segments.
JinkoSolar's H1 2025 results showcase its market dominance and technological edge in the solar manufacturing sector. The 41.8 GW module shipment figure represents significant scale, with over 60% of shipments going to overseas markets, indicating strong global demand despite competitive pressures in the industry. The company's achievement of delivering 350 GW total lifetime module shipments positions it as the industry's first to reach this milestone.
The efficiency breakthroughs are particularly noteworthy. Their N-type TOPCon cells achieved a laboratory conversion efficiency of
The production capacity roadmap reveals a strategic pivot toward higher-power modules. By upgrading existing TOPCon capacity, JinkoSolar expects 40-50% of total capacity to produce modules exceeding 640 Wp by year-end, with some capacity reaching 650-670 Wp by end of 2026. This positions the company to capture premium pricing in the utility-scale solar segment where higher efficiency directly translates to lower balance-of-system costs.
The Q3 guidance of 20-23 GW module shipments and full-year projection of 85-100 GW demonstrate management's confidence in sustained demand. The planned production capacity expansion to 120 GW for mono wafer, 95 GW for solar cells, and 130 GW for modules by year-end indicates JinkoSolar is investing heavily to maintain its market leadership position while preparing for continued industry growth.
SHANGRAO,
Key Business Highlights in the First Half of 2025:
- Total module shipments were 41.8 GW; over
60% of module shipments went to overseas markets. - By June 30, 2025, we became the first module manufacturer in the world to have delivered a total of 350 GW of solar modules.
- New records in both cell and module efficiencies:182 N-type high-efficiency TOPCon cells achieved a full-area laboratory conversion efficiency of
27.02% ; N-type TOPCon modules achieved a maximum laboratory conversion efficiency of25.58% . - Mass-produced efficiency for TOPCon cells exceeded
26.5% , with the conversion efficiency of high-efficiency series reaching27.1% . - We have continued to upgrade existing TOPCon capacity through technology enhancements. By June 30, 2025, we had over 20 GW of high-efficiency capacity. We anticipate that capacity with a mainstream power output of over 640 Wp will account for 40~
50% of our total capacity by the end of 2025, with some capacity expected to reach power output of 650-670 Wp by the end of 2026.
Business Outlook Highlights
Third Quarter and Full Year 2025 Guidance
The Company's business outlook is based on management's current views and estimates with respect to market conditions, production capacity, the Company's order book and the global economic environment. This outlook is subject to uncertainty on final customer demand and sale schedules. Management's views and estimates are subject to change without notice.
For the third quarter of 2025, the Company expects its module shipments to be in the range of 20.0 GW to 23.0 GW.
For full year 2025, the Company estimates its module shipments to be in the range of 85.0 GW to 100.0 GW.
Solar Products Production Capacity
The Company expects its annual production capacity for mono wafer, solar cell and solar module to reach 120.0 GW, 95.0 GW and 130.0 GW, respectively, by the end of 2025.
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
JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in
To find out more, please see: www.jinkosolar.com
For investor and media inquiries, please contact:
In
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com
In the
Ms. Linda Bergkamp
Christensen,
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
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SOURCE JinkoSolar Holding Co., Ltd.
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