Welcome to our dedicated page for Jinkosolar Hold news (Ticker: JKS), a resource for investors and traders seeking the latest updates and insights on Jinkosolar Hold stock.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is described in its public communications as one of the largest and most innovative solar module manufacturers in the world, with a vertically integrated photovoltaic value chain from silicon wafers to solar cells and solar modules. The JKS news feed on Stock Titan aggregates company press releases and related coverage so readers can follow how JinkoSolar’s global solar and energy storage activities evolve over time.
News about JinkoSolar commonly covers financial results and business highlights, including unaudited quarterly and half-year results, shipment volumes for solar modules and energy storage systems, and commentary on manufacturing capacity and technology developments such as N-type TOPCon cells and high-power modules. The company also issues updates on corporate actions and governance, such as notices and results of annual general meetings and transactions involving its majority-owned subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board.
In addition, JinkoSolar publishes project and partnership announcements, such as supplying EAGLE G6 modules for a Costco Warehouse in Washington State in cooperation with Trinity Energy, and describing its EAGLE Preserve solar stewardship program for end-of-life module recycling at that site. These stories illustrate how its products are used in utility, commercial and residential contexts across multiple countries.
Investors, analysts and industry observers can use the JKS news page to review the company’s own disclosures on shipments, technology milestones, ESG-related developments such as its MSCI ESG rating, and examples of deployments with partners and customers. Regularly reviewing this news flow can help readers understand JinkoSolar’s operational trends, geographic reach and strategic focus within the global photovoltaic manufacturing landscape.
JinkoSolar has achieved a significant milestone by setting a new record for solar conversion efficiency at 26.4% with its 182 mm N-type monocrystalline silicon solar cell. This breakthrough, verified by the National Institute of Metrology in China, surpasses their previous record of 26.1%. The Company attributes this success to its dedicated R&D team and innovative technologies. Dr. Jin Hao, CTO, expressed confidence in continued advancements in efficiency and cost-effectiveness, contributing to the clean energy transition.
JinkoSolar (NYSE: JKS) announced it will supply approximately 522 MW of Tiger Neo 78 Cell modules for Phase 1 of the Santa Luzia Complex Project in Paraíba, Brazil. This project, which will eventually generate 1.2 GW of power, has an estimated investment of BRL 4.1 billion and will create 750 direct jobs. The shipment of modules for Phase 1 began in November 2022 and is expected to complete by May 2023, with commercial operations starting in January 2024. The partnership with Rio Alto Energies Renováveis enhances project reliability and reflects Brazil's commitment to renewable energy.
JinkoSolar Holding Co. (NYSE: JKS) will hold its 2022 annual general meeting on December 28, 2022, at 10:00 a.m. Beijing time. Key agenda items include the re-election of directors Kangping Chen and Haiyun Cao, and ratification of PricewaterhouseCoopers as auditors for fiscal year 2022. Only shareholders of record as of November 28, 2022, are eligible to vote. The notice and the 2021 Annual Report are available on the company’s website. JinkoSolar is a leading global solar module manufacturer with extensive international operations.
JinkoSolar (NYSE: JKS) announced a significant achievement with its 182 mm N-type module reaching a maximum solar conversion efficiency of 23.86%, surpassing its previous record of 23.53% set in July 2021. This breakthrough was validated by TÜV Rheinland, showcasing the effectiveness of JinkoSolar's TOPCon cell technology and advanced manufacturing techniques. The innovative design reduces internal resistance loss, paving the way for mass production of high-efficiency solar products. JinkoSolar aims to lead the solar industry with its N-type technology, enhancing product reliability and efficiency to meet market demands.
JinkoSolar (NYSE: JKS) reported strong financial results for Q3 2022, with total revenues of RMB19.52 billion (US$2.74 billion), up 127.8% year-over-year. Quarterly shipments reached 10,856 MW, doubling from the previous year. Notably, net income surged to RMB549.8 million (US$77.3 million), compared to a loss in Q2 2022. The gross margin improved to 15.7%, boosted by higher N-type module shipments. Looking ahead, JinkoSolar anticipates Q4 module shipments between 13.0 GW to 15.0 GW, reflecting robust market demand, while maintaining an optimistic production capacity outlook for 2023.
JinkoSolar's subsidiary, Jiangxi Jinko, reported preliminary unaudited results for the nine months ending September 30, 2022. The net income attributable to shareholders is estimated between RMB1.65 billion and RMB1.70 billion, representing a year-over-year increase of 128.77% to 135.70%. Excluding extraordinary gains and losses, the net income is projected between RMB1.50 billion and RMB1.55 billion, a notable rise of 412.20% to 429.27%. Caution is advised as these figures reflect different accounting standards compared to JinkoSolar's consolidated financials.
JinkoSolar (NYSE: JKS), a leading solar module manufacturer, announced it will disclose its unaudited financial results for Q3 2022 on October 28, 2022, before U.S. markets open. An earnings conference call will follow at 8:00 a.m. ET the same day. Participants can join via phone or listen to a live webcast on JinkoSolar's Investor Relations page. A replay will be available after the call until November 4, 2022. The company is known for its extensive global operations and innovative solar solutions.
JinkoSolar (NYSE: JKS) announced a record-breaking achievement in solar technology, reaching a maximum conversion efficiency of 26.1% for its 182 mm N-type monocrystalline silicon solar cells. This new record, verified by the National Institute of Metrology in China, surpasses its previous record of 25.7% set in April 2022. The company attributes this advancement to innovative technologies, such as interface defect passivation and ultra-thin metallization. JinkoSolar aims to enhance R&D and mass production capabilities to further elevate industry standards.
JinkoSolar (NYSE: JKS) reported strong second-quarter 2022 results with revenues of RMB18.84 billion (US$2.81 billion), a 137.6% increase year-over-year. Shipments reached 10,532 MW, growing by 102.4% from the previous year. Despite this growth, the company faced a net loss of RMB623.3 million (US$93.1 million), primarily due to rising polysilicon prices and increased operating expenses. Gross profit was RMB2.77 billion (US$413.8 million), with a gross margin of 14.7%. For Q3 2022, JinkoSolar expects shipments between 9.0 GW and 10.0 GW.
JinkoSolar (NYSE: JKS) announced power rationing in Sichuan, impacting its production capacity since August 15, 2022. The local government implemented these measures to address regional power shortages, affecting JinkoSolar's operations. The company is taking steps to mitigate the impact, such as increasing output from other manufacturing facilities and engaging with local authorities. However, uncertainty remains regarding the duration of the power rationing and its potential effects on the company's financial performance for 2022.