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 (NYSE: JKS) has been named an "Eco-Leader" by Green Builder® Media for the third consecutive year, recognizing its commitment to sustainability and decarbonization efforts. The company has significantly reduced its carbon footprint in manufacturing, product supply chains, and daily energy use. Nigel Cockroft, General Manager of JinkoSolar (U.S.), emphasized the company's responsibility to lead in sustainability practices in the photovoltaic industry. The accolade aims to motivate other manufacturers to enhance their sustainable operations.
JinkoSolar (NYSE: JKS) announced a new record with its advanced solar module achieving a conversion efficiency of 23.53%, surpassing its previous record of 23.01% set in January 2021. This achievement was validated by TÜV Rheinland and results from JinkoSolar's innovative TOPCon cell technology, which enhances performance and aesthetics. The company's commitment to R&D underscores its goal to drive energy efficiency and reduce the levelized cost of energy (LCOE). Such advancements position JinkoSolar favorably in the competitive solar market.
JinkoSolar (NYSE: JKS) announced a strategic cooperation agreement with Maersk Shipping Co., Ltd. on July 9, 2021. This agreement aims to enhance joint logistics capabilities, addressing container shortages caused by the pandemic. CEO Kangping Chen expressed optimism about increasing demand for solar energy and the expected growth in shipment capacity, highlighting JinkoSolar's global marketing system and Maersk's expertise in logistics. The partnership seeks to develop efficient logistics solutions and create a green logistics ecosystem for their clients.
JinkoSolar announced that it has submitted application documents for a potential initial public offering (IPO) of its subsidiary, Jinko Solar Co., Ltd., on the Shanghai Stock Exchange's STAR Market. The IPO aims to issue up to 2.67 billion shares, representing 10% to 25% of Jiangxi Jinko's total capital. Currently, JinkoSolar owns about 73.28% of Jiangxi Jinko, which will decrease to approximately 54.96% post-offering. Proceeds from the IPO will support capital expenditures for solar production lines and a research center, totaling RMB 5.6 billion and RMB 749.8 million, respectively.
JinkoSolar (NYSE: JKS) reported its Q1 2021 financial results, showing total revenues of RMB7.94 billion (US$1.21 billion), a decline of 6.4% year-over-year. Solar module shipments rose 33.7% to 4,562 MW. Gross profit fell 18% to RMB1.36 billion, with a gross margin of 17.1%. Net income decreased by 21.7% to RMB221.1 million. The company anticipates a gross margin between 12% and 15% for Q2 2021 and expects full-year shipments of 25-30 GW. Recent strategic investments were made to secure polysilicon supply amid rising raw material prices.
JinkoSolar (NYSE: JKS) announced a significant investment of RMB315 million in Inner Mongolia Xinte Silicon Materials Co., Ltd. This will support the construction of a high-purity polysilicon production line with an annual capacity of 100,000 tons. Upon completion, JinkoSolar will hold a 9.00% stake in Inner Mongolia Xinte. CEO Kangping Chen expressed confidence in this strategic move, emphasizing the partnership with Xinte Energy to enhance the stability of silicon material supply and reduce supply chain volatility in the growing photovoltaic industry.
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JinkoSolar, a leading solar module manufacturer, announced that its Tiger Pro dual glass module has received the world's first IEC TS 62804-1-1:2020 certification from DEKRA. This certification validates the module's exceptional anti-PID performance and quality under extreme conditions, meeting stringent safety and performance standards. The certification process involved a rigorous evaluation of potential-induced degradation in crystalline silicon PV modules. JinkoSolar aims to excel in high-performance modules, responding to the increasing market demand for efficiency and power output.
JinkoSolar (NYSE: JKS) has announced that it will release its unaudited financial results for the first quarter ending March 31, 2021, before the U.S. market opens on June 25, 2021. An earnings conference call will be held the same day at 8:00 a.m. Eastern Time, with dial-in details provided. For those unable to attend, a replay will be accessible starting two hours after the call concludes until July 2, 2021. JinkoSolar is recognized as a leading solar module manufacturer, boasting a robust production capacity across multiple locations worldwide.