Jinkosolar Hold Stock Price, News & Analysis

JinkoSolar (NYSE: JKS) announced a breakthrough in their N-type TOPCon solar module technology, achieving a record-high conversion efficiency of 25.42%, as verified by TÜV SÜD. The innovative module incorporates advanced technologies such as metalization enhancement, high-precision non-destructive patterning, and high-energy density hydrogen passivation. These innovations reduce internal resistance losses, significantly enhancing efficiency. This milestone demonstrates the potential for rapid mass production of the module, reinforcing N-type TOPCon's competitive edge in sustainable energy solutions.

JinkoSolar has been recognized as a Top Performer in the 2024 PV Module Reliability Scorecard by Kiwa PVEL, marking its tenth consecutive recognition in all reliability categories. This edition introduced a new Top Performer category for hail testing, where JinkoSolar's EAGLE G6 series was specially distinguished. JinkoSolar is one of only two manufacturers to achieve this consistent recognition across all ten editions, reflecting its commitment to quality, innovation, and market-leading solutions. The PV Module Reliability Scorecard highlights manufacturers excelling in Kiwa PVEL's Product Qualification Program tests.

JinkoSolar (NYSE: JKS), a prominent solar module manufacturer, announced a breakthrough in its N-type TOPCon-based perovskite tandem solar cell, achieving a record 33.24% conversion efficiency. Tested by the Shanghai Institute of Microsystem and Information Technology, this surpasses the previous 32.33% record. Leveraging innovations like ultra-thin poly-Si passivated contact and novel light-trapping technology, this advancement demonstrates the synergy between TOPCon and next-gen perovskite/silicon tandem cells, breaking the efficiency ceiling of single-junction silicon cells. JinkoSolar's extensive R&D has resulted in over 3,800 global patent applications, with 3,500 granted. CTO Dr. Jin Hao highlights this achievement as a testament to the company’s commitment to technological innovation, aiming to build a sustainable energy future.

JinkoSolar Holding announced that its 2000-Volt EAGLE® Modules are the first to achieve UL certification for UL61730-1, UL61730-2, and IEC 61215 standards. These high-quality modules, certified in collaboration with UL Solutions, will be selectively deployed in the U.S. in Q3 2024, with general market availability in 2025.

The 2000-Volt modules enhance utility-scale project efficiency by increasing string lengths, reducing system component costs, and minimizing energy loss, thus offering a more competitive levelized cost of energy and higher ROI for projects. This milestone represents a significant advancement since the introduction of 1500-Volt modules eight years ago.

UL Solutions praised the collaboration, emphasizing their commitment to industry competitiveness and safety. JinkoSolar highlighted its strength in R&D and cost-effective scaling of advanced technologies to benefit U.S. customers.

JinkoSolar delivered over 1.1 million Tiger Neo modules to The Witznitz Solar Park in Germany, part of a 650 MW module capacity project. The facility, managed by MOVE ON Energy, is the biggest PV project in Germany and among the largest in Europe. The project includes investment from SIGNAL IDUNA and a 15-year PPA with Shell Energy Europe, aiming to produce 0.6 terawatt hours of electricity annually.