JinkoSolar Tops Wood Mackenzie’s Global Solar Module Manufacturers Ranking 2025

SHANGRAO, China, February 10, 2025 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it ranked No.1 in the Global Solar Module Manufacturers Ranking 2025 report recently published by Wood Mackenzie, thanks to its outstanding technological capabilities and highly efficient module performance. This achievement not only reflects the Company’s commitment to high-quality development in module manufacturing but also highlights its leadership position in the global photovoltaic industry.

This report ranked leading PV module manufacturers based on data collected from the first half of 2024. According to the report, 40 solar module manufacturers were evaluated based on nine criteria: years of manufacturing experience (10%), module manufacturing experience in production(10%), vertical integration(15%), capacity utilization(10%), technological maturity(15%), R&D(5%), financial conditions (10%）*, adherence to Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) standards(10%), and third-party certifications(15%). The results highlight JinkoSolar’s strong performance across all criteria, showcasing its stronger financial strength and more sustainable operating capability.

JinkoSolar, as a technology-driven enterprise, focuses heavily on R&D and patent innovation. With its cutting-edge N-type TOPCon technology and globally leading patent portfolio, JinkoSolar’s products are recognized and trusted by customers in nearly 200 countries and regions. By the end of 2024, the Company’s cumulative module shipments exceeded 300 GW, maintaining its position as the global leader in module shipments for five years. Notably, its Tiger Neo N-type TOPCon modules, launched just two years ago, have already achieved shipments of 140 GW. In 2024 alone, Tiger Neo modules reached quarterly sales exceeding 20 GW, making them one of the world’s best-selling module type for six consecutive quarters.

JinkoSolar has recently introduced its revolutionary third-generation N-type TOPCon Tiger Neo 3.0 solar modules, setting new industry benchmarks with higher performance and power. This series offers modules with power outputs of up to 670W and the industry’s first 495W residential module with a remarkable conversion efficiency of up to 24.8%. Moving forward, JinkoSolar will continue to drive industry advancements by leveraging continuous innovation in TOPCon technology and the strong support of new products. With a focus on higher-power solutions, the Company aims to raise industry standards and accelerate the evolution of the photovoltaic industry.

Legal Statement

About JinkoSolar Holding Co., Ltd.

Jinko Solar Co., Ltd. (the “Company”, or “Jinko Solar”) (SSE: 688223) is one of the most famous and innovative solar technology companies in the world. Its business covers the core links of the photovoltaic industry chain, focusing on the R&D of integrated photovoltaic products and integrated clean energy solutions. At present, Jinko Solar’s products serve more than 3,000 customers in more than 160 countries and regions around the world, and the company has ranked No.1 in global module shipments from 2016 to 2019. By the end of Q1,2023, the cumulative module shipments of Jinko Solar have exceeded 150GW. Jinko Solar is an industry opinion leader under various international frameworks such as B20, and it is also one of the first solar energy companies to join the RE100 green initiative.

Jinko Solar is the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell and module production in the industry. It has a total of 14 global production bases in China, the United States, Malaysia and Vietnam. JinkoSolar expects its annual production capacity for mono wafer, solar cell and solar module to reach 75.0 GW, 75.0 GW and 90.0 GW, respectively, by the end of 2023. Jinko Solar has more than 1,000 R&D and technical employees and has won many honors such as “National Enterprise Technology Center”, “National Technology Innovation Demonstration Enterprise”, “Champion of Manufacturing “, and has formulated many international and domestic industry standards such as IEC. Jinko Solar continuously expands the diversified application scenarios of photovoltaic technology, including building-integrated photovoltaic, photovoltaic hydrogen production, energy storage and other fields, and strives to create a new energy ecosystem.

Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.

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:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com