JinkoSolar secures AAA status in PV Tech’s latest review

By investing over CNY 3.611 billion in R&D, JinkoSolar secures a strong global position. (Image Source: JinkoSolar)

JinkoSolar, a China-based solar technology leader, has reclaimed its AAA bankability rating in PV Tech’s Q3 2024 report, reinforcing its standing in the PV industry. By September 2024, the company shipped an impressive 73.13 GW of PV products, with n-type modules accounting for 85% of shipments—a 31.29% increase compared to the previous year. The growth is attributed to JinkoSolar’s technological advancements, particularly its Tiger Neo Generation 3 modules using HOT4.0 technology, which deliver up to 670W with a conversion efficiency of 24.8%. According to JinkoSolar, these modules outperform competitors by 40 W and have an 85% bifacial rate. The company’s substantial R&D investment of CNY 3.611 billion (~$494 million) has been pivotal in driving innovation, says JinkoSolar