Latest news with #JinkoSolar
Yahoo
26-06-2025
- Business
- Yahoo
JinkoSolar (JKS) Allocates $68.1 Million for Dividends
JinkoSolar Holding Co., Ltd (NYSE:JKS) is one of Goldman Sachs' top Chinese stock picks. On June 13, the company's board of directors approved a cash dividend of $0.325 per ordinary share of US$0.00002 each of the company's ordinary shares. The dividend is to be paid on July 16 to holders of ordinary shares as of the close of trading on July 2, 2025. foxbat/ JinkoSolar is to distribute about $68.1 million as part of the dividend offering. According to Chief Executive Officer Xiande Li, the dividend offering represents a return of capital to shareholders. It also underscores commitment to creating long-term value for shareholders. The executive expects a continued focus on technological innovation, operational excellence, and global capability. The expansion should enable JinkoSolar Holdings to navigate the various market challenges and generate sustainable growth. JinkoSolar Holding Co., Ltd (NYSE:JKS) is one of the world's largest and most innovative solar module manufacturers. It distributes solar products and sells its solutions and services to a diversified international utility, commercial, and residential customer base. While we acknowledge the potential of JKS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
10-06-2025
- Business
- Time of India
Adani makes global Top 10 as solar shipments double — but profits vanish
New Delhi: Global solar photovoltaic (PV) module shipments reached a record 500 gigawatts (GW) in 2024, nearly doubling the previous year's volume, while the top 10 manufacturers posted collective losses of USD 4 billion, Wood Mackenzie said in a new report. The consultancy's Global Solar PV Module Manufacturer Rankings report noted that the leading players faced declining revenues due to intense price competition and continued capital investment, despite increased shipment volumes. 'In many ways, 2024 was a year of survival through scale for the industry,' said Yana Hryshko , Head of Global Solar Supply Chain at Wood Mackenzie. 'Aggressive pricing, intense competition, and continued capital investment weighed heavily on margins as companies pursued long-term leadership in market share and technology.' According to the report, the top 10 solar module manufacturers accounted for 89 per cent of global module shipments and 62 per cent of production capacity. Jinko Solar led the rankings with a score of 90.6 out of 100, followed by JA Solar (89.6), and LONGi Green Energy (86.5). Indian firm Adani Solar ranked ninth with a score of 72.8. The other companies in the top ten were Canadian Solar, Trina Solar, DMEGC Solar, Astronergy, Boviet Solar, Risen Energy , Qcells, TCL Solar, and Tongwei. Despite challenging market conditions, the top manufacturers maintained an average utilisation rate of 69 per cent in 2024. The report highlighted growing diversification in production locations due to trade barriers and local content requirements. Seven of the top 10 companies now operate manufacturing facilities in at least three countries, including India, Cambodia, Malaysia, Mexico, and Vietnam. Expansion plans by several top 20 manufacturers include countries such as Egypt, Oman, Saudi Arabia, South Africa, Qatar, and the UAE. 'Establishing production across multiple countries allows manufacturers to navigate tariffs, local content mandates, and import barriers,' Hryshko added. The rankings also pointed to rising vertical integration, with several companies investing in wafer manufacturing to gain better control over supply chains and reduce reliance on third-party suppliers. 'Moving upstream into wafer production enables tighter control over cost, quality, and compliance,' Hryshko said. In terms of technology, N-type modules dominated 2024 shipments among leading manufacturers. Jinko Solar reported that more than 87 per cent of its shipments last year were N-type modules. TOPCon technology led among advanced technologies with average conversion efficiencies exceeding 24 per cent, while heterojunction (HJT) and back-contact technologies recorded efficiencies of 24 per cent and 25 per cent respectively. Looking ahead, Wood Mackenzie said the solar manufacturing sector will need to focus on balancing cost pressures with investments in innovation, vertical integration, and geographic diversification. 'Despite financial headwinds, the solar manufacturing industry is quickly repositioning for the next cycle of global growth,' Hryshko said.
Yahoo
04-06-2025
- Business
- Yahoo
JinkoSolar Recognized as Top Performer in PVEL's PV Module Reliability Scorecard for the Eleventh Consecutive Time
SHANGRAO, China, June 4, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been recognized as Top Performer across all seven reliability categories in the 2025 PV Module Reliability Scorecard published by Kiwa PVEL ("PVEL"). This marks the 11th consecutive time JinkoSolar has earned Top Performer status – one of only two manufacturers to achieve this distinction. PVEL's PV Module Reliability Scorecard recognizes manufacturers that excel in its Product Qualification Program (PQP), which subjects modules to rigorous lab and field evaluations. Notably, JinkoSolar reinforced its leadership position in PVEL's Hail Stress Sequence (HSS) category, earning Top Performer recognition for the second consecutive year - the only two years the test has been conducted. The EAGLE® G6X (Extreme Weather Module) successfully withstood impacts from 55mm hailstones, the largest size tested. "Achieving Top Performer status 11 consecutive times is a testament to our unwavering commitment to product reliability and excellence. We are especially proud to have earned this distinction across all seven categories," said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. "This achievement reaffirms the trust our customers place in us as a bankable partner committed to delivering consistent, high-quality solutions that meet their evolving needs." "Congratulations to JinkoSolar for achieving Top Performer status across all seven reliability tests in our Scorecard," said Tristan Erion-Lorico, VP of Sales and Marketing at Kiwa PVEL. "For 11 consecutive editions, JinkoSolar has been listed as a Top Performer, which showcases their ongoing commitment to product quality and reliability." About JinkoSolar Holding Co., Ltd. JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of March 31, 2025. To find out more, please see: 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@ View original content: SOURCE JinkoSolar Holding Co., Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
29-05-2025
- Business
- Business Recorder
Jinko Solar launches Tiger Neo X20 Panel
LAHORE: Jinko Solar, one of the leading solar brands has launched its latest innovation — the Tiger Neo X20 panel — at a ceremony held at a local hotel. In his opening remarks, Faraz Muhammad Khan, Business Development & Sales Manager, emphasized Jinko Solar's global leadership with a presence in over 200 countries and over 350 GW of modules shipped worldwide. 'Jinko has held the #1 global ranking for six consecutive years, and in Pakistan, it remains the most trusted solar brand,' he noted. Shehan Talagala (Sales Director) and Faizan Hashmi (Key Account Head North) introduced the Tiger Neo X20, powered by HOT 3.0 N-type TOPCon technology. The guest speaker Waqas Mossa, Chairman of the Pakistan Solar Association, praised Jinko's continued support for Pakistan's energy goals. 'This launch shows Jinko's dedication to bringing world-class solar solutions and driving the country toward a sustainable, energy-secure future,' he said. Copyright Business Recorder, 2025
Time Business News
23-05-2025
- Time Business News
Innovations in Solar Panel Technology You Should Know About
The importance of solar energy in the fight against climate change cannot be overstated. Although improvements have been made in solar panel technology, conventional silicon-based solar cells generally achieve an efficiency rate of approximately 15-20%. This means a large portion of the sunlight they capture is wasted. The latest technologies in solar panels for homes are pushing beyond traditional silicon cells to increase efficiency, flexibility, smart integration, and new applications. The global demand for clean energy is growing, and we need solar panels that can generate more power from less space. Improved efficiency means that we can produce more electricity without requiring large land areas, which is especially important in densely populated or urban environments. Cost is one of the most significant barriers to the widespread adoption of solar energy. While the cost of solar panels has decreased dramatically in recent years, there is still room for improvement. In this blog, we will examine some of the most recent innovations in solar panel technology. Here we are providing you with some of the most talked-about technologies that are going to be changing the solar future completely. A solar panel that employs perovskite materials to capture light and produce electricity. They can absorb specific parts of sunlight, which is great for tandem cells. Chinese manufacturers like Jinko Solar have achieved significant milestones in perovskite-silicon solar cells. Researchers at the University of Oxford have created a power-generating substance using perovskite that is noted for being thin and flexible, making it suitable for application on everyday items like mobile phones and vehicles. This material has been independently verified to achieve an energy efficiency of over 27%. Benefits: High efficiency, Low cost, Simple manufacturing process, Lightweight and thin, and Color-adjustable. Performance Efficiency: up to 30%. Used in: Research and pilot-scale projects. Manufacturers using perovskite solar cells: Oxford PV, Saule Technologies, Swift Solar, Tandem PV. creator: Dennis Schroeder | Credit: Dennis Schroeder / NREL PERC is a solar panel technology that improves the efficiency of standard monocrystalline or polycrystalline silicon solar cells. It's one of the most widely used improvements in solar panels today. Traditional solar cells have: A silicon wafer (absorbs sunlight) Metal contacts (to carry electricity) A basic rear layer (to reflect some light) PERC cells improve this by adding an extra passivation layer on the back side of the cell. Reflects more sunlight into the cell. Reduces energy loss due to the recombination of electrons. Improves performance in low light and high temperature. Benefits: It produces 6 to 12% more energy than a conventional solar panel. Performance Efficiency: 20–22% Used in: Residential Solar Panels, Utility-Scale Solar Farms, and Off-Grid Applications. Common Manufacturers Using PERC: LONGi Solar, JA Solar, Trina Solar, JinkoSolar, LONGi Solar. They are capable of capturing sunlight from both the front and rear surfaces. The front side works like a normal solar panel, absorbing direct sunlight. The back side absorbs light that bounces off the ground, rooftops, water, or other surfaces. Often paired with monocrystalline technology. Benefits: Bifacial panels typically feature a more robust design and offer longer warranty periods. Their annual degradation rate ranges from 0.45% to 0.55%. Efficiency performance: Up to 30% greater than conventional panels. Used in: Utility-Scale Solar Farms, Commercial Rooftops. Common Manufacturers Using Bifacial Solar Panels: Jinko Solar, Canadian Solar, Hanwha Q-Cells It is an advanced type of solar cell designed to stack multiple layers of photovoltaic materials, each capturing different parts of the solar spectrum. Chinese manufacturers like Jinko Solar have achieved significant milestones in tandem solar cell efficiency. In January 2025, JinkoSolar reported a 33.84% efficiency for these cells, as confirmed by the Shanghai Institute of Microsystem and Information Technology under the Chinese Academy of Sciences. Benefits: Less space needed on rooftops or in solar farms, more consistent performance across lighting conditions Performance efficiency: higher More consistent performance across lighting conditions Used in: High-Efficiency Research & Development, Space Applications A quantum dot solar cell is an advanced type of solar cell that uses quantum dots—tiny semiconductor particles just a few nanometers in size—to convert sunlight into electricity. Benefits: It could be super lightweight, semi-transparent, and more efficient in low light. Performance efficiency: 18-19% Used in: Low-Light / Indoor Solar Applications, Flexible & Wearable Electronics A transparent solar panel is a solar technology that produces electricity while allowing light to pass through. Benefits: Dual Functionality, Space-Saving, Eco-Friendly Design Performance efficiency: Around 20-30% used in: Windows, phone screens, and even car sunroofs. It Involves Cadmium Telluride (CdTe), Amorphous Silicon (a-Si), and CIGS (Copper Indium Gallium Selenide) Benefits: Lightweight, flexible, easy to install on irregular surfaces Performance efficiency:10–17% Used in: Portable solar, vehicles It involves installing solar panels on a structure that floats on a body of water like a lake, reservoir, or even the ocean, offering a sustainable alternative to land-based solar farms. The global floating solar market is experiencing significant growth, and experts say it could surpass 10 GW of capacity by 2030. Benefits: Saves Land Space, great for countries with limited area, ideal for urban area or agricultural regions Performance efficiency: Water helps cool the panels, improving energy output (up to 10–15% more efficient) Used in: municipal water reservoirs(Examples:Singapore's Tengeh Reservoir (60 MW system), California's water treatment reservoirs), Agricultural Irrigation Ponds, Industrial Water Bodies Smart solar technology refers to solar power systems that use digital intelligence, like AI (Artificial Intelligence), IoT (Internet of Things), and automation, to make solar energy more efficient, flexible, and user-friendly. AI(artificial intelligence) in solar: AI Solar refers to the use of Artificial Intelligence (AI) to optimize solar power systems. It makes solar setups smarter, more efficient, and self-managing. Predicts solar energy production based on weather data, sun patterns, and past performance. Detects faults, shading issues, or panel degradation in real time. AI can process vast amounts of data from solar farms more quickly than a human team Learn when energy is used most in homes or businesses. AI-guided robots or alerts notify when panels need cleaning or fixing. IoT technology(internet of things): IoT solar technology integrates solar power systems with the Internet of Things (IoT). Every part of your solar system is smart, connected, and automated. A heterojunction solar panel is a high-efficiency solar technology combining two types of silicon (crystalline silicon and amorphous silicon ) into one cell. Huasun Solar – currently among the biggest HJT producers Benefits: Low Degradation Rate, Excellent Temperature Performance, Performance efficiency: boosts performance, especially regarding efficiency(20-30%) Used in: Residential Rooftop Installations, Utility-Scale Solar Farms, High-Temperature Regions The innovation in solar technology is how and where solar power can be used, making clean energy more accessible and adaptable to different environments, from rooftops and deserts to wearable tech and space missions. In this new age of sustainable energy, these latest innovations in solar technology are a driving force to make solar power more efficient, versatile, and integral to the future of global energy systems. As innovation continues, Solar panels are an important part of clean energy around the world and a critical tool in the fight against climate change. TIME BUSINESS NEWS
