JinkoSolar Raises Output, Sees High U.S. Demand for Latest Tech
Attachment: Jinko Solar US 0823
August 15, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--JinkoSolar (NYSE:JKS) (Shanghai, China), a leading global solar panel manufacturer, notched up a 74.4% increase in shipments in the second quarter when compared with the same period last year. More affordable prices for modules led to a surge in module demand across several global markets, including the U.S., where the company already is seeing demand for one of its latest models.
Industrial Info is tracking more than $18.5 billion worth of solar projects across the U.S. that are using, or considering using, Jinko's products, including more than $5 billion worth already under construction. Jinko executives singled out the company's second-quarter shipments for N-type modules, which are among the most efficient models on the market. With global shipments totaling about 10.4 GW, Jinko became the first module company to deliver more than 10 GW worth of N-type modules in a single quarter. One of Jinko's N-type products is to be used in an upcoming project from NextEra Energy Incorporated (NYSE:NEE).
Other companies featured: Samsung Group, Hanwha Q Cells, Hanwha Group, Doral Renewables LLC and Invenergy LLC.
