JinkoSolar's U.S. Orders Stay Strong Amid Political Pressure

September 4, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--JinkoSolar (NYSE:JKS) (Shanghai, China), a leading global solar panel manufacturer, shook off a dip in solar-panel selling prices in the second quarter to notch up a 34% year-over-year growth in module shipments. Industrial Info is tracking more than $16 billion worth of active and planned projects that are using, or considering, JinkoSolar as a service provider; more than $10 billion worth are capital-spending projects with a medium-to-high (70% or more) probability of beginning construction as scheduled. JinkoSolar is among the companies that stand to be affected by a bill recently introduced in the U.S. Senate that would keep American tax dollars from going to Chinese companies seeking to build factories in the U.S. Other companies featured: Invenergy, NextEra Energy Incorporated (NYSE:NEE), Juwi AG, Deriva Energy, Tri-State Generation and Transmission Association, National Grid plc and Global Infrastructure Partners.