JinkoSolar

JinkoSolar Holding Co., Ltd.

Company type	Public
Industry	Solar energy
Founded	December 1, 2006 (2006-12-01) in Shangrao, Jiangxi, China
Headquarters	Shanghai , China
Area served	Worldwide
Products	Solar modules, ingots, wafers, solar cells

JinkoSolar Holding Co., Ltd. (), headquartered in Shanghai, is a manufacturer of solar modules that has been publicly listed on the New York Stock Exchange since 2010. Its affiliate, Jinko Solar Co., Ltd. (), became listed on the Shanghai Science and Technology Innovation Board in 2022.

History

Established in December 2006 in Shangrao, Jiangxi province, China, JinkoSolar expanded its production facilities internationally by opening operations in Malaysia in 2015. The company holds a 20% ownership interest and provided equipment for the UAE's Al Dhafra Solar project, a 2 GW installation completed in 2023 and recognized as one of the largest solar projects worldwide.

In 2021, imports of JinkoSolar products into the United States were restricted by U.S. Customs and Border Protection due to allegations concerning forced labor involving Uyghurs. Nevertheless, in August 2023, the U.S. Department of Commerce determined that JinkoSolar had not evaded tariffs imposed on Chinese imports. Additionally, federal agents conducted a raid on JinkoSolar’s Florida offices in May 2023 amid ongoing investigations. Industry experts have observed that heightened regulatory oversight tends to benefit major manufacturers like JinkoSolar, which has largely adhered to the Uyghur Forced Labor Prevention Act (UFLPA). As of May 2024, no further federal enforcement actions have been disclosed.

In November 2024, JinkoSolar revealed intentions to raise up to 4.5 billion yuan through a listing on the Frankfurt Stock Exchange.

Recognition

JinkoSolar is part of the Silicon Module Super League, a group that includes Canadian Solar, Hanwha Q CELLS, JA Solar, and Trina Solar. In June 2025, it earned RETC’s Overall Highest Achiever award for the sixth year running. RETC (Renewable Energy Test Center) is an independent certification and testing organization specializing in renewable energy technologies, operating accredited laboratories located in California and Arizona under the VDE Group umbrella.

Business trends

Year	Net Revenue	Net Income	Module Shipments
2016	¥21.40 billion (US$3.08 billion)	¥1.25 billion (US$179.4 million)	6,656 MW
2017	¥26.47 billion (US$4.07 billion)	¥209.0 million (US$32.1 million)	9,807 MW
2018	¥25.04 billion (US$3.64 billion)	¥435.8 million (US$63.4 million)	11,400 MW
2019	¥29.75 billion (US$4.27 billion)	¥898.7 million (US$129.1 million)	14,300 MW
2020	US$5.38 billion	US$146.9 million	18,771 MW
2021	¥40.83 billion (US$6.41 billion)	¥721.0 million (US$113.1 million)	25,242 MW
2022	¥83.53 billion (US$12.11 billion)	¥665.2 million (US$96.4 million)	46,580 MW
2023	¥118.68 billion (US$16.72 billion)	¥3.45 billion (US$485.6 million)	83,562 MW
2024	¥92.26 billion (US$12.64 billion)	¥57.5 million (US$7.9 million)	99,596 MW

Manufacturing

JinkoSolar manufactures a range of products including ingots, wafers, solar cells, with a primary focus on photovoltaic modules.

In 2015, the company collaborated with DuPont to incorporate advanced materials into its photovoltaic metallization pastes and polyvinyl fluoride films, aiming to boost module efficiency.

The firm commenced large-scale production of n-type TOPCon cells in 2019 while simultaneously inaugurating its first manufacturing facility in the United States as part of a strategic move to mitigate trade tariff impacts. In 2022, it launched an additional plant in Vietnam to expand its production capabilities further. The company’s objective is to reclaim its position as the leading module supplier by achieving shipment volumes of 100 GW by 2024.