Leading global module manufacturer JinkoSolar, claims the firm shipped almost 1200 MW+ by the end of 2020. In addition to this, JinkoSolar says it has also been recognized as the top supplier to India in last quarter (Q4) with a 650 MW shipment number across all segments. The firm also cites Globalwits, a trade intelligence firm to support these numbers.
The impressive India numbers come on the back of a record global shipment number of 70 GW+ installation across the globe. Jinko, which has been present in India for some time now, has a strong customer mix between major IPPs, C&I Developers, EPCs and Rooftop players. They have made a strong push to penetrate in the distribution segment as well with the Tiger and Tiger Pro Series modules which have been proven performers in the utility segment.
Jinko’s gains in India also augur well for the country’s much needed shift from poly to mono modules. With most leading global manufacturers ceasing, or close to ceasing production of poly modules, it is important for India to shift to the more efficient mono modules too. Jinko has been pitching the latest bifacial technology in recent times, again, well ahead of market adoption. The country has just started seeing its earliest utility sale bifacial module projects now. Jinko counts top developers ranging from Azure Power, Fortum, ReNew Power, Mahindra Susten, CleanTech, Hinduja Group, KEC International among others in 2020 that helped it reach its annual shipment number of 1.2 GW+ to India only.
The India numbers are impressive, when seen in the context of the COVID pandemic, raw material price rise and shortage, high freight charges, etc. The firm clearly sees this as a key market, with high hopes to see future growth too. In recent months, the firm has also been building a strong case for its larger output and size modules, in size 182 mm.
In recent months, the firm has also been building a strong case for its larger output and size modules, in the 182 mm wafer technology. Globally, Jinko is well spread out, with 9 productions facilities globally, 21 overseas subsidiaries.
A company spokesperson said “With this, we promise for an even better 2021 and thank all our customers, colleagues, and industry counterparts in India in helping us achieve this amazing feat.”