Jinkosolar Forecasts a Big 2020

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According to the Company, thanks to its broadly diversified global footprint, localized services teams, multiple hubs and flexible logistics, the negative effects will be reduced to the minimum. In addition, facilitated by high level of automation, Jinkosolar could be the earliest manufacturer to recover production and ramp up to its full capacity.

Based on the recently published Global Data report, Jinkosolar finished a strong year with record-high sales of 14.2GW, securing its leading position for the fourth consecutive year.  After being questioned about the possibility to hit the initial target for 2020 after an unexpected spread of the virus, the Company is still optimistic and confident to catch up the products schedule to fulfill its 50% order visibility which has already been locked for the year.

Model Tiger ready to be rolled out

If 2019 was the year during which Jinkosolar Cheetah became the most talked-about solar panel, 2020 may be the year for its Tiger 470 to take the industry by storm, thanks to the greater power and efficiency that this new panel can deliver. Without adding additional cost to BOS, Tiger panel will allow customers to achieve a major reduction in the LCOE and accelerate the pace of technology innovation. Sales has started Q4 last year, and the first deliveries of Tiger panel, which is designed to combine features of a maximum power of 470 watt and module efficiency of 20.9 %, are scheduled in Q1 this year. Already Jinkosolar is seeing a heavy interest in the Tiger module thanks to its high energy density. By the end of this year, Jinkosolar expects the capacity of Tiger module’s premium series — to be 10 GW.

Swan bifacial ready to take off

Another hot module is Swan Bifacial with DuPont transparent backsheet which has been perceived as one of the best selling bifacial panels to date. After delivered its first order to Australia Q3 last year, Jinkosolar has booked 1.8 GW orders and has become one of the best selling bifacial modules in the world. The demand is strong as more and more EPC, developers, investors understand the value implications of this product.

Instead of reducing frontside glass thickness to save weight which has been quietly adopted by some dual glass bifacial module makers, Jinkosolar Swan bifacial panel with transparent backsheet keeps the thickness of frontside glass unchanged to guarantee the robustness of the panel.

Based on current trends it seems that Swan bifacial will be able to outsell dual glass particularly in some regions where BOS cost is a critical factor to total investment.

Jinkosolar had a strong track record of “stating goals and then meeting or, usually, exceeding them”. If these predictions come true, 2020 could be a seminal year for the company.