{"id":49260,"date":"2021-04-12T06:09:21","date_gmt":"2021-04-11T19:39:21","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=49260"},"modified":"2021-04-12T06:09:21","modified_gmt":"2021-04-11T19:39:21","slug":"jinkosolar-fy20-results-mb1950","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/","title":{"rendered":"JinkoSolar Publishes Q4 2020 And Full Year Results"},"content":{"rendered":"

\"Jinko<\/p>\n

For solar panel manufacturing giant JinkoSolar, its 2020 shipment figures read like the pandemic never happened.<\/p>\n

For the final quarter of 2020, JinkoSolar module shipments reached 5,774 MW, up 27.2% year over year. Despite what it called a “challenging year”, the company achieved 18,771 MW for the full year – up 31.4% on 2019.<\/p>\n

That’s 43% more than the amount of small-scale solar capacity ever installed in Australia (~13GW).<\/p>\n

In 2019, the firm was no.1 for solar panel shipments<\/a> and given 2020’s result, chances are it will retain its crown. As of the end of 2020, the firm’s cumulative module shipments reached 70 gigawatts.<\/p>\n

Looking ahead, JinkoSolar Chairman and CEO\u00a0 Xiande Li predicts supply issues vs. demand will continue to drive volatility during the current quarter. He also touched on the polysilicon supply issue<\/a>.<\/p>\n

“While there are still supply shortages, there is enough polysilicon to support over 180GW of module production and supply is sufficient in most segments of the supply chain.”<\/p><\/blockquote>\n

Supply issues for manufacturers last year and early this year went beyond polysilicon – there have also been challenges in securing sufficient levels of other components such as solar glass, although more glass capacity is expected to be available as the year goes on and Jinko noted a recent reduction in price.<\/p>\n

Mr. Li is expecting an even bigger year for the company this year, forecasting total shipments in 2021 to grow more than 30% to within the range of 25GW to 30GW (including cells and wafers). For the first quarter of 2021, JinkoSolar expects total solar module shipments to be in the 4.5 GW to 5.0 GW range.<\/p>\n

Mr. Li also expects Jinko’s in-house annual production capacity of monocrystalline silicon wafers to reach 33GW, 27GW for solar cells and 37GW for solar panels by the end of this year; up from 22 GW, 11GW and 31 GW respectively as at the end of December.<\/p>\n

The full report can be viewed here<\/a> and a subsequent earnings call transcript here<\/a>.<\/p>\n

Top Solar Panel Supplier In Australia In 2020<\/h2>\n

On a related note, an article published on the Smart Energy Council website last week stated<\/a> JinkoSolar captured the highest market share in the Australian rooftop distributed generation market in 2020 (16%), selling more than 500MW of solar panels. The claim was based on customs data.<\/p>\n

The company has racked up 9 years of experience in the Australian market, establishing a presence here back in 2012. Australian Jinko solar panel reviews<\/a> on SolarQuotes have generally been positive and the company continues to be listed on SQ\u2019s trusted solar panels brands<\/a> chart.<\/p>\n

In other recent news from the firm, we mentioned early this month JinkoSolar had launched a new series of Tiger Pro solar panels suitable for rooftop installations<\/a>, offering a maximum power of 415W and a conversion efficiency of 21.3%. No word yet on when those will be available in Australia.<\/p>\n

Related:<\/b> pick up some tips on choosing the best solar panels<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

For solar panel manufacturing giant JinkoSolar, its 2020 shipment figures read like the pandemic never happened.<\/p>\n","protected":false},"author":17,"featured_media":49261,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-49260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nJinkoSolar Publishes Q4 2020 And Full Year Results - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"For solar panel manufacturing giant JinkoSolar, its 2020 shipment figures read like the pandemic never happened.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JinkoSolar Publishes Q4 2020 And Full Year Results\" \/>\n<meta property=\"og:description\" content=\"For solar panel manufacturing giant JinkoSolar, its 2020 shipment figures read like the pandemic never happened.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-11T19:39:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/jinkosolar-panels.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"JinkoSolar Publishes Q4 2020 And Full Year Results\",\"datePublished\":\"2021-04-11T19:39:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\"},\"wordCount\":478,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/jinkosolar-panels.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-fy20-results-mb1950\/\",\"name\":\"JinkoSolar Publishes Q4 2020 And Full Year Results - 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Jinko says its total shipments\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar 2021 results","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":45559,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q3-results-mb1791\/","url_meta":{"origin":49260,"position":2},"title":"JinkoSolar Continues To Power Through Pandemic","author":"Michael Bloch","date":"December 8, 2020","format":false,"excerpt":"Chinese solar panel manufacturer JinkoSolar announced its unaudited financial results for the third quarter ended September 30, 2020 earlier today. It was another successful quarter, but not without its challenges. The company reports shipment of solar modules during the quarter reached 5,117MW - up 53.8% year over year - and\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar Q3 2020 results","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/jinkosolar-q3-2020.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/jinkosolar-q3-2020.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/jinkosolar-q3-2020.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/jinkosolar-q3-2020.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/jinkosolar-q3-2020.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":14883,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-eagle-ac-panel-mb0200\/","url_meta":{"origin":49260,"position":3},"title":"JinkoSolar Announces Eagle AC Solar Module","author":"Michael Bloch","date":"September 11, 2017","format":false,"excerpt":"JinkoSolar has formally announced its new Eagle AC solar panel, a monocrystalline PERC PV module incorporating Enphase Energy's IQ6 microinverter. JinkoSolar says the \"plug and play\" Eagle AC will simplify logistics, with fewer components needing to be stocked, transported and installed.\u00a0 The panel\/microinverter pairing also provides a single point of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Jinko Eagle AC solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/jinko-solar-eagle-ac.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/jinko-solar-eagle-ac.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/jinko-solar-eagle-ac.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/jinko-solar-eagle-ac.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":56513,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q3-2021-mb2257\/","url_meta":{"origin":49260,"position":4},"title":"JinkoSolar Q3 2021 Results Released","author":"Michael Bloch","date":"December 1, 2021","format":false,"excerpt":"Shipments of JinkoSolar panels took a small hit in Q3 - but the Jinko juggernaut continues to rumble on. Early today JinkoSolar announced its unaudited financial results for the third quarter ended September 30, 2021, indicating 4,993 MW of product was shipped in Q3 (modules: 4,671 MW, cells and wafers:\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar panel shipments Q3 2021","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/jinkosolar-panels.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":91861,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-320gw-panels-mb3174\/","url_meta":{"origin":49260,"position":5},"title":"JinkoSolar Announces (Another) Panel Shipment Milestone","author":"Michael Bloch","date":"May 6, 2025","format":false,"excerpt":"Chinese PV module and energy storage manufacturer JinkoSolar claims to have maintained its global lead in cumulative solar panel shipments and indicates its battery business is building. In December last year, Jinko celebrated having shipped 300GW of solar panels since the company was founded. Last week, the firm the said\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JinkoSolar employees celebrating panel shipment milestone","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/jinkosolar-320gw.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/jinkosolar-320gw.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/jinkosolar-320gw.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/jinkosolar-320gw.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/jinkosolar-320gw.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/49260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=49260"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/49260\/revisions"}],"predecessor-version":[{"id":49264,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/49260\/revisions\/49264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/49261"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=49260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=49260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=49260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}