{"id":60196,"date":"2022-03-24T07:03:31","date_gmt":"2022-03-23T20:33:31","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=60196"},"modified":"2022-03-24T07:03:31","modified_gmt":"2022-03-23T20:33:31","slug":"jinkosolar-q4-2021-mb2407","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/","title":{"rendered":"JinkoSolar Releases Q4 And Full Year 2021 Results"},"content":{"rendered":"

\"JinkoSolar<\/p>\n

Solar panel manufacturer JinkoSolar is very pleased with its results for what the company described as a very challenging year.<\/p>\n

In terms of the final quarter of last year, the company’s shipments reached 9,024 MW for solar panels and 669 MW for cells and wafers. Jinko says its total shipments (9,693 MW) were up 94.1% sequentially and up 67.9% year over year. The company’s total annual shipments hit 25,242 MW, with solar panels accounting for 22,233 MW – up 18.4% year over year for modules.<\/p>\n

That represents a heck of a lot of modules – numbers weren’t provided by the company, but based on 410 watt solar panels it would work out to more than 54.2 million. But Jinko cranks out much more powerful panels these days, up to 620 watts capacity.<\/p>\n

Commenting on the company’s results, JinkoSolar Chairman and CEO Xiande Li said:<\/p>\n

“We were very pleased to close a very challenging year of 2021 with excellent results. We were able to swiftly respond to supply chain volatility and logistic challenges thanks to our competitive advantages in supply chain management and global network.”<\/p><\/blockquote>\n

Mr. Li noted in the fourth quarter of 2021, Jinko’s gross profit doubled, operating profit quadrupled and non-GAAP net profit increased by approximately 13 times sequentially. Total revenues for the full year of 2021 were RMB40.83 billion (US$6.41 billion), up 16.2% from RMB35.13 billion for 2020.<\/p>\n

The company closed out the year with annual mono wafer production capacity of 32.5 GW, 24 GW for solar cells (940 MW of that N-type cell capacity) and 45 GW solar panel manufacturing capacity.<\/p>\n

2022 Outlook<\/h2>\n

For the first quarter of this year, Jinko expects its total shipments (solar modules, cells and wafers) to be in the range of 7.5 GW to 8 GW, and for the full year in the range of 35 GW to 40 GW.<\/p>\n

JinkoSolar expects its annual mono wafer, solar cell and solar panel production capacity to reach 50 GW, 40 GW (including 16.9 GW N-type cells<\/a>) and 60 GW respectively by the end of 2022.<\/p>\n

Among the new capacity already brought online this year is a 7GW monocrystalline silicon wafer plant in Vietnam. The company says it also has roughly 16 GW of N-type cell capacity operational in the first quarter of 2022 and is steadily ramping up production.<\/p>\n

Jinko’s full fourth quarter and full year 2021 results can be viewed here<\/a>.<\/p>\n

In other recent news from the company, earlier this month it announced the first Tiger Neo 470 watt panels have arrived in Australia.<\/p>\n

“Tiger Neo will complement the existing range of Tiger N type panels widely used in Australia since JinkoSolar first started breaking N type records in 2019,” stated the company.<\/p><\/blockquote>\n

You can see specifications and estimated pricing of the Tiger Neo range – and compare them to a bunch of other models from Jinko and other brands – using the SolarQuotes solar panel comparison table<\/a>.<\/p>\n

Jinko’s products are generally more towards the budget end of the module pricing spectrum, but are of good quality and the company is currently an SQ-approved brand. Jinko solar panel reviews<\/a> here on SolarQuotes from Australian customers have averaged 4.7 stars overall from 1,663 ratings at the time of publishing, and 4.9 stars over the last 12 months.<\/p>\n

In the SolarQuotes 2022 Installers’ Choice Awards, Jinko scored second place in the best value solar panel category<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solar panel manufacturer JinkoSolar is very pleased with its results for what the company described as a very challenging year.<\/p>\n","protected":false},"author":17,"featured_media":60197,"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-60196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nJinkoSolar Releases Q4 And Full Year 2021 Results - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Solar panel manufacturer JinkoSolar is very pleased with its results for what the company described as a very challenging year.\" \/>\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-q4-2021-mb2407\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JinkoSolar Releases Q4 And Full Year 2021 Results\" \/>\n<meta property=\"og:description\" content=\"Solar panel manufacturer JinkoSolar is very pleased with its results for what the company described as a very challenging year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/\" \/>\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=\"2022-03-23T20:33:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png\" \/>\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\/png\" \/>\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-q4-2021-mb2407\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"JinkoSolar Releases Q4 And Full Year 2021 Results\",\"datePublished\":\"2022-03-23T20:33:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/\"},\"wordCount\":534,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/jinkosolar-panels.png\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q4-2021-mb2407\/\",\"name\":\"JinkoSolar Releases Q4 And Full Year 2021 Results - 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On Friday, Jinko announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022; plus the firm provided guidance for 2023's\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 Solar panel shipments","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/jinkosolar-results.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/jinkosolar-results.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/jinkosolar-results.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/jinkosolar-results.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/jinkosolar-results.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":88327,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-300gw-panels-mb3066\/","url_meta":{"origin":60196,"position":1},"title":"JinkoSolar Clocks Up 300GW Of Panel Shipments","author":"Michael Bloch","date":"December 5, 2024","format":false,"excerpt":"Chinese solar panel manufacturing goliath JinkoSolar says the firm now ships 1GW of modules every 4 days. Last week, Jinko was celebrating having shipped 300GW of solar panels since it began operations; adding to the distinctions of (claiming to be) the first to reach 100GW (in April 2022) and 200GW\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","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/jinkosolar-300gw.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/jinkosolar-300gw.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/jinkosolar-300gw.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/jinkosolar-300gw.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/jinkosolar-300gw.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":56513,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q3-2021-mb2257\/","url_meta":{"origin":60196,"position":2},"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":60196,"position":3},"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":[]},{"id":20353,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-2017-results-mb0521\/","url_meta":{"origin":60196,"position":4},"title":"JinkoSolar’s Stellar Solar Panel Shipment Tally","author":"Michael Bloch","date":"March 28, 2018","format":false,"excerpt":"JinkoSolar recently announced it had shipped a very impressive 9,807 MW of solar panel capacity in 2017, a 47.3% increase on 2016 - and the company expects to better last year's figure in 2018. In its fourth quarter and full year 2017 financial results, the company reported total solar module\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 solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/jinko-solar-panels.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/jinko-solar-panels.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/jinko-solar-panels.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":51523,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinkosolar-q1-2021-mb2054\/","url_meta":{"origin":60196,"position":5},"title":"JinkoSolar Releases Q1 2021 Results","author":"Michael Bloch","date":"June 28, 2021","format":false,"excerpt":"While polysilicon price pressure weighed on major solar panel manufacturer JinkoSolar in Q1, it still had a cracking quarter for shipments. The company released its unaudited financial results for the first quarter ended March 31, 2021 on Friday that indicated quarterly shipments were 5,354 MW. This total was comprised 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":"JinkoSolar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/06\/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\/06\/jinkosolar-panels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/06\/jinkosolar-panels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/06\/jinkosolar-panels.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/06\/jinkosolar-panels.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/60196","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=60196"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/60196\/revisions"}],"predecessor-version":[{"id":60200,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/60196\/revisions\/60200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/60197"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=60196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=60196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=60196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}