Pros

Tier 1, Billion dollar company.
Australian Office
Good efficiency rating and variety of solar modules.
They manufacture all components themselves.
Good performance in low-light conditions.
Cost-effective, making them a good choice for homeowners and businesses looking to install solar panels on a budget.

Cons

Some customers have reported quality control issues with panels arriving with some scratches on them.
The Sinovoltaics PV Module Manufacturing Ranking has Jinko in 48th Position, with their financials in the ‘grey zone’, so neither safe nor in distress. The report can be downloaded from here.

Our Thoughts

A quality product for a reasonable price, manufactured by a massive Chinese company with a strong and long trading history since 2006.

The Australian office allows for warranty issues to be catered for, even if your installation company disappears.

Be cautious, as sometimes these panels are offered by ‘cheap and nasty’ installers. If these panels are poorly installed, they won’t stand the test of time. However, when installed by a reputable installer with a good track record, they become a reliable choice, producing power for decades.

The last panel from their production line, the ‘Tiger’ series, boasts an amazing 21.7% efficiency. This performance is outstanding and comes with a 25-year product warranty and a 30-year performance warranty. It only experiences up to a 0.40% yearly degradation, ensuring great yearly power retention. Additionally, it offers enhanced low-light performance and has a superior aesthetic appeal.

Without a doubt, we would choose the Tigers for our own house or business.

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Company Overview

History

Jinko Solar, a Chinese solar energy firm established in 2006, is headquartered in Shanghai, China. It ranks among the world’s leading solar panel manufacturers, boasting a global presence through sales offices and representatives across Europe, Asia, and the Americas.

Initially, Jinko Solar commenced operations as a small solar cell manufacturer but swiftly diversified into solar module production. The company’s unwavering commitment to quality and innovation propelled its rapid ascent, solidifying its position as an industry leader.

In 2010, Jinko Solar achieved a significant milestone by becoming the first Chinese solar company to go public on the New York Stock Exchange, marking a turning point that elevated its prominence and provided essential capital for further expansion. Throughout its journey, Jinko Solar has consistently fostered innovation, earning recognition and accolades for its technological prowess and sustainability initiatives.

With a firm dedication to sustainability, the company has undertaken several measures to reduce its environmental footprint, including the adoption of renewable energy sources in its manufacturing facilities and the implementation of a closed-loop recycling system for its products. Today, Jinko Solar stands as a prominent global player in the solar industry, renowned for its top-tier solar panels employed in diverse applications, ranging from residential and commercial installations to large-scale solar power plants.

An outstanding example of Jinko Solar’s impact is the Sweihan Solar Power Project in Abu Dhabi, boasting a remarkable 1.17 gigawatt capacity. Powered by over 3 million Jinko Solar panels spanning 7.8 square kilometres, this project is anticipated to supply electricity to more than 195,000 homes in the UAE while simultaneously curbing carbon emissions by a staggering 1 million metric tons annually.

Manufacturing Locations, Capacity & Awards

Jinko Solar produces solar panels across various global locations, such as:

China
Malaysia
United States

Their U.S. manufacturing facility, strategically placed in Jacksonville, Florida, was established in response to the 2018 tariffs enacted during President Trump’s administration. With an impressive annual production capacity exceeding 20 gigawatts, Jinko Solar stands as one of the world’s leading solar panel manufacturers.

To date, the company has successfully delivered over 130 gigawatts of solar panels and operates a vast network of 35+ service centres, extending its reach to more than 160+ countries with a substantial annual order volume of 8000+ units. Additionally, Jinko Solar has garnered numerous accolades and recognitions, including:

Being featured in the 2022 Hurun China Top 500 list
Ranking 152nd among China’s Top 500 Private Enterprises
Securing the 309th position on the Fortune 500 China list in 2022

Consistently, Jinko Solar has earned the title of the “Most Bankable” PV brand by Bloomberg New Energy for eight consecutive years and was named among Forbes’ Top 50 Sustainable Companies in China for 2023. Furthermore, it was included:

In various prestigious lists such as the 2022 SSE Science and Innovation 50 Index
MIT-Global Top 50 Smart Companies, Forbes China’s Top 50 Innovative Companies
Fortune China’s Top 50 Best Design Companies in China for 2022

The company has also been recognised by the China Listed Companies Association for their “Excellent ESG Practice Cases of Listed Companies” in 2022, and they received the 2022 Ernst & Young Sustainability Awards’ Outstanding Enterprise of the Year accolade. Moreover, they were featured in the 2022 Harvard Business Review’s “China New Growth – ESG Innovation Practice List” and received the “Achieving the Sustainable Development Goals 2021 Best Corporate Practices” award from the UN Global Compact China Network in 2021.

Jinko Solar’s commitment to innovation and sustainability has earned them the “Most Promising Clean Energy Technology Award” from Forbes China in 2021, as well as the “Enterprise of the Year Award” for Digital Transformation from Harvard Business Review. Their dedication to clean energy has also been recognised with the Securities Daily’s China Clean Energy Innovation Excellence Award.

Please note that Jinko Solar has received numerous additional awards and recognitions since its inception in 2006, demonstrating its consistent commitment to excellence.