JinkoSolar Ranked As The Most Bankable Solar Module Company In BloombergNEF’s 2024 PV Module Bankability Survey

Representational image. Credit: Canva

JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, has been ranked as the most bankable solar module company in the 2024 PV Module Bankability Survey by Bloomberg New Energy Finance (BloombergNEF). JinkoSolar was the only solar module company to receive a 100% bankability rating in this year’s survey, a recognition of its strong financial position, cutting-edge technological advancements, and proven product reliability.

BloombergNEF’s annual bankability report is a key reference for financial institutions evaluating credit risks for solar projects. The 2024 survey gathered insights from major industry stakeholders, including global banks, investment funds, independent power producers (IPPs), and technical advisors, assessing module manufacturers based on factors such as market share, reliability, after-sales service, project execution, and financial stability. JinkoSolar’s top ranking underscores its leadership in the global solar industry and its ability to support large-scale solar investments.

Ms. Dany Qian, Vice President of JinkoSolar, said in a statement, “The results of this survey underscore how JinkoSolar leads the industry as the preferred solar partner for financial institutions and the top choice for project developers. Looking ahead, JinkoSolar will continue to invest heavily in R&D, with N-type technology as its foundation while driving collaborative innovation in integrated “solar + storage” solutions. JinkoSolar aims to accelerate the global transition to sustainable energy with the most competitive green energy products available.”

By the end of 2024, JinkoSolar’s total module shipments surpassed 300 GW, with its Tiger Neo series alone exceeding 140 GW in cumulative shipments, serving customers across nearly 200 countries and regions. The latest Tiger Neo 3.0 series, built on industry-leading N-type TOPCon technology, boasts power ratings exceeding 670W, with a maximum module efficiency of 24.8% and bifaciality reaching up to 85%. The high bifaciality alone contributes to an estimated 3.38% increase in overall power generation, with even greater gains in high-reflectivity environments.

Beyond higher energy yields, JinkoSolar’s advanced technology enhances project economics by reducing the Levelized Cost of Electricity (LCOE) by 3.14%, ensuring greater financial benefits for solar investments. With its commitment to safe, efficient, and cost-effective clean energy solutions, JinkoSolar continues to set new benchmarks in the renewable energy sector while reinforcing investor confidence in solar power’s long-term viability.

 

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