Jinko Solar-bankability

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Long History of Bankability

JinkoSolar has been named a Bloomberg NEF Tier 1 module manufacturer for eight consecutive years, which is one of the longest runs of any manufacturer.

In addition, JinkoSolar has received a top rating in the PV ModuleTech Bankability Ratings list published by PV TECH in August 2019. Only four companies were rated as AA (none AAA), and JinkoSolar is the only PV module supplier to have maintained a AA rating for the past 12 consecutive quarters.

PV TECH’s new PV ModuleTech Bankability Rating is an industry analysis that combines each company’s track-record in large-scale global shipments, with its financial health, on a rolling quarterly basis. The analysis uses data collected over 10 years at PV-Tech, across a wealth of manufacturing and financial inputs. Both the BNEF and PV Tech reports confirm why JinkoSolar has been so effective in gaining market-share globally, especially in utility-scale solar markets with rigorous standards.

JinkoSolar’s growth has been a result of a carefully considered ramp of in-house wafer, cell, and module capacities, with frequent investments in R&D and capacity expansion. Large capacities in China and quick decisions to expand significantly in Southeast Asia and the U.S. has also been key to maximizing the strength and flexibility of JinkoSolar’s manufacturing capability.

Solid Track Record

JinkoSolar has the largest customer base, a diversified market, and a solid track record. As of Q2 2019, the company has shipped 46 GW of its modules in the last 8 years to more than 2,000 customers in 109 countries, a track record which few in industry can match.

6 Times World Records

Moore’s Law, which calls for a 10 watt output enhancement every half year, JinkoSolar has invested the necessary resources in R&D to achieve first-to-market, leading technologies, which give customers the edge needed to build successful projects.

Agile and Fast Go-to Market

Many companies have interesting things going on in their R&D labs, but JinkoSolar is the best at transferring R&D quickly to production at scale. The ability to ramp up quickly to mass production is crucial to the success of JinkoSolar and its customers. In addition, JinkoSolar vigilantly seeks to maintain high production yields with our effective Yield Loss Prevention System and Yield Deviation Analysis System.

In the first half of 2019, following mass production of the Cheetah modules and Swan bifacial technology, the R&D organization has completed the transfer to manufacturing of the next generation, enhanced version of Cheetah with module efficiency of 20.63%. At the same time, the R&D organization continues to fuel the pipeline of technological innovation needed to maintain industry leadership. JinkoSolar’s third generation of wafer technology has entered full development stage and will be on track for pilot production in 2019.

The Efficient and Resilient Supply Chain

Solar is a capital intensive industry with high expectations for power roadmap and customizations. In addition to efficient production, an agile and responsive supply chain is necessary to keep customers happy. JinkoSolar adeptly manages production centers in 3 countries, including hundreds of workshops, dozens of new and emerging products and technologies, hundreds of suppliers and partners, and thousands of upstream materials to serve one of the biggest customer bases dispersed over 109 countries with a variety of requirements.

It is clear that even the world's largest solar module manufacturer needs to be light on its feet. Our flexibility in assuring sufficient supply for a diverse customer base, delivering on-time, and providing in-house technical service make manufacturing excellence one of JinkoSolar’s core strengths.

Best-in-class production cycle and delivery time

Our customers depend heavily on our ability to deliver products with a short lead time. JinkoSolar's production time is one of the most competitive compared to peers in the solar PV industry. Our Shangrao and Jacksonville smart factories continue to break cycle time records, thanks to integrated planning systems and a high degree of automation.

JinkoSolar has a proven record of providing customers with consistent on-time delivery. It has re-engineered its demand fulfillment system and has developed a state-of-the-art manufacturing planning and dispatching system that further enhances the accuracy of deliveries. JinkoSolar's demand for accuracy requires that deliveries are neither too late nor too early, as both could possibly affect customers’ project deployment.

Futuristic and Visionary

JinkoSolar’s smart factories are a key part of its manufacturing excellence, and will continue to grow more important in the future. Currently, JinkoSolar operates two smart factories located in Shangrao, China and Jacksonville, USA. These advanced facilities attain lower operating costs by achieving near 100 percent automation, such as real-time wafer dispatching, a search engine optimizing route for Automated Materials Handling Systems (AMHS), full automation of production wafers, artificial intelligence at EL and soldering stations, and lean work-in-progress control. It will continue to be the focus of our capacity expansion in the near future.

Robust Quality Certified

In 2019, JinkoSolar again ranks as a “Top Performer” in the DNV GL PV Module Reliability Scorecard, its fifth consecutive time. The Company also won the All Quality Matters Award from TÜV Rheinland for the fifth time. ranking first in testing conducted for the mono group.

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