JinkoSolar Q4 sales picks up in India, Leads Market Transition from Poly to Mono PERC

JinkoSolar has announced that it has achieved best quarterly result ever in India, sales performed positively in Q4, delivering close to 160MW panels.

The company said that it has achieved 24% marketing share in mono segment.

Jinkosolar also touts that it leads the mono PERC segment in India with about 45% market share,  offering bigger size cell of mono PERC.

The company said, in the wake of a difficult environment in India, JinkoSolar has repositioned itself as premium market leader especially in the mono PERC technology segment. It watched out for the megatrend in India that demand has shifted from poly towards mono, from conventional mono towards premium mono PERC. It gives JinkoSolar an exceptionally good opportunity because in premium mono segment like 380Wp or more, JinkoSolar ranked among the Top 1 or 2 varied in countries, now including India.

According to Jinkosolar, 2019 will also be dominated by the switch to Mono by many new highly compelling models such as Cheetah, while Jinko already obtained the Cheetah BIS certification successfully in Q1 2019.

The company believes, in India the mono PERC models or other premium technology in particular will take center stage.

JinkoSolar also announces to unveil the all new Swan bifacial module with transparent backsheet up to 430Wp, front plus rear side generation, at Intersolar EU in Munich this year.  

The new module from the house of Chinese module manufacturing giant will also be showcased in India at RenewX in Hyderabad in April.

JinkoSolar’s newly launched mono PERC based Cheetah of up to 400 Wp and Swan bifacial technology of front plus rear side generation up to 435 Wp have been developed to address the emerging market of floating solar and rooftop.