Recently, Jinko Solar stated during an earnings briefing that the company initiated its integrated solar and storage strategy three years ago. Aligning with the explosive growth trend of energy storage driven by the increasing global cumulative installed capacity of photovoltaic and wind power, Jinko has continuously deepened its team development and product R&D over the past two years. It is projected that the company will begin to reap the benefits this year, with significant improvements in shipment volume and profitability, and promising performance expected next year.
The company currently possesses 12GWh of system integration capacity and 5GWh of cell production capacity, with steady progress in manufacturing. The market segment is flourishing across multiple areas, particularly with overseas business accounting for approximately 80% of total orders. The focus is on large-scale energy storage and commercial & industrial projects, which have long delivery cycles but strong demand. Leveraging the channels, brand, and customer resources of a leading enterprise, Jinko Solar holds significant competitiveness in the energy storage sector. The energy storage team now exceeds 1,000 members, and with business expansion, energy storage is expected to become the company’s second growth curve.
