JinkoSolar sets module shipments guidance as high as 12GW for 2018

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has guided module shipments to be in the range of 11.5GW to 12GW for 2018, after reporting record 2017 shipments of 9.8GW. Image: JinkoSolar

Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has guided module shipments to be in the range of 11.5GW to 12GW for 2018, after reporting record 2017 shipments of 9.8GW. 

The SMSL reported total solar module shipments in 2017 of 9,807MW, an increase of 47.3% from 6,656MW in 2016. 

Module shipments actually peaked in the second quarter of 2017, when China accounted for 51% of the 2,884MW total. 

Total solar module shipments in the fourth quarter of 2017 were 2,481 MW, an increase of 4.5% from 2,374MW in the third quarter of 2017.

The SMSL also guided module shipments in the first quarter of 2018 to be in the range of 1.8GW to 2 GW, compared with 2,068MW shipped in the first quarter of 2017.

The SMSL also guided module shipments in the first quarter of 2018 to be in the range of 1.8GW to 2 GW, compared with 2,068MW shipped in the first quarter of 2017. 

With module shipments guided to be in the range of 11.5GW to 12GW for 2018, JinkoSolar expects emerging markets to be behind the continued growth, when rival SMSL, Canadian Solar recently guided almost flat shipment growth for 2018. 

Kangping Chen, JinkoSolar's Chief Executive Officer said, “Emerging markets are gradually becoming our biggest growth driver, with demand from Latin America and Australia generating substantial growth momentum and the Middle East and African markets expected to rise in the coming year. We will continue to allocate more resources towards these high-growth markets in order to further solidify the long-term sustainable development of JinkoSolar.”

With module shipments guided to be in the range of 11.5GW to 12GW for 2018, JinkoSolar expects emerging markets to be behind the continued growth in 2018.

Read Next

July 12, 2021
Solar Module Super League (SMSL) member JinkoSolar has claimed a module conversion efficiency record of 23.53%, beating its previous record of 23.01% set in January.
July 12, 2021
Solar Module Super League (SMSL) member JinkoSolar has signed a strategic agreement with Danish company Maersk Shipping on end-to-end transportation and digitised logistics
PV Tech Premium
July 1, 2021
Reporting its Q1 2021 results last week, JinkoSolar provided a snapshot of the pressures solar module manufacturers have faced in the opening exchanges of the year by way of spiralling material and freight costs. Liam Stoker analyses how the company has responded, laying the groundwork for a return to normality towards the end of the year.
June 29, 2021
Solar Module Super League (SMSL) members JinkoSolar and Canadian Solar have both submitted applications to the Shanghai Stock Exchange, progressing their respective initial public offering (IPO) plans.
June 28, 2021
JinkoSolar has downgraded its 2021 capacity expansion plans on the back of prevailing supply chain and market conditions.
June 21, 2021
‘Solar Module Super League’ (SMSL) members JinkoSolar and JA Solar are to invest in polysilicon provider Xinte Energy’s 100,000 ton facility in Inner Mongolia, receiving priority access to the polysilicon produced as a result.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK