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JinkoSolar Announces Business Highlights for the First Half of 2025

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JinkoSolar (NYSE:JKS), a leading global solar module manufacturer, reported strong performance for H1 2025, with module shipments reaching 41.8 GW, of which over 60% went to overseas markets. The company achieved a significant milestone by becoming the first manufacturer to deliver 350 GW of total solar modules.

JinkoSolar set new efficiency records with its N-type TOPCon technology, achieving 27.02% laboratory conversion efficiency for cells and 25.58% for modules. The company's mass-produced TOPCon cells exceeded 26.5% efficiency.

For Q3 2025, JinkoSolar expects module shipments of 20.0-23.0 GW, with full-year 2025 guidance of 85.0-100.0 GW. By year-end 2025, production capacity is projected to reach 120.0 GW for mono wafer, 95.0 GW for solar cells, and 130.0 GW for solar modules.

JinkoSolar (NYSE:JKS), uno dei principali produttori mondiali di moduli solari, ha registrato un solido primo semestre 2025, con spedizioni di moduli pari a 41,8 GW, di cui oltre il 60% destinate ai mercati esteri. La societ脿 ha raggiunto un importante traguardo diventando il primo produttore a superare i 350 GW di moduli solari totali consegnati.

JinkoSolar ha stabilito nuovi record di efficienza con la tecnologia N-type TOPCon, raggiungendo una efficienza di conversione in laboratorio del 27,02% per le celle e del 25,58% per i moduli. Le celle TOPCon prodotte in serie hanno superato il 26,5% di efficienza.

Per il terzo trimestre 2025, JinkoSolar prevede spedizioni di moduli tra 20,0 e 23,0 GW, con un orientamento per l'intero 2025 di 85,0鈥�100,0 GW. Entro la fine del 2025, la capacit脿 produttiva dovrebbe raggiungere 120,0 GW per wafer mono, 95,0 GW per celle solari e 130,0 GW per moduli solari.

JinkoSolar (NYSE:JKS), un destacado fabricante global de m贸dulos solares, present贸 un s贸lido desempe帽o en el primer semestre de 2025, con env铆os de m贸dulos de 41,8 GW, de los cuales m谩s del 60% se destinaron a mercados extranjeros. La compa帽铆a alcanz贸 un hito importante al convertirse en el primer fabricante en entregar 350 GW de m贸dulos solares totales.

JinkoSolar fij贸 nuevos r茅cords de eficiencia con su tecnolog铆a N-type TOPCon, logrando una eficiencia de conversi贸n en laboratorio del 27,02% en c茅lulas y del 25,58% en m贸dulos. Las c茅lulas TOPCon producidas en serie superaron el 26,5% de eficiencia.

Para el tercer trimestre de 2025, JinkoSolar espera env铆os de m贸dulos de 20,0 a 23,0 GW, con una gu铆a para todo 2025 de 85,0鈥�100,0 GW. Para finales de 2025, se proyecta que la capacidad de producci贸n alcance 120,0 GW de obleas mono, 95,0 GW de c茅lulas solares y 130,0 GW de m贸dulos solares.

JinkoSolar (NYSE:JKS)鞚(電�) 旮搿滊矊 靹犽弰 韮滌枒甏� 氇搱 鞝滌“靷靹� 2025雲� 靸侂皹旮办棎 瓴“頃� 鞁れ爜鞚� 氚滍憸頄堨姷雼堧嫟. 氇搱 於滍晿霟夓潃 41.8GW鞓鞙茧┌ 鞚� 欷� 60% 鞚挫儊鞚� 頃挫櫢 鞁滌灔鞙茧 瓿店笁霅愳姷雼堧嫟. 須岇偓電� 雸勳爜 齑� 350GW鞚� 韮滌枒甏� 氇搱 雮╉拡鞚� 雼劚頃� 斓滌磮鞚� 鞝滌“靷皜 霅橂姅 鞚挫爼響滊ゼ 靹胳洜鞀惦媹雼�.

JinkoSolar電� N順� TOPCon 旮办垹搿� 靸堧鞖� 須湪 旮半鞚� 靹胳泴, 靺鞚 鞁ろ棙鞁� 鞝勴櫂 須湪 27.02%, 氇搱鞚 25.58%毳� 雼劚頄堨姷雼堧嫟. 鞏戩偘霅� TOPCon 靺鞚 26.5% 齑堦臣 須湪鞚� 旮半頄堨姷雼堧嫟.

2025雲� 3攵勱赴鞐愲姅 氇搱 於滍晿霟� 20.0鈥�23.0GW毳� 鞝勲頃橂┌, 2025雲� 鞐瓣皠 臧鞚措崢鞀る姅 85.0鈥�100.0骋奥鞛呺媹雼�. 2025雲� 毵愱箤歆 雼舶鞝� 鞗澊韻� 靸濎偘電ル牓鞚 120.0GW, 韮滌枒鞝勳 95.0GW, 韮滌枒甏� 氇搱 130.0GW鞐� 鞚措ゼ 瓴冹溂搿� 鞓堨儊霅╇媹雼�.

JinkoSolar (NYSE:JKS), fabricant mondial majeur de modules solaires, a affich茅 de solides r茅sultats au premier semestre 2025, avec 41,8 GW d'exp茅ditions de modules, dont plus de 60 % vers des march茅s 茅trangers. La soci茅t茅 a franchi une 茅tape importante en devenant le premier fabricant 脿 livrer 350 GW de modules solaires au total.

JinkoSolar a battu des records d'efficacit茅 gr芒ce 脿 sa technologie N-type TOPCon, atteignant une efficacit茅 de conversion en laboratoire de 27,02 % pour les cellules et de 25,58 % pour les modules. Les cellules TOPCon produites en s茅rie ont d茅pass茅 26,5 % d'efficacit茅.

Pour le troisi猫me trimestre 2025, JinkoSolar pr茅voit des exp茅ditions de modules de 20,0 脿 23,0 GW, avec des pr茅visions pour l'ensemble de 2025 de 85,0鈥�100,0 GW. 脌 la fin de 2025, la capacit茅 de production devrait atteindre 120,0 GW pour les wafers mono, 95,0 GW pour les cellules solaires et 130,0 GW pour les modules solaires.

JinkoSolar (NYSE:JKS), ein weltweit f眉hrender Hersteller von Solarmodulen, verzeichnete im ersten Halbjahr 2025 eine starke Performance: die Modul-Lieferungen beliefen sich auf 41,8 GW, davon gingen 眉ber 60 % in Auslandsm盲rkte. Das Unternehmen erreichte einen wichtigen Meilenstein als erster Hersteller, der insgesamt 350 GW an Solarmodulen ausgeliefert hat.

Mit der N-type TOPCon-Technologie setzte JinkoSolar neue Effizienzrekorde und erreichte eine Labor-Umwandlungseffizienz von 27,02 % bei Zellen und 25,58 % bei Modulen. Seriengefertigte TOPCon-Zellen 眉bertrafen eine Effizienz von 26,5 %.

F眉r das dritte Quartal 2025 erwartet JinkoSolar Modul-Lieferungen von 20,0鈥�23,0 GW, mit einer Jahresprognose f眉r 2025 von 85,0鈥�100,0 GW. Bis Ende 2025 soll die Produktionskapazit盲t auf 120,0 GW f眉r Mono-Wafer, 95,0 GW f眉r Solarzellen und 130,0 GW f眉r Solarmodule anwachsen.

Positive
  • Record total module shipments of 41.8 GW in H1 2025
  • Achieved milestone of 350 GW total solar module deliveries
  • New efficiency records: 27.02% for TOPCon cells and 25.58% for modules
  • Strong production capacity expansion planned for end of 2025
  • Over 60% of shipments to overseas markets, showing strong international presence
Negative
  • None.

Insights

JinkoSolar demonstrates industry leadership with record shipments, efficiency breakthroughs, and ambitious capacity expansion plans driving strong positioning in premium solar segments.

JinkoSolar's H1 2025 results showcase its market dominance and technological edge in the solar manufacturing sector. The 41.8 GW module shipment figure represents significant scale, with over 60% of shipments going to overseas markets, indicating strong global demand despite competitive pressures in the industry. The company's achievement of delivering 350 GW total lifetime module shipments positions it as the industry's first to reach this milestone.

The efficiency breakthroughs are particularly noteworthy. Their N-type TOPCon cells achieved a laboratory conversion efficiency of 27.02%, while their modules reached 25.58% - both exceeding previous industry benchmarks. More importantly, JinkoSolar has successfully translated lab results to mass production, with TOPCon cells exceeding 26.5% efficiency in standard production and reaching 27.1% for high-efficiency lines.

The production capacity roadmap reveals a strategic pivot toward higher-power modules. By upgrading existing TOPCon capacity, JinkoSolar expects 40-50% of total capacity to produce modules exceeding 640 Wp by year-end, with some capacity reaching 650-670 Wp by end of 2026. This positions the company to capture premium pricing in the utility-scale solar segment where higher efficiency directly translates to lower balance-of-system costs.

The Q3 guidance of 20-23 GW module shipments and full-year projection of 85-100 GW demonstrate management's confidence in sustained demand. The planned production capacity expansion to 120 GW for mono wafer, 95 GW for solar cells, and 130 GW for modules by year-end indicates JinkoSolar is investing heavily to maintain its market leadership position while preparing for continued industry growth.

SHANGRAO, China, Aug. 27, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its business highlights for the first half of 2025.

Key Business Highlights in the First Half of 2025:

  • Total module shipments were 41.8 GW; over 60% of module shipments went to overseas markets.
  • By June 30, 2025, we became the first module manufacturer in the world to have delivered a total of 350 GW of solar modules.
  • New records in both cell and module efficiencies:182 N-type high-efficiency TOPCon cells achieved a full-area laboratory conversion efficiency of 27.02%; N-type TOPCon modules achieved a maximum laboratory conversion efficiency of 25.58%.
  • Mass-produced efficiency for TOPCon cells exceeded 26.5%, with the conversion efficiency of high-efficiency series reaching 27.1%.
  • We have continued to upgrade existing TOPCon capacity through technology enhancements. By June 30, 2025, we had over 20 GW of high-efficiency capacity. We anticipate that capacity with a mainstream power output of over 640 Wp will account for 40~50% of our total capacity by the end of 2025, with some capacity expected to reach power output of 650-670 Wp by the end of 2026.

Business Outlook Highlights

Third Quarter and Full Year 2025 Guidance

The Company's business outlook is based on management's current views and estimates with respect to market conditions, production capacity, the Company's order book and the global economic environment. This outlook is subject to uncertainty on final customer demand and sale schedules. Management's views and estimates are subject to change without notice.

For the third quarter of 2025, the Company expects its module shipments to be in the range of 20.0 GW to 23.0 GW.

For full year 2025, the Company estimates its module shipments to be in the range of 85.0 GW to 100.0 GW.

Solar Products Production Capacity

The Company expects its annual production capacity for mono wafer, solar cell and solar module to reach 120.0 GW, 95.0 GW and 130.0 GW, respectively, by the end of 2025.

About JinkoSolar Holding Co., Ltd.听

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2025.

To find out more, please see: 听

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: [email protected]

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: [email protected]

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: [email protected]

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SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What are JinkoSolar's (NYSE:JKS) module shipment targets for 2025?

JinkoSolar expects module shipments of 20.0-23.0 GW for Q3 2025 and 85.0-100.0 GW for full-year 2025.

What production capacity does JinkoSolar expect to reach by the end of 2025?

JinkoSolar expects to reach annual production capacity of 120.0 GW for mono wafer, 95.0 GW for solar cells, and 130.0 GW for solar modules by the end of 2025.

What efficiency records did JinkoSolar achieve in H1 2025?

JinkoSolar achieved 27.02% laboratory conversion efficiency for 182 N-type TOPCon cells and 25.58% for N-type TOPCon modules.

How many gigawatts of solar modules did JinkoSolar ship in H1 2025?

JinkoSolar shipped 41.8 GW of solar modules in H1 2025, with over 60% going to overseas markets.

What is JinkoSolar's total cumulative solar module delivery milestone?

JinkoSolar became the first module manufacturer to deliver a total of 350 GW of solar modules by June 30, 2025.
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