JinkoSolar Tiger Modules hit 1 GW in Orders, 3 Months After Launch

The new JinkoSolar Tiger 465 Wp modules which began volume production in the first quarter of 2020, have recorded 1 GW in orders during the past 3 months.

The new Tiger 465 Wp TR process of JinkoSolar, which began volume production in the first quarter of 2020, and will match yields similar to the original Cheetah process, is widening the technology lead over its rivals. To date, the Tiger modules have recorded 1 GW in orders during the past three months. Looking ahead, the module manufacturer sees strong demand and expects the next few quarters to outperform their typical seasonal patterns. To support this rising demand, it is ramping up its advanced Tiger process technologies.

According to the firm, the volume production of the TR and TR+ process is one of the fastest on record and the process is one of the best the industry’s commercially available and economically sensible technologies up to 20.71 percent.

The firm which is one of the world’s largest solar module producers, hit a new high after CICC upgraded its rating from Neutral to Outperform. Buying in JKS was also caused by continued optimism over the company’s lead over its peers in broad geographical distribution and high-efficiency technology development.  

From a full-year perspective, the firm is expected to enjoy solid revenue growth in key products such as Swan TB bifacial, high-performance Tiger and Tiger Plus using the N-Type process specially designed for home and business market. Tiger series capacity aims to reach 10 GW in the fourth quarter of 2020 and will account for about one-third full-year sales.

For the Swan Bifacial modules with a transparent DuPont backsheet has been perceived as one of the best selling bifacial panels to date. After delivery to the first client in Australia Q3 last year, JinkoSolar has booked nearly 2 GW of orders and the Swan bifacial module has become one of the best selling bifacial modules in the world. The firm further added that based on current trends, the Swan bifacial will be able to outsell dual glass in some regions where BOS cost is a critical factor to total investment.