JinkoSolar (JKS) Launches Solar Panel For Home Installation
Zacks Investment Research | Mar 05, 2020 11:00PM ET
JinkoSolar Holding Company Limited (NYSE:JKS) recently launched its new N type all black solar panel, an attempt most likely to expand its share in the residential solar market. Notably, these panels will be the company’s first-ever panel specifically for home installation, boasting a maximum output of 405-watt peak (Wp).
With 21.22% efficiency, these panels will entitle homeowners to fit more power capacity on rooftops than ever before.
Residential Solar Market Opportunities
Rapidly declining price of solar panels, backed by improved photovoltaic technology, coupled with government subsidies has been boosting the global residential solar market in recent times. This has encouraged nations like Brazil, India, Mexico and a few more to adopt more residential solar energy, apart from the United States and Europe.
JinkoSolar has been making consistent investments in its research and development (R&D) activities, resulting in the development of high-quality Wafer, Cell and Modules, which are being installed in solar projects across the globe. The latest N type all black is such a solar panel and will empower the company to expand its footprint in the booming residential solar market.
Interestingly, in Australia’s Victoria state, the company expects to witness rapid growth in residential projects, following the return of the rooftop solar panel rebates and improved economic efficiency from distributed PV. With the latest unveiling of its N type all black solar panel, we may expect increased shipments from JinkoSolar to Victoria, which will boost the company’s top line.
Global Presence: JinkoSolar & Others
Per a Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.