27 Feb '17, 12pm

JinkoSolar ships 6.7 GW of PV modules in 2016, stabilizes position as largest supplier globally

JinkoSolar Holding Co., Ltd. (Shanghai, China) on February 27th , 2017 announced its unaudited financial results for the fourth quarter and full year ended December 31st , 2016. In 2016, JinkoSolar shipped PV modules totaling 6,656 MW, an increase of 47.5% from 4,512 MW for the full year 2015. Total revenues for the full year 2016 were RMB21.40 billion (USD3.08 billion), an increase of 38.5% from RMB15.45 billion for the full year 2015. Total revenues including electricity revenue from discontinued operations were RMB22.35 billion (USD 3.22 billion), an increase of 39.0% from RMB16.08 billion for the full year 2015. Gross margin was 18.1% for the full year 2016, compared with 19.0% for the full year 2015. 6,656 MW shipped in 2016 puts JinkoSolar in the position as the largest module supplier globally “I am pleased to announce a strong quarter to finish out the year with mo...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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