PVTIME – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS) announced that it has been awarded Top 1 Prestigious Module PV Brand in Vietnamese Market 2020 voting jointly organized by the National Steering Committee for electricity Development of Vietnam, the Ministry of Industry and Trade (MOIT), and Vietnam Energy Magazine.
According to the 2020 Vietnam Module Shipments Market Report jointly published by MOIT and Vietnam Energy Online, the total installed capacity for Vietnam was around 13.4GW for 2020. JinkoSolar was the top manufacturer with over 2.5GW of solar modules supplied to the Vietnamese market, making up more than 18% market share for the overall market and 36.8% for the utility market in 2020.
Vietnam ranked third in the newly installed solar power capacity in the world, right after China and the United States, respectively. The demand for PV modules in Vietnam has also been gradually ramped up towards monocrystalline and large silicon wafers. Higher power generation, higher conversion efficiency and large size design are all important factors to consider for customers with rooftop PV installations. Last year, JinkoSolar launched its ultra-efficient Tiger Pro modules targeted for distributed generation market. With lower LCOE and long-term reliability under all-weather conditions, the Tiger Pro series have become the top choice for rooftop installations in Vietnam, leveraging on its ultra-high module power, high conversion efficiency and user-friendly module size.
Mr. Gener Miao, CMO of JinkoSolar Co., Ltd., commented: “Vietnam is one of the fastest-growing economies in Asia Pacific, JinkoSolar’s No. 1 position in the market reflects our excellence in product quality, strong network and customer service in the region. JinkoSolar will continue to promote clean energy transformation and bring more value to our customers with industry-leading technology, superior product quality, and excellent customer service. We are pleased to see more innovative enterprises being recognized by top authorities in Vietnam, as the country continues to advocate for clean energy transformation and to drive the high-speed economic development of Vietnam’s PV market.”