JinkoSolar Tops India Market Again in Q2 with Highest Commissioned Capacity – Bridge to India Report – EQ Mag Pro
India added 2.1 GW solar capacity in the second quarter of 2021, taking the country’s total installed solar base to 46 GW. Despite lockdowns and challenges faced due to the pandemic, the sector saw a stable utility scale capacity addition.
JinkoSolar remained at the forefront of this capacity addition, contributing 528 MW alone, accounting for 20% of India’s Q2 deployment on ground. These exemplary figures were reported by Bridge to India, a leading research agency, in their latest quarterly report covering the sector. JinkoSolar’s flagship model Tiger Pro, which is believed to have been dominating the market since last year, contributes greatly to this figure.
New statistics released by Bridge to India show that about 2110 MW of solar capacity was added between April and June, with around 84% (1785 MW) in the utility scale segment. Jinko was the highest contributor to this number, accounting for 528 MW alone between some of the most reputed IPPs and project developers across segments.
This was achieved despite raw material sourcing issues, demand pressures, volatile upstream pricing, restricted movement of equipment, supply shortages among other challenges posed by the COVID-19 pandemic.
JinkoSolar having built a strong foothold in large-scale utility markets in India, also saw rapid adoption of its products in the DG segment during the second quarter. “Moving to the third quarter of 2021, JinkoSolar’s Tiger and Tiger Pro ultra-high power series modules will continue to meet the increasing demand and expand our market share in the high-end distribution market,” said Daniel Liu, General Manager, JinkoSolar – South & Central Asia.
“JinkoSolar was the leading supplier to India during the first quarter in terms of shipment capacity with more than 800 MW of solar modules shipped and delivered to customers across the country.
The second quarter was crucial for the company as we saw successful installation and commissioning of a large part of that capacity which reaffirms our position as a market leader in both aspects – Market Share and Technology Acceptance. We continue to innovate and upgrade our technology platforms so that our product offerings make commercial sense for a highly competitive and strategic market like India.” said Gener Miao, CMO, JinkoSolar.