JinkoSolar’s Revenue Drops 23% YoY in Q3 Due to Lower Module Prices

The company expects module shipments between 90 GW and 100 GW in 2024

October 31, 2024

/ Arjun Joshi
/ Finance and M&A, Other
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China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 23% year-over-year (YoY) to RMB24.51 billion (~$3.49 billion) in the third quarter (Q3) of 2024, primarily due to a drop in average selling prices for solar modules.

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Arjun Joshi

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