U.S. Solar Market Dims for Jinko as Trade Troubles Pile Up

March 27, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--JinkoSolar (NYSE:JKS) (Shanghai, China), a leading global solar panel manufacturer, is facing hurricane-force market headwinds in the U.S., as federal policies and tough competition from U.S.-based manufacturers threaten its growth.

Industrial Info is tracking more than $17.5 billion worth of active and planned projects across the U.S. that are using, or considering using, Jinko as a service provider; more than $7 billion worth are capital-spending projects with a medium-to-high (70% or more) probability of beginning construction as scheduled. Although Jinko's global module shipments reached 92.9 gigawatts (GW) in 2024, up 18.3% from 2023, fourth-quarter shipments slipped 5% to 26,462 megawatts (MW).

Other companies featured: GLJ Research, Greenalia S.A., Invenergy LLC and First Solar Incorporated (NASDAQ:FSLR).