JinkoSolar

Profile

Headquarters
Summary

JinkoSolar is the biggest manufacturer of solar panels in the world, delivering approximately one out of ten solar panels in the world, according to the company’s own statistics. Founded in 2006, most of the company’s solar panel factories are in China but it also has plants in Florida, Malaysia and Vietnam. Researchers from Sheffield Hallam university in the UK accuse the company of using forced labor from the Uyghur minority in Xinjiang.

In 2015 JinkoSolar won a contract to provide 180 megawatts of electricity to the states of Jalisco and Yucatán in Mexico. The company chose to build a 250-hectare solar park in Cuncunul and Valladolid but failed to consult with the local Mayan population. In February 2019, local residents sued JinkoSolar, citing the potential impacts of the project such as the deforestation of 206 hectares, destruction of habitat for five endangered species (including the ocelot and the Tamandula anteater), 26 species with conservation status and 20 species under special protection. The project was canceled after a court ruled in the community's favor.
 

Products

Solar panels.

JinkoSolar was profiled as part of the report "Green" Multinationals Exposed: How the Energy Transition is Being Hijacked by Corporate Interests.

Violations

Violation data is still being gathered for JinkoSolar Holding at this time.

Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.

Stories

Videos & Podcasts
Chinese Villagers Protest Solar Plant Pollution Sept 19th 2011
How Green Are Solar Panels?

 

Books
Other Key Sources

Activism

Recent & Ongoing Campaigns
Mexican communities reject Chinese solar farm in Yucatán

Emilio Godoy | China Dialogue | May 5, 2020

In February 2019, residents of the municipalities of Cuncunul and Valladolid, about 1,500 kilometres south of Mexico City, sued the Jinkosolar Investment Pte. Ltd., the Chinese company managing the Yucatán Solar Park project for violating their right to prior consultation on projects that affect their livelihoods. A judge ruled in favour of the plaintiffs since the area’s indigenous peoples were not consulted prior to the installation of the solar farm.

Malaysia: Factory workers protest against 'rubbish' tag

Audrey Dermawan | New Straits Times | June 18, 2019

Some 200 factory workers staged a protest outside Jinko Solar Technology Sdn Bhd here this morning, demanding for a public apology following a video clip allegedly uploaded by a member of the management team that label them as "rubbish".

South Africa: Solar panel workers strike, demand pay increases

News 24 | May 11, 2016

Tens of workers at Jinko Solar in Epping Industria staged an unprotected strike on Wednesday.


Major Investigations
& Lawsuits
US conducts raids at two properties of China's Jinko Solar

Nichola Groom | Reuters | May 10, 2023

The U.S. Department of Homeland Security this week raided a factory and sales office operated by one of the world's largest solar panel makers, China's Jinko Solar Holding Co Ltd (JKS.N), the agency said on Wednesday.

Hanwha Q-Cells wins patent litigation against JinkoSolar, REC Solar and Longi in Germany

Sandra Enkhardt | PV Magazine | June 18, 2020

The Düsseldorf Regional Court has agreed rivals of the Korean manufacturer illegally used its patented passivation technology. The judges granted Hanwha Q-Cells an injunction which requires Jinko, REC and Longi to retrieve all modules featuring the patented technology distributed in Germany since late January last year.

United States: JinkoSolar Won The Patent War with Hanwha, For Now

Energy Trend | June 5, 2020

The U.S. International Trade Commission (“ITC”) has issued a final determination in favor of JinkoSolar (“Jinko”), which concludes that Jinko’s products do not infringe the patent asserted by South Korean PV module maker Hanwha Q Cell (“Hanwha”).

United States: JinkoSolar reaches lawsuit settlement to tune of $5.05 million

Ian Clover | PV Magazine | September 30, 2015

JinkoSolar, the Tier-1 Chinese solar company, has reached a $5.05 million settlement in a lawsuit brought in 2011 regarding the purchase of American Depositary Shares pertaining to the alleged misrepresentation of Jinko's compliance with Chinese environmental regulations.

China's JinkoSolar must face U.S. lawsuit over pollution, protests

Jonathan Stempel | Reuters | July 31, 2014

JinkoSolar Holding Co must face a shareholder lawsuit accusing the Chinese solar panel maker of concealing that one of its factories was dumping toxic waste into a nearby river, a U.S. appeals court ruled on Thursday.

United States: Investors hit Jinko with lawsuit after PV plant pollution spill

Ben Backwell | Recharge News | October 12, 2011

A group of US investors has filed a class-action lawsuit against PV manufacturer JinkoSolar following the recent pollution incident at the company’s cell plant in Haining, China.


 
Environmental Impacts
Malaysia: Penang government defends JinkoSolar factory approval

Jonathan Gifford | PV Magazine | June 2, 2015

The government of the Malaysian state of Penang has defended its decision to approve the new JinkoSolar manufacturing plant in the region. The 500 MW cell and 450 MW module plant, inaugurated last week, has drawn fire over potential pollution concerns.

China: Jinko Solar Faced Earlier Fluoride Sanctions

Wayne Ma | Wall Street Journal | September 23, 2011

Jinko Solar, the Chinese solar-technology manufacturer that endured protests last week because of alleged pollution, said Thursday it was aware of causing high levels of fluoride in the city's sewage system more than a month earlier.

China firm apologizes for toxic waste after protest

Royston Chan | Reuters | September 19, 2011

Protesters overturned vehicles before being dispersed, after waste from the factory, which manufactures photovoltaic panels, cells and wafers, killed large numbers of fish in a nearby river, according to state media.


Employment Practices
& Relations
United States: Due to forced labor concerns, U.S. ports have blocked over 1,000 shipments of solar components

Ryan Kennedy | PV Magazine | November 11, 2022

Three of Reuter’s sources were told the shipments include solar panels and polysilicon cells, adding up to 1 GW of capacity, and primarily made by three of the largest Chinese PV providers. This includes Trina Solar, JinkoSolar, and Longi, which together account for about one third of U.S. panel supply, said Reuters.

U.S. lawmakers ask Biden administration why some China solar giants left off slave labor list

Jonathan Gifford | Reuters | July 12, 2022

It asks specifically why JinkoSolar Holding Co Ltd, Xinte Energy Co Ltd and Longi Solar were left off the list even though all three were included in a 2021 report by geopolitical risk consultancy Horizon Advisory that found signs of ties to forced labor in their supply chains.

Chinese Solar Companies Tied to Use of Forced Labor

Ana Swanson & Chris Buckley | New York Times | January 8, 2021

A local subsidiary of Jinko Solar, Xinjiang Jinko Energy Co., received state subsidies for employing local Xinjiang labor, including at least 40 “poor workers from southern Xinjiang” in May, according to a local government announcement from July 2020 cited by Horizon Advisory.

Financials

Corporate Headquarters
1 Lane 1466 Shenchang Road Minhang District Shanghai, 201106 China
Most Recent Gross Revenue
US$12.11 billion (2022) | source
Most Recent Net Revenue
US$1.79 billion (2022) | source
Stock Exchange Tickers
NYSE: JKS
Major Funders
The wind record that has everyone talking

The Australian | December 19, 2012

Separately, JinkoSolar won US$1 billion backing from the China Development Bank, propelling it to a six-month high.


Major Shareholders

Click here for the latest list.


 
Political Influence

Open Secrets - Tracks corporate lobbying of US politicians.

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Open Secrets Logo

OpenSecrets.org Profile of JinkoSolar

 

United States: Trade Group Driving Solar Controversy Includes Slave-Labor Companies

David Dayen | The American Prospect | May 12, 2022

Companies working to sideline the Commerce Department investigation into Chinese trade violations are reliant on components made by Uyghur workers... As recently as 2019, Jinko gained a seat on SEIA’s board of directors, and Hanwha Q Cells still holds one today.

Subsidy Tracker
Subsidy Tracker
Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
Click here for details of subsidies received by JinkoSolar Holding.
Major Projects
USA: City Council votes to withdraw grant to Jinko Solar factory following Homeland Security presence

First Coast News | June 14, 2023

The Jacksonville City Council voted to withdraw a $2.3 million economic development grant to Jinko Solar factory on Tuesday. It was a unanimous vote (18-0) to withdraw the funding. Last month, Homeland Security officers were seen on site at 4660 New World Avenue. Officers said they were serving a search warrant that's part of an ongoing federal investigation.

Largest Solar Manufacturer Opens U.S. Plant in Wake of Tariffs

Bloomberg Law | February 27, 2019

The world’s largest solar-panel maker, China’s JinkoSolar Holding Co., said it opened a manufacturing plant in the U.S., 13 months after President Donald Trump approved tariffs on imported equipment.

China: Jinko Solar Holding company restarts after cleanup

Eco Business | October 11, 2011

Solar panel maker Jinko Solar Holding Co. has resumed production following a cleanup prompted by violent protests over pollution from one of its factories in eastern China.

Procurement

CorpWatch is still gathering procurement data on JinkoSolar Holding at this time.

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