How Does Jinko Solar Compare to other Solar Panel Brands?
Not all panels are alike. With all the solar panel brands out there, one might get confused and lost on which solar panel brand is the best to choose from. The characteristics that you may want to look at when comparing solar panels to each other are their company history and reputation, product and performance warranties and efficiency. The table below summarizes how Jinko Solar compares to other well-known solar panel brands in the market.
1. Top PV Module Manufacturer
First on our list is for you to consider the ranking of the brands in terms of module shipments. How is this important? This ranking signifies that a company or brand has dedicated large amounts of resources that will meet its demand and are continuously expanding its market globally. On a clearer note, the brand is well-known in the market, established and a top choice amongst other solar panel brands. As shown in the table, Jinko Solar is in the Number 1 spot, Trina Solar at 3rd, Risen at 7th and LG Panels is missing in the Top 10.
Another award that was bagged by Jinko Solar recently is the “TOP BRAND PV 2019” by EuPD Research for the second consecutive year in Australia. EuPD Research awards The Top Brand PV award based on results from the PV Installer Monitor Survey of installers in the country. Installers that participated in the survey have identified Jinko Solar for its exceptional products and service quality.
2. Tier 1 Brand
Another important factor that you may want to consider is a solar panel manufacturer that is performing in terms of their bankability or financial stability. Of course, you can not know it upfront but you can check if a brand is a Tier 1 brand. By this, you will know that the company will be in the market for more years and will be true to their promise particularly in terms of product and performance warranty. You don’t want to deal with brands that promise long coverage of warranties but will file a bankruptcy in the next year.
Evaluating and comparing the product warranty coverage of panel manufacturers can assure you that your service and support needs will be covered if a solar panel problem ever occurs. Just recently, Jinko Solar has announced that its product warranty for solar panels will be extended up to 12 years. This is a bold effort from Jinko Solar and a good move to match other competitors. This also signifies that the brand has been continuously exerting efforts to increase the market’s confidence in their solar panels’ material and quality.
4. Performance Warranty
The amount of efficiency a solar panel performs declines slightly every year. A typical practice in the solar industry is to ensure that the panels won’t lose over 10%-20% of their capacity yield limit over the first 25 years. In the case of Jinko Solar and other well-known brands, the performance warranty covers up to 25 years. This is a good sign that the panels will perform well for many years and won’t encounter major difference in its efficiency.
5. Highest Efficiency Recorded
When you are buying a solar panel, one of the practical questions you need to answer is the efficiency of the solar panel you are buying. According to Jinko Solar website, the highest efficiency of 24.2% was recorded and achieved by its large-area N-type TOPCon monocrystalline silicon solar cell. On the other hands, LG Panels has the highest efficiency of 21.70%, Risen recorded a maximum efficiency of 22.51% and Trina Solar with 19.00% highest efficiency.
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