"Jinko Solar Technology: Expected installed capacity to reach around 1GW by the end of the year"

Jinko Solar Technology recently stated during an investor research that the company's residential business has seen rapid development this year, with an expected installed capacity of around 1GW by the end of the year. The company has already sold a 212MW residential asset package in the third quarter, and the second transaction is also being actively pursued, with relevant announcements to be made in a timely manner. In addition, the company has signed a strategic cooperation agreement with Guodian Jiangxi New Energy, planning to jointly develop a total of 1GW of tradable residential asset packages between 2023 and 2024, and expects to complete installation, delivery, and grid connection work by 2024. The "high turnover" operating model for residential photovoltaic is also accelerating to become a new business growth point for the company in the future.