Energy Transition & Power Demand▲
JinkoSolar Technology Releases 2026 Interim Report: Performance Under Pressure, Strategic Shift to Green Computing
JinkoSolar Technology released its 2026 semi-annual report on the evening of August 26. During the reporting period, the company achieved operating revenue of 1.403 billion yuan, a year-on-year decline of 33.94%, and net profit attributable to the parent company was negative 187 million yuan, with performance under phased pressure. The company stated that the photovoltaic power generation industry faces dual pressures from power consumption and electricity prices, prompting a strategic transformation. Leveraging existing green power resources, it is advancing green computing business and has reached cooperation intentions for computing center projects with local governments in Zhongwei, Ningxia, Horinger and Ulanqab in Inner Mongolia. In addition, the company has signed a strategic cooperation agreement with SenseTime to jointly explore the integration of clean energy and intelligent computing industries. During the reporting period, the company obtained a total of 1,752.5 megawatts of development quotas, including 755 megawatts of photovoltaic projects and 997.5 megawatts of wind power projects, and was approved for a 1 gigawatt wind-solar base project. In energy storage, as of the end of June 2026, the scale of self-owned independent energy storage power stations reached 657 megawatt-hours, with contracted and filed projects exceeding 24 gigawatt-hours. During the reporting period, it completed the transfer of 200 megawatt-hours of energy storage stations, started construction on 1.2 gigawatt-hours of projects, and has about 10 gigawatt-hours in the pipeline. In asset-light operations, the company completed project sales totaling about 374 megawatts, including about 249 megawatts of ground-mounted centralized power stations, about 59 megawatts of industrial and commercial distributed projects, and about 66 megawatts of residential photovoltaic projects.