From September 4th to 6th, the 2024 Forum on China Africa Cooperation Summit was officially held in Beijing, and photovoltaic leader Jinko Solar was invited to attend. During the meeting, Qian Jing, Vice President of JinkoSolar Energy, stated that Chinese new energy enterprises such as wind, solar and energy storage have played an important role in Africa's energy transformation. Over the years, they have assisted African countries in developing renewable energy through technology and product output, project cooperation, financial support, personnel training, innovative applications, and other aspects. Thanks to the technological solutions of leading Chinese solar energy storage companies, including JinkoSolar, the vast majority of African regions have achieved photovoltaic grid parity, meaning that photovoltaic electricity prices are lower than the cost of local thermal or natural gas power generation. The African people not only have access to electricity, but also have access to it, which protects the environment and climate, provides opportunities for economic development and energy transformation at the lowest cost, solves the most basic issue of electricity consumption for people's livelihoods, and promotes the process of industrial greening.
Qian Jing said that the economy, independence, high distributability, weak dependence on the power grid, and natural sunshine advantages in most parts of Africa of the photovoltaic storage solution will create more opportunities for China and Africa in the field of photovoltaic clean energy in the future, allowing more African countries to enter the broad track of clean energy transformation. This can not only meet the rapidly growing energy demand in Africa, but also reduce dependence on fossil fuels and improve the stability of energy supply.
JinkoSolar is one of the earliest solar energy storage companies to expand overseas. Since 2010, it has been exploring the African market, which is an important battlefield for the company's overseas market. As of now, JinkoSolar's photovoltaic modules and energy storage products have been exported to a total of 45 countries in Africa, with a market share of nearly 15%.
JinkoSolar stated that it currently has its own marketing network and distribution system in the vast majority of African countries, with overseas warehouses located in the Namibia Free Trade Zone and the Nigeria Laki Free Trade Zone, which can radiate the demand of the entire African market.