Post by
Acura001 on May 21, 2024 1:06pm
JinkoSolar and Junior Solar Company to watch
JinkoSolar Holdings is considered a good company for several reasons. Firstly, JinkoSolar is one of the largest and most innovative solar module manufacturers in the world. They have a strong track record of delivering high-quality products and solutions to customers globally.
Secondly, JinkoSolar has a vertically integrated business model, which means they control the entire solar value chain, from silicon ingot production to module manufacturing. This vertical integration allows them to have greater control over the quality, reliability, and cost-efficiency of their products. It also enables them to respond quickly to changing market demands and deliver competitive solutions.
Additionally, JinkoSolar has a diverse and extensive project portfolio. They have successfully developed and executed numerous utility-scale solar projects, as well as commercial and residential installations. This diverse project experience demonstrates their expertise in project development and execution across different geographies and market segments.
Moreover, JinkoSolar is committed to innovation and research and development. They invest significantly in advancing solar technology, improving the efficiency of their products, and reducing manufacturing costs. Their commitment to innovation has resulted in industry-leading products, such as high-efficiency modules and advanced cell technologies.
Furthermore, JinkoSolar has a strong financial position and a solid balance sheet. They have a history of generating healthy revenues and profitability, which demonstrates their financial stability and ability to execute projects effectively.
Lastly, JinkoSolar is dedicated to sustainability and environmental responsibility. They prioritize energy efficiency, environmental protection, and sustainable business practices. They have also been recognized for their efforts in promoting clean energy adoption and reducing carbon emissions.
Overall, JinkoSolar Holdings' strong reputation, vertically integrated business model, diverse project portfolio, commitment to innovation, financial stability, and dedication to sustainability make it a reputable and reliable company in the solar industry.
The solar industry is set to explode in the next 10 years. Small players like Solar Alliance Energy SOLR are set to explode in SP Values comparable to JinkoSolar Currently Trading at 5 cents with Profitable Quarters. Here is the last CEO report listed bellow.
- Solar Alliance is a fast growing developer of commercial solar projects in the US and Canada. They design, engineer, construct and manage solar installations.
- In 2021 revenue was $4.8 million. In 2022 it grew to $7.5 million, a 55% increase, due to larger commercial projects. Their focus is on the commercial solar market with projects ranging from $500k to $10 million.
- They reduced expenses last year through salary cuts, lower overhead, and selling two owned projects in New York at a loss.
- Growth targets include revenue of $8-8.5 million, larger project sales, expanding grant opportunities, and assessing a 77MW potential wind project in BC.
- Supply chain issues caused by COVID inflated costs initially but prices have come down. Inflation and interest rates haven't noticeably impacted customer decisions so far.
- Cash flow management is important as they finance materials between receiving customer payments. Faster project cycles would improve margins.
- A $1 million financing will allow faster materials purchases and project times to further accelerate growth while developing the wind project.