Zhi Tong Cai Jing·2025-11-05 14:54Core Viewpoint - JinkoSolar (JKS.US) shares rose over 6% to $26.28 following the release of a report highlighting significant growth in China's photovoltaic (PV) capacity, marking a pivotal moment in the global energy transition [1] Industry Summary - A conference titled "Photovoltaic Empowering Global Green and Low-Carbon Transition" was held in Beijing on November 3, coinciding with the 10th anniversary of the Paris Agreement and the 5th anniversary of China's dual carbon goals [1] - The report titled "One Billion Kilowatts, Towards the Light - 2025 China Photovoltaic Construction Progress Report" indicates that by July 2025, China's cumulative installed PV capacity is expected to exceed 1.1 billion kilowatts, representing a 50.8% increase compared to the previous year [1] - Over the past decade, China's PV industry has experienced remarkable growth, becoming a core driver of global energy transition [1] - From 2013 to 2024, China's installed PV capacity surged from 15.89 million kilowatts to 880 million kilowatts, a 56-fold increase with an average annual growth rate of 44% [1] - The share of PV capacity in China's total installed power capacity rose from 1.41% to 26.48% [1]