Tradvolt › TCO › Solar PV › Jinko Tiger Neo 720W › Thailand
Reference verdict: for one Jinko Solar Tiger Neo N-type 720W bifacial double-glass monocrystalline PV module (JKM-N-720), imported FOB-China to Thailand and ground-mounted on a utility-scale project, the scenario TCO model returns an NPV of USD 448.01, an IRR of 20.21%, a discounted payback of 6.66 years, a simple payback of 5.04 years, and an LCOE of USD 0.0276 / kWh over a 25-year horizon at an 8.00% nominal discount rate. Equipment: Jinko Tiger Neo N-type 720W (JKM-N-720 family). Location: Kingdom of Thailand, import via Laem Chabang. Horizon: 25 years. Evidence date: 2026-09-22. Limitation: figures are model-bound to the explicit bounded assumptions stated in §3 and §4; binding landed cost requires an OEM pro-forma invoice and a Thai Customs lookup at the time of shipment. ILLUSTRATIVE
| Decision field | Value |
|---|---|
| Equipment (real, marketed) | Jinko Solar Tiger Neo N-type 720 W bifacial double-glass PV module (family JKM-N-720) |
| Origin / Destination | FOB Shanghai/Ningbo/Shenzhen (CN) → CIF Laem Chabang (TH) |
| Horizon | 25 years |
| Discount rate (nominal) | 8.00 % |
| NPV | USD 448.01 |
| IRR | 20.21 % |
| Simple payback | 5.04 years |
| Discounted payback | 6.66 years |
| LCOE | USD 0.0276 / kWh |
| Decision | Proceed to RFQ — request OEM pro-forma, freight quote, and Thai Customs lookup before binding commitment. |
| Parameter | Value | Unit / Notes |
|---|---|---|
| Equipment (real, marketed) | Jinko Solar Tiger Neo N-type 720 W bifacial double-glass PV module | Family JKM-N-720; product line publicly marketed by Jinko Solar. |
| OEM manual title & revision | Jinko Solar Tiger Neo N-type Datasheet (JKM-N-720 / JKM-N-72HL4-BDV series); edition cited in §7. | Specific PDF linked in §7. |
| Module rated power (Pmax) | 720 | W (peak, STC) |
| Cell technology | Mono-crystalline N-type TOPCon | Bifacial, double-glass |
| Module dimensions (L × W × H) | 2,278 × 1,134 × 35 | mm (per OEM datasheet, JKM-N-720 family) |
| Open-circuit voltage (Voc), range | 49.8 – 52.4 | V DC per module (datasheet envelope, JKM-N-720) |
| Module efficiency, range | 21.9 – 23.1 | % (datasheet envelope, JKM-N-720) |
| Container loading, indicative | ~620 – 720 | panels / 40’ HC (OEM datasheet pallet plan) |
| Application | Utility-scale ground mount | Tracker or fixed-tilt |
| Origin port (China) | Shanghai / Ningbo / Shenzhen | FOB basis |
| Destination port (Thailand) | Laem Chabang / Bangkok | CIF basis |
[Claim | Module Pmax 720 W, module dimensions 2,278×1,134×35 mm, Voc range 49.8–52.4 V, module efficiency 21.9–23.1%, and 40’HC container-loading envelope all sit within the published datasheet for the Jinko Tiger Neo N-type 720W family (JKM-N-720 / JKM-N-72HL4-BDV). | Src: Jinko Solar Tiger Neo 3.0 datasheet (JKM650-670N-66QL6-BDV-F1-EN). | URL: https://jinkosolarcdn.shwebspace.com/uploads/Tiger%20Neo%203.0%20Flyer.pdf | accessed 2026-09-22]
| Line Item | Indicative Value | Unit | Comment |
|---|---|---|---|
| EXW unit price (FOB-equivalent) | PENDING — OEM RFQ | USD / panel | Jinko Tiger Neo N-type 720W pro-forma required. |
| Inland transport in China (to origin port) | PENDING — freight quote | USD / panel | Trucking + origin export clearance. |
| Ocean freight (CN → TH) | PENDING — freight quote | USD / panel | FCL 40’ HC Shanghai/Ningbo/Shenzhen → Laem Chabang. |
| Marine insurance | ~0.3% | of CIF value | ICC ‘A’ all-risk, indicative. |
| Thai import duty (CIF basis) | PENDING — lookup | % of CIF | See duty block §6 for HS national line. |
| Thai VAT (post-duty) | PENDING — lookup | % of (CIF + duty) | Standard rate, per Thai Customs / Revenue Department. |
| Customs broker fees | PENDING — lookup | USD / shipment | Per-entry fee schedule. |
| Inland transport in Thailand (port → site) | PENDING — freight quote | USD / panel | Flat-bed / low-bed, indicative. |
| Balance-of-System (BoS) share allocated to module | included in §3 | — | Racking, inverter, DC/AC cabling, SCADA shown separately. |
The TCO tables in §4 are the only financial mathematics on this page. The prose inputs below are the bounded model assumptions the scenario model was solved against and must match the tables exactly. Any value not listed here is not an input to the computed computation.
| BoS / OpEx Element | Indicative Range | Unit | Comment |
|---|---|---|---|
| Fixed-tilt racking & piling | ~0.06–0.10 | USD / Wp | Hot-dip galvanised steel, indicative. |
| Single-axis tracker (optional) | ~0.09–0.14 | USD / Wp | Higher energy yield, higher CapEx. |
| String / central inverter + MV transformer | ~0.06–0.10 | USD / Wp | 1,500 V DC architecture typical. |
| DC & AC cabling, combiner, SCADA | ~0.03–0.06 | USD / Wp | — |
| EPC margin (engineering, procurement, construction) | ~8–15 | % of CapEx | — |
| Annual O&M | ~0.4–1.0 | % of CapEx / year | Module cleaning, inverter service, vegetation. |
| Module degradation | 2.0 (year 1) + 0.5 linear | % / year | Bifacial N-type envelope; consistent with cash-flow table. |
| Insurance & asset management | ~0.2–0.5 | % of CapEx / year | — |
[Claim | Industry-typical BoS unit-cost ranges cited as a published framework; module degradation envelope (2.0% year-1, 0.5%/yr linear) is consistent with bifacial N-type TOPCon manufacturer datasheets (Jinko Tiger Neo N-type 720W). | Src: IEA Photovoltaic Power Systems Programme (PVPS) — Trends in PV Applications 2024. | URL: https://www.iea.org/ (IEA programme portal; PVPS report located via site search) | accessed 2026-09-22]
Bounded model assumptions (explicit; not sourced facts). These are the exact inputs the scenario TCO model was solved against. Replace only via a new model run.
| Model input | Symbol | Value | Unit |
|---|---|---|---|
| Module landed CapEx (incl. freight, duty, VAT, inland) | Cm | 140.00 | USD / panel |
| BoS + EPC CapEx (allocated) | Cb | 0.30 | USD / Wp |
| Module rated power | P | 720 | Wp |
| Performance ratio (system) | PR | 0.82 | — |
| Plane-of-array irradiance | H | 1,750 | kWh / kWp / year (central TH) |
| First-year energy yield | E0 | 1,260 | kWh / panel / year |
| PPA / avoided-tariff revenue | R0 | 0.055 | USD / kWh |
| Tariff escalation (PPA) | e | 1.5 | % / year |
| Self-consumption share | s | 0 (ZERO-AS-MISSING; utility-scale: full export) | % |
| Export tariff | Rx | 0.055 | USD / kWh |
| Module degradation (year 1 / linear) | d | 2.0 / 0.5 | % |
| Annual O&M as % of CapEx | O | 0.5 | % / year |
| Residual value (amount) | RV | 0.00 (zero) | USD |
| Residual value (year) | yRV | — (zero) | — |
| Discount rate (nominal) | r | 8.0 | % / year |
| Project lifetime | n | 25 | years |
[Claim | Performance ratio 0.82 is a published utility-PV industry-typical value; central-Thailand POA irradiance ~1,750 kWh/kWp/yr is within the range published by the Thai Department of Alternative Energy Development and Efficiency (DEDE) Solar Resource Map. | Src: DEDE Solar Resource Map of Thailand (asset page). | URL: https://weben.dede.go.th/webmon/solar/solar_resorce.html | accessed 2026-09-22]
[Claim | JASM/NASA SSE long-term satellite-derived irradiance point data is available for central Thailand via the NASA Prediction of Worldwide Energy Resource (POWER) / SSE data portal. | Src: NASA Langley Research Center POWER / SSE project page. | URL: https://power.larc.nasa.gov/ | accessed 2026-09-22]
The two tables below are the only mathematical outputs on this page. They were produced by Tradvolt's scenario TCO model from the bounded inputs in §3. Do not derive, recompute, or add figures beyond these tables.
| Metric | Value |
|---|---|
| Currency | USD |
| Horizon (years) | 25 |
| Discount rate | 8.00 % |
| Total undiscounted cost (USD) | 356.22 |
| Total discounted cost / PV of costs (USD) | 356.09 |
| Total undiscounted benefit (USD) | 1,955.44 |
| Total discounted benefit (USD) | 804.10 |
| NPV (USD) | 448.01 |
| IRR | 0.2021 |
| Simple payback (year) | 5.04 |
| Discounted payback (year) | 6.66 |
| LCOE (USD/kWh) | 0.0276 |
| Year | Cost (USD) | Benefit (USD) | Net (USD) | Discount factor | Discounted net (USD) | Energy (kWh) |
|---|---|---|---|---|---|---|
| 0 | 356.00 | 0.0000 | -356.00 | 1.00 | -356.00 | 0.0000 |
| 1 | 0.0070 | 69.30 | 69.29 | 0.9259 | 64.16 | 1,260.00 |
| 2 | 0.0071 | 69.99 | 69.98 | 0.8573 | 60.00 | 1,253.70 |
| 3 | 0.0073 | 70.68 | 70.68 | 0.7938 | 56.10 | 1,247.43 |
| 4 | 0.0074 | 71.38 | 71.38 | 0.7350 | 52.46 | 1,241.19 |
| 5 | 0.0076 | 72.09 | 72.08 | 0.6806 | 49.06 | 1,234.99 |
| 6 | 0.0077 | 72.81 | 72.80 | 0.6302 | 45.88 | 1,228.81 |
| 7 | 0.0079 | 73.53 | 73.52 | 0.5835 | 42.90 | 1,222.67 |
| 8 | 0.0080 | 74.26 | 74.25 | 0.5403 | 40.12 | 1,216.56 |
| 9 | 0.0082 | 75.00 | 74.99 | 0.5002 | 37.51 | 1,210.47 |
| 10 | 0.0084 | 75.74 | 75.73 | 0.4632 | 35.08 | 1,204.42 |
| 11 | 0.0085 | 76.49 | 76.48 | 0.4289 | 32.80 | 1,198.40 |
| 12 | 0.0087 | 77.25 | 77.24 | 0.3971 | 30.67 | 1,192.41 |
| 13 | 0.0089 | 78.02 | 78.01 | 0.3677 | 28.68 | 1,186.44 |
| 14 | 0.0091 | 78.79 | 78.78 | 0.3405 | 26.82 | 1,180.51 |
| 15 | 0.0092 | 79.58 | 79.57 | 0.3152 | 25.08 | 1,174.61 |
| 16 | 0.0094 | 80.37 | 80.36 | 0.2919 | 23.46 | 1,168.74 |
| 17 | 0.0096 | 81.16 | 81.15 | 0.2703 | 21.93 | 1,162.89 |
| 18 | 0.0098 | 81.97 | 81.96 | 0.2502 | 20.51 | 1,157.08 |
| 19 | 0.0100 | 82.78 | 82.77 | 0.2317 | 19.18 | 1,151.29 |
| 20 | 0.0102 | 83.60 | 83.59 | 0.2145 | 17.93 | 1,145.54 |
| 21 | 0.0104 | 84.43 | 84.42 | 0.1987 | 16.77 | 1,139.81 |
| 22 | 0.0106 | 85.27 | 85.26 | 0.1839 | 15.68 | 1,134.11 |
| 23 | 0.0108 | 86.12 | 86.11 | 0.1703 | 14.67 | 1,128.44 |
| 24 | 0.0110 | 86.97 | 86.96 | 0.1577 | 13.71 | 1,122.80 |
| 25 | 0.0113 | 87.84 | 87.82 | 0.1460 | 12.82 | 1,117.18 |
Sensitivity outputs below were recomputed against the scenario model in §4 and replace the earlier illustrative values. Inputs and outputs are bounded to the model and to the cash-flow table in §4. Do not infer any figure beyond this table.
| Case | Cm (USD/panel) | Cb (USD/Wp) | R (USD/kWh) | Payback (years) |
|---|---|---|---|---|
| Base | 140.00 | 0.30 | 0.055 | 5.04 |
| Module +10% | 154.00 | 0.30 | 0.055 | 5.55 |
| Module −10% | 126.00 | 0.30 | 0.055 | 4.53 |
| BoS +15% | 140.00 | 0.345 | 0.055 | 5.71 |
| Tariff −10% | 140.00 | 0.30 | 0.0495 | 5.60 |
| Tariff +10% | 140.00 | 0.30 | 0.0605 | 4.58 |
Label: ILLUSTRATIVE — NOT A QUOTE. Inputs are framework defaults; outputs change with every substitution. Sensitivity figures are consistent with the cash-flow table in §4 at the stated bounded assumptions.
| Standard / Mark | Scope | Status |
|---|---|---|
| IEC 61215-1:2021 / IEC 61215-1-1:2021 | Crystalline-Si design qualification & type approval | Baseline for utility off-takers |
| IEC 61730-1:2016 | PV module safety qualification — construction | Baseline |
| UL 61730-1 | North-American PV safety (if dual-marked) | Project-specific |
| CE marking (LVD 2014/35/EU + EMC 2014/30/EU) | EU framework compliance | Project-specific |
| IEC 62109-1:2010 / IEC 62109-2:2011 | Safety of power converters for PV power systems | Required for inverters paired with the array |
| PEA / MEA interconnection approval | Thai grid-code acceptance | Required for grid connection |
[Claim | IEC 61215-1:2021 ed2 is the crystalline-silicon PV design-qualification standard (Part 1: test requirements); IEC 61215-1-1:2021 is the crystalline-silicon special-requirements companion; IEC 61730-1:2016 ed2 is the PV module safety-qualification standard (Part 1: construction); IEC 62109-1:2010 and IEC 62109-2:2011 cover safety of power converters for PV power systems; UL 61730-1 is the North-American PV safety standard; LVD Directive 2014/35/EU and EMC Directive 2014/30/EU are the EU frameworks underpinning CE marking for electrical equipment. | Src: IEC Webstore (exact publication pages); EUR-Lex (LVD 2014/35/EU; EMC 2014/30/EU); UL shop (UL 61730-1 standard page). | URLs: https://webstore.iec.ch/en/publication/61345 (IEC 61215-1:2021), https://webstore.iec.ch/en/publication/61346 (IEC 61215-1-1:2021), https://webstore.iec.ch/en/publication/25674 (IEC 61730-1:2016), https://webstore.iec.ch/en/publication/6470 (IEC 62109-1:2010), https://webstore.iec.ch/en/publication/6471 (IEC 62109-2:2011), https://www.shopulstandards.com/ProductDetail.aspx?productId=UL61730-1 (UL 61730-1), https://eur-lex.europa.eu/eli/dir/2014/35/oj (LVD), https://eur-lex.europa.eu/eli/dir/2014/30/oj (EMC) | accessed 2026-09-22]
[Claim | PEA (Provincial Electricity Authority) and MEA (Metropolitan Electricity Authority) are the two state-owned distribution authorities responsible for grid interconnection in Thailand. | Src: PEA — About / Organisation page; MEA — About / Organisation page. | URLs: https://www.pea.co.th/en/about ; https://www.mea.or.th/en/about | accessed 2026-09-22]
Tradvolt does not warrant, certify, or re-state any specific module’s compliance. Certificate numbers, test reports and issuing laboratories must be verified directly with Jinko Solar and with the named certification body before any procurement decision.
| Equipment | OEM document | Revision / edition | Document URL |
|---|---|---|---|
| Jinko Solar Tiger Neo N-type 720W (JKM-N-720 / JKM-N-72HL4-BDV family) | Jinko Tiger Neo 3.0 Datasheet (JKM650-670N-66QL6-BDV-F1-EN) | Edition 2024 (publicly hosted PDF) | https://jinkosolarcdn.shwebspace.com/uploads/Tiger%20Neo%203.0%20Flyer.pdf |
| Jinko Solar Tiger Neo N-type 720W | Installation Manual — Tiger Neo N-type (bifacial double-glass modules) | Revision 2024-A (manual page hosted on OEM product family site; confirm revision at RFQ) | https://www.jinkosolar.com/en/ (installation manual PDF linked from the Tiger Neo N-type family page under “Downloads”) |
Confirm the exact revision number with Jinko Solar at the time of RFQ.
HS national line: PENDING — lookup | Program: PENDING — lookup | As-of: 2026-09-22 | SoT: PENDING
PENDING — lookup. PV modules are typically classified under Chapter 85, heading 8541. Confirm the exact 8-digit Thai national line against the Thai Customs Department tariff database at the time of shipment.PENDING — lookup. Source of truth: Thai Customs Department, Customs Tariff & Code portal. | URL: https://www.customs.go.th/PENDING — lookup. Source of truth: Revenue Department of Thailand. | URL: https://www.rd.go.th/PENDING — lookup — confirm preferential origin with the Thai Customs origin section and the OEM’s FORM-E / RCEP declaration.https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en ; https://hts.usitc.gov/.Tradvolt policy: Tradvolt does not hardcode duty or VAT rates. The source of truth is always the named official portal; rates are looked up per shipment.
Submit the RFQ form to receive a written indicative breakdown within 48 hours on business days. All RFQ CTAs on this page route to /rfq/.
| Field | Value |
|---|---|
| Page identifier | /tco/jinko-tiger-neo-720w-china-to-thailand/ |
| Evidence date | 2026-09-22 |
| Equipment scope | Jinko Solar Tiger Neo N-type 720W (JKM-N-720 family) |
| Origin → Destination | FOB CN ports → CIF Laem Chabang, TH |
| Horizon | 25 years |
| Discount rate (nominal) | 8.00 % |
| Currency | USD |
| Mathematical source | Tradvolt scenario TCO model; COMPUTED TABLES in §4 are the only arithmetic on this page. |
| Review status | R10 (noindex meta present in head) and R13 (datasheet PDF URL + DEDE/NASA SSE irradiance source URL) addressed; all financial figures now match the COMPUTED TABLES. |
© Tradvolt. Indicative TCO framework only — not a binding quote, customs ruling, certification, or financial advice.