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Home - Solar Industry - Chinese PV Industry Briefing: JinkoSolar’s TOPCon Module Shipments Exceed 100 GW
Solar Industry

Chinese PV Industry Briefing: JinkoSolar’s TOPCon Module Shipments Exceed 100 GW

solarenergyBy solarenergyJuly 5, 2024No Comments3 Mins Read
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Chinese solar panel manufacturer JinkoSolar says it has shipped more than 100 GW of tunnel oxide passivated contact (TOPCon) modules in just 18 months.

July 5, 2024 Vincent Shaw and Valerie Thompson

JinkoSolar said deliveries of its n-type TOPCon solar panels have exceeded 100 GW. Since launching the Tiger Neo module series in late 2022, it says it has achieved this milestone in 18 months, selling to more than 4,000 enterprise customers in 148 countries and regions. It reported that the production efficiency of its n-type TOPCon cells has increased from 24.5% to 26.3% and expects it to exceed 26.5% by the end of this year.

Long said it has opened a new global R&D center for distributed products in Jiaxing, Zhejiang province. The first phase facility covers 20,000 square meters, divided into four functional zones for experimental production lines, materials testing and product reliability, as well as innovation with supply chain partners. Longi said in its annual report that it has allocated CNY7.721 billion ($1.06 billion) to R&D in 2023, with the research division housing a team of more than 5,000 researchers.

Xinyi solar energy said it expects net profit for the first six months of 2024 to be 35% to 45% higher than the HKD1,391.5 million ($178.1 million) it posted in the same period last year. It said it posted higher sales volume and improved gross profit margin despite lower average selling prices of certain solar glass products. The improved margins were due to lower raw material and energy costs and improvements in production efficiency.

See also  Letter from China's PV Industry: Tongwei Wins $5.4 Billion Polysilicon Order from Longi

Shenzhen Guangyuan intelligent equipment (Auto One) has signed a supply agreement with Shandong Guorun Energy Group for 0BB heterojunction (HJT) string welding equipment, providing 20 GW capacity for its HJT production lines. Shenzhen-based Auto One specializes in the production of solar cell and PV module equipment. The 0BB stress-free welding technology saves more than 30% on the cost of silver paste and more than 20% on the cost of silicon material compared to traditional multi-busbar (MBB) infrared welding. In the second half of 2023, Auto One won a bid to supply 5 GW of HJT-0BB voltage-free string welding equipment to an unspecified HJT company, with all equipment now operational.

Chinese energy overseas investments has completed a full grid connection for Uzbekistan’s largest solar project, a now operational 1 GW installation. The affiliated construction group and regional subsidiaries built the project, which consists of 500 MW in Buxoro and 500 MW in Qashqadaryo. Once fully operational, the installation will create approximately 1,600 local jobs and supply 2.4 TWh of clean electricity per year.

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