JA Solar To Expand Capacity For RMB 10.39 Billion

JA Solar To Expand Vertical Integrated Production Capacity Of Ingot, Wafer, Solar Cell & Modules For RMB 10.39 Billion Investment
07:48 PM (Beijing Time) - 17. September 2020
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Key Takeaways

  • JA Solar will expand its integrated solar PV manufacturing capacity in China and Vietnam
  • RMB 10.39 billion investment will expand the company’s annual capacity of ingot, wafer, solar cell and module
  • Capacity expansion will prep the company for its future capacity planning and meet market demand

JA Solar Technology  Co., Ltd. has revealed plans to expand its integrated production capacity of silicon wafers, cells and modules with a combined investment of RMB 10.391 billion ($1.53 billion), the management announced in a stock exchange filing. This includes the expansion of its capacity of silicon wafers, cells and modules.

The management explained that this investment is in line with the company’s strategic needs for future capacity planning and conducive to its vertical integrated industrial chain layout. “After the project is put into production, it can effectively increase the production capacity of high efficiency products and meet the market demand,” it stated.

Ingots and wafers

It plans to add 1 GW annual capacity for ingots and 5 GW annual wafer capacity for RMB 670 million ($99 million) in Ningjin county of China.

Another 20 GW of annual ingot production capacity is planned for Yunnan Hydropower and Silicon Processing Integrated Industry Demonstration base in Nanhaizi Industrial Park, also in China for an investment of RMB 5.83 billion ($861 million). This capacity will be implemented in 2 phases.

Solar cells

For high efficiency crystalline solar cells, the company wants to expand its manufacturing capacity by another 3.5 GW through a new project company in Vietnam’s Gwangju Industrial Zone, Bac Giang province. Project construction period is likely to last 15 months and will cost RMB 1.47 billion ($217 million).

Through its wholly owned subsidiary JA Solar (Yangzhou) Solar Technology Co., Ltd., the company will set up 6 GW of high efficiency solar cell project in Yangzhou Economic and Technological Development Zone for RMB 1.72 billion ($254 million). Its construction period should last 12 months.

Recently, JA Solar announced the completion and commercial operations of its 3.6 GW solar cell production capacity with a total investment of RMB 1.13 billion using 182 mm wafer size in Ningjin county of Hebei province in China (see China PV News Snippets: Risen Energy, JA Solar, ZNShine).

Module

For solar modules, the aim for JA Solar is to set up 3.5 GW capacity of new high power modules in Vietnam through JA Solar Viet Nam Company Limited. It will be set up in Gwangju Industrial Zone of Bac Giang province by using existing land to build this new production line and supporting facilities. It estimates an investment of RMB 700 million ($103 million) on this project and the new line to come up within 11 months.

While JA did not say when all these new capacities are planned to be online, as per the company’s 2019 annual report, its annual wafer production capacity was 11.5 GW with 11 GW of solar cell and 11 GW of module capacity. During TaiyangNews’ 1st Virtual Conference on 500W+ modules, JA Solar’s Tao Wang said his company is looking at reaching 20 GW of cumulative module capacity by the end of 2020 and by the end of 2021, it should scale up to 23 GW (see TaiyangNews 500W+ Conference: JA Solar).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani