Back to back announcements for a total of 10 GW high efficiency mono wafer capacity by JinkoSolar is an attempt by the world's largest vertically integrated module supplier to enhance the overall integration of its production, said CEO Kangping Chen. (Photo Credit: TaiyangNews)
- JinkoSolar has announced its additional expansion plans for mono wafer production capacity
- It will be adding 5 GW more of this capacity at its Leshan, Sichuan province located fab in China under Phase II of its expansion plans
- Company expecting annual cumulative mono wafer production capacity to reach 18 GW once the additional 5 GW goes online in Q2/2020
- Under Phase I, its previously announced 5 GW greenfield production facility has already achieved full capacity
JinkoSolar Begins Production At Yiwu Fab With 4.8 GW Annual Capacity Under Phase I, While Targeting 16 GW Cumulative Capacity Here
(02. June 2020)
JinkoSolar Targeting Up To 10 GW Annual Manufacturing Capacity For 460 W Tiger Solar PV Panel Series In 2020; Plans To Commence Volume Production In Q1/2020
(19. December 2019)
JinkoSolar To Construct 5 GW New Greenfield Mono Wafer Production Facility In China’s Sichuan Province; Secures 10.7 GW Orders For 2019 With Vast Majority Coming In From Overseas
(01. May 2019)
The world’s largest solar module supplier JinkoSolar Holding Co., Ltd. is expanding its high efficiency mono wafer production capacity with 5 GW more at its new facility in Leshan, Sichuan Province. Once this comes online, it will boast of 18 GW of cumulative mono wafer manufacturing capacity, the Chinese company said.
Only in April 2019, vertically integrated JinkoSolar announced its plans to construct a 5 GW new greenfield mono wafer production facility in Sichuan with full production ramp up to be achieved by Q4/2019 which would have taken its cumulative mono wafer capacity to 11.5 GW (see JinkoSolar Plans New 5 GW Mono Wafer Fab).
Now, it says the first 5 GW capacity expansion project formed Phase I, began production in Q2/2019, and has already reached full capacity. Under Phase II, it will now add another 5 GW to begin full production in Q2/2020.
Explaining the rationale, JinkoSolar CEO Kangping Chen said, “With this added capacity, we will be ideally positioned to benefit from the growth opportunities that strong demand for high-efficiency mono products are creating. Rapidly expanding capacity for mono products will enhance the overall integration of our production and significantly improve overall profitability going forward.”
Till the end of June 2019, JinkoSolar had 10.5 GW annual production capacity for silicon wafers, 7.4 GW of solar cells, 12.6 GW of solar modules.