Markets

China PV News Snippets: JinkoSolar, Almaden, JA Solar

JinkoSolar Supplies Modules To Pakistan And Vietnam; Almaden Expects RMB 130 To 140 Million Net Profit; JA Solar Signs Cell/Module Capacity; 2 Days To Go For TaiyangNews Conference

Meena Nair
  • JinkoSolar's high-performance solar panels are now powering 17.5 MW Fauji solar power plant in Pakistan
  • Almaden registers a net profit of RMB 130 to 140 million in 2020
  • JA Solar signs up for a new cell/module capacity in Yangzhou
  • Just two days left for the much-anticipated TaiyangNews Conference on Advanced Module Technologies

JinkoSolar supplies 17.5 MW module for Pakistan project and 2.3 GW to Vietnam in 2020: Module manufacturer JinkoSolar announced that its high-performance solar panels are now powering 17.5 MW Fauji solar power plant in Pakistan. Three JinkoSolar module series – Eagle, Cheetah and Tiger – are being used in the project, which is being rolled out in three phases and is expected to be deployed in 3 years. Meanwhile, in 2020, JinkoSolar supplied over 2.3 GW solar modules to Vietnam, including 541 MW modules for Xuan Thien Ea-Sub Project, 127.6 MW to Phu My project, and 611 MW modules for Trung Nam project (see Bifacial JinkoSolar Modules For Vietnam Solar Project).

Almaden expects RMB 130 to 140 million net profit in 2020: Solar glass and module manufacturer Changzhou Almaden Co., Ltd released its 2020 performance forecast, which is expected to turn losses into profits. During the reporting period, the listed company registered a net profit of RMB 130 to 140 million ($20 to 22 million), and a loss of RMB 97,054 million ($14984 million) in the same period last year. The sales volume of the company's solar glass and other products have increased significantly over the same period last year, thus resulting in a positive impact on the company's operating results. Almaden had expected a net profit in 9M/2020 (see China PV News Snippets: Sungrow, Almaden, Wood Mackenzie)

JA Solar signs PV module production line in Yangzhou: The Yangzhou Economic and Technological Development Zone Management Committee announced that JA Solar has signed up for new solar cell/module production capacity in Yangzhou. The Chinese vertically integrated solar module manufacturer intends to invest RMB 10 billion ($1.54 billion) in this production line, out of which RMB 6 billion ($0.93 billion) will be used for the first phase. The 10 GW cell and 6 GW module production line is expected to be completed and put into operation in 2021.

2 days to go for TaiyangNews Conference on Advanced Module Technologies: Just 2 days left for our TaiyangNews Conference on Advanced Module Technologies to start on Jan. 27. At the Conference, there will be representatives from world leading solar module manufacturers Trina Solar, Risen Energy, LONGi Solar, Jinko Solar, Astronergy, Canadian Solar and leading European research institute CEA/INES discussing developments and improvements of commercial solar panels. The conference, which will take place on Jan 27/28 from 14:00 to 17:00 CET, will be also the launch event for TaiyangNews annual Advanced Solar Module Technology Report. Join us! Register Now for Free. (see TaiyangNews Virtual Conference on Advanced Solar Modules)