Chinese PV Industry Brief: JinkoSolar’s H1 panel shipments hit 30 GW
JinkoSolar has announced its financial outlook for the first half of 2023. The module maker said it expects a net profit of about CNY 3.66 billion ($509.6 million). It says it shipped more than 30 GW PV modules in the first half. It also signed more than 10 GW n-type of TOPCon supply contracts with unspecified clients in China.
Aiko Solar has said that its net profit for the first half of 2023 will reach CNY 1.26 billion to CNY 1.4 billion, with shipments of solar cells and PV modules to hit 18.5 GW and 19 GW, respectively. The manufacturer said it expects more growth in the second half of the year.
Canadian Solar said that its majority-owned unit, CSI Solar Co., Ltd., has issued an additional 81,158,500 shares at CNY 11.10 per share, as part of an initial public offering. The subsidiary has raised a total of CNY 6.9 billion in gross proceeds from the IPO.
Please login to comment
[…] Da pv magazine Global […]
[…] JinkoSolar has recorded a net profit attributable to shareholders of CNY 3.8 billion for the first half of 2023. Operating income hit CNY 53.6 billion, up 60.52% year on year. PV shipments hit 33.1 GW, including 30.8 GW of modules. N-type module shipments totaled 16.4 GW. The company said it is targeting 70 GW to 75 GW of full-year PV module shipments in 2023. Separately, JinkoSolar also announced a $1.33 billion private placement plan to support a $1.33 billion TOPCon solar factory project in China’s Shanxi province. […]