JinkoSolar’s Jinko Solar Co. Ltd. (Jiangxi Jinko) subsidiary has agreed to sell its complete 100% equity stake in Xinjiang Jinko Solar Co., Ltd. (Xinjiang Jinko) for CNY 4.3 billion ($609 million). Separately, the group said that it has agreed to build a CNY 56 billion vertical integration base in China’s Shanxi province.
Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.
From zero to hero in 20 years, China’s PV industry has undergone an extraordinary journey. Vincent Shaw considers the reasons for the nation’s solar success and the challenges ahead.
As demand for n-type TOPCon solar panels continues to grow, JinkoSolar reports that it has seen 87% year-on-year growth for the technology. Dany Qian, Vice President of the Chinese PV manufacturer, discusses the difficulties the industry is facing and how JinkoSolar is working to overcome them.
The solar manufacturer has continued its growth trajectory, announcing that it delivered 10GW of its Tiger Neo modules to developers and distributors, including Aldo Solar in Latin America.
Data collected from a 30 MW PV project in China’s Tianjin Province demonstrates that n-type tunnel oxide passivated contact (TOPCon) modules achieve a little more than 5% more energy yield than p-type PERC. Analysis by JinkoSolar, which supplied its TOPCon modules to the project, credits the n-type modules’ increased performance to a better temperature coefficient in the project’s hot climate, higher bifaciality and lower degradation.
With China’s latest pandemic clampdown exacerbating existing costs for raw materials and shipping, big annual rises in solar cell and module shipments added up to a more than 91% fall in income from operations in just three months.
Manufacturing giant JinkoSolar has set another world record for n-type solar cell efficiencies with its TOPCon technology, this time pushing to 25.7%. The new world record was confirmed by China’s National Institute of Metrology.
The Chinese module manufacturer saw its sales and turnover increase significantly in the past financial year. The company said it is benefiting from increasing demand for n-type products worldwide, and also for distributed generation systems, with which higher returns can be achieved.
JinkoSolar says the collaboration could be the first-ever integration of next-generation N-type technology into solar hydrogen production. Meanwhile, Russia is reportedly ready to collaborate with the European Union on hydrogen energy projects, and Snam Group has signed a term sheet with the Torino Airport Management Company for the construction of a hydrogen-ready fuel cell system in cogeneration mode with a capacity of 1.2MW at Torino Airport.
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