Industry Updates

JinkoSolar has released its Q1 2022 financial results, confirming over 8.39GW of global shipments - a new quarterly high, achieved despite a backdrop of a challenging socio-economic landscape. Operating revenue in the quarter was 14.681 billion yuan, a year-on-year increase of 86.42%, with net profit attributable to the parent company 0.401 billion yuan, a year-on-year increase of 66.39%.

Sungrow has announced that it has secured a contract to supply its latest ultra-powerful SG350HX string inverter for a 45.75 MW PV project in Saudi Arabia. The project, at the Jubail 3A Independent Water Plant (IWP), is part of the Kingdom’s Vision 2030 planning and is forecast to begin commercial operations in Q4 2022, generating 600,000 cubic meters of drinkable water each day.

Across the 25th and 26th April, LONGi joined top PV researchers from all over the world in Berlin, Germany, to discuss the industry’s latest technology trends.

JinkoSolar has announced an order from Guangdong Energy Group for 200MW of its n-type Tiger Neo bifacial modules.

The award is given only to companies that have maintained a long term focus on specific products in the manufacturing industry, have led production technology and processes internationally and have achieved top market share domestically for one or more products.

Growatt has signalled its entry into the portable power station market with the launch of its Infinity 1500 product.

KSTAR will be taking part in next month’s Intersolar Europe exhibition in Munich (11-13 May), showcasing a number of its most popular product offerings, including the KSG-120CL inverter, a three-phase device with a DC voltage of 1100V, widely used for distributed commercial systems and large-scale centralized power plants.

Maxwell has announced that it has achieved a photoelectric conversion efficiency of 25.62% on a full size (M6, 274.5cm²) HJT cell, using low-indium transparent conductive oxides (TCO) combined with silver-coated copper paste, creating a new world record certified by the Institute for Solar Energy Research (ISFH) in Germany.

JinkoSolar has announced it has won a 100MW order to supply its Tiger Neo modules to the State Power Investment Corporation (SPIC) for an upcoming project in China, indicating that the company, the country’s biggest solar power developer, is moving its preferred technology toward the more advanced n-type TOPCon.  

Growatt has announced the signing of a 120MW contract with Pakistan’s National Machinery Corporation (NMC), marking another significant strategic move for the company in the country.