JinkoSolar plans US$3.3bn 30GW silicon pull rod, 24GW module and aluminium frame expansion

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Robot assembly at one of JinkoSolar’s production facilities. Image: JinkoSolar

JinkoSolar has revealed details of a multi-project silicon pull rod, module assembly and aluminium frame expansion in China, which the manufacturer is to invest a combined RMB20.8 billion (US$3.27 billion) in.

The ‘Solar Module Super League’ member’s Jiangxi Jinko operating subsidiary, which listed on China’s STAR Market earlier this year, today revealed two separate deals signed with counterparties including municipal governments and regional bodies in both Qinghai and Jiangxi.

The manufacturer said it had entered into a project investment cooperation framework with local development entities in Qinghai and Xining to construct a 20GW monocrystalline silicon pull rod project at a total investment value of RMB10 billion (US$1.6 billion).

The project is to be built in two phases, the first of which will establish a 20GW silicon pull rod facility with an investment value of RMB7 billion. Construction on the first phase is to start next month.

A second phase with a capacity of 10GW is to begin construction in either 2023 or 2024.

Meanwhile Jiangxi Jinko was also revealed to have signed a similar agreement with Shangrao Guangxin District Government to build both module assembly and aluminium frame production facilities in Jiangxi.

In total, 24GW of module assembly capacity will be developed in Shangrao City over the course of three years. Phase one of the project will establish an 8GW module facility which is expected to begin to ramp in mid-December 2022 before becoming fully operational in June 2023. Subsequent phases will each establish 8GW capacity additions, with construction slated to start in Q4 2023 and Q3 2025 respectively.

The third phase of the module facility will also coincide with the development of the aluminium frame project, which will have an annual capacity of 100,000 tons, the company said.

Read Next

May 26, 2022
Leading solar manufacturers have implored governments to implement tax credits and other financial incentives to stimulate domestic PV manufacturing.
May 24, 2022
South Korean conglomerate Hanwha Group has said it will invest US$3.3 billion in solar and wind technology and intends to create a solar R&D hub in Korea as part of a massive investment strategy focused on several industrial areas.
PV Tech Premium
May 24, 2022
PV Tech Premium spoke with the Clean Energy Associates at this month's Intersolar regarding their traceability protocol, what it expects from ongoing legal battles in the US and the problem with European module procurement.
May 23, 2022
Solar investments in China reached RMB29 billion (US$4.4 billion) in the first four months of the year, according to the country's National Energy Administration (NEA).
PV Tech Premium
May 19, 2022
PV Tech speaks to Qcells CEO Justin Lee about the manufacturer's recent solar manufacturing capacity expansion, its use of TOPCon as a 'stepping stone' to future cell technologies and its new clean energy strategy.
Sponsoredtrue
May 18, 2022
JA Solar has today unveiled its new n-type module (Bycium+ cell), the DeepBlue 4.0 X, whilst committing to a 15GW manufacturing capacity of the product by next year.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas