JYT’s PV power plant capacity growth slows drastically in 2018

Facebook
Twitter
LinkedIn
Reddit
Email
The capacity growth in 2017 had been over 61%, reaching a total of 1,150.39MW, compared to 651.47MW at the end of 2016, indicating a significant slowdown in capacity growth in 2018. Image: JYT

Silicon wafer furnace to downstream PV power plant owner, Beijing Jingyuntong Technology Co (JYT) has reported its PV power plant capacity in 2018 totalled 1,239.11MW, an 18% increase over the previous year.

The capacity growth in 2017 had been over 61%, reaching a total of 1,150.39MW, compared to 651.47MW at the end of 2016, indicating a significant slowdown in capacity growth in 2018.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Beijing Jingyuntong Technology Co (JYT) has reported its PV power plant capacity in 2018 totalled 1,239.11MW, an 18% increase over the previous year.

The slowdown is believed to be a direct consequence of the China 531 New Deal, which was introduced at the end of May, 2018 to curtail utility-scale and Distributed Generation PV projects as back payments to electricity spiralled out of control. 

JYT is one the first companies in China to report 2018 PV power plant capacity figures. 

The company had previously reported revenue for the first nine months of 2018 of approximately RMB 1.68 billion (US$248.7 million), up from RMB 1.3 billion (US$192 million) in the prior year period. 

The company had previously reported revenue for the first nine months of 2018 of approximately RMB 1.68 billion (US$248.7 million), up from RMB 1.3 billion (US$192 million) in the prior year period.

JYT had previously won major multi-gigawatt upstream monocrystalline silicon puller equipment orders from the likes of JinkoSolar.

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

July 11, 2025
Sabanci Renewables, the North American subsidiary of Turkish conglomerate Sabanci Holdings, is building a 156MWdc solar project in McLennan County, Texas.
July 11, 2025
Renewable electricity generation has grown more than twice as fast as total global electricity generation since 2012, according to the International Renewable Energy Agency (IRENA).
July 11, 2025
Indian independent power producer (IPP) Juniper Green Energy has commissioned an additional 71MWp at Chapalgaon Solar Project in Solapur, Maharashtra.
July 11, 2025
The Asia Pacific (APAC) region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.
Premium
July 11, 2025
According to the latest pricing data from the Silicon Industry Branch, released on 9 July, the transaction price range for n-type dense polysilicon has oscillated between RMB34,000-38,000/ton (US$4,741-5,299/ton).
July 11, 2025
The Australian Energy Market Operator (AEMO) has revealed that several utility-scale solar PV power plants experienced curtailment of above 25% in the National Electricity Market (NEM) in 2024.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK