JA Solar targeting 16GW of module shipments in 2020 as production capacity ramps

Facebook
Twitter
LinkedIn
Reddit
Email
JA Solar surpassed 10GW of PV module shipments in 2019 for the first time, while targeting further growth of 16GW of shipments in 2020.  Image: JA Solar

‘Solar Module Super League’ (SMSL) member JA Solar surpassed 10GW of PV module shipments in 2019 for the first time, while targeting further growth of 16GW of shipments in 2020. 

The SMSL has reported full year financial results having returned to the Chinese stock market via a small cap takeover. 

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

JA Solar reported full year 2019 revenue of approximately RMB 19.6 billion (US$2.982 billion), up 7.67% from the prior year but has not yet surpassed record revenue set in 2017 when listed on NASDAQ. This is mainly due to ASP pressure as module shipments have increased year-on-year.

JA Solar reported full year 2019 revenue of approximately RMB 19.6 billion (US$2.982 billion).

Net profit attributable to shareholders was RMB 1.252 billion (US$176.4 million) a year-on-year increase of 74.09%. 

Net profit attributable to shareholders was RMB 1.252 billion (US$176.4 million) a year-on-year increase of 74.09%.

PV shipments in 2019 were reported to be 10,260MW, a record annual shipment figure and the first time the company had surpassed the 10GW milestone of annual shipments and the second only SMSL to have surpassed the milestone to date for 2019 financial reporting. 

PV module shipments year-on-year increase was 27.26%, with overseas module shipments of 7.55GW, a year-on-year increase of 55.35%.

PV module shipments year-on-year increase was 27.26%, with overseas module shipments of 7.55GW, a year-on-year increase of 55.35%.

Manufacturing update

JA Solar said that at the end of 2019, wafer capacity stood at 11.5GW, solar cell capacity stood at 11GW, and a module assembly capacity had reached 11GW.

JA Solar has already announced significant capacity expansion plans for 2020 onwards, which includes 10GW of high-efficiency solar cell and module assembly capacity in a four-phased, multi-year expansion. The company also has plans for major mono solar cell technology upgrades totaling 3.6GW at its facilities in Xingtai City, Hebei Province, China. 

The company is projecting PV module capacity to exceed 16GW in 2020, while targeting 16GW of module shipments. Wafer and solar cell capacity are expected reach around 13GW by the end of 2020, according to PV Tech’s analysis.

JA Solar said that at the end of 2019, wafer capacity stood at 11.5GW, solar cell capacity stood at 11GW, and a module assembly capacity had reached 11GW.
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

June 24, 2025
Western Australia’s Lithium Universe has secured the commercial rights for a solar PV module recycling technology known as Microwave Joule Heating Technology (MJHT).
June 23, 2025
China notched up close to 100GW of new PV in May, in the processes surpassing a terawatt of cumulative installed capacity, figures show.
June 19, 2025
The China Enterprise Bankruptcy and Reorganization Case Information Network has published a notice regarding creditor claims for Suntech.
June 19, 2025
Australia-based solar PV module manufacturer Tindo Solar has inked a 15MW solar PV module supply agreement with Vietnam.
June 18, 2025
The solar manufacturing and module purchasing community met in Napa to answer the question of 'what next?' for module supply in uncertain times.
June 18, 2025
The US Senate Finance Committee draft bill is a “stake in the heart” of US solar manufacturing, according to Democrat senator, Ron Wyden.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico