JinkoSolar Holding Corporation Limited has won a tender for up to 1.85 GW of high efficiency solar modules from China Petroleum Engineering and Construction Corporation (CPECC), a China National Petroleum Corporation (CNPC) affiliated company specialising in project engineering and construction. This is CNPC’s largest-ever solar module purchase. The modules will have N-type TOPCon technology and are expected to arrive in China in 2022 to support CNPC’s solar expansion plans.
In September 2021, Jinko Solar Limited decided to invest $500 million in Vietnam’s Qung Ninh Province to establish a monocrystalline ingot and wafer production facility. The project is expected to have a 7 GW annual capacity. This was the first PV project launched in the Qung Yên Coastal Economic Zone of Qung Ninh Province. This project obtained local government clearance in early 2021 and is scheduled to open in the first quarter of 2022.
Jinko Solar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. As of June 2021, Jinko Solar had developed a vertically integrated solar product value chain with a yearly capacity of 27 GW for mono wafers, 12 GW for solar cells, and 31 GW for solar modules.
REGlobal’s Views: JinkoSolar is one of the leading solar manufacturers worldwide with a massive market share. This latest order for 1.85 GW of solar modules will help the company to further increase its total shipment for the year.