As of the end of 2024, JinkoSolar's planned production capacity for silicon wafers, cells, and modules are 120GW, 110GW, and 130GW respectively. "We expect our N-type production capacity to exceed 100GW by the end of 2024," said Qian Jing. JinkoSolar's 2GW module capacity at its US factory is currently in production, and "we are still keeping an eye on whether to expand production in the future," Qian Jing added.
"Star Daily" news on June 27 (Reporter: Zeng Le). Currently, as one of the main development directions of photovoltaic cutting-edge technology, N-type TOPCon occupies a dominant position in the market due to its high theoretical conversion efficiency, performance and cost advantages.
JinkoSolar is one of the earliest companies in the industry to promote the commercial application of N-type TOPCon technology. Faced with the strongest internal competition in the history of the photovoltaic industry, as well as the pressure on prices and profits of the photovoltaic industry chain, how to continue to maintain its market position in the outbreak of N-type products has become an important challenge for it.
Recently, JinkoSolar's Vice President Qian Jing accepted an interview with "Star Daily" and other reporters.
Qian Jing said that the company's shipment target for this year is 100-110GW, and the order acceptance rate has reached about 80%-90%. "We are preparing for next year's orders. Under the industry cycle, in addition to technology and products, the company's market-oriented ability, brand influence, customer stickiness/relationships are also very important."
By the end of 2024, JinkoSolar's silicon wafer, battery, and component planned corresponding production capacity are 120GW, 110GW, and 130GW. "By the end of 2024, we expect N-type production capacity to exceed 100GW."
Qian Jing believes that for enterprises, the key to the current intense market competition lies in product strength and market-oriented ability. At present, the cost difference between companies mainly comes from two factors: one is the start-up rate; the other is the yield of N-type.
In terms of research and development progress, on May 30th this year, JinkoSolar announced that the company's conversion efficiency of perovskite stacked solar cells based on N-type TOPCon has reached 33.24%.
But at the same time, Qian Jing said: "There are still many problems to be solved to achieve the mass production of perovskite. Specifically, such as the stability of materials, the maturity of industrialization, the completeness of the industrial chain, etc."
In terms of overseas markets, Qian Jing said that JinkoSolar's 2GW component production capacity in the United States has been put into production. "We are still paying continuous attention to whether to expand production in the future."
At present, the prices of products in multiple links of the photovoltaic industry chain are still fluctuating, and the overall profitability of the industry is under pressure. Du Jiaen, a photovoltaic analyst at New Energy Research Institution InfoLink, said, "The silicon wafer and battery links are facing serious losses, and the overall profitability of the industry is at a low level. Industry capacity expansion is irrational, and the prices of the four links are in the bottom section."
According to data from the Silicon Industry Branch on June 26th, the transaction price range of domestic N-type rod silicon last week was 39,000-42,000 yuan/ton, and the average transaction price was 40,000 yuan/ton, a decrease of 0.25% month-on-month; the transaction price range of single crystal dense material was 34,000-39,000 yuan/ton, and the average transaction price was 34,600 yuan/ton, a decrease of 6.23% compared with the first two quotations.
According to analysis from the Silicon Industry Branch, the price of polysilicon has been lowered again this week due to the market supply-demand mismatch and the low downstream operating rate."In terms of price, the downstream operating rate of polysilicon is still low, and the demand for photovoltaic cell modules is low, and the price continues to decline and is constantly transmitted to the upstream silicon wafer and silicon material links. Short-term pressure is expected to remain on polysilicon prices."
Regarding the follow-up price trend of the photovoltaic industry chain, Qian Jing said: "The current price is almost bottomed, and now the entire industry chain has very few (companies) that can achieve profitability. Even if they can achieve profitability, it is very meager. If lower than the current level, it will not be sustainable. Of course, it cannot be ruled out that some (companies) are desperately fighting and releasing lower prices. It is expected that the overall price of the industry chain can stop falling and rebound slightly in Q3 and Q4 this year."