buybestinclassgoodwesolarinvertersandwinexcitingprizes

JinkoSolar Q3 Results Increases by High Tiger Neo Output 

0
28
JinkoSolar Q3 Results Increases by High Tiger Neo Output 

Reading Time: 1 minutes

JinkoSolar recently announced its third-quarter shipment and production figures, which will show a recovery from the previous quarter’s slight slowdown, when Tiger Neo production was affected by COVID 19 control measures, together with a sharp increase in profitability for the quarter.

pixon

According to VP Dany Qian, the company has significantly increased Tiger Neo production during Q3 and will build on that growth in 2023 as new factories in Anhui and Zhejiang ramp up output.

Despite lingering supply chain issues and the rising cost of polysilicon, order backlogs for the module  increased substantially, showing 100% growth in shipments compared to Q2.

Qian said her baseline forecast would indicate that n-type Tiger Neo would be responsible for over 50% of total sales in 2023, adding: “The industry is still struggling with supply chain issues, but n-type  demand remains buoyant, with global clients replacing PERC systems with n-type in their pipeline projects for next year.”

Also Read  EKI Launches India’s First Ever INR 1000 Cr Climate Impact Fund to Develop GHG Mitigation Projects in Partnership with ICAM, Singapore

In addition to Tiger Neo’s 25% cell efficiency in mass production, Jinko has also made its flagship product much more cost effective to deliver and install. “This has obviously taken a while to scale up because we needed to be confident that the module’s longevity would exceed its 30 year warranty with minimal degradation,” Qian explained.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.