JinkoSolar stated it recorded CNY 47.251 billion ($6.6 billion) in income and a CNY 1.2 billion internet revenue within the first half of 2024, whereas Longi’s income fell to CNY 38.529 billion within the January-June interval, with a internet lack of CNY 5.243 billion. .
JinkoSolar stated it recorded CNY 47.251 billion in income within the first half of 2024 and a internet revenue attributable to shareholders of CNY 1.2 billion, down 68.77% year-on-year. It shipped 43.8 GW of PV modules, together with 35.9 GW of n-type modules, bringing cumulative n-type shipments to greater than 100 GW. It stated it expects third-quarter shipments of 23 GW to 25 GW and stays assured of reaching its full-year goal of 100 GW to 110 GW. By the tip of 2024, it’s anticipated to be 120 GW for monocrystalline wafer capability, 95 GW of photo voltaic cells, and 130 GW of PV modules.
LONG reported CNY 38.529 billion in income for the primary half of the 12 months, down 40.4% from the primary six months of 2023. It posted a internet lack of CNY 5.243 billion, reversing final 12 months’s income of CNY 9.18 billion . The firm shipped 44.44 GW of silicon wafers, 2.66 GW of cells, and 31.34 GW of PV modules. It stated it expects its HPBC 2.0 product to start mass manufacturing by the tip of 2024, with back-contact capability reaching 70 GW by the tip of 2025. Longi additionally unveiled a brand new 5 GW module plant within the United States, which helps its North American. operations.
Trina Solar recorded CNY 42.968 billion in income for the primary half of 2024 – a 12.99% year-on-year lower. Net revenue attributable to shareholders fell 85.14% to CNY 526 million. The firm has shipped 34 GW of modules and 1.7 GWh of power storage programs. It says it’s specializing in its n-type tunnel oxide passivated contact (TOPCon) tech, with capability anticipated to hit 55 GW for silicon wafers, 105 GW for cells, and 120 GW for modules on the finish of this 12 months.
The State Power Investment Corp. (SPIC) introduced the 51st and 52nd centralized procurement rounds for 2024, together with 12.5 GW of PV modules and 12.5 GW of inverters. The module procurement spherical consists of 100 MW of p-type 182, 7.1 GW of n-type 182, 4.3 GW of n-type 210, and 1 GW of PV modules with greater than 22.6% effectivity. The inverter procurement spherical consists of 8.75 GW of string inverters, 2.5 GW of central inverters, and 1.25 GW of distributed inverters below 150 kW.
Guangdong Hydropower Group invested in two PV initiatives. One is a 398 MW ground-mounted mission in Shaoguan, Guangdong province, with a DC capability of 465.5 MWp and an AC capability of 395 MW. The funding is price CNY 1.85 billion. Another mission is the 300 MW centralized PV mission in Lanzhou New Area, Gansu province, with a CNY 838.66 million funding. The initiatives are scheduled to be accomplished and linked to the grid inside 12 months, with a goal of commissioning in 2025.
New Golden Solar Energy stated it recorded gross sales of CNY 127.48 million within the first half, down from CNY 155.52 million final 12 months, and a internet lack of CNY 158.18 million. It attributed the lower in gross sales to cost competitors for orders and a short lived lower in gross sales quantity because of the improve of heterojunction manufacturing traces for high-efficiency, back-contact PV merchandise. .
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