Jinergy signed a supply agreement for 20MW Dual Glass Modules with Xinyi Solar
Jinneng Clean Energy Technology Limited ( hereinafter referred to as "JINERGY" ) recently announced that it had signed a supply agreement for 20MW dual glass modules with Xinyi Solar Holdings Limited ( hereinafter referred to as "Xinyi" ). It shows that following the launching of fair-price high efficiency modules, Jinergy's dual glass modules are also widely accepted by clients.
"We are very pleased that we have chosen Jinergy, who is capable of stable supply of cost-effective products, to be our partner. Jinergy can provide us with high-quality dual-glass modules, which will help us reduce the construction and operating costs as well as increasing the returns of power plants. Besides, we will communicate and cooperate in product and project development in the future. I believe that our cooperation will grow stronger in the future.", said Mr. Li Youqing, executive director of Xinyi.
The supply agreement of 20MW dual-glass modules include solar modules of two power grades, 255W and 260W, which will be used in Xinyi's solar power plants in Anhui Province.
The general manager of Jinergy, Dr. Yang Liyou said, "We are very honored to cooperate with Xinyi. This transparent dual-glass module is our latest product, which is characterized by its outstanding performance of subfissure-resistance and low degradation while maintaining the output power. The module is wrapped with POE and has a lifetime of 30 years. Comparing to regular products on the market, our dual-glass modules have a longer service life, better weatherablity and are suitable for all kinds of complicated installation conditions. The launching of such new products is also consistent with the general trend of diversification and differentiation of PV products. In the future, we will continuously develop new technologies, promote industrialization, provide more cost-effective products to our clients and push the manufacturing upgrading of the industry forward; and also we will provide end-users with excellent solutions and promote the energy structure transition.
About Jinneng Group
Co-funded by the provincial and 11 municipal State-Owned Assets Supervision and Administration Commissions, Jinneng Group was officially founded through merger and reorganization of the former Shanxi Coal Transportation and Sales Group Co., Ltd. and Shanxi International Electricity Group Limited Company. It's a modern comprehensive energy group that combines various business units such as coal production, electricity, gas, new energy, trade logistics and diversified industry into one.
In 2014, the group achieved a revenue of 192.81 billion yuan, a total assets of 198.777 billion yuan, a coal production of 70.31 million tons, an electricity output of 12.176 billion kilowatt-hours, an electricity sales of 6.84 billion kilowatt-hours, a profits tax of 6.859 billion yuan and a profit of 660 million yuan, which put it in the first place among all provincial state-owned enterprises. And its ranking also rose to No. 309 among the Fortune Global 500 list.
The group strives to develop PV- and wind power-based new energy power stations in the clean energy division with the purpose of providing clean energy sources for social and economic development. It's estimated that it will achieve 1.5 million kilowatts of installed capacity of new energy, which shall account for 10% of all installed power-generation capacity of the group by the end of the "12th Five-Year Plan".
About Jinneng Clean Energy Technology Limited
Founded on December 31st, 2013, Jinneng Clean Energy Technology Limited is a member of the clean energy division affiliated to Jinneng Group. It's committed to become the world's leading PV manufacturer and clean energy supplier and it now owns a manufacturing base with an annual capacity of 500MW solar cells and 600MW solar modules. In the meantime, the company has successfully introduced a world-leading R&D and operation management team comprising of specialists from "The Recruitment Program of Global Experts", PhDs returned from U.S.A. and domestic talents specialized in PV area. It has already established one of the most technically- and cost-competent outputs of cells and modules that could edge into the world's top 5% based on accurate technology road mapping, high-efficient operation management.
The company has set its goal of becoming the world's most competitive PV manufacturer. It make plans by targeting the most advanced mass-produced PV manufacturing technology in the world with its key processing equipment leading the world's average by 1~2 generations and over half of its equipment are used in large-scale production in China for the first time; achieve total automation in the cell and module workshops and reduce its work force to a third of the industry average.
