Jinergy Achieved Mass Production of Fair-price 270W High Efficiency Modules
Jinneng Clean Energy Technology Limited ( hereinafter referred to as "Jinergy" ) announced that the average efficiency of its mass production high efficiency polycrystalline solar cells had reached 18.45%, and the beginning of mass production of 270W polycrystalline modules , which reached the standard set at 16.5% by the "Frontrunner" Plan of the National Energy Administration.
"We are very proud to share our latest achivements, which help us bring more clean solar energy to thousands of households." Said Dr. Yang Liyou, the General Manager of Jinergy, "With the efforts from our technical team and the trust and support from our partners, we have achieved mass production of polycrystalline modules with an output power of 270W. The average mass production effeciency of the cells is 18.45% and their highest efficiceny is 18.84%."
Jinergy has built a factory with annual production capacity of 500MW solar cells and 600MW solar modules, and the efficiency of its polycrystalline cells had reached more than 18% on average at the beginning of production September 2014. It's estimated that mass production of polycrystalline cells with an average efficiency of 19% will be achieved in 2016.
With the advantage of a world-leading R&D, operation management team comprising of specialists recruited by "The Recruitment Program of Global Experts", PhDs returned from U.S.A. and domestic talents in photovoltaic profession and through accurate technical route planning, optimized capacity allocation and efficient operation management, the company planned to built a world's top 5% most technically- and cost-competent cell and module manufacturing base.
Dr Yang Liyou said, "In the future, we will maintain our core competence of the most cost-effective cells and modules and be a good 'Frontrunner' of the industry through continual technical innovation, lean control of production as well as introduction of the latest equipment."
According to the PV "Frontrunner" special plan mentioned in Opinions on Exploiting Market Effect to Promote Progress of PV Technology and Industrial Upgrading ( Draft for Comment ) issued by the National Energy Administration in February, the conversion efficiency of polycrystalline solar modules produced by advanced "Frontrunner" should reach over 16.5% in 2015.
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 equipments 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.
