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Recently, Mr. YANG Liyou, General Manager of Jinneng Clean Energy Technology Co., Ltd. (hereinafter referred to as "Jinergy" or the “Company") accepted a CBN exclusive interview on the topic of N-type heterojunction (HJT). The two sides had in-depth exchanges on the future trend of industrial technology development and cost reduction routes. Mr. YANG said, “The era of N-type industrialization has arrived. It has become a consensus in the industry to take N-type products as the main production expansion for new projects. It is expected that the market share of N-type products will exceed 50% in 2-3 years. HJT has obvious advantages in conversion efficiency, which is expected to enhance market competitiveness through production equipment optimization and cost reduction, thus accelerating N-type share growth.”

Follow Strategy of Technology Iterations and Industrialize Advanced Technology

Since its establishment, Jinergy has been promoting the sound development of photovoltaic (PV) industry through high-end technology and intelligent manufacturing based on the strategic layout of technology iteration and industrialization of advanced technology. Mr. YANG said that in the future, the market share of N-type products would increase, and Jinergy would gradually expand the proportion of N-type products.
As one of the earliest photovoltaic enterprises in the People’s Republic of China to achieve HJT mass production, Jinergy has profound technology accumulation in the field of N-type HJT and diversified product ecosystem, which has comprehensively covered household use, industrial and commercial distributed and large-scale above-ground power station applications. And it has upgraded product solutions for various special application environments. The development experience of Jinergy Design Series of products will also enable the commercialization of more technologies and the diversification of products for more application scenarios.
With the support of high-quality products and the brand strength of a state-owned enterprise, Jinergy modules have been exported to more than 40 countries and regions, building a global business development system and winning the trust of customers at home and abroad. In the recently released BNEF ranking of global PV module manufacturers for Q4 of 2022, Jinergy continued to rank in the Tier 1(Tier 1 PV module manufacturers) , which helped the Company’s sales again climb the peak!
Tier 1 is a rating system developed by BNEF for global PV module manufacturing suppliers. Among the three ranks, Tier 1 manufacturer is the highest rank, indicating that the company’s overall competitiveness is leading, such as product quality and comprehensive strength. It is an important judgment basis for attracting investment in global PV projects, and has a great beneficial effect on the follow-up global development of Jinergy.

HJT Investment Track is Flourishing and Cost Pressures Are Expected to Ease

N-type mainly refers to TOPCon and HJT cell technology. With the comprehensive benefits of P-type PERC cells approaching the upper limit, the comprehensive advantages of HJT are more attractive to leading manufacturers and new players in the industry. HUASUN, AKCOME, Risen Energy, Baoxin, GS Solar, Golden Glass Technology and other industry chain players have increased HJT expansion output. Longi also recently announced a new high HJT conversion efficiency. Predictably, the popularity of HJT investment may bring new opportunities for technology development and equipment cost reduction. In response, Mr. YANG said:
“HJT has obvious advantages in conversion efficiency and module power. The cost has been reduced to be competitive, and the market acceptance is relatively high. After several years of preparation, I believe that the whole industry, whether in the market end or in the product manufacturing end, has been equipped with a comprehensive transformation to the N-type technology iteration pass. The next stage of breakthrough mainly focuses on the cost. However, from the perspective of equipment, the initial investment scale of HJT production equipment is relatively high compared to that of PERC and TOPCon. If there is no major breakthrough in this sector, the pressure on manufacturing companies will be huge.”
Jinergy started to comprehensively plan the localization of the whole production line of equipment in 2019, and was committed to getting rid of the industrial pain point of equipment dependence on imports. A year later, Jinergy’s PV technology team cooperated with China Electronics Technology Group Corporation (CETC) and other units to complete the development of the first HJT large-capacity PVD equipment in China. In 2021, Jinergy and Yingkou Jinchen Machinery Co., Ltd. cooperated to develop large-capacity PECVD equipment applied in the production of HJT cells, which successfully broke the technical bottleneck of large-size process cavity at the product manufacturing end, promoted the process of equipment localization with practical actions, and contributed to relieving the production cost pressure of layout enterprises.
In the face of the critical period of N-type iteration in the industry, Jinergy is fully prepared to make multi-dimensional efforts in technology, products and business, and take the opportunity of N-type development to achieve energy transition.