JinkoSolar: The secret to "leading the way"
In Shanghai SNEC exhibition in May, JinkoSolar is undoubtedly one of the most shining brands. As a highly innovative photovoltaic company in the world, JinkoSolar shines in Shanghai with Tiger Neo series of high-efficiency modules, Jinko Crystal BIPV series products and intelligent solar storage systems.
Not only that, during SNEC, JinkoSolar also announced a piece of information to build the world's largest N-type integrated manufacturing base of 56GW in Shanxi. Qian Jing, vice president of JinkoSolar, and Zhou Chaojie, director of energy storage product manager, explained JinkoSolar's recent industry and product trends in detail at the media meeting, and disclosed the details of this integrated manufacturing base.
Leading photovoltaics for many years
As a global leader in photovoltaics, as of the first quarter of 2023, JinkoSolar's cumulative shipments will exceed 150GW, ranking first in the global market, and it is also the first photovoltaic company in the industry to break through the milestone of 150GW shipments.
At SNEC in 2023, JinkoSolar exhibited a total of five N-type module products, which fit the characteristics of the global household roof market and customer preferences in different regions, and adapt to multiple scenarios. Currently, they have been used in many ground power station projects and Distributed projects.
The new generation of Tiger Neo series 182N-72 modules has a maximum power of 620W and a power generation efficiency of over 23%. The first-year attenuation, linear attenuation and temperature coefficient have been optimized in all aspects. It is expected to achieve mass production in Q1 of 2024.
Qian Jing said at the media meeting: "In 2022, PERC has reached a growth stagnation period. With the strong growth of N-type demand and the accelerated expansion of N-type production in the industry, the N/P iteration speed will be faster than expected. As N-type JinkoSolar, the leader in N-type technology, will successfully mass-produce N-type technology products in 2022, and create excellent output and yield performance."
JinkoSolar's self-developed N-type modules have broken the conversion efficiency record 22 times. The efficiency of the battery laboratory has reached 26.40%, and the mass production efficiency has exceeded 25.40%. Qian Jing said: "Our goal is to increase the mass production efficiency of TOPCon cells to 25.8% by the end of the year, which is a very leading level in the industry.
Not only is the efficiency excellent, the high-efficiency N-type battery independently developed by Jinko has the advantages of "three highs and four lows": high efficiency, high power generation, high bifaciality; low attenuation, low temperature coefficient, low BOS, and low LOCE. In the application of N-type, Jinko has conducted a lot of experiments, combined with the power generation data of the client, it fully supports the power generation gain of at least 3% for N-type modules under the same DC side capacity, and the gain is higher than 3 in practical applications %level. Combined with lower BOS cost, it can bring significant optimization of profit indicators in the economic profit model, bringing a premium of 0.2 yuan/W to modules.
Qian Jing said: "Technology and research and development are the first moats of JinkoSolar, the second is excellent manufacturing capabilities and process capabilities, and the third is the ability to coordinate the upper and lower industrial chains to improve efficiency and yield."
Regarding production capacity, Qian Jing said: "By the end of this year, JinkoSolar will have an N-type production capacity of 55GW. Even in the face of challenges from existing competitors and new competitors, JinkoSolar still has an 18% market share in the global photovoltaic industry." The market share continues to maintain a leading position, especially in the high-end premium market of advanced N-type technology. In 2023, Jinko’s market share is estimated to be 35%-40%, and 60% of the company’s revenue will come from the N-type product line.”
Regarding the future technology direction, Qian Jing said: "From the current technical route, TOPCon still has a long way to go, and its efficiency can reach 27%-28% in the future. Our future route is TOPCon perovskite stack Layer cells, the expected efficiency is about 32%, or even higher."
Jinko's integration looks at Shanxi
At the SNEC exhibition, in addition to the new product debut, Jinko also announced a big news: to build the world's largest N-type integrated manufacturing base with 56GW in Shanxi.
What does this project mean to JinkoSolar, what does it mean to the future competition pattern of the industry, what does it mean to N-type development, and what does it mean to China’s zero-carbon manufacturing and smart manufacturing? Qian Jing, vice president of JinkoSolar, revealed the answer, “For Jinko has clear and even quantified goals for the Shanxi N-type integrated large base project, that is, the five most.”
Highest efficiency: Taking into account both the N-type production center and the proving ground for the mass production transfer of the latest technology, the N-type modules produced in this base will be 0.5% higher than the industry average efficiency, and the power will be one notch higher than that of the same size N-type modules. The performance parameters of the type remain at the forefront. It means that the N-type products produced here represent the highest level of mass production in the world. Qian Jing said: "Concentrating the three integrated links in one base for large-scale production can improve operational and management efficiency."
Optimum cost: The ultimate scale, integration and concentration, and industrial chain settlements combine to achieve the best N-type manufacturing cost in the industry. The N-type modules produced by the Shanxi base will provide customers with very competitive prices. This will also be the wind field that will continue to create the lowest cost of electricity. In the future, the N-type will be priced in Shanxi.
The greenest supply chain: From pulling rods, slices, batteries to components, this will be the world's first zero-carbon vertically integrated industrial chain with the highest percentage of green electricity usage. In the future, the modules produced here will have a QR code, which can trace the carbon footprint data in the production process of the product. The first zero-carbon module will be manufactured by Jinko Shanxi. Qian Jing said: "The local government is supporting us to supply a large proportion of green electricity, which will greatly promote our goal of completing RE100."
ESG benefits the most: After the base is completed and put into operation, it will directly create tens of thousands of job opportunities and high economic output value for the local area. At the same time, through the industrial correlation effect, it will expand and prosper in multiples, which is the embodiment of JinkoSolar's social responsibility. Building factories, building towns, benefiting people, and creating talents.
The strongest delivery capability: not only the digitization of manufacturing and management, the Shanxi base will create end-to-end digitization from order to delivery. Customers can place orders online, designate workshops, order tracking, remote factory inspection, ship schedule arrangement, and acceptance confirmation, all of which can be digitally managed intelligently. In addition to Shanxi's geographical advantages, it is adjacent to the concentrated area of Northwest Power Station projects in the west and conveniently exported to Tianjin Port in the east, which can satisfy both domestic and foreign markets. The goal of the base is to achieve the shortest delivery time, fastest delivery and lowest freight for N-type.
Qian Jing said, "It is these factors that made us decide to put this project in Shanxi."
Photovoltaic storage brings new growth
At this exhibition, JinkoSolar brought a new generation of power storage systems, including industrial and commercial SunGiga and source-grid side SunTera, providing clean energy solutions for different scenarios.
The new generation of large-scale liquid-cooled energy storage system SunTera adopts a standard 20-foot container structure, which has the characteristics of high-efficiency liquid cooling, extreme safety, optimal cost and intelligent operation and maintenance. It can meet the application requirements of different environments and can be flexibly applied to storage in different scenarios. can project.
SunGiga is specially designed for industrial and commercial energy storage. It includes two voltage levels of 1000V and 1500V. It is equipped with string-type modular PCS and supports multi-machine parallel function. The integrated design makes it highly integrated, easy for system expansion, intelligent monitoring to ensure the safety of the battery system, etc., ensuring the safety and reliability of the battery and making it have a longer life.
The three major scenarios of JinkoSolar provide corresponding energy storage products. JinkoSolar's excellent power electronics technology embodies not only technical advantages in energy storage equipment, but also guarantees safety while ensuring economy.
Zhou Chaojie said: "JinkoSolar's positioning for energy storage is as important as photovoltaics. JinkoSolar's positioning for energy storage business is to be a system integrator." Zhou Chaojie revealed the secret of JinkoSolar's success: "As an integrator, you need It is to cooperate well with channel resources, customer resources, and project resources, and at the same time carry out production capacity matrix layout, and integrate all aspects of product competitiveness, service system, delivery, and bankability.”
In the face of a large number of companies entering the energy storage field, how can JinkoSolar maintain a differentiated competitive advantage, Zhou Chaojie said: "One path is self-examination. For example, we have found many differences in temperature control, fire protection design, and security. To improve cost competitiveness and safety; another path is customer investigation, through analyzing the pain points of user feedback, and importing the pain points into product development, developing them into differentiated design points, and enhancing users’ trust in products and brands Spend."
He believes that in the past few years, the energy storage model has become clearer, and the players entering each chain will become more and more concentrated. In order to continue to win, it is particularly important to break the overall industrialization situation. Whether it has an overall supply advantage is a key factor for winning the future energy storage market. Jinko is also considering the layout of the overall industrial chain, so as to reflect its advantages.
Add luster to the building
In addition to photovoltaic and energy storage products, JinkoSolar also brought Jingcai BIPV series products, including roof BIPV products and photovoltaic curtain wall products, so that friends who are concerned about building integrated photovoltaics can appreciate the latest technology of JinkoSolar in Shanghai.
Jinko Jingcai BIPV has the ultimate safety performance, waterproof and windproof, lightning and hailproof, and reaches A-level fire protection. It can be stepped on, easy to install, and hassle-free operation and maintenance. It also provides customers with a 30-year linear power warranty and material warranty, without the need for a second roof replacement, and escorts the entire life cycle. At the same time, Jinko Jingcai BIPV products are paired with N-type modules for efficient power generation, which has the economic advantage of low cost and high profit.
The appearance of Jinko curtain wall series products is neater and more beautiful, and can be customized according to the individual needs of customers, so that photovoltaic products can be more perfectly integrated into different application scenarios, making the building more balanced and unified, with a sense of fashion and beauty. Not only that, the product also has high-efficiency power generation capacity, but also has a strong sense of design and practicality, making it an ideal choice for realizing green buildings.
Building Integrated Photovoltaic (BIPV) is a new type of photovoltaic product that is green, low-carbon and environmentally friendly, and helps building energy conservation. It can greatly enhance the practical value and aesthetic value of buildings, and provide customers with renewable energy and long-term economic benefits.
Calm Jinko
In the era of low-carbon economy, the global new energy industry continues to show a momentum of rapid development. At the media meeting, Qian Jing expressed her views on the photovoltaic capital market: "Capital has never been so passionate about new energy, and it will become even stronger." With the promotion of dual carbon targets and the strong "assistance" of capital, New energy is entering an era of "crazy evolution". But JinkoSolar is always emphasizing "calmness".
Qian Jing said: "Technology iterations are getting faster and faster. The equipment and processes invested today may be outdated production capacity tomorrow. Keep calm, don't go crazy."
JinkoSolar is exactly such a company that has multiple technical moats while remaining calm. It is this calmness that keeps Jinko in the leading position.
