JA Solar ships around 20 GW in the 1st half of 2022

At the beginning of the year alone, the photovoltaic module manufacturer exported more than 15 GW
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Canal Solar JA Solar embarca cerca de 20 GW no 1º semestre de 2022
Factories located in Yunnan Qujing and Yangzhou have 10 GW of production capacity

The manufacturer JA Solar estimates reaching a production capacity of 50 GW in 2023, approximately 50% for N-type modules. And, by the end of this year, the company hopes to reach the amount exceeding 40 GW in annual module shipments and obtain between 1.6 billion and 1.8 billion yuan in net profit.

In the first half of this year, the company's module shipments increased significantly compared to the previous year, with shipments of nearly 20 GW. Furthermore, the manufacturer registered net profit of 1.68 billion yuan.

According to the company, the 1.3 GW capacity of N-type modules should start production at the end of this year, and should reach at least 5 GW of modules before Chinese New Year, starting January 22, 2023. Still for N-type, the factories located in Yunnan Qujing and Yangzhou have 10 GW of production capacity and capacity is expected to reach 26 GW next year.

JA Solar expands portfolio with 580 W photovoltaic modules

Module shipments

In the second quarter, the company shipped more than 9 GW. According to the ranking of module shipments in the first half of the year, JA Solar's module shipments were approximately 20 GW, ranking second.

European market heating up demand

According to JA Solar, in the second quarter of 2022 the majority of orders came from the European photovoltaic market, with strong demand. The manufacturer attributes the increase to energy shortages in Europe and the sharp increase in energy tariff prices.

At the same time, given the strong development of energy storage in the European market, the company is actively promoting energy storage agreements, and has established joint ventures with partners to jointly promote energy storage products, first launched in the second half of the year.

Picture of Ericka Araújo
Ericka Araújo
Head of journalism at Canal Solar. Presenter of Papo Solar. Since 2020, it has been following the photovoltaic market. He has experience in podcast production, interview programs and writing journalistic articles. In 2019, he received the 2019 Tropical Journalist Award from SBMT and the FEAC Journalism Award.

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