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Manufacturer JA Solar achieved operating revenue of RMB 49.323 billion (US$ 6.8 billion) from January to September 2022, an increase of 89% from the previous year. The company's financial results were released this week by the company.
Also according to the financial statement, the company's net profit was RMB 3.29 billion (US$ 450 million), 150% higher than that recorded in 2021.
Another high recorded by the company was the net profit after deducting non-recurring gains and losses, which was RMB 3.24 billion, an increase of 200% from the previous year.
Regarding global shipments of cells and modules, JA Solar recorded, from January to September this year, an amount of 27.10 GW (including 352.20 MW for its own use). This volume represents an increase of 68% compared to 2021.
According to the manufacturer, the increases recorded are due to the improvement in sales efforts, the implementation of new production capacity constructions and the optimization of its supply chain management.
N Type Modules
Aiming to meet the demand for solar panels, JA Solar has been increasing, throughout this year, its production capacity for high-efficiency N-type photovoltaic modules.
The manufacturer has several plants, which operate both in the manufacture of cells and photovoltaic modules, and the main ones for type N manufacturing are:
- Cell manufacturing in Baotou. Capacity: 20 GW;
- Cell manufacturing in Vietnam. Capacity: 2.5 GW;
- Cell manufacturing in Vietnam. Capacity: 2.5 GW;
- Cell manufacturing in NingJin. Capacity: 6 GW;
- Cell manufacturing in NingJin. Capacity: 5 GW;
- Cell manufacturing in Yangzhou. Capacity: 10 GW;
- Cell manufacturing in Qujing. Capacity: 10 GW;
- Module manufacturing in Qujing. Capacity: 5 GW;
- Module manufacturing in Xingtai. Capacity: 5 GW;
- Module manufacturing in Xingtai. Capacity: 11 GW.
The manufacturer launched DeepBlue 4.0X, a new generation of commercially manufactured N-type high-efficiency modules for the global market. According to JA Solar, these panels adopt high-efficiency N-type Bycium+ cell technology, with first shipments in December 2022.
