JA Solar forecasting for 2022 module shipments up to 40GW in the middle of n-type cell expansion

• JA Solar is forecasting to ship as high as 40GW of modules this year as it anticipates its n-type cell capacity expansion to deliver next year.

The incorporated solar maker disclosed late last week that it anticipates to more-than-double web revenue for H1 2022, rising to a series of RMB1.6-- 1.8 billion (US$ xx million) on the back of rising orders.

JA exposed it had actually delivered around 16GW of modules in the first half of this year, with deliveries for the full year currently expected to fall in the 35-- 40GW range. It associated the solid efficiency in the 2nd quarter to rising demand in Europe which has actually kept a greater resistance for dramatically raising PV module prices as power prices on the continent remain to rise.

However the quarter was not without its challenges, especially the much-documented increase in upstream prices and also a shortage of quartz that has even more exacerbated supply chain restrictions, JA stated.

This, consequently, impacted on the success of module sales, JA said. The impact of resources pricing, a lag between the distribution rate and existing market order price as well as the requirement for JA to purchase cells from third-party providers for module assembly all added in the direction of hard trading problems.

While JA claimed it anticipates rates to alleviate in the second half of the year, the producer is also remaining to bring more cell production capacity in house with most of this currently being n-type.

A 1.3 GW n-type cell center is anticipated to be taken into manufacturing by the end of August, while an additional 5GW of n-type cell capacity is slated to come right into production around China's Spring Festival.

Two 10GW cell projects aligned for Qujing and also Yangzhou are additionally anticipated to find into production next year, taking JA's n-type cell capacity to around 26GW.

On the other hand JA Solar also expects to develop a vertically incorporated solar supply chain in Southeast Asia with capacity for around 4GW.