JA Solar verifies new US$ 552m investment in fresh round of capacity developments

Feb 17, 2022 11:19 AM ET
  • Solar Module Super League (SMSL) member JA Solar is once more boldy expanding its production capacity, revealing a new RMB3.5 billion (US$ 552 million) investment programme for new centers.
JA Solar verifies new US$ 552m investment in fresh round of capacity developments
Image: JA Solar

Late recently, JA Solar claimed it means to increase the firm's incorporated capacity. New projects include 2.5 GW of silicon wafer manufacturing capacity in Vietnam, 1.3 GW of high-efficiency cell manufacturing capacity in Ningjin, Hebei province, China and also 10GW of module auxiliary product manufacturing in Yiwu, China.

The investment programme, which also consists of the building of a 200MW energy storage center in Tuquan, China, is to set you back a total amount of RMB3.455 billion.

On 8 February 2022, JA Solar said throughout a financier call that it presently has wafer manufacturing capacity of 1.5 GW and also module assembly capacity of 3.5 GW in Vietnam. An additional 3.5 GW of cell manufacturing capacity stays under construction, which is anticipated to be taken into manufacturing in the very first fifty percent of 2022. There is in addition 1.5 GW of cell capacity in Malaysia.

According to the strategy, the company will certainly continue to raise abroad combination capacity.

JA Solar claimed in November last year that it was actively preparing a pilot line of high-efficiency heterojunction cells, with test manufacturing scheduled for late this year or very early next year. A TOPCon pilot line remains in test manufacturing, as well as is expected to continue to expand in range in preparation for large production.

Since 2021, JA Solar has actually expanded its manufacturing capacity strongly, investing RMB10 billion to establish 16GW of manufacturing centers in Yangzhou, China; RMB5 billion in a 20GW silicon crystal drawing as well as slicing project in Baotou, China; RMB3.2 billion in additional centers in Qujing, China, and a further RMB10 billion in the building of a production base in Chaoyang.

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