BEIJING, Sept. 15, 2022 /PRNewswire/ — JA Solar has obtained the very best doable AAA score on September 13 when PV Tech launched its PV ModuleTech Bankability Rankings for the third quarter of 2022. The listing noticed JA Solar’s main manufacturing benefits and stable monetary place mirrored in key indicators equivalent to shipments, capability format, expertise format, and monetary efficiency. According to the report, JA Solar is likely one of the most constant A-grade suppliers in phrases of all the important thing metrics for the interval 2014 to 2022.
Steady and balanced business improvement throughout the globe
On August 26, JA Solar launched its 2022 semi-annual report, which exhibits JA Solar’s abroad shipments accounted for 67% in the primary half of 2022. In current years, JA Solar has continued to steadily broaden its worldwide attain, with abroad shipments constantly contributing 60% to 70% of complete shipments. JA Solar has now established full industrial chains at house and overseas respectively primarily based on its 12 manufacturing bases world wide, offering sturdy capability help for its shipments to international markets.
JA Solar’s international market share reached 14% in 2021. Specifically, its share in established markets continued rising, together with Europe at roughly 18% and China at roughly 19%; in rising markets, JA Solar’s share in 2021 scaled to a document excessive of 46% in Pakistan, 58% in Malaysia and roughly 40% in Israel. Moreover, it has additionally discovered new retailers equivalent to Guyana in South America, Sierra Leone in Africa, Tahiti in Oceania, and Uzbekistan in Central Asia, contributing to regular business improvement throughout the globe. As indicated in the PV ModuleTech report, JA Solar will turn out to be extra aggressive in the US market with the development of its international manufacturing format.
A step forward in technology-driven improvement
JA Solar has stored growing its funding in scientific analysis to satisfy the evolving market demand and promote the technological iteration and improve of the trade. As of the primary half of 2022, JA Solar had been granted 1,178 patents for unbiased analysis and improvement. The common conversion effectivity of its mass-produced Percium cells has reached 23.7% and that of n-type cells has reached 25%.
Particularly, the Percium-cell-based DeepBlue 3.0 modules have attracted market-wide consideration across the globe for the reason that first order was shipped in October 2020. By the top of June 2022, cargo of the product had amounted to 24GW. And it has been utilized in key international tasks such because the Beijing Fengtai Railway Station rooftop PV venture, the rooftop PV venture of the UN Compound in Beijing, the world’s largest built-in source-grid-load-storage venture in Ulanqab, Inner Mongolia, and the Uivermeertjes floating PV venture in the Netherlands which is the second largest floating PV park exterior of Asia.
In May 2022, JA Solar launched the n-type cell-based DeepBlue 4.0 X module, which boasts a cell conversion effectivity of 25% and a most energy of 625W. Compared with mainstream p-type modules, DeepBlue 4.0 X can scale back steadiness of system (BoS) prices by as much as round 2.1% and levelized value of electrical energy (LCOE) prices by 3.5%-5%, which might additional improve the profitability of tasks and create higher worth for patrons. JA Solar’s n-type cell capability is anticipated to exceed 27GW by 2023, making it one of many first enterprises to develop n-type cells and put them into manufacturing.
JA Solar can be selling clever manufacturing by accelerating digital transformation. During the manufacturing course of, it has achieved meticulous high quality management making certain high quality is stored on a brief leash by it 24-hour real-time detection and computerized warning system. Taking JA Solar Yiwu manufacturing base for example, JA Solar realizes digital intelligence throughout the entire course of from planning and manufacturing to logistics, enabling “visibility of the 7-day delivery process” of an order and making certain exact management of manufacturing effectivity and product high quality.
Continued high-quality progress with a sound monetary place
The semi-annual report exhibits that in the primary half of 2022, JA Solar recorded a income of RMB28.469 billion, representing a rise of 75.81% yr on yr, and a web revenue of RMB1.702 billion attributable to shareholders of the listed firm, representing a rise of 138.64% over the identical interval of the earlier yr, displaying an excellent efficiency in the expansion of working income and web revenue. Moreover, the module cargo in the primary half of 2022 achieved a rise of greater than 50% (increased than the trade common) over the identical interval of the earlier yr.
JA Solar has additionally been widely known for its stable efficiency inside and out of doors the trade. To date, JA Solar has repeatedly been listed in the Global Top 500 New Energy Enterprises, Fortune China 500, China’s Top 500 Private Enterprises, China’s Top 500 Private Manufacturers, amongst others, and its rankings proceed to climb.
