JinkoSolar has built a vertically integrated solar PV product value chain. As at 31 March 2017, the company had an integrated annual capacity of 5 GW for silicon ingots and wafers, 4 GW for solar cells and 6.5 GW for solar modules. According to the company’s Q1 2017 highlights, total solar PV module shipments were 2,068 MW, up 19.3% from 1,733 MW in Q4 2016 and an increase of 29.3% from 1,600 MW in Q1 2016.
These excellent results undoubtedly contribute to the company’s positive ranking in Latin America, a market in which JinkoSolar aims to achieve 2 GW installed by August 2017. To date, the company enjoys a market share of 41%, a quota that is expected to rise to 50% in 2018.
New projects in Mexico and Colombia
JinkoSolar has supplied its JKM315PP-72-V modules for a large, 35.46 MW solar PV project located in Camargo, Chihuahua (Mexico). A total of 112,885 panels were supplied to the Camargo Solar PV plant that entered into commercial operation last 6 April. The project was undertaken together with its customer Gransolar Desarrollo y Construcción S.L.
35,000 JinkoSolar modules arrived in Colombia for the country’s first PV plant. The owner of the 9.9 MW project is Celsia Solar Yumbo. The plant will be located in an area of 18 ha in the municipality of Yumbo, in the metropolitan area of the city of Cali. With a project investment of US$10.6m, the plant will generate an estimated 16 GW/year.