JinkoSolar, one of the world’s largest and most innovative solar module manufacturers, is expanding its high-efficiency mono wafer production capacity at its production facility in Leshan, Sichuan Province, with an additional 5 GW, the company has announced.
JinkoSolar’s mono wafer production capacity is expected to expand to 18 GW once phase two of the capacity expansion is complete. Full production of the additional 5 GW of production capacity is expected to begin during the second quarter of 2020, it announced.
Phase One of the capacity expansion project began production in the second quarter of 2019 and has already reached full capacity, JinkoSolar noted in the statement.
Kangping Chen, Chief Executive Officer of JinkoSolar, commented: “With this added capacity, we will be ideally positioned to benefit from the growth opportunities that strong demand for high-efficiency mono products are creating. Rapidly expanding capacity for mono products will enhance the overall integration of our production and significantly improve overall profitability going forward.”