In 2022, the intensifying competition for size is gradually being replaced by the competition for battery routes. As a new generation of battery technology to relay PERC, N-type technology has high hopes. When choosing a production line, most companies wait and see or bet on both sides. In stark contrast, Jinko’s 16GW battery module production capacity has successively landed, taking the lead in carrying the N-type banner. Behind its decisiveness, it is not only a signal that it has been dormant for two years to regain energy, but also shows a technology-based enterprise’s “obsessedness” to seize the high ground of technological innovation competition.
In fact, the reason why Jinko has always been able to lead the development of the photovoltaic industry is that in the choice of technical routes, Jinko has always moved towards the correct technical route from the perspective of improving conversion efficiency and improving long-term profitability of customers.
In October 2021, JinkoSolar’s N-type cell conversion efficiency set a world record for the fourth time within a year, reaching 25.4%, and then quickly launched its industrial layout. In November of the same year, the new TigerNeo with N-type technology was launched globally. Rapid implementation of mass production. A few days ago, the 8GW capacity of Jinko Hefei Plant has been successfully put into production, and the 8GW capacity of the first phase of Jianshan Plant is about to be put into mass production. In addition to shocking the industry at its speed, it also allows the industry to re-examine and recognize the potential and development space of N-type technology.
“Currently, N-type technology has the strength to take over PERC and will become the new mainstream in the market, and the end market also shows concern and positive acceptance of the new battery technology,” said Jing Qian, vice president of JinkoSolar.
The recent bidding and centralized procurement of central state-owned enterprises also supports this point of view. On February 14, CNNC Huineng issued a centralized procurement bidding announcement. One of the bidding sections clearly required the product specification to be “N-type monocrystalline 555Wp and above double-sided double-glass modules”. , the scale is about 0.7-1GW.
From the perspective of Jinko’s development history, every breakthrough technological change and innovation is not a gamble, but a comprehensive industry trend and market based on a lot of research and experiments. The most forward-looking choice made after the demand, this time is no exception.
“In terms of various cutting-edge technology routes for N-type batteries, the Jinko team has done technical reserves and research, and believes that N-type is relatively more advantageous in terms of investment cost, production efficiency, and yield. In the next two or three years, N-type TigerNeo It will become mainstream,” said Zang Pengfei, general manager of JinkoSolar Technical Service Center.
From this, it can be seen that Jinko’s choice of N-type is the result of comprehensive considerations such as its own technology R&D accumulation, mass production cost, and technology accessibility. It is expected that in the future, after the rapid mass production of Jinko TigerNeo products, it can form a first-mover advantage compared with other camps, accumulate power station data earlier, and use market feedback and double signing of orders to support production capacity plans, and then form a shop. open acceleration.
“The theoretical limit efficiency of TOPCon is 28.4%. At present, it has reached 25.4% at the laboratory level. With the upgrading of mass production technology in the future, the efficiency will inevitably rise further. At the same time, TOPCon technology can be combined with other stacked battery technologies. In theory, The efficiency can reach more than 30%. As a platform technology, Topcon technology can provide more possibilities for future efficiency increase.” Zang Pengfei added.
It is worth noting that the N-type TigerNeo has obvious advantages over other routes in terms of cost, whether it is from the maturity of the process or from the cost of equipment. In the industry, in addition to Jinko, giants such as LONGi, JA Solar and Canadian Solar have all regarded TOPCon technology as the first choice for the next-generation battery technology.
The N-type storm will sweep the photovoltaic market strongly. According to the forecast of China’s photovoltaic industry, the proportion of N-type cells (TOPCon and HJT) is expected to increase from 3% to 13.4% in 2022, and TOPCon cells will be released faster, and the production capacity by the end of 2022 is expected to exceed 35GW, HJT over 13GW.
In the history of human development, every technological progress is inevitably accompanied by the rewriting of the “old” pattern. After two years of dormancy in 2020 and 2021, Jinko is ready to “take off” again, and has led the industry’s N-type upgrade, which is officially a signal for Jinko to regain its strength.
With JinkoSolar landing on the Science and Technology Innovation Board, its last financing shortcoming in the capital market has also been made up, and JinkoSolar has the strength to expand its territory and exert its strengths on a larger scale. Qian Jing said: “Under the triple forces of capital blessing, production capacity scale, and industry-leading mass production new technologies, Jinko has the strength to make another effort, especially in the domestic market, and we will definitely not miss it again.”
At the same time, the initial results in the vertical integration layout have further enhanced Jinko’s ability to resist risks. JinkoSolar said: It is expected that by the end of 2021, the annual production capacity of Jinko’s integrated monocrystalline silicon wafers, cells and modules will reach 32.5GW, 24GW and 45GW respectively. Such a balanced layout will further ensure the relative stability of product shipments and cost control. , which improves Jinko’s bargaining power and comprehensive competitiveness in the industry.
In addition, the in-depth layout of vertical integration construction has also accelerated the transformation of Jinko’s technological achievements in the field of technological innovation. Qian Jing added: “If Jinko does not produce batteries, Jinko’s iterations in battery technology will always be controlled by others. World records and technical achievements of efficiency limits can only become data in the laboratory and display in the exhibition hall, and cannot be formed. Mass production becomes a product, and the original intention of R&D is lost.”
It is worth noting that vertical integration is also seen by Jinko as an amplifier of TigerNeo’s strengths. In Qian Jing’s view, obtaining a world record is not the most difficult thing. The most difficult thing is to achieve mass production of a world record. Topcon and PERC have different technical requirements and technical specifications in terms of process and process. Integration can bring technology iteration, quality assurance and cost control. From the production of N-type alone, the cost is 15%-20% higher than that of PERC. But under integration, the cost of the two can be flat.