L R AS Published on Tuesday 8 March 2022 - n° 396 - Categories:China
In brief from China: Trina (2021 accounts), LONGi, Daqo (capacity), JinkoSolar, Huasun
In brief from China
Trina Solar has announced sales of RMB 44.5 billion ($7.03 billion) for 2021, up 51%. Net profit attributable to shareholders
reached RMB1.88 billion (US$297 million), up 52.6% on the 2020 figure, giving a net margin of 4.2%. The company said the rise in profits was driven by increased sales, particularly of its high-margin 210mm panels, and growth in its distributed smart energy business.
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LONGi adds 4 GW of cell production capacity in Taizhou.
LONGi Solar panel shipments reached 24.5 GW in 2020
https://www.pv-tech.org/longi-4gw-taizhou-cell-project-set-to-start-operations-in-august/
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Daqo expects to manufacture 31,000 to 32,000 tonnes of silicon inQ1 2022 and hopes to produce 120,000 to 150,000 tonnes in 2022, compared with 86,587 tonnes in 2021.
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JinkoSolar says its trading subsidiary Jiangxi Jinko, posted unaudited sales of RMB40.5 billion ($6.4 billion) last year, resulting in a net profit to shareholders of RMB1.12 billion ($177 million). These figures do not include JinkoSolar's other subsidiaries.
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The Chinese Huasun achieves an efficiency of 25.3% on a heterojunction cell at its 500 MW plant in Huacheng (Anhui). It is building a new 2 GW plant.
