Q. Please shed some light on recent developments.
Jinko Solar has always been innovating itself. Jinko has shown a lot of keenness to develop highly efficient solar modules, and we have broken a lot of world records. So, in terms of new developments, we are developing energy solar solutions, which we have launched and displayed at this event. And also, we launched the Jinko N type last year, which is the Tiger Neo product, which is a change from conventional P type technology to N type technology. These are some of the new developments that we have made, and in the future, we will continue to develop to make more efficient solar models.
Q. What are the new technological advancements Jinko Solar is adapting?
We have made a lot of advancements in N-type products, especially those suitable for Indian climates, as well as certain global projects. What we have seen as N type offers very low power degradation, not only for the first year but for the entire lifespan of more than 30 years. We also have a very low temperature coefficient, which means that with every single degree rise in temperature, the loss of power is minimal. So, looking at India, which is hot and humid, this product is very well suited, and it will give value for money. It will make the landed cost of energy very low. It will be kind of a preferred choice for all the large investors and IPP players who are always struggling to meet the tariff challenges, so this is what this product brings to the table.
Q. What are the challenges and opportunities for the solar industry?
Challenges have always been there, and this is the force that pushes us to bring more innovations to come up with the typical solution. The challenges we face are in terms of certain policy issues. We see dynamic policies here, and we hope that policies will be there for the long term. There are a lot of hurdles for the import of solar modules. In fact, we’ve faced certain challenges by IPP clients who wanted a certain type of product, but because of some reasons it is not available to be imported in several ways. We are also facing challenges in terms of skill sets that are not present in India to adopt high-level efficient module technologies, and also challenges in terms of the speed of execution in India as compared to other world leaders. India’s annual installations are still 20 gigawatts; in order to achieve 280 GW of target in like 7 years, it has to really ramp up.
Q. What will be your best takeaway from REI2023?
The best takeaway is that we have a booth at a very prominent location. We are seeing quite a large number of footfalls this year, which has increased from last year. This is very heartening to see that we can get connected to very grass-roots people, which is a very big advantage and achievement of this REI.
Q. What are your expansion plans for the upcoming years?
Jinko has been growing very rapidly. In the last 2 or 3 years, we have gone from 20 GW of annual operations and an annual manufacturing base to now around 70 – 75 GW. Hopefully, we will be touching 100 GW this year and crossing 100 GW next year. Also, in India, we are one of the top sellers, having held the number one position for the last few quarters. We hope to continue this level of position that Jinko has. In terms of our global installations, we were the first to achieve 100 GW of cumulative installations last year, and this year we have reached around 165 GW of cumulative installations, so we hope that with the kind of net zero targets that India is achieving very soon, we’ll have a very high place in terms of technology; solar module supplies to India and also various other countries have also adopted net zero. Jinko Solar is committed to delivering its best products to all its clients.
Q. Would you like to send any messages to your customers?
Thankfully, our customers are our support and our motivators. They always need bigger and greater technologies and products, and here we are. We take on those challenges of efficiencies, cost optimisation, and several new technologies, and we continuously invest back into our research and development. We are really thankful to our clients, who have shown a lot of faith and trust in our technologies, and we will continue to deliver products that meet their needs.
