SHANGHAI, Nov. 9, 2019 /PVTIME/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced it is expanding its high-efficiency mono wafer production capacity at its production facility in Leshan, Sichuan Province, with an additional 5GW.
JinkoSolar's mono wafer
production capacity is expected to expand to 18 GW once the
phase Ⅱ of the capacity expansion is complete. Full production of the
additional 5GW of production capacity is expected to begin during the second
quarter of 2020.
The Phase I 5GW of
the capacity expansion project began production in the
second quarter of 2019 and has already reached full capacity.
Mr. 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."
JinkoSolar Holding Co., Ltd.