Jinko Energy has chosen ALL IN for TOPCon in terms of technological route, seizing the market opportunity.

Jinko Energy has chosen ALL IN for TOPCon in terms of technological route, seizing the market opportunity. Last year, the shipment volume of Jinko Energy components reached 44GW, of which the shipment volume of N-type components exceeded 10GW. In 2023, it is expected that the total volume of N-type shipments will reach around 60%, ranging from 60GW to 70GW.

JA Technology has opened up several positions for Trina Solar in terms of vertical integration and cost control. In 2022, JA Technology earned 1.8 billion more than Trina Solar despite shipping approximately 4GW less than Trina Solar. JA Technology achieved a revenue of 72.99 billion yuan and a net profit of 5.53 billion yuan in 2022; Trina Solar achieved a total operating revenue of 85.248 billion yuan in 2022; The net profit was 3.711 billion yuan.

However, compared to Longi, Trina Solar has almost no silicon wafer production capacity. The silicon wafers of Trina Solar mainly come from another silicon wafer leader - TCL. According to TCL Central's 2022 annual report, the company's sales to its largest customer, Trina Solar, accounted for 21.01% of the total, at 14.08 billion yuan.

Because Trina Solar does not have silicon wafer production capacity, it has no constraints from silicon wafer size, which means it can adjust component sizes more freely - as long as it requests upstream enterprises.