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Jinchen , Waaree signed 3GW high-efficiency PV module line

Jinchen , Waaree signed 3GW high-efficiency PV module line

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Yingkou Jinchen Machinery Co., Ltd. (hereinafter referred to as “Jinchen”), after years of development and deep cultivation in the overseas market, its automation equipment has been widely used in the overseas photovoltaic industry, and has become a first-class manufacturer of module manufacturing equipment.

Jinchen spreads good news again recently from its overseas markets, signed a capacity of 3 GW high efficiency  photovoltaic modules automatic production line with India’s largest manufacturer of photovoltaic modules Waaree Energies Ltd. (hereinafter referred to as the “Waaree”), , which is also the largest project of the PV module production line signed between China equipment manufacturers and local investors in overseas markets.

Although India’s economic growth was slow down in 2020 due to the impact of the epidemic, thanks to superior new energy policies and good investment returns, the demand of the solar PV industry continues to expand. In November 2020, when Indian Prime Minister Narendra Modi attended the 15th G20 Summit, he said: “We can achieve the 175GW renewable energy target well before the target date of 2022, we are now committed to reaching 450GW of the 2030 target and have taken a big step forward.”

Mumbai-based Waaree, India’s largest PV module manufacturer, has been working with Jinchen for several years. The 3GW solar PV module production line signed this time will be delivered in April 2021, and officially put into operation in June 2021. By then, Waaree’s total capacity on module manufacturing will reach 5GW, making it the largest module manufacturer in the overseas market.

Vikas Singh, Key account Manager, Jinchen group added, “The cooperation between Jinchen and Waaree is another successful example of Jinchen’s “Intelligent manufacturing” participating in global sustainable development. Multiple repetitive orders from all valued customers in India and overseas; show customer’s satisfaction and trust on Jinchen. In the future, Jinchen will continue to boost the industrial development of the international and domestic new energy industry and contribute to the grand goal of carbon neutrality.

Anand Gupta Editor - EQ Int'l Media Network