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(PV-Tech News) Recently, Yingkou Jinchen Machinery Co., Ltd. (hereinafter referred to as "Jinchen Shares") received good news from overseas markets. Waaree Energies Ltd. (hereinafter referred to as "Waaree"), the largest photovoltaic module manufacturer in India, and Jinchen The shares signed an automated production line for high-efficiency photovoltaic modules with a production capacity of 3GW.
This is also the largest photovoltaic module production line project signed between Chinese photovoltaic module equipment manufacturers and local investors in overseas markets.
After years of development and deep cultivation in overseas markets, Jinchen shares have been widely used in the overseas photovoltaic industry and become a first-tier manufacturer of module manufacturing equipment.
Although India is affected by the epidemic in 2020 and its economic growth is slowing down, thanks to its superior new energy policy and good investment returns, the demand for the solar photovoltaic industry is still expanding against the trend.
In November 2020, Indian Prime Minister Narendra Modi mentioned when attending the 15th G20 Summit: "We can achieve the 175GW renewable energy target well before the 2022 target date. Now, We are committed to achieving the 450GW target in 2030 and have taken a big step forward."
Waaree, headquartered in Mumbai, is India’s largest photovoltaic module manufacturer and has been cooperating with Jinchen shares for several years. The 3GW solar photovoltaic module production line signed this time will be delivered in April 2021 and will be officially put into operation in June. By then, the total production capacity of Waaree's module manufacturing will reach 5GW, making it the largest module manufacturer in overseas markets.
The cooperation between Jinchen and Waaree is another successful example of China's "Smart Manufacturing" participating in global sustainable development.
As a leader in the field of photovoltaic high-efficiency cells and module manufacturing equipment, Jinchen shares said that it will continue to uphold the values of "value, focus, truth-seeking, and excellence", further accelerate the pace of market development, and continue to help the development of the international and domestic new energy industry to ride the wind and waves , To create a new situation for achieving the grand goal of carbon neutrality.
(Editor in charge: Xiao Bei)
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