Jinchen, Waaree Ink Pact for 3GW High-Efficiency PV Module Production Line

Solar module manufacturing equipment manufacturer Yingkou Jinchen Machinery (Jinchen) has recently entered into a contract with Indian photovoltaic (PV) module manufacturer Waaree Energies to supply a 3 GW capacity of high-efficiency PV modules automatic production line.

January 25, 2021. By Manu Tayal

Solar module manufacturing equipment manufacturer Yingkou Jinchen Machinery (Jinchen) has recently entered into a contract with Indian photovoltaic (PV) module manufacturer Waaree Energies to supply a 3 GW capacity of high-efficiency PV modules automatic production line.

The company said that, this is the largest project of the PV module production line signed between Chinese equipment manufacturers and local investors in overseas markets.

After years of development and deep cultivation in the overseas market, its automation equipment has been widely used in the overseas photovoltaic industry.

Mumbai-based Waaree has been working with Jinchen for several years. Also, the 3GW solar PV module production line is expected to be delivered in April this year, and will be operational by June 2021.

Post the addition of new production line, the Mumbai-based manufacturer’s total capacity of module manufacturing will reach 5GW, making it the largest module manufacturer in the Indian market.

Commenting on the deal, Vikas Singh, Key Account Manager, Jinchen Group, said that, “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.”

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