segen training october 2017
TRANSCRIPT
Segen Training October 2017
Shanghai, China
May 2005 / February 2007 (NASDAQ: JASO)
First-tier c-Si module brand
Successful transformation into a major solar module producer
World class quality with industry leading conversion efficiency
Bankable brand with 15 GW of products shipped
6 GW solar module by end of 2017
7 GW solar cell by end of 2017
3 GW silicon wafer by end of 2017
2016: 5.2GW
2017: 6.0 – 6.5 GW
High efficiency mono-crystalline and multi-crystalline cells and modules. Average conversion efficiency of CYPRESS2 cells in mass production:
− Monocrystalline: 19.9% PERC Mono: 21%
− Multicrystalline: 18.6%
15,000 as of March 2017
Headquarters
Employees
Company Overview
Products
Shipments
Annual
Capacity
Business
Highlights
Date est. / IPO
A leading Chinese solar cell and module manufacturer
1
Sales Point – Tier 1A
2
(1)
100%
93%
93%
93%
93%
87%
87%
80%
80%
80%
80%
80%
73%
73%
67%
67%
7%
7%
7%
7%
13%
13%
20%
20%
20%
20%
7%
27%
7%
33%
20%
13%
20%
13%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
First Solar
Hanwha SolarOne
JA Solar
Trina Solar
Yingli
Hanwha Q-Cells
Jinko Solar
Canadian Solar
Panasonic
Renesola
SunPower
REC Solar
Sharp
Solar Frontier
Mitsubishi
Kyocera
Bankable Not Bankable Never Heard
Source: PV Module Bankability : who to trustBloomberg New Energy Finance
BNEF’s Bankability Survey Results
PV Tech Top 5 solar module Manufacturers 2016
Source: PV TECH – based on final shipment guidance from third quarter financial results.
3
EUPD TOP BRAND Mark
Sales Point – Tier 1A
Solar Module Super League (SMSL)
Group of big-six c-Si Module suppliers.
Canadian, Hanwha, JA Solar, Jinko , Trina
+ Longji (mono silicon manufacturer )
+ GCL the world's largest solar poly crystalline silicon manufacturer,
JA Solar 8.1%
4
JA Solar has offices in global PV bases (China, Germany, Japan, Australia, USA) and has a strong footprint in all major PV market markets.
JA Solar has a leading Position in the major markets such as China (Top 3 supplier), Japan (Top 3 Supplier), Australia (#1 Supplier), LATAM (Top 3 supplier), EU (Top 3 Supplier). UK (Top 3 Supplier )
4
China, 43%
APAC, 40%
EU, 11%
Americas, 3%
Other, 3%
(1)
JA Solar Module Shipment Global Distribution 2015Chinese PV Modules Shipped to Europe Jan-Oct 2016
Source: Bloomberg New Energy Finance
Sales Point – Tier 1A
Stringent Quality Leader
5
Thresher Test
6
Source: Company released financial accounts NASDAQ 2015
Liquidity Ratio Debt Ratio
Financial Security
7
Partnerships
Headquarters
8
JA Production
Ningjin Cell and Module FacilityHebei ProvinceCell: 1600 MWModule: 500 MW
Yanjiao Wafer FacilityHebei Province500 MW
Fengxian Module FacilityShanghai City1300 MWReliability lab partnership with TÜ V and Intertek
Lianyungang Wafer FacilityJiangsu Province1000 MW
Hefei Module FacilityAnhui Province2200 MW
Yangzhou Cell and R&D FacilityJiangsu Province2000 MW
JA Malaysia cell FacilityCell: 1 GW
9
Production Facilities Vietnam
Production Facilities Thailand
Production Facilities Malaysia
JA Production
10
HIGH VALUE POLY
HIGH POWER
MONO
SMART
GLASS
1500V
BLACK
Product Range
11
PolyCrystalline
5BB Poly Crystalline module
− JA CYPRESS Cells
− 270Wp/275Wp
− 35mm Frame
− Full JA Standard (3x IEC Thresher)
− PID Passivation layer and AR coating to cell - reduced
current leakage
− 5BB Decreases Current loss
Value, Bankability
Product Range
4BB
cell
5BB
cell
12
PERC MonoCrystalline (White Backsheet)
5BB Mono crystalline PERC module
- Advanced cell structure with passivated back side
- Black (35mm) Frame
- 295/300Wp
- Design without backside bar thanks to an increased number of fingers on the
cell pattern
Power, Performance
PERC technology adds a passivation layer on rear of the cell to
allow a steadier flow of electrons. Layer acts as a „mirror‟ and
lengthens the light path in the cell.
Reflected
light (light lost)
Incident light
Light absorbed Light absorbed
Product Range
PERC MonoCrystalline (White Backsheet) cont..
1313
Superior performance under low irradiation
- (low energy photons with longer
wavelength collected )
93.00%
94.00%
95.00%
96.00%
97.00%
98.00%
99.00%
100.00%
101.00%
102.00%
100 200 300 400 500 600 700 800 900 1000 1100
Re
lati
ve
eff
icie
nc
y (
%)
Irradiance (W/M2)
Relative module efficency comparison under different irradiance
Conventional Mono Conventional Poly PERCIUM Mono
Temperature Coeffcient
- Back layer of cell induces an electric field to confine the
carriers in the base.
- Power is a function of (among other factors) temperature
and diffusivity of the carriers. Power loss of a PERCIUM cell
is less than of a conventional cell.
- -0.39% Pmax Coeffcient
Product Range
14
All Black Modules
5BB Black Mono crystalline PERC module
- Black Backsheet Black Frame
- Strict colour control systems
- Low Light Performance (low energy/high wavelength photons)
- 295/300Wp
- Full JA Standard quality checked (3x IEC Thresher)
Power, Performance, Aesthetics
− 280-285Wp
− “SK Cell”
5BB Black Mono crystalline module
Product Range
1515
Smart Modules
SolarEdge Smart Junction box integrated module
- SE smart Op300 equivalent box embedded at factory
- Module by module optimization. Power output gain/lower mismatch loss
- Auto Shut off
- 100% remote monitoring
- Available in Poly/Mono/Black Mono
JA and SE warranty wrap
Ease of install. O&M benefits,
-New P400J design (Q1-Q2)
-Removable Cover (rather than bypass)
-Thinner
Product Range
1616
Smart Modules
JAP60S05-270/SC
POLY CRYSTALLINE CELL
5 bus bar Cell. 35mm frame. 270Wp per Panel (STC)
Silver Frame / White Backsheet
Value Poly SolarEdge product.
JAM60S07-295/PR
MONO CRYSTALLINE CELL WITH PERC TECHNOLOGY
5 Bus bar Cell. 35mm Frame. 295Wp per Panel (STC)
Black Frame/ Black Backsheet.
High power module. High performance. Premium
Good Aesthetics.
JAM60S07-280/SC
MONO CRYSTALLINE CELL
5 Bus bar Cell. 35mm Frame. 280Wp per Pane (STC)
Black Frame/ Black Backsheet.
Good Aesthetics. Good Value.
Product Range
17
265 270 275 280 285 290 295 300 305 310
MONO
POLY
SK PERCIUM
Power (in W)
1500V MODULES1500V or DG Poly
1500V or DG Mono
PERC BLACK
Power Pipeline Forecast 2018
PERC BLACK SE
SK BLACK
POLY 5BB
Product Range
POLY 5BB SE
SK BK SE
18
Change to Codes
5BB modules & New name methodology
Manufact
urer
Cell type Number
of cells
Module
type
Module key characteristics
code
- Module
power
/ Cell technology
JA M: Mono
P: Poly
60
72
D: Dual
glass
S: Single
glass
00: No backsheet
01: White backsheet
02: Black backsheet
03: Half cell & white
backsheet
04: Tigo & white backsheet
05: SolarEdge & white
backsheet
06: TG & black backsheet
07: SE & black backsheet
…
- XXX / SC: standard cell
PR: PERC
BP: Bifacial PERC
IB: IBC
…
- Available starting from November 2017
- Increase power output by 2W on average
- Similar electrical parameters of 5BB modules compared to 4BB modules
1919
1500V Modules
IEC 1500V rated module
- 50% Longer Strings
33% less cables/combinor boxes/fuses/inverters
up to 2% total BOS saving /30% lower operation cost
[GTM Research: cost savings $0.05/W]
- Less voltage loss, enables higher efficient inverters
- Backsheet change
- Junction box/cables rated 1500V
- Passed 96-hour PID test (85%RH85·℃at-1500V).
Available in Poly/Mono
BOS Components available
Product Range (to order)
202020
Double Glass
Double Glass module
- Half Tempered Glass as backsheet (rather than polymer Backsheet)
- 1500V
- Extended Warranty
- UV/DH/PID resistance
- POE/EVA
- Poly 2017
Longer strings, longer (and lower annual ) warranty,
Lower shipping costs
Product Range (to order)
212121
Seaside /Water Front Modules
Harsh Environment Resistant module
- Assembled using especially selected BOM to resist salty mist corrosive moisture . - -
- Additional anti PID resistance layers (cells, glass, frame , EVA backsheet)
- Passed double IEC61701 Class6 salt mist test.
Sea front, Coastal (50-500m from sea), floating solar, high stress environments
Special request module
Product Range (to order)
22
New Products…2018
Half cell modules
Half cell
- 60 cell portrait mode, 72 cell landscape mode
- Higher output power (60-cell +5-10Wp; 72-cell +10-15Wp)
- More space between cells – more secondary reflection
- Half current of each bus bar, internal loss reduced by ¾
compared with full size module
- Lower temperature coefficient
- Better mechanical load performance
- Less shading effect
Half cell 60 cell
50% output left
shading shading
Regular
<5% output left
23
New Products
Bifacial modules
Bifacial
- Increased power yield difference from 8-15% vs. standard
- High resistance to harsh environmental
- Energy boost depending on bottom surface reflectivity and installation
height
- Increased % gain vs. standard modules in lower light (winter)
- Cost of progress not so much higher (unlike n-type) so easily
adoptable on normal cell lines and can be mainstream.
Cell efficiency >21%
Rated Power: 290Wp/350Wp
Cell Efficiency >15%
Rated Power: 200Wp/240Wp
Bi-fa
cia
l fro
nt sid
e
Bi-fa
cia
l rea
r sid
e
24