JinkoSolar, a Chinese module manufacturer, has reported a fire at its integrated module production plant in Taiyuan, Shanxi province.
The company has stated that this event may impact its annual results for 2024.
On April 26, a fire broke out at JinkoSolar’s factory in Taiyuan, Shanxi.
The company reported that the local fire brigade was able to quickly control the situation with no casualties, individuals trapped, toxic gas leaks, or explosions.
However, the fire later flared up again and grew more intense, leading to the mobilization of a large fleet of firefighting vehicles from multiple departments.
On April 28, JinkoSolar released a statement confirming a fire at its subsidiary, Shanxi JinkoSolar II Intelligent Manufacturing.
The fire specifically occurred in the wafer cutting and solar cell workshop of the facility’s first phase.
The company is currently evaluating the extent of the damage and expects it to have an impact on the annual results for 2024.
It has property insurance in place and has begun the process of filing claims.
Additionally, the company foresees a decrease in production capacity and a slower ramp-up of capacity at its Shanxi production base.
A fire occurred at JinkoSolar’s vertically integrated production base in Taiyuan, which is part of a CNY 56 billion ($7.7 billion) project.
This project is planned to cover the entire industrial chain in four phases, with an annual production capacity of 56 GW for monocrystalline ingots, wafers, solar cells, and PV modules.
On March 26, JinkoSolar announced the completion of the first phase of its 14 GW integrated production capacity and the commencement of production.
Source JinkoSolar
