On November 8th, Lu Yonghua, president of Linyang Group and chairman of Jiangsu Linyang Energy Co., Ltd., wearing a colorful striped tie and a dark suit, was refreshed. He led hundreds of colleagues of the company and collectively appeared in Qidong Evergrande, Jiangsu Hotel conference center.

Lu Yonghua in the group photo (ninth from left to right)

Lin Yang released a number of N-type single crystal high-efficiency products this time, N+ SOLUTION (system solution), and Lin Yang’s four-year technology roadmap from 2017 to 2020 was also released at the same time. This is also Lin Yang’s recent Maximum action.

New Times Securities analysis pointed out that Lin Yang has increased investment in the field of N-type single-crystal high-efficiency double-sided batteries and high-efficiency cut half-sided components, and formed a strong technical R&D team. The single-sided battery of the company's products has a conversion efficiency of 20%. Combined with the gain on the back of the battery, it can increase the total power generation by 10% to 30% at the same scale. Approved in July 2017, 3 billion of convertible bonds, of which 670 million were used for 600MW high-efficiency solar photovoltaic cell and module projects. Since it takes a certain time to put into production, the company expects to have a production capacity of about 370MW in 2017 and will continue to put it into operation in the future. It is expected to reach 800MW in 2018. Linyang Energy's battery and module products will be used for 1/3 of their own use, and 1/3 will be used in the EPC projects undertaken by the company. The remaining 1/3 will be exported. The company's products are positioned in the high-end market and meet the requirements of the national leader plan. The company comprehensively carried out technological innovations, improved power generation efficiency and reduced costs through technology, and further promoted the advantage of photovoltaic parity. At the same time during the reporting period, the company's distributed photovoltaic power plant business continued to grow rapidly. The installed capacity of the photovoltaic power plant under design, construction and operation of the company exceeds 1.5GW, and the record and reserve projects in hand exceed 2GW. At present, it has been connected to the grid for 1,124MW, of which 989MW is distributed. In the first half of the year, photovoltaic power plants generated a total of 649.48 million kwh, and achieved a gross profit of 394.11 million yuan. The development, investment, construction and operation of distributed photovoltaic power plants have become the company's main performance growth points. It is expected that the company will maintain a steady development of 300-500MW distributed photovoltaics every year in the future and maintain the domestic leading level. The company signed a number of cooperation agreements with international giants such as CGNPC and French ENGIE. It can ensure the company's leading position in distributed amount, and promote the company's independent research and development of N-type double-sided battery panels to enter the market faster and play a demonstration effect.

The following is the latest report from the reporter of Energy One. Pei Jun, Vice President of Jiangsu Linyang Energy Co., Ltd. introduced four N-type batteries:

(Four latest N-type batteries released)

Pei Jun introduced this QP battery with a conversion efficiency of 21.3%.

At the same time, the company also released a new N+ SOLUTION solution:

At the event site, Lin Yang also announced the technical roadmap from 2017 to 2020.

Lin Yang's performance increased significantly: in 2016 it reached 3.115 billion yuan, a substantial increase from 1.696 billion yuan in 2011.