Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has secured a two year syndicated loan from a bank consortium led by Sumitomo Mitsui Banking Corporation (SMBC) to support increased module shipments growth to Japan.
JinkoSolar said that the loan agreement was worth JPY4.1 billion (US$36.7 million). Management had noted in its recent first quarter analyst earnings call that it expected Japan would continue to provide ‘considerable demand there over the next few years.’
This article requires Premium SubscriptionBasic (FREE) Subscription
Already a subscriber? Sign In
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
JinkoSolar had reported APAC region module shipments, which included Japan to have reached 481MW in the first quarter of 2017, up from 101MW in the prior year period.
