Tier-one PV manufacturer JinkoSolar has raised its module shipment guidance for the full-year. The company expects shipments to be in the range of 4.0GW to 4.5GW, up from previous guidance of 3.3GW to 3.8GW.
Major tier-one PV manufacturer JinkoSolar said it had secured more than US$62 million in a loan agreement with The Export-Import Bank of China (TEIBC) to support long-term fixed assets and mid-term working capital for its recently started Malaysia facility. The company said it had already drawn down the US$62 million loan.
Major PV manufacturer JinkoSolar has secured over US$483 million in PV project finance from Ping An Bank to support its downstream project business arm, Jinko Power.
The revised US trade duties on Chinese solar panels have created further ambiguity with SolarWorld welcoming the changes, even though the world’s top two producers appear to have benefitted from the changes.
The US Department of Commerce has reviewed its final anti-dumping (AD) and anti-subsidy (AS) rates on Chinese solar firms with most tier-one firms having their rates cut.
A detailed preliminary analysis of global PV manufacturing expansion plans for the first half of 2015 indicates that little if any meaningful or ‘effective’ new plans were announced by Chinese producers for China.
Leading PV manufacturer Trina Solar had its plans to build a manufacturing plant in Malaysia opposed by a Malaysian government agency, according to news reports.
Tier-one PV module manufacturer JinkoSolar has supplied 33.67MW of PV modules to Chilean renewable energy company Rijn Capital for the San Pedro III PV Plant Phase I project in Chile.
