l'Actualité du Solaire

During the presentation of its accounts for the 3rd ^quarter, JinkoSolar estimated that the photovoltaic sector will experience several years of very strong growth with

the election of Joe Biden, with the European Union wanting to reduce its greenhouse gas emissions by 60% (from 40% previously) by 2030, and with China wanting to limit and then reduce its carbon emissions.

Jinko Solar delivered 5.1 GW in the third ^quarter. It has a production capacity of 25 GW of panels at the end of September, 11 GW of cells and 20 GW of wafers. The company expects to reach a panel production capacity of 30 GW by the end of December 2020.

Sales amounted to RMB 8.77 billion (up 4% in the second ^quarter); gross profit was RMB 1.49 billion (compared with RMB 1.51 billion); net profit was RMB 6.8 billion (compared with RMB 318 million in the second ^quarter and RMB 364 million a year ago).

For 2020, the company expects to deliver 18.5 to 19 GW in the year.

https://www.pv-magazine.com/2020/12/07/biden-the-eu-and-china-to-usher-in-golden-age-for-solar-jinko/

PV Magazine of 7 December