29 Aug '11, 12am

JinkoSolar Expands in Europe

JinkoSolar Expands in Europe

China’s JinkoSolar Holding Co. announced the opening of a new European branch in Zug, Switzerland last week, the latest move by Chinese PV manufacturers to expand their operations globally. Sharp drops in solar PV system materials and components have supported ongoing growth in Europe’s PV market, but the rate of growth has slowed and the outlook is clouded by an economic slowdown as austerity measures enacted to address persistent budget and debt problems constrain economic growth.With its manufacturing based in Jiangxi and Zhejiang provinces, Jinko has sales and marketing offices in Munich, San Francisco and Bologna, Italy. Management is expanding capacity of it’s 1.1 gigawatt (GW) ‘vertically integrated value chain’ of PV products includes silicon ingots, wafers, solar PV cells and solar PV modules to 1.5GW, which it expects to reach by year-end. Chinese solar PV manufa...

Full article: http://cleantechnica.com/2011/08/28/30023/

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