JinkoSolar sees half of revenues coming from China in 2013

JinkoSolar intends to derive at least half of its revenue from China next year, as it ramps up both module sales and its own project-development division in its home market.

Jinko’s expectations for China, revealed during a conference call to discuss its third-quarter results, underscore the enormous changes roiling the global PV market.

It would have been almost unthinkable for a PV company to put so much stock in the Chinese market until very recently – and even now Jinko is unusual.

Jinko, which has grown rapidly to become the world’s sixth largest supplier of crystalline silicon PV modules, says that more than half of the product it shipped in the most recent quarter stayed in China. The company believes it will sell Log in to read complete article.

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