Shanghai-based Jinko shipped 157MW of modules in the three months to 31 March, compared to the 170-190MW it predicted earlier this year.
Chief executive Chen Kangping pins some of the blame for the shortfall on the company’s decision to shrink its inventory, leaving it without enough modules on hand when demand in Europe rebounded unexpectedly during the first quarter.
The disappointing shipments, on top of its $56.6m
