China’s JinkoSolar sees capacity up 30 pct next yr

SHANGHAI, Nov 19 (BestGrowthStock) – China’s JinkoSolar Holding
(JKS.N: ) sees its production capacity of photovoltaic components
increasing by around 30 percent next year, its chief executive
said on Friday.

The solar power firm has orders for next year despite
intensifying competition in the sector, CEO Chen Kangping told
reporters on the sidelines of a conference in Shanghai.

JinkoSolar, which reported Street beating third-quarter
results early this month, said it expects solar product shipments
of 130 to 140 megawatts (MW) in the fourth quarter. It shipped
134.8 MW in the third quarter. The company also raised its
full-year shipment and revenue view. [ID:nSGE6A00KF]
(Reporting by David Lin and Melanie Lee; Editing by Jacqueline
Wong)

China’s JinkoSolar sees capacity up 30 pct next yr