JinkoSolar Sees Industry Consolidation in China Ending This Year
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China will begin this year to see the results of a reorganization among solar-component manufacturers prompted by a more than 20 percent drop in prices and tighter margins, according to JinkoSolar Holding Co.
“Small firms are being marginalized after seven quarters of reshuffling while bigger ones are relatively stable,” Chen Kangping, chief executive officer of Shanghai-based JinkoSolar, said in a March 13 interview in Beijing. “Many small solar-energy enterprises have shut down,” Chen said.