JinkoSolar sees cautious solar PV expansion amid glut

 

Bloomberg

JinkoSolar Holding Co., the photovoltaic maker that has shipped the most panels this year, said demand for its top-branded products is prompting it to expand capacity even as a potential supply glut looms over the industry in the second half of the year.
A growing solar market has prompted manufactures to build up more capacity. The top three panel suppliers including Trina Solar Ltd., JinkoSolar and Canadian Solar Inc. are seeking to expand production capacity by almost 32 percent by the end of this year from a year earlier. Solar installations globally may increase at least 15 percent in 2016 from a year earlier, Bloomberg New Energy Finance estimates.

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