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    Home > Chemicals Industry > International Chemical > JinkoSolar signs a US$47.8 million loan agreement to expand its business in Japan

    JinkoSolar signs a US$47.8 million loan agreement to expand its business in Japan

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    JinkoSolar is a leading "Silicon Module Super Alliance" (SMSL) member, and has signed a two-year syndicated loan agreement of 5.
    3 billion yen ($47.
    8 million) with a consortium of banks led by Sumitomo Mitsui Banking Corporation (SMBC) to expand its Japan business
    .

    SMSL recently reiterated its 2018 PV module shipment guidance in the range of 11.
    5GW to 12GW, after previously reporting 9.
    8GW
    of 2017 shipments.

    In its latest earnings call, JinkoSolar noted that Japan's FiT subsidies continue to decline while the gradual shift to a tender system is creating new business opportunities
    .

    At Intersolar Europe 2018, Japanese market research firm RTS highlighted that it has made recommendations to the government to support 150GW of PV deployment by 2030 as part of the decarbonization of
    the economy.

    RTS also noted that FiT systems will fall below general electricity bills in 2019, potentially driving increased self-consumption and energy storage in the residential market
    .

    Market research firms estimate that Japan installed about 7GW of photovoltaic installations in 2017, and navigation installations in 2018 will be set in the range
    of 6GW to 7.
    5GW.

    :/, please indicate the source for reprinting)

    JinkoSolar is a leading "Silicon Module Super Alliance" (SMSL) member, and has signed a two-year syndicated loan agreement of 5.
    3 billion yen ($47.
    8 million) with a consortium of banks led by Sumitomo Mitsui Banking Corporation (SMBC) to expand its Japan business
    .

    JinkoSolar

    SMSL recently reiterated its 2018 PV module shipment guidance in the range of 11.
    5GW to 12GW, after previously reporting 9.
    8GW
    of 2017 shipments.

    In its latest earnings call, JinkoSolar noted that Japan's FiT subsidies continue to decline while the gradual shift to a tender system is creating new business opportunities
    .

    At Intersolar Europe 2018, Japanese market research firm RTS highlighted that it has made recommendations to the government to support 150GW of PV deployment by 2030 as part of the decarbonization of
    the economy.

    RTS also noted that FiT systems will fall below general electricity bills in 2019, potentially driving increased self-consumption and energy storage in the residential market
    .

    Market research firms estimate that Japan installed about 7GW of photovoltaic installations in 2017, and navigation installations in 2018 will be set in the range
    of 6GW to 7.
    5GW.

    :/, please indicate the source for reprinting)

    /
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