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JinkoSolar (JKS +10.2%) has jumped out of the gate after announcing a $1B, 5-year financing deal...

JinkoSolar (JKS +10.2%) has jumped out of the gate after announcing a $1B, 5-year financing deal with China Development Bank. Jinko says it will use the deal, whose terms still need to be hammered out, to help expand overseas. Like industry peers, Jinko has been posting huge losses and has a significant debt load.
Comments (1)
  • Solar is becoming a mainstream trend. Here in Los Angeles, the mainstream shift to solar is evident. People don't use the term anymore as a futuristic hippie way of creating electricity but instead it is the new "must have" modern installation for energy. More so for larger projects like schools etc. I personally think the future of solar is in large installations rather than the homeowner saving some money on their utility bill.
    Interesting couple years ahead thats for certain.
    7 Dec 2012, 01:02 PM Reply Like
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