This article only represents the author's own views.
Thank goodness for government subsidies.
Such largess appears to an important factor that kept JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) from sinking into the red in last year’s fourth quarter. The leading solar panel maker forecast more turbulence ahead in 2024, predicting consolidation would accelerate for a sector now grappling with tumbling prices caused by huge oversupply in manufacturing capacity.
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