Jinko Solar Eyes Breakeven This Year as China Moves to Ease Glut

AI Summary

Jinko Solar, a leading Chinese solar manufacturer, aims to reach breakeven this year as China enacts policies to ease the chronic overcapacity issue that led to prolonged losses in the sector. These government measures are expected to stabilize the solar market.

Jinko Solar Co., one of the top five solar manufacturers in China, is looking to recoup expenses this year, as government measures alleviate the chronic overcapacity that has plunged the sector into more than two years of deep losses.