Update: Jinko says it did not reduce PV panel prices in the last quarter

The company today told pv magazine it did not reduce any of its PV module prices in the July-to-September period.A company representative for Chinese giant JinkoSolar today told pv magazine that it did not lower any panel prices during the period in question and the impact on its profit margin, compared with the second quarter, occurred solely because of higher input materials prices. That statement tallies with the remarks made by Jinko chairman and CEO Xiande Li, who wrote in yesterday's update: "Due to the transition to renewable energy in most regions of the world; the increase in electricity ...

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