Chinese solar majors Jinko, GCL-Poly, LONGi double down on growth as shares plunge

Chinese solar majors Jinko, GCL-Poly, LONGi double down on growth as shares plunge

Photovoltaic panels stand at a solar power station operated by Huanghe Hydropower Development Co., a unit of State Power Investment Corp., at the Golmud Solar Park on the outskirts of Golmud, Qinghai province, China, on Tuesday, July 24, 2018. China has emerged as the global leader in clean power investment after it spent $127 billion in renewable energy last year as it seeks to ease its reliance on coal and reduce smog in cities, according to a report jointly published by the United Nations and Bloomberg New Energy Finance in April. Photographer: Qilai Shen/Bloomberg

The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction.

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