Market turmoil continues: JinkoSolar taken off Tier 1 list
- Admin
- May 30, 2024
- 1 min read
The European solar market is experiencing turmoil due to low Chinese panel prices. JinkoSolar, a major Chinese manufacturer, has been removed from the Tier 1 list due to financial issues. The situation in China and Europe has impacted various manufacturers, leading to layoffs and market challenges. Changes in policies, such as the net metering scheme and feed-in costs in the Netherlands, have caused confusion among consumers. Commercial projects with battery storage offer a ray of hope for the solar energy sector.
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