JinkoSolar Japan signs JPY5.3 billion syndicated loan

JinkoSolar

Photovoltaic (PV) module vendor JinkoSolar Japan has signed a JPY5.3 billion syndicated loan agreement up to two years with a bank consortium led by Sumitomo Mitsui Banking Corporation.

JinkoSolar will use the financing to expand business in Japan and to supplement JinkoSolar Japan’s working capital.