The A-share space photovoltaic sector experienced a strong rally. As of midday, the Space Photovoltaic Index surged by 2.73%, with Zhonglai Co., Ltd. soaring directly, hitting the 20% limit-up. Tuori New Energy also hit the limit-up, while Jinko Solar, Jinjing Technology, Trina Solar, and others followed suit. According to market rumors, Elon Musk’s team recently conducted secret visits to several Chinese photovoltaic companies, inspecting projects related to equipment, silicon wafers, and module components. The focus was on companies utilizing heterojunction and perovskite technology routes. In response to these rumors, a reporter from 21st Century Business Herald contacted Jinko Solar, a leading photovoltaic module manufacturer, to verify as an investor. The staff responded that the company had indeed had recent contact with a visiting delegation related to Musk’s team, who inquired about the company’s technological reserves and production equipment. However, they did not disclose any cooperation intentions or specific details of the inspection. The staff also revealed, “Mainstream domestic photovoltaic companies have also been inspected.” (21st Century Business Herald)
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Elon Musk's team secretly visited several photovoltaic companies in China? JinkoSolar: The company has had contact with the inspection team.
The A-share space photovoltaic sector experienced a strong rally. As of midday, the Space Photovoltaic Index surged by 2.73%, with Zhonglai Co., Ltd. soaring directly, hitting the 20% limit-up. Tuori New Energy also hit the limit-up, while Jinko Solar, Jinjing Technology, Trina Solar, and others followed suit. According to market rumors, Elon Musk’s team recently conducted secret visits to several Chinese photovoltaic companies, inspecting projects related to equipment, silicon wafers, and module components. The focus was on companies utilizing heterojunction and perovskite technology routes. In response to these rumors, a reporter from 21st Century Business Herald contacted Jinko Solar, a leading photovoltaic module manufacturer, to verify as an investor. The staff responded that the company had indeed had recent contact with a visiting delegation related to Musk’s team, who inquired about the company’s technological reserves and production equipment. However, they did not disclose any cooperation intentions or specific details of the inspection. The staff also revealed, “Mainstream domestic photovoltaic companies have also been inspected.” (21st Century Business Herald)