Solar panels are assembled at a factory in Hefei, East China's Anhui province, on June 29. Photo: VCG

Solar panels are assembled at a factory in Hefei, East China’s Anhui province, on June 29. Photo: VCG

Three of the world’s largest photovoltaics (PV) companies in China reported strong preliminary earnings and forecasts for the first three quarters, driven by growth in overseas demand for solar power. energy as Europe looks for alternative energy to replace natural gas.

Despite rising silicon prices, Jinko Solar Co. Ltd. (688223.SH), the world’s largest solar panel shipper, according to a September report by InfoLink Consulting LLC, said net profit surged 129% to 136% in the first nine months to between 1.65 billion yuan. to 1.7 billion yuan ($228 to $235 million), preliminary unaudited revenue results show.

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