www.bloomberg.com
Chinese solar giant Longi Green Energy Technology may report another loss in 2025 as a prolonged industry downturn weighs on the solar supply chain. The company cited intense price competition, significant module oversupply, and weak demand as primary causes for its financial struggles. This potential continued loss highlights the severe challenges facing leading solar manufacturers despite growing global adoption of renewable energy. Longi announced this outlook alongside broader strategic adjustments designed to navigate the ongoing market volatility, including cost-cutting measures and a potential shift toward a more asset-light manufacturing model to preserve capital.
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