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689 Chinese Solar Makers' Losses Deepen as Industry Vows To End Price War

Slashdot
msmash @ Slashdot · 08/25/2025 10:41 EDT

Chinese Solar Makers' Losses Deepen as Industry Vows To End Price War

Years of aggressive capacity expansion have driven China's solar manufacturing sector into deep losses. Panel prices have hit their lowest levels since 2011 even as the country's installations more than doubled. Shanghai-listed Tongwei reported a 4.96 billion yuan ($693 million) net loss for the first half of 2025, widening from 3.13 billion yuan a year earlier, while Trina Solar swung to a 2.92 billion yuan loss from a prior-year profit.

Panel prices touched 8.7 cents per watt in July, forcing manufactur

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