Reported about 1 month ago
China's solar industry has recently endured significant financial losses, with leading companies like Longi Green Energy posting billions in net losses due to overcapacity and trade tensions. However, analysts suggest that the current downturn may pave the way for a recovery, as companies are beginning to raise prices after years of fierce competition. Despite these challenges, the industry is expected to see a cyclical bottom around 2025, heavily influenced by both domestic restructuring and international trade dynamics.
Source: YAHOO