Reported 9 days ago
According to Longi Green Energy Technology Co., one of China’s largest solar panel manufacturers, the struggling solar industry in the country is on the path to recovery after suffering from overcapacity and a price war. Founder Li Zhenguo stated that it may take two to three quarters for prices to rise above production costs, and emphasized the need for rational pricing and a reduction in capacity among struggling firms. Longi is investing in new solar technologies to differentiate itself amid the challenges, while navigating uncertainties related to potential US tariffs under the incoming Trump administration.
Source: YAHOO