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China’s solar sector is facing significant challenges due to an oversupplied market, which is expected to keep profits suppressed for up to two years. Longi Green Energy Technology, a major manufacturer in the sector, has indicated that the recovery of the solar market is unlikely in the short-term. Longi also expects to post a first-half loss amid fierce competition and price wars.
Longi, one of the world’s biggest solar manufacturers, said it expects to post a first-half loss amid fierce competition and price wars in the sector https://t.co/qZ13sHTOQV
China’s floundering solar sector will continue to face tough times in the short-term, major manufacturer Longi Green Energy Technology said, as an oversupplied market keeps profits suppressed. https://t.co/s7qR8hN3Fj
China’s floundering solar sector will continue to face tough times in the short-term, Longi Green Energy Technology Co. said, as an oversupplied market keeps profits suppressed https://t.co/wKCRtvjffc
