Solar Bloodbath: Chinese Panel Makers Forecast Record $5.5 Billion Loss for 2025
Top Chinese solar panel makers forecast a record $5.5 billion loss in 2025 due to overcapacity and trade tensions. Discover what this means for the energy market.
A $5.5 billion hole is opening up in the world's solar powerhouse. Despite their dominance in global supply chains, China's leading solar panel manufacturers are bracing for record-breaking losses for the 2025 fiscal year. The sun isn't shining on their balance sheets as overcapacity and geopolitical friction take a heavy toll.
The Crisis Behind Chinese Solar Panel Makers 2025 Losses
According to reports from Nikkei and company filings, the industry's top players have forecast combined losses of up to 38.4 billion yuan. The primary culprits are chronic oversupply and the rising costs of raw materials. Even Beijing's "anti-involution" campaign, designed to stop suicidal price wars, hasn't been enough to stabilize prices in a saturated market.
Tariffs, Turmoil, and the Global Shift
External pressures are mounting as the Trump administration eyes new trade barriers. In response, Chinese firms are shrinking their US footprints. Meanwhile, competitors like South Korea's Hanwha are pivoting to specialized services like panel recycling, and India is leveraging AI to double its domestic production capacity.
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