The photovoltaic giant responds Recently, there have been rumors that LONGi Green Energy's module factory in Malaysia will gradually shut down this week, and last week, all five production lines at LONGi's cell factory in Vietnam had also stopped working.
LONGi Green Energy will continue to carry out product technology innovation and intelligent manufacturing upgrades, and firmly look forward to the long-term positive trend of the global photovoltaic industry," the person said.
LONGi Green Energy decided to shut down the module factories in the above areas, which may be affected by the U.S. "516 Photovoltaic New Deal".
Preliminary financial results from three Chinese manufacturers show a downward trend in the fortunes of the solar manufacturing industry over 2024. Publications from polysilicon producer Daqo New Energy and solar manufacturers JinkoSolar and LONGi all show steep declines year over year (YoY) compared with 2023.
(Yicai) May 27 -- Shares of Longi Green Energy Technology fell after the major Chinese solar panel maker said founder Li Zhenguo has resigned as a director, general manager, and legal
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Li Zhenguo, founder of one of China''s biggest solar manufacturers Longi Green Energy Technology Co., has stepped down from his operational roles. This leadership change comes after
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Longi, which used to be the country''s biggest panel producer before the current crisis, has posted four straight quarterly losses and resorted to slashing staff and costs.
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Longi Green Energy, JinkoSolar, and JA Solar each posted significant third-quarter losses amid continued price declines and high inventory levels, raising concerns among analysts about
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Recently, there have been rumors that LONGi Green Energy''s module factory in Malaysia will gradually shut down this week, and last week, all five production lines at LONGi''s cell factory in
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Publications from polysilicon producer Daqo New Energy and solar manufacturers JinkoSolar and LONGi all show steep declines year over year (YoY) compared with 2023.
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In the first half of the year, China''s manufacturing giants LONGi, Jinko Solar, Trina Solar and JA Solar posted combined net losses of nearly RMB11 billion (US$1.54 billion), two and a half
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Longi Green Energy Technology Co., until recently the world''s biggest solar firm, said in a preliminary results filing late on Tuesday that a “mismatch” of supply and demand has led to a
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(Yicai) Aug. 26 -- Five of China''s leading solar panel makers, including Longi Green Energy, reported a combined loss of CNY17.3 billion (USD2.4 billion) for the first half after product prices plunged as a
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Once the country''s largest panel producer, Longi has endured four consecutive quarterly losses, prompting layoffs and cost-cutting measures. In October, the China Photovoltaic Industry
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