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Chinese Solar Makers' Losses Deepen as Industry Vows To End Price War (nikkei.com) 50

Years of aggressive capacity expansion have driven China's solar manufacturing sector into deep losses. Panel prices have hit their lowest levels since 2011 even as the country's installations more than doubled. Shanghai-listed Tongwei reported a 4.96 billion yuan ($693 million) net loss for the first half of 2025, widening from 3.13 billion yuan a year earlier, while Trina Solar swung to a 2.92 billion yuan loss from a prior-year profit.

Panel prices touched 8.7 cents per watt in July, forcing manufacturers to write down inventory values across the polysilicon-to-module supply chain. China installed 212.2 gigawatts of photovoltaic capacity through June, bringing total installations to 1.1 terawatts, yet supply continues outpacing demand after seven major manufacturers posted their first combined annual loss in 2024. The Ministry of Industry and Information Technology convened leading producers last week to urge shutdowns of outdated capacity, while the China Photovoltaic Industry Association pledged to tackle what it termed "involution-style" competition through strengthened self-discipline measures.
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Chinese Solar Makers' Losses Deepen as Industry Vows To End Price War

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  • GREAT SCOTT!

  • Panel prices touched 8.7 cents per watt in July

    Where can I get these panel prices? Looking a Trina panels right now and I see them for $1, $0.50, and even a clearance sale for $0.34/watt. I'm not sure I can actually get the cheap ones or how many I can get, but even at a cheap $0.34/watt they are still almost 4 times higher than these 8.7 cent claims. And realistically, they'll be more than 5 times higher in price.

    And make no mistake, relatively speaking 50 cents per watt is much cheaper than it has been in the not too distant past.

  • by Anonymous Coward

    We ought to be hoovering up that firesale. Instead, we're taxing the ever-loving fuck out of Americans who buy it.

    Trump is clearly pro-China and whatever helps their economy is good for him, even if it's bad for America's economy.

    What a worse-than-worthless head of politburo. If I had my way, he'd be arrested, tried, and hanged by neck until he's dead, and we would switch back to the US Constitution. But since I'm conservative, the currently-dominant party (Republicans) blows me off as their ideological o

  • We're buying a new house next year and high on my list is to add solar if it doesn't already have a good solar system on it.

    • Pretty sure technology won't stop.

      This is a market thing. Too many competitors and ruin each other in a too fast race.

      Typical of a maturing market. Less capitalized business that don't have some exclusivity in the market burn all their case in the race and broke.

      After sometime and all concentrate, the renewable will continue to be driven by real efficiencies more than a crazy race.

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