China's solar-sector competition risks quality due to cost-cutting amid overcapacity, warns Longi Green Energy chairman.

China's solar-sector competition risks quality as plunging profits force companies to cut costs, according to Longi Green Energy Technology Co. chairman, Zhong Baoshen. China dominates the global solar industry, but years of rapid expansion have led to serious overcapacity, with solar-panel prices falling to record lows. Cutting costs has led some manufacturers to sacrifice quality, warns Zhong.

March 29, 2024
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