Tongwei solar cells dropped by 20%!The reason behind it is...
Following the recent sharp price cuts of LONGi and Zhonghuan silicon wafers, on December 27, the latest solar cell prices announced by Tongwei also began to cut prices sharply.
What Do Tongwei and LONGi''s Struggles Say About the
Tongwei''s July report stated that in spite of strong growth in exports and domestic solar installation, prices were negatively impacted by supply chain concentration.
China''s Troubled Solar Sector May Be Nearing a Turning Point
The Chinese solar industry''s predicament can be traced back three years ago, when a surge in demand for panels boosted prices and unlocked ambitious expansion plans that resulted in
Tongwei Turned Lossmaking as Polysilicon and Solar Cell Prices
We think Tongwei will remain profitable given its cost advantage, but returns on investment and profit margins will be dampened.
Solar power firms address price pressure
However, prices for these components have sharply declined, with polysilicon dropping by over 35 percent, wafers by more than 45 percent, and cells and modules by over 25 percent.
China''s Top Solar Firms Post Big Losses as Oversupply
Longi blamed a persistent mismatch between supply and demand, which has led to a significant drop in product prices, according to its statement. The company has cut output to ease
Fitch Affirms Tongwei at ''BBB-''/Negative; Withdraws Rating
We expect limited downside to current price levels, with monthly production peaking in April 2024 and Tongwei''s major competitors starting facility maintenance and postponing new plant construction.
What Do Tongwei and LONGi''s Struggles Say
Tongwei''s July report stated that in spite of strong growth in
Chinese PV Industry Brief: Tongwei, GCL and Daqo post steep H1
Tongwei, GCL Technology and Daqo New Energy all reported steep first-half 2025 losses on weak polysilicon prices, with rising n-type output and cost controls failing to offset margin
PV Giants Tongwei, TCL Zhonghuan Slide After Third-Quarter
Last year, Tongwei benefited from a sharp increase in silicon prices, but as more new capacity came on stream product prices began to fall from December and excess capacity is
The price of the photovoltaic industry chain is declining, where will
Liu Shuqi, chairman of Tongwei Co., Ltd., pointed out at a recent results conference that with the gradual release of new production capacity, commodity prices, which have remained high in
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