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Chinese solar makers' losses deepen as industry vows to end price war

Nikkei Asia · last updated
Energy

Chinese solar makers’ losses deepen as industry vows to end price war

Producers reel from supply glut and U.S. trade curbs

Solar panels on the outskirts of Quzhou City in July 2025. The Chinese government has urged producers to shut down outdated capacity.

WATARU SUZUKI

August 25, 2025 15:55 JST

SHANGHAI — Major Chinese solar panel makers posted huge losses in the first half of the year due to production overcapacity, as industry players face mounting pressure to cut output amid a U.S. crackdown.

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