Posted on 21st January 2026 | Modified on 21st January 2026
Rock bottom pricing of Chinese solar panels has resulted in a forecast loss by the top producers of $5-5.5 billion for 2025 due to overcapacity and rising raw material prices.
TCL Zhonghuan Renewable Energy, Trina Solar, Longi Green Energy Technology, JA Solar Technology and Tongwei are collectively expecting the loss, reported in stock exchange filings, which comes on top of the $4.8 billion loss they made in 2024.
Tongwei is reporting the biggest forecast loss at $1.3-1.4 billion, saying: “The industry’s temporary oversupply problem has not yet been alleviated.”
JA Solar blamed “a concentrated release of production capacity” and “intensified international trade protection policies.”
The US has put import duties on solar products from Cambodia, Malaysia, Thailand and Vietnam, where Chinese solar companies set up operations to avoid previous tariffs. The cost of silver, a key ingredient, rose sharply last year.
Earlier this month, China’s Ministry of Finance announced the end of export tax rebates for photovoltaic products, taking effect from 1 April, which could reduce the price declines.
China had 1.16TW of installed solar power capacity in November, which was up 41.9% from a year ago, according to the National Energy Administration.
Read all our Solar Panel stories.
David Manners
David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site’s most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics.
Tagged with: Solar Panels
Your email address will not be published. Required fields are marked *
*
*
Click to list the Digital Editions of the Electronics Weekly magazine. Then select the month to view.
List all the magazines »
Read our special features celebrating 65 years of Electronics Weekly and looking ahead to the future of the industry.
Read the Electronics Weekly @ 65 features » 
Read the first ever Electronics Weekly online: 7th September 1960. We’ve scanned the very first edition so you can enjoy it.
Read the very first edition »
The excellent Electronics Weekly podcast, CHIIPS, is brought to you by our editor Caroline Hayes. Hear interesting insights from a range of industry figures.
Catch all the episodes »
Get our news, blogs and comments straight to your inbox! Sign up for the Electronics Weekly newsletters: Mannerisms, Gadget Master and the Daily and Weekly roundups.
Find out more »
Keep up with developments relating to space technology – satellite technology, PNT, thermal imaging, SatIoT, spaceports and more
View our busy aerospace section »
Image: ESA
Read our special supplement celebrating 65 years of Electronics Weekly and looking ahead to the future of the industry.
Read the Electronics Weekly @ 65 feature »
Read the first ever Electronics Weekly online: 7th September 1960. We’ve scanned the very first edition so you can enjoy it.
Read the very first edition »
Keep up with developments relating to the Internet of Things (IoT) – Industrial IoT, sensors, Edge AI, battery technology, SatIoT and more
View our popular Internet of Things section »
Image: ESA
Keep up with developments relating to Power electronics – MOSFETs, batteries, PSUs and more, for example
View our busy Power section »
Image: Infineon
You must be logged in to post a comment.