Seven Chinese solar panel companies fall into the red for the first time as overproduction worsens market conditions

[Dalian - Fujimura Kohei] China's seven major solar cell companies have posted their first losses since 2017, when combined net profits became comparable, in the fiscal year ending December 2024. This is due to Chinese companies, which have an overwhelming share of the solar panel manufacturing market, increasing production capacity, causing market conditions to worsen due to supply far exceeding demand. Although the introduction of solar cells …