- cross-posted to:
- technology@lemmy.zip
- cross-posted to:
- technology@lemmy.zip
cross-posted from: https://lemmy.sdf.org/post/45406669
Longi Green Energy posted a net loss of AUD180 million (USD 116 million) in the third quarter of 2025, narrowing from $272 million a year earlier as weak demand and price pressure weighed on margins. Revenue fell 9.8% year on year to $3.9 billion. For the first three quarters, revenue totaled $11 billion, down 13.1%, while net losses narrowed 47.5% to $739 million.
The company shipped 38.15 GW of wafers and 63.43 GW of cells and modules during the period. BC-series shipments reached 14.48 GW, with HPBC 2.0 modules accounting for 23% of total deliveries. Operating cash inflow was $390 million.
JinkoSolar recorded a net loss of $220 million in the third quarter of 2025 as revenue fell 34.1% year on year to $3.5 billion. Cumulative module shipments for the first three quarters reached 61.9 GW, including more than 200 GW of total N-type Tiger Neo deliveries, while energy storage system shipments exceeded 3.3 GWh.
The company maintained its 2025 full-year shipment guidance at 85–90 GW for modules and 6 GWh for storage systems.
JA Solar registered a net loss of $210 million in the third quarter of 2025, reversing a profit in the same period last year, as revenue fell 34.1% year-on-year to $2.7 billion.
Cumulative module shipments for the first three quarters reached 52 GW, including 18.17 GW in the third quarter. The company expects full-year module shipments of 70–75 GW in 2025 and anticipates faster growth in its energy storage segment.
Flat Glass Group said unaudited revenue for the third quarter ending Sept. 30 was $1 billion, with profit attributable to shareholders totaling $81.3 million. Revenue for the first nine months of 2025 reached $2.69 billion, down 14.6% year-on-year, while profit fell 50.8% to $137 million.
Xinte Energy posted a net loss of $113 million for the nine months ending Sept. 30, 2025, with revenue of $2.5 billion attributable to shareholders of the listed company.
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It’s clearly an overcapacity issue.
I’m actually also confused how the difference does not depend on the perspective. If we say supply is too high, then it is overcapacity. If we say demand is too low, it is underutilization. For a profit-driven company, it is overcapacity, I understand that. But Know_not_Scotty_does@lemmy.world has a point, when we look at it from the perspective of the rest of us…
And I guess you would address overcapacity and underutilization differently. Overcapacity -> reduce production. Underutilization -> increase consumption (“installation” in this case sounds more fitting). To say that it is clearly an overcapacity issue sounds to me as if there is no way we could install more solar panels.
Yeah, I don’t care that it has become less profitable for the producers. Given the demand for energy right now and how little is being actively done to make solar more ubiquitous ESPECIALLY in low-income areas, I want the bottom to fall out. Make it too cheap to justify anything else being used during daylight hours.
The arguments in favor of keeping fossil fuels have always been based on cost and up-time. If you can’t argue on cost then you can only justify keeping them available when you don’t have sun.
The problem is you’re never going to get the shareholder class to agree to distribute the power system to that point. They’ll fight as hard as they can to keep everyone buying from their centralized network.
The next boogeyman we’re going to be have driven upon us is going to be rooftop solar being “dangerous”.
Fortunately, the “balcony solar” concept seems to be gaining interest even in the US
This makes no economic sense.