Longi Green Energy Technology, a leading Chinese solar panel manufacturer, is adjusting its production plans amid a complex industry environment, as reported by state media. The company is promoting digital upgrades and has made changes to its production schedule in several regions. Reports from Yicai indicate that Longi has shut down its solar module plant in Malaysia and five other production lines in Vietnam. However, a fact check clarifies that Longi has only adjusted the schedule of these plants, not shut them down. The adjustments come as Longi faces operational challenges, including plentiful supply, US tariff concerns, and weak market demand.
#Chinese #solar giants halt production at Southeast Asian factories amid US tariff concerns, weak market demand https://t.co/5pHeuzYB9h
[Fact Check] Chinese PV Giant Longi Adjusted Schedule of Malaysian, Vietnamese Plants, Didn’t Shut Them Down @longi_solar https://t.co/EQLl6rTH5w
Chinese solar panel maker Longi Green Energy has made “adjustments” to its production plans at several factories as it faces multiple operational challenges including plentiful supply https://t.co/OPUK4leYuP
Longi Green Energy Technology told Yicai the Chinese solar penal giant will adjust its production plan in several regions to promote digital upgrades. Longi reportedly shut down its solar module plant in Malaysia this week and five other production lines in Vietnam. @longi_solar https://t.co/CBH73ZUltH
⚠️ LONGI GREEN ENERGY: WILL ADJUST PLANNED PRODUCTION AMID COMPLEX INDUSTRY ENVIRONMENT - STATE MEDIA