Chinese PV Industry Brief: Top solar module makers report H1 losses

Longi, JinkoSolar, JA Solar and Trina Solar have reported net losses for the first half of 2025, as revenue fell despite strong shipments of high-efficiency modules and storage systems.Longi reported a net loss of CNY 2.56 billion (about $356 million) for the first half of 2025, a significant improvement from the CNY 5.23 billion loss recorded in the same period last year. The company's revenue declined by 14.83% year-on-year to CNY 32.813 billion. Gross margin turned negative at -0.82%, a sharp drop from 7.66% a year ago. Solar module products saw a gross margin of -2.37%, while power plant ...

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