The world’s largest solar manufacturer has slashed nearly a third of its workforce after a cost-cutting drive that included telling staff to only print in black and white fell short and as a chill ripples through the renewable energy sector.
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China’s Longi is to cut as much as 30% of its workforce, in an acceleration of cost reductions that began late last year, Bloomberg reported.
It is unclear exactly how many jobs will be lost at the company, which employed 80,000 at its peak last year, as an internal function allowing employees to see the total number of staff has reportedly been disabled.
The renewables industry is facing significant headwinds in the fallout from Russia’s full-scale invasion of Ukraine in early 2022. Moscow’s reduction in gas supplies into continental Europe left governments scrambling to beef up domestic power generation, accelerating a shift towards renewables.
However, the resulting higher energy bills pushed up inflation rates, adding costs to renewables supply chains already under pressure from the surge in demand. Meanwhile, oil and gas companies have retrenched from green projects in favour of traditional high-margin fossil fuel projects.
As a result, renewables companies have been pausing projects and cutting jobs in an attempt to rebalance their portfolios. The solar industry has a history of boom-and-bust cycles, dictated typically by government policies.
China is the centre of the world’s solar supply manufacturing industries and a proliferation of new factories dedicated to the technology has created fierce competition.
Longi manufacturers wafers – a component used in solar panels. The company, based in Xi’an in central China, has been forced to suspend investment plans while also cutting prices.
Before the job cuts, the company previously tried to reduce costs through a series of smaller measures. These included cancelling free afternoon tea, cutting business trip budgets and informing staff that they must only print in black and white unless they received permission, Bloomberg reported. Longi’s Shanghai office has reportedly stopped offering free coffee.
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The solar company’s net income fell sharply last year, down by 44% to 2.52bn yuan (£275m) in the third quarter of 2023. Its shares have fallen about 70% from their 2021 peak.
Longi has been contacted for comment.
80% of the world’s solar panels and components are produced in China. So no matter in terms of professionalism or experience, china solar panels manufacturers are the best choice for you to buy solar roof panels. It is very important to choose the right Chinese solar panel manufacturing company. We have listed the top 10 most popular china best solar panel manufacturers for you. Hope this is a good start for you.
10 China Best Solar Panel Manufacturers List
Through the above, we found that you are very interested in solar panel manufacturers in china. So, how to choose Chinese solar panels manufacturer? We specifically list several top china solar panel suppliers for your reference.
Trina Solar
Trina Solar is a china solar panels manufacturer founded in 1997. As of the end of 2017, Trina Solar’s cumulative shipments of photovoltaic modules ranked first in the world. On June 10, 2020, Trina Solar became the first photovoltaic company listed on the Science and Technology Innovation Board. The company’s business covers photovoltaic products, photovoltaic systems and smart energy.
Trina Solar has successively set up regional headquarters in Europe, the Americas and the Asia Pacific and the Middle East in Switzerland, the United States and Singapore. And set up offices in Tokyo, Madrid, Milan, Sydney, Beijing and Shanghai. Over the years, it has introduced high-level talents from more than 30 countries and regions. Trina Solar’s business covers more than 100 countries and regions around the world.
Main Products
Address
ADNLITE
ADNLITE has been one of the best solar panel manufacturers in china since 2014. Now, ADNLITE supplies solar roof panels worldwide. Including grid-connected solar power systems, off-grid solar power systems and hybrid solar power systems.
As a professional solar panels manufacturer, ADNLITE has its own innovation team. And the strict quality control system can ensure that the products delivered to you are of high quality. In addition, ADNLITE can provide you with a free roof solar panel solution. You can use all ADNLITE products with confidence.
Main Products
Address
302, 96 Changchun Ninth Street, Futian Street, Yiwu City, Zhejiang Province, China
Yingli Solar
Yingli Solar is a global leading solar panel manufacturer. It is also one of the world’s largest manufacturers of vertically integrated photovoltaic power generation products. Yingli Solar’s business mainly involves the design, manufacture and sale of photovoltaic modules. Roof solar panels are mainly sold to countries and regions such as Germany, Spain, Italy, Greece, France, South Korea, China and the United States. In order to be able to provide customers with the highest quality solar roof panels, Yingli Solar employs more than 6,000 people in total.
Since 1998, the company’s total production capacity has increased from 3 MW to 2.45 GW. As a solar panels supplier, Yingli Solar has been leading the industry in the number of patent applications for 10 consecutive years.
Main Products
Address
No. 2599, Xiangyang North Street, High Tech Zone, Baoding City, Hebei
commerce@yingli.com
Canadian Solar
Canadian Solar specializes in the R&D, manufacturing and sales of photovoltaic products that convert solar energy into electricity. Professional Chinese solar panel manufacturing company has professional solar energy experts. After years of development, Canadian Solar has grown into one of the largest solar panel solution providers in the world. If you have any difficulty about solar panel, you can go to Canadian Solar. Canadian Solar ensures that your solar panel project is built cost-effectively and runs flawlessly.
Main Products
Address
JinkoSolar
You will get efficient and thoughtful service from BEBEST.
Canadian Solar specializes in the R&D, manufacturing and sales of photovoltaic products that convert solar energy into electricity. Professional Chinese solar panel manufacturing company has professional solar energy experts. After years of development, Canadian Solar has grown into one of the largest solar panel solution providers in the world. If you have any difficulty about solar panel, you can go to Canadian Solar. Canadian Solar ensures that your solar panel project is built cost-effectively and runs flawlessly.
Main Products
Address
JA Solar
Established in 2005, JA Solar is a professional solar panel manufacturing company. The industrial chain covers silicon wafers, batteries, modules and photovoltaic power plants. JA Solar’s products are sold in 135 countries and regions around the world. With continuous technological innovation and advanced service network, JA Solar has become one of the most popular solar panel manufacturers in China in the world. Whether for commercial or residential use, you can see high-quality photovoltaic modules from JA Solar in more than 120 countries and regions around the world.
Main Products
Renesola
ReneSola has created a complete photovoltaic industry chain from primary polysilicon to photovoltaic application systems. As a solar panel manufacturers in China, ReneSola has cast the photovoltaic brand with the best quality in the industry. At the same time, ReneSola has become a world-class photovoltaic company.
ReneSola focuses on R&D and manufacturing polysilicon, silicon wafers and high-efficiency solar modules. The solar panel supplier provides high-quality power plant solutions for global customers.
Main Products
Adrdress
No.5 fuqiang road, Xuejia town, Xinbei district, Changzhou city
sales.cn@renesola-energy.com
Hanwha Solutions
Hanwha Solutions is known for world-class technology. So far, Hanwha Solutions has become a global leader in solar panel manufacturing company. Hanwha Solutions has the ability to drive the development of the global solar industry. Hanwha Solutions’ products are not only for residential use but also for commercial use. Hanwha Solutions has made great efforts to promote the development of solar panel. Today, Hanwha Solutions has been affirmed by users all over the world.
Main Products
Adrdress
27F Taikang Finacial Tower, No.38 Yard East 3rd Ring North Road, Chaoyang District, Beijing, 100026, China
Suntech
Suntech is a solar panel manufacturers in china integrating R&D, production and sales. Mainly engaged in crystalline silicon solar cells, modules, and photovoltaic system engineering. For 21 years, Suntech has been committed to the research and development and production of solar panels. The products are sold to more than 100 countries and regions around the world. Suntech hopes to become one of the most reliable solar panels suppliers through continuous innovation.
Main Products
Adrdress
Alfred-Herrhausen-Allee 3-5, 65760 Eschborn, Germany
sales@suntech-power.com
Sharp Energy
Sharp Energy has 60 years of experience in the global solar industry. Sharp Energy provides solar panel solutions for customers. Sharp Energy is known for its excellent products and uncompromising service. Of course, Sharp Energy products are manufactured to strict quality standards. If you need solar panel solutions, you can look for Sharp Energy, a professional china best solar panel manufacturer.
Main Products
Adrdress
3-1-72 Kita-Kamei-cho, Yao, Osaka 581-8585, Japan
Why Does China Solar Panel Manufacturer Have Such A Big Advantage?
How to Choose A Reliable Solar Panel Manufacturers in China
According to statistics, there are thousands of solar panel manufacturers in China. Almost all solar panel brand manufacturers only produce fixed models of high-power solar panels. So, if you can find a solar panel factory that is not a big brand name, you can get the following advantages from it. The solar panel size, power, voltage and other details can be customized according to your requirements. The same quality, the price is 20% to 30% cheaper than brand-name solar panels. And there is no high MOQ limit.
It is not an easy task to choose one or several solar panel factories as your long-term suppliers. We hope that through the following suggestions, you will have a better experience in screening your solar panel manufacturers in china.
In fact, we, ADNLITE, are a solar panel supplier with a history of about 10 years. We have enough professionals to answer your questions. Come and contact us!
The company is the world’s best China solar charged fan supplier supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.