Longi Green Energy Q1 Loss Widens

Longi Green Energy posted Q1 net loss of 1.92 billion yuan, up from 1.43 billion yuan a year earlier in the quarter.
Solar module prices rose 15‑20% in the quarter, driven by higher silver costs, yet overcapacity significantly pressured earnings.
Chinese solar cell exports jumped 38% YoY, with an 80% surge in March after the Iran war began.
Longi forecasts 2025 net loss narrowing to 6.4 billion yuan from 8.6 billion yuan, citing weak prices, low utilization, polysilicon and silver paste costs.