The global solar market will continue to slow in 2025 after 2024 saw the total capacity growth rate decrease by over 50%, according to a report from SolarPower Europe (SPE).
CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.
Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”
