Longi Green Energy Technology Co., a well-known Chinese solar manufacturer, has announced its intention to establish a new solar cell factory in Yibin, Sichuan, with a capacity of 16 gigawatts.
Despite facing financial difficulties due to over-capacity in the solar supply chain and declining equipment prices, Longi is relying on technological advancements to navigate the saturated market.
The company's commitment to expanding its production capabilities demonstrates its confidence in the long-term potential of the solar energy sector.