Caixin
Nov 03, 2022 05:10 AM
BUSINESS

China Solar Giant Sees Further Turmoil in U.S. Market Next Year

Longi Green Energy Technology Co. projects 20 gigawatts to 50 gigawatts of U.S. solar demand in 2023
Longi Green Energy Technology Co. projects 20 gigawatts to 50 gigawatts of U.S. solar demand in 2023

(Bloomberg) — The world’s largest solar company warned that stricter U.S. import requirements for panel shipments will continue to disrupt the American market through next year.

Longi Green Energy Technology Co. projects 20 gigawatts to 50 gigawatts of U.S. solar demand in 2023, the Chinese company said Monday in an earnings briefing, according to a note by Daiwa Capital Markets. Longi indicated that the wide range reflects uncertainty caused by American import restrictions.

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