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Energy

Oversupply of solar panels set to ease in 2025

Kenanga Research anticipates that industry consolidation and upcoming factory closures will contribute to rebalancing the market.

PETALING JAYA: There are expectations that the oversupply situation in the solar panel manufacturing industry could ease in the months ahead, analysts say.

This follows reports that leading solar panel manufacturers from China including LONGi Green Energy Technology Co Ltd, Tongwei Co Ltd and JA Solar Holdings Co Ltd continued to report losses on capacity over-expansion.

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SolarIndustry , RenewableEnergy , CapacityAdjustment , MarketRebalancing , SolarPanels , EnergyConsolidation , GlobalOversupply

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