World's Largest Solar Manufacturer Is Fueling a Price War

Longi solar panels on the rooftop of an office building in Xi'an.

Bloomberg
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The world’s largest solar manufacturer slashed prices for a key component as growing capacity in the sector intensifies cost competition.

Chinese company Longi Green Energy Technology Co. cut wafer prices by as much as 31% on Monday. Wafers are silicon squares that are wired up and pieced together to form solar panels.