Longi Leads Solar Panel Makers into Battery Storage
Update: 2025-11-14
Description
On November 14th, Chinese solar equipment producers, including Longi Green Energy, are pivoting from solar panels to battery storage solutions due to a severe oversupply issue. Longi is acquiring a majority stake in PotisEdge, a local battery storage manufacturer, as part of a broader industry trend. This shift comes amidst intense competition, low-quality production, and significant job cuts in the sector. Despite ongoing losses, Longi is optimistic about returning to profitability through their new focus on energy storage.
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