China's Solar Factories Face Production Decline

China's solar factories are facing reduced output and potential bankruptcies due to a price war and overcapacity, leading to plummeting prices for thin wafers. Wafer factories are operating at low capacity, with larger companies like Longi Green Energy Technology and TCL Zhonghuan Renewable Energy Technology maintaining high utilization rates. Smaller manufacturers are selling at near their production costs, while manufacturers of polysilicon are adjusting their expansion plans.