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2024-04-30 05:48:46

Jenny Chase on Nostr: Longi Green's market cap was $73.4 billion in 2021, and now it's $19.1 billion. ...

Longi Green's market cap was $73.4 billion in 2021, and now it's $19.1 billion. Similar for the other major crystalline silicon manufacturers.

I frequently say that solar manufacturing is a horrible business to be in, but wow.

(Up to a certain point you shouldn't worry about market cap because it is partly a function of perception, and you shouldn't care how you are perceived as long as you can execute your plans. But still, that's a big drop).
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