“Going out” strategy becomes necessary for Chinese solar companies
Li Zhenguo, founder and president of LONGi Green Energy
Globally, countries’ demand for solar panels is increasing, while there is an emerging policy trend to support establishing local supply chains. For Chinese companies, this means expanding our investment and operation into overseas markets has become necessary. Nevertheless, building factories overseas is difficult and becoming even more complex. The implications of America and Europe’s recent policies for domestic supply chains remain uncertain to Chinese players.