Beijing110 listed solar firms cut 222,800 jobs in 2 years.
China’s solar capacity passed coal in July, yet over 70% of leading firms lost money in 2025.
A glut cut module prices over 50%, and firms answered with pay cuts and five-month forced holidays to prompt resignations.
Coraline Goron of Duke Kunshan University cautions that such tactics come from firms unable to afford wages or layoffs.
Interim reports show revenue contracting across the industry in the first half of 2026.
Sources: Dialogue Earth