Longi Green Energy reported a wider first-half net loss on August 30, 2025, as the global solar downturn stretches past two years. This guide shows you how to check whether your clean-energy ETFs or funds hold Longi and its peers, how to spot which solar name is dragging your returns, and how to set status alerts on the sector so you're never surprised by a filing again.
Why is Longi Green Energy reporting bigger losses in 2025?
Longi Green Energy, the world's largest maker of monocrystalline solar wafers, reported a deeper first-half net loss on August 30, 2025, as chronic overcapacity keeps crushing panel prices. The pain is not company-specific. It is a sector-wide downturn now stretching past two years.
The core problem is simple math. Chinese manufacturers built far more panel and polysilicon capacity than global demand can absorb, so module prices have fallen roughly 50% from their 2023 highs. That drags margins to the bone across the entire supply chain.
- Longi (601012.SS), wafers and modules, deeper H1 net loss year over year.
- JinkoSolar (JKS), thin margins as module ASPs slide.
- First Solar (FSLR), more insulated thanks to US manufacturing credits.
- Enphase (ENPH) and SolarEdge (SEDG), inverter names hit by weak residential demand.
If you hold a clean-energy ETF, you almost certainly own several of these names without realizing it. The next step is finding out exactly how much.
How do I check if my clean-energy ETF holds Longi?
To check if your ETF holds Longi, open the fund's full holdings list and search for the ticker 601012.SS or the name Longi, then note the portfolio weight. Most solar and clean-energy funds publish holdings daily or monthly.
The most widely held solar ETF, the Invesco Solar ETF (TAN), has historically carried Longi as a top-ten position alongside First Solar and Enphase. Broad clean-energy funds like iShares Global Clean Energy (ICLN) dilute solar exposure across wind, hydrogen and utilities.
Where to find the holdings file
- Go to the fund issuer's official product page and download the daily holdings CSV.
- Search the file for Longi, JinkoSolar, First Solar and other solar names.
- Add up the combined solar weight, not just the single Longi line.
- Compare that weight against how much of your total portfolio the ETF represents.
A 6% Longi weight inside a fund that is only 4% of your portfolio means Longi is roughly 0.24% of your net worth. Context matters before you react to a scary headline.
Which solar holding is actually dragging my returns?
The solar holding dragging your returns is the one with the largest negative contribution, meaning its position size multiplied by its price decline, not simply the name with the biggest percentage drop. A tiny position down 60% hurts less than a big position down 20%.
This is where a lot of investors misread their own portfolios. Contribution to return is what counts, and it is a function of two things: how far a holding fell and how much of it you own.
| Holding | Weight in portfolio | Return YTD | Contribution |
|---|---|---|---|
| TAN (solar ETF) | 8% | -22% | -1.76% |
| ENPH | 3% | -35% | -1.05% |
| JKS | 1% | -40% | -0.40% |
In this example the TAN ETF is the biggest drag even though JinkoSolar fell harder. PortfolioTrackr handles this by breaking down each holding's contribution to your total return, so you see the real driver instead of guessing from the ugliest percentage.
Look through your funds, not just at them
Your headline ETF line can hide overlapping exposure. If you own both TAN and ICLN, you may hold First Solar twice and not know it. Manually mapping fund holdings catches this concentration before it bites.
- List every fund and its top ten holdings.
- Flag any single company appearing in two or more funds.
- Sum the true underlying exposure to Longi, First Solar and Enphase.
Can I track Chinese and global solar stocks in one place?
Yes, you can track Chinese A-shares, US-listed ADRs and global solar names together in one dashboard, converted into a single display currency. This matters because solar is a genuinely global sector spread across many exchanges.
PortfolioTrackr supports 95 stock exchanges and 67 currencies, so a portfolio holding Longi on the Shanghai exchange, JinkoSolar as a US ADR and a London-listed clean-energy fund all show up in one consolidated view. You are not flipping between three broker apps to see one theme.
- 601012.SS, Longi Green Energy, Shanghai Stock Exchange.
- JKS, JinkoSolar ADR, New York Stock Exchange.
- FSLR, First Solar, Nasdaq.
- TAN and ICLN, US-listed clean-energy ETFs.
Connecting a broker is optional. You can add positions by manual entry, voice, text, CSV or a broker screenshot on any plan, which is handy when your A-share holdings sit at a broker that does not sync automatically. If you do want automatic sync, our guide on how to connect your brokerage account to a portfolio tracker walks through the options.
How do I set alerts on the solar sector?
Set alerts by defining your own price levels on each solar holding, then letting the tracker report status when those levels are reached. PortfolioTrackr monitors prices continuously through market hours and fires the alert as soon as your level is hit.
The tool reports status against your own targets, it does not give advice. You decide the levels; PortfolioTrackr tells you when reality reaches them.
- Still below target, the level has not been reached yet.
- Target 1 reached, your first upside level printed.
- Target 2 reached, your second level printed.
- Stop-loss level reached, your downside level printed.
Practical alert levels for a solar downturn
Because the sector is volatile, tie your alerts to meaningful technical or fundamental levels rather than round numbers. A few examples of levels investors watch:
- A stop-loss level on ENPH under its prior 52-week low.
- A recovery target on TAN at its 200-day moving average.
- A downside level on Longi tied to its post-earnings gap.
You can also set an alert around the next earnings date so you are watching before the filing, not reacting after it. The same discipline that applied to reading through a surprise like MINISO beating guidance while its stock fell applies here: the reaction often matters more than the number.
Should I sell my solar ETF after Longi's loss?
Whether to sell is your decision, and it should rest on position sizing and time horizon, not a single earnings headline. PortfolioTrackr reports status against your levels; it never issues buy or sell signals.
Before acting, run the numbers on what solar actually represents in your portfolio:
- What is your total solar weight across all funds and single stocks?
- Is the drag concentrated in one name or spread across the theme?
- Does your time horizon match a multi-year capacity glut working itself out?
Overcapacity cycles historically resolve through capacity cuts and consolidation, which can take quarters. Some investors trim; others hold or average in. The right move depends on your plan, not on Longi's H1 print. Related macro reading, such as our look at China's factory PMI at 49.8, helps frame the demand backdrop for Chinese manufacturers.
Why a portfolio tracker beats a broker app for sector analysis
A portfolio tracker beats a single broker app for sector analysis because it consolidates holdings across every account and lets you slice exposure by theme, something broker apps rarely do well. Your solar exposure is useless information if it is split across three logins.
A dedicated tracker gives you:
- Look-through exposure, so you see Longi inside your ETFs, not just the ETF ticker.
- Contribution to return, so you know which holding is the real drag.
- Multi-currency, multi-exchange views across 95 exchanges and 67 currencies.
- Continuous status alerts on your own levels through market hours.
If you are still juggling tabs, our portfolio tracker vs spreadsheet comparison shows why manual sheets break down once you hold funds across several markets.
The bottom line
Longi's wider first-half loss is a symptom of a two-year solar overcapacity cycle, not an isolated stumble, and it likely touches your clean-energy funds through look-through holdings. Check your true solar weight, identify the holding with the biggest negative contribution, and set status alerts on your own levels.
PortfolioTrackr lets you see Longi, JinkoSolar and First Solar across every account and currency in one view, so you respond to your actual exposure rather than a headline. The number that matters is your position size, not the size of the loss on the screen.
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Frequently asked questions
Does the Invesco Solar ETF TAN hold Longi Green Energy?
The Invesco Solar ETF (TAN) has historically held Longi Green Energy as a top-ten position alongside First Solar and Enphase. Weights change, so always check the fund's official daily holdings file for the current Longi allocation before assuming exposure.
How do I find out which stock is dragging my ETF down?
Look at contribution to return, which is each holding's weight multiplied by its price change, not just the biggest percentage drop. A large position down 20% often drags more than a tiny position down 40%. PortfolioTrackr breaks this down automatically across your holdings.
Can I track Chinese A-shares like Longi in a portfolio app?
Yes. PortfolioTrackr supports 95 stock exchanges including Shanghai, so you can track Longi (601012.SS) alongside US ADRs and global ETFs in one view. Add positions by manual entry, voice, text, CSV or a broker screenshot on any plan, no broker connection required.
Why are solar stocks down for so long?
Solar stocks are down because Chinese manufacturers built far more panel and polysilicon capacity than global demand can absorb, pushing module prices roughly 50% below 2023 highs. This overcapacity crushes margins across the supply chain, and such cycles typically take several quarters to resolve through capacity cuts and consolidation.
How do I set price alerts on solar stocks?
In PortfolioTrackr you define your own target and stop-loss levels on each solar holding. The app monitors prices continuously through market hours and reports status such as Target 1 reached or stop-loss level reached as soon as your level is hit. It reports status only and never gives buy or sell advice.