Longi Central R&D Institute is a world-class facility for the company to carry out research and development in the photovoltaic industry. The significance of the company's R&D project lies in its ability to attract top-tier scientific research talent, advance the transformation and application of scientific research achievements, and accelerate the expansion of the green energy industry.
The company believes that Longi`s Central R&D Institute will attract more than 4000 high-end scientific research talents, with more than 85% of the employees holding a master's degree or a doctorate, and around 20 percent of the personnel being top researchers in the field of new energy.
Technological innovation key reducing PV costs
“We hope that Longi Central R&D Institute will become the world's top research and development platform for photovoltaic solar technology, maintain the industry's leading edge in basic research, forward-looking research, and application scenarios, and attract outstanding photovoltaic researchers from all over the world for collaborative innovation,” Zhong Baoshen, Chairman of Longi said at the inaugural ceremony.
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Technological innovation is the key to promoting the reduction of photovoltaic costs. Longi believes that the essence of photovoltaic power generation is to reduce the cost of LCOE as much as possible and optimize the value of every ray of sunlight to the fullest.
1387 authorized patents
Longi has always attached great importance to technological progress, and the proportion of R&D investment in its annual revenue has always been stable at about 5%~7%, the company announced. Since the company went public in 2012, Longi has invested more than CNY 10 billion in R&D. As of 2021, the company has secured a total of 1,387 authorized patents. Since June last year, LONGi has broken through the conversion efficiency of photovoltaic monocrystalline solar cells 10 consecutive times, scripting a world record in the conversion efficiency of photovoltaic monocrystalline solar cells.
Just a few days ahead of the inauguration ceremony, seven enterprises based in Xi'an were included on the 2021 List of China's Top 500 New Economy Enterprises, with Longi ranking 12th. (hcn)
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