BloombergNEF (BNEF) has published the results of its 2021 PV Module and Inverter Bankability Survey, focusing on the financing capability of global manufacturers. Based on its excellent performance, stable financial operations and positive reputation in the industry, Longi ranked top out of 52 companies in the survey for the second consecutive year, the company announced. Among groups surveyed were banks, fund managers, EPCs (engineering, procurement and construction companies), IPPs (independent power producers) and technical advisers.
The financial health of a manufacturer is an important consideration for banks. For pure-play, publicly quoted module manufacturers, the Altman-Z score is one way to assess financial health. Longi is one of only two companies with a score above 1.8, improving its balance sheet significantly in 2020 and 2021.
Longi Lifecycle Quality standard
The Bloomberg report also refers to module test data from PVEL (PV Evolution Labs) and RETC, independent third-party testing agencies, both of which gave Longi awards this year for outstanding PV module performance, demonstrating the consistent quality of the company’s cutting-edge technology and products.
Longi has also demonstrated its technology, management and customer values with the launch of the “Longi Lifecycle Quality” standard,aiming to provide global customers with access to the highest levels of quality and reliability throughout the lifecycle of the company’s product portfolio, Longi stated.
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Longi’s current full-range product portfolio consists of “Hi-RO Onyx”, “Hi-MO N”, “Hi-MO 5” and “Hi-MO 4”, with each product series optimized for different application scenarios. Hi-MO 4 (166mm size wafer) is suited to mountainous regions and areas where handling of modules can be difficult,
182mm – 166 mm wafer sizes
Hi-MO 5 (182mm size wafer) is a preferred product for ultra-large power plants, Hi-MO N (182mm size wafer) is particularly suitable for application on surfaces with high reflection, high temperature, limited land and high labour costs, with the new Hi-RO Onyx (166mm size wafer) a series of high-efficiency, high-power modules designed for residential rooftop applications. (hcn)
Read more: Longi: Record of 25.09% for n-type TopCon cell efficiency
