LONGi reported a net loss of 1.261 billion CNY (€170 million) in Q3 of this year. To return to profitability, the Chinese manufacturer is increasingly relying on high efficiency PV modules with back contact technology.
LONGi has published its financial report for the first half of 2024. The integrated Chinese module manufacturer generated revenues of the equivalent of 5.03 billion euros in the period. One challenge, however, is the low PV manufacturing capacity utilization rate of less than 50 percent. Growth with the new HPBC 2.0 back-contact series is expected in 2025.
LONGi Solar and Senergia, a leading Swedish wholesaler of solar energy, teamed up to support the non-profit "Project Vita" by donating a solar-powered freshwater system for a maternity clinic in the village of Linga Linga in Mozambique.
LONGi and UK based Octopus Energy closed a strategic partnership on high-efficiency photovoltaic technology with the aim to significantly boost the global renewable energy capacity.
LONGi has made significant optimizations at its Jiaxing Lighthouse Factory, achieving a 43% increase in product quality, an 84% reduction in production and delivery cycles and a 20% reduction in energy consumption per unit.
LONGi launches new solar module innovations based on back contact technology and introduces rectangular M11 wafer with improved performance at Intersolar Solar Europe 2024 this week.
Leon Zhang, President Utility Europe of LONGi, on the company's business strategy, customer service, the importance of the European market, manufacturing in Europe, competition, regulation and technology trends.
Chinese module manufacturer Longi is also presenting something new: the Hi-MO X6 Artist (Ultra Black) module has been redesigned. The black module focusses on aesthetics, as there is no visible front grille.
Longi presented its BC-based Module Hi-Mo 9 yesterday evening in Madrid, which uses silicon solar cells with a world record efficiency of 27,3 %.
Longi announced the launch of its newly developed Tera silicon wafers for the mass market in September. They are suitable for the currently prevailing solar technologies such as Topcon, heterojunction (HJT) and back contact cells (BC).
Longi has been awarded the Silver Sustainability Rating by EcoVadis, the international authoritative corporate social responsibility (CSR) assessment platform.
Engin Yaman, Managing Director of LONGi Germany, on current market developments, the security of supply chains and price developments, the discussion on Chinese price dumping and the business strategy for Europe and Germany.
Chinese PV module and cell manfacturer Longi and London based Ferroglobe PLC, producer of Silicon Metal and Ferroalloys, have entered into a long-term supply agreement.
Longi and Naturgy have signed a PV module shipment agreement for Naturgy’s 2024 solar projects in Spain. Longi will deliver just over 1 million modules from its Hi-MO 5 series, with a total output volume of 574 MW.
Longi has signed a 576 MW sales agreement with Nofar Energy Romania, implementing the latest generation of its high efficiency modules.
Longi announced that its Jiaxing Production Base has been recognized by the World Economic Forum (WEF) as a Global Lighthouse Factory, the world’s first solar module manufacturing base joining WEF's Global Lighthouse Network (GLN).
Longi has set a new world record of 27.09% for the efficiency of crystalline silicon Heterojunction Back Contact (HBC) solar cells, certified by the Institute for Solar Energy Research Hamelin (ISFH) in Germany.
As part of COP28, LONGi recently announced a new three-year partnership with UNHCR, the UN Refugee Agency. The company will also provide solar systems and solutions as well as solar energy skills training to support refugees and host communities.
During the 6th China International PV Industry Conference (Chengdu, China, 13-16 November 2023), Martin Green, Professor at the University of New South Wales, Australia, shared his view that IBC technology (Interdigitated Back Contact) will dominate the industry landscape. Here’s how:
Solar Express and Chinese solar module supplier LONGi have agreed a three-year deal to supply the new Himo X6 solar modules. The high-performance panels use HPBC technology, in which the cells are contacted on the back.
Longi donated 20 kW of high-efficiency PV modules to AL Zaharaa Hospital in Beirut/Lebanon. Frequent power outages have hindered the hospital's ability to provide consistent care.
Longi has taken further steps to fulfill its commitment to carbon reduction by actively exploring new paths for low-carbon transformation. As a result of the investigations, the company is building an almost zero-carbon PV plant
Longi announced that its emission reduction targets were approved by the independent Science Based Targets initiative (SBTi). With the approval, Longi has become one of more than 4600 companies worldwide that have joined the SBTi and set science-based targets.
A solar storage unit for the balcony, a redox flow home storage system and two bifacial solar modules for different use cases. These are our top products of the week:
LONGi recently launched its new M10 solar module with Hi-MO 7. Designed for large ground-mounted solar systems, it comes with a number of new features. More details here:
