LONGi has retained its prestigious AAA ranking in PV-Tech’s Q2 2024 PV ModuleTech bankability ratings, marking the 18th consecutive quarter the company has achieved this status.
The PV ModuleTech bankability ratings offer a comprehensive assessment of photovoltaic (PV) manufacturers, evaluating key criteria such as value chain strength, production capacities, global shipment profiles, capex, R&D investment, cash-flow management, profitability, and turnover. LONGi's sustained AAA ranking underscores its robust performance across these metrics, reinforcing its position as a trusted market leader in the solar industry.
LONGi's commitment to innovation and technological advancement remains unwavering. The company continues to invest significantly in research and development, focusing on enhancing product efficiency and reliability to meet the evolving needs of global energy markets.
LONGi stays on its back contact technology path
In recent months, LONGi has made significant strides in various new technology fields, launching major products such as the TaiRay silicon wafer, HPBC 2.0, Hi-MO 9, and Hi-MO X6 Max. These products showcase LONGi’s profound expertise in silicon wafer and cell technology and its dedication to the back contact (BC) technology path, capturing widespread market attention. Leveraging the robust growth potential of the BC platform technology, LONGi is poised to swiftly introduce new products tailored to meet market demands.
LONGi pushes efficiency limits further
During the first half of 2024, LONGi established several new world records for solar cell efficiency. In May, the company announced a world-record efficiency of 27.30% for its silicon heterojunction back-contact (HBC) cells, certified by Germany’s ISFH. This achievement was followed by a new record of 30.1% efficiency for commercial M6 size wafer-level silicon-perovskite tandem cells in June, certified by Fraunhofer ISE. Additionally, LONGi announced a further record of 34.6% tandem cell efficiency at SNEC 2024. These milestones highlight LONGi’s leading position in pushing the efficiency limits of tandem solar cell prototypes and mark significant progress in the commercial viability of the technology.
About LONGi
Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com/au