LONGi Green Energy Technology made its debut in Forbes’famed business ranking – Forbes Global 2000 – at the 1794th place for 2019, ranking 1087th and 1550th in terms of market value and profit respectively.
With a five-year compounded revenue growth rate of 57.34%, LONGi Green Energy Technology also entered Forbes’ Global 2000 Growth Champions List for 2018, ranking 27th in the world. The list is a blockbuster annual ranking released by Forbes in partnership with Statista, focusing on the revenue growth of all the companies on the Forbes Global 2000 list, and ranking the top 250 companies in the world based on the compounded annual growth rate in the last four years.
In 2018, LONGi redoubled its focus on the research and development of monocrystalline technology as well as the manufacturing of efficient monocrystalline photovoltaic products. This led to further reduction of the costs of photovoltaic products and the LCOE , repeatedly breaking records for photoelectric conversion efficiency of monocrystalline PERC cells and modules, allowing the company to maintain technological leadership in the industry.