LONGi Solar Celebrates 20 Consecutive Quarters of AAA Rating in PV-Tech Bankability

LONGi Solar Maintains AAA Rating in PV-Tech Bankability Ratings

In a significant achievement, LONGi Solar has announced that it has retained its AAA rating in PV-Tech's Q4 2024 PV ModuleTech bankability ratings. This recognition marks the company's 20th consecutive quarter at this prestigious level, underscoring its unwavering commitment to quality, innovation, and stability within the photovoltaic industry.

LONGi’s consistent performance is a testament to its robust operational metrics and its focus on advancing solar technology. The PV ModuleTech bankability ratings are the result of an in-depth evaluation of manufacturers across various critical dimensions. These dimensions include value chain strength, production capacity, global shipment profiles, capital expenditures (capex), research and development investments, and cash-flow management.

Throughout the years, LONGi has established itself as a leader in the solar sector. The company leverages its extensive technological knowledge and advanced intelligent manufacturing capabilities to drive continuous innovations. Notably, the company has achieved significant breakthroughs in its HPBC2.0 technology, adapting to both utility-scale and distributed solar energy scenarios.

In May 2024, LONGi launched the Hi-MO 9, a utility photovoltaic module product utilizing HPBC2.0 solar cells in Spain. This high-performance module boasts a maximum output power of 660W and an impressive conversion efficiency of 24.43%. Additionally, during the Shanghai Rolex Masters in October 2024, LONGi unveiled the Hi-MO X10, a distributed PV module product that also employs HPBC2.0 solar cells. The Hi-MO X10 sets a new benchmark with a maximum production power of 670W, surpassing competitive TOPCon modules by over 30W in the same area and achieving a maximum efficiency of 24.8%.

Moreover, LONGi's recent successes include winning the first phase of a 500MW PV power plant project in Inner Mongolia, China. This significant milestone highlights the market’s recognition of LONGi's HPBC2.0 technology products and the effectiveness of its innovations. The commitment to enhancing product efficiency and reliability demonstrates LONGi's focus on meeting the evolving demands of global energy sectors.

LONGi’s achievements reflect the trust and acknowledgment it has garnered from stakeholders in the global photovoltaic landscape. The company is dedicated to adapting to market changes and continuing to deliver exceptional value to its customers and partners. Looking ahead, LONGi remains steadfast in its mission to "make the best of solar energy to build a green world," emphasizing technology innovation and sustainable energy solutions.

Founded in 2000, LONGi Solar has emerged as a leading entity in solar technology, committed to customer-driven value creation for energy transformation across a full spectrum of applications. The company’s mission revolves around harnessing solar energy to foster a greener world, covering sectors ranging from mono silicon wafers, cells, and modules, to commercial and industrial distributed solar solutions, as well as emerging green hydrogen products. For further information, visit LONGi's official website.