#Spain #Seville #TOPCon #LONGi BC #Enertis

LONGi Modules Shine in New Energy Costs Analysis

In a notable analysis released by Enertis Applus+, a global leader in engineering consultancy, the performance differences between LONGi's BC modules and TOPCon modules were scrutinized in a comprehensive study. The focus was on a 47 MW single-axis tracking photovoltaic (PV) project in Seville, Spain. The aim was to evaluate the economics of these technologies in terms of energy production efficiency and cost-effectiveness.

The study illustrates a striking distinction between the two technologies. The research concluded that LONGi's HPBC2.0 Hi-MO 9 modules exhibit a remarkable advantage, boasting a 3.4% higher energy efficiency per watt generated compared to their TOPCon counterparts. When analyzing the first year of power generation, the Hi-MO 9 modules produced 2,209 operating hours, which significantly surpasses the performance of the TOPCon modules by 2.4% to 3.4%. This directly correlates to enhanced revenue generation for projects employing LONGi's technology.

Furthermore, the financial analysis provides compelling insights into the pricing structures. Despite the Hi-MO 9 modules being priced at just a slight premium of 0.7 cents per watt over TOPCon modules, the overall capital expenditures remain competitive. This can be attributed to an optimized system design and cost structure that allows for effective budget management.

A pivotal takeaway from the study is the industry-leading Lowest Levelized Cost of Electricity (LCOE) reached by LONGi's Hi-MO 9 modules, quantified at €0.02706 per kWh. This value is 3.92% to 4.47% lower than that of TOPCon modules. The cost benefits stem from a dual approach; they achieve better energy yield per unit and leverage reductions in variable costs due to improved compatibility with tracking systems and minimized energy loss.

The findings solidify the unique potential of BC technology in amplifying return on investment across a project's lifespan. The combined effects of increased efficiency and cost control demonstrated by LONGi's approach not only enhance the attractiveness of solar energy installations but also contribute significantly to global decarbonization goals. This aligns with the broader push towards sustainable practices in energy generation amidst ongoing climate challenges.

In summary, LONGi's continued innovation in solar technology, as highlighted in this analysis, places it ahead in terms of both energy efficiency and economic viability, making it a key player in advancing renewable energy solutions worldwide. With these insights, stakeholders in the renewable energy sector, including investors and project developers, can make informed decisions that bolster their initiatives and enhance competitiveness in the ever-evolving energy market.