LONGi Achieves Unmatched Success with AAA Rating Commitment
LONGi's Continued Excellence in PV ModuleTech Ratings
LONGi has proudly announced its continued retention of the AAA rating in PV-Tech's Q4 2024 PV ModuleTech bankability ratings. Achieving this prestigious designation for the 20th consecutive quarter emphasizes the company's unwavering commitment to quality, innovation, and leadership within the photovoltaic sector.
Understanding the Bankability Ratings
The PV ModuleTech bankability ratings arise from a comprehensive evaluation process, assessing manufacturers across critical factors such as value chain strength, production capacity, global shipping profiles, capital expenditure (capex), research and development investment, and effective cash-flow management. This rigorous analysis is pivotal for ensuring that stakeholders can trust the rating as an indicator of a company’s reliability and capability.
LONGi's Achievements in Technology
LONGi's AAA ranking reflects the company’s robust operational metrics and its commitment to advancing solar technology. Thanks to a firm foundation of technological expertise and efficient intelligent manufacturing, LONGi has made remarkable strides, particularly in its HPBC2.0 technology. The advancements in this technology have seen the successful release of products tailored for both utility and distributed energy scenarios.
Innovative Product Launches
A notable milestone occurred in May 2024 when LONGi introduced the Hi-MO 9, a utility photovoltaic module that capitalizes on HPBC2.0 solar cells. This cutting-edge product boasts a capacity of up to 660W and an impressive conversion efficiency of 24.43%. Just a few months later, in October 2024, the Hi-MO X10 made its debut during the Shanghai Rolex Masters. This innovative distributed PV module achieved a maximum mass production power that exceeds 670W, offering over 30W more than the competing TOPCon modules in the same area, with a maximum efficiency of 24.8%.
Strategic Project Wins
Recently, LONGi further demonstrated its market prowess by securing the first phase of a 500MW PV power plant project in Inner Mongolia. This accomplishment stands as a significant testament to the effectiveness of its HPBC2.0 technology products and reflects the growing recognition of LONGi’s innovations within the industry. Such developments highlight the company’s dedication to enhancing product efficiency and reliability, addressing the evolving demands of energy markets around the world.
Long-Term Vision and Commitment
LONGi's achievements and ongoing success can be attributed to the trust and recognition it has garnered from stakeholders across the globe. As a forward-thinking organization, LONGi remains steadfast in its mission to adapt to market changes while consistently delivering exceptional value to its customers and partners.
Looking ahead, LONGi is committed to its vision of 'making the best of solar energy to build a green world'. This vision is powered by its relentless pursuit of technology innovation and strong development of sustainable energy solutions, ensuring better energy generation practices for tomorrow’s world.
About LONGi
Established in 2000, LONGi has positioned itself as a leading solar technology company with a focus on creating customer-driven value across the entire spectrum of energy transformation. The company, under its commitment to maximize solar energy’s potential to promote environmental sustainability, operates through diversified business sectors including mono silicon wafers, cells and modules, and advanced hydrogen equipment. As they transition towards integrating green hydrogen products, LONGi underlines its mission to contribute effectively to global zero carbon development.
Frequently Asked Questions
What is LONGi's recent achievement in PV ModuleTech ratings?
LONGi recently maintained its AAA ranking in PV-Tech's Q4 2024 bankability ratings for photovoltaic module manufacturers.
What innovations has LONGi introduced?
LONGi has launched several new products, including the Hi-MO 9 and the Hi-MO X10, featuring significant improvements in efficiency and power output compared to previous technologies.
How does LONGi ensure its rating reflects its industry standing?
The bankability ratings reflect a thorough assessment of crucial factors like production capacity and R&D investment, validating LONGi's operational excellence.
What is the importance of the HPBC2.0 technology for LONGi?
The HPBC2.0 technology is central to LONGi's product development, enabling high-efficiency solar solutions that meet contemporary energy demands.
What is LONGi’s long-term mission?
LONGi aims to be at the forefront of solar energy innovation and sustainability, emphasizing creating a green world through advanced technologies.
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