About Profits of Longi photovoltaic panels
Longi's revenue reached 18.9 billion U.S. dollars in 2022, an increase of roughly 6.4 billion U.S. dollars from the previous year. Longi is one of the leading solar PV module manufacturers worldwide.
Longi's revenue reached 18.9 billion U.S. dollars in 2022, an increase of roughly 6.4 billion U.S. dollars from the previous year. Longi is one of the leading solar PV module manufacturers worldwide.
October 30th, 2024 – On October 30th, 2024, LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as "LONGi") released its 2024 Q3 financial report. The report shows that the company achieved a revenue of CNY 58.593 billion in the first three quarters of this year. Among them, the third quarter achieved a revenue of CNY 20.064 billion, and the net profit attributable to the .
In terms of results for Q1 2022, the company achieved an operating revenue of CNY 18.595 billion, up 17.29% compared to the same period in the previous year, and continues to lead the PV industry. LONGi sees significant potential for global energy transition and opportunities linked to the pursuit of worldwide carbon neutrality and has set .
In 2022, the company has broken the world records of solar cell efficiency for 7 times. Set R&D efficiency of HJT to 26.81%. It is the highest record of silicon solar cell efficiency worldwide. The R&D efficiency of perovskite-silicon tandem solar cells reached 29.55%.
For the first quarter of 2023, LONGi’s revenue reached 28.319 billion yuan, up 52.35% from last year. In the report, LONGi announced that its 2023 revenue is expected to surpass 160 bln yuan. LONGi’s 2022 net profit attributable to shareholders of the listed company was 14.812 billion yuan, a y-o-y increase of 63.02%.
As the photovoltaic (PV) industry continues to evolve, advancements in Profits of Longi photovoltaic panels have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Profits of Longi photovoltaic panels for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Profits of Longi photovoltaic panels featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
3 FAQs about [Profits of Longi photovoltaic panels]
Is Longi a good PV module supplier?
In PV ModuleTech Bankability Ratings Report, LONGi has, thanks to its excellent manufacturing capability and financial health, became the world's only AAA-rated module supplier in the past three years, which is currently the highest level in this ratings report, evidenced by industry-leading financial health index.
Why is Longi a good choice for China's photovoltaic industry?
With trade disputes (WRO) and other ad-hoc issues having an impact on China’s photovoltaic industry, LONGi’s advantage in not relying on a single market allows it to perform consistently well and meet growth expectations.
How much does a photovoltaic system cost in China?
According to the China Photovoltaic Industry Association, the initial investment costs of China's ground photovoltaic system totaled about RMB 4.15/W, up RMB 0.16/W (or 4%) from 2020, of which the modules accounted for approx. 46%, up about 7 percentage points from 2020.
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