The latest market trend of LONGi photovoltaic panels

TrendForce has ranked the top six module manufacturers by shipment volume in 2022, with Longi topping the list, followed by Trina Solar and JinkoSolar.

According to Taiwanese market research company PVInfolink, Chinese PV module manufacturer Longi was the world's largest panel provider in 2021. The company was followed by Trina Solar, JA.

November 14, 2024 at 10:27PM EST. Li Zhenguo (David Paul Morris/Photographer: David Paul Morris/) (Bloomberg) -- China’s beleaguered solar industry, wracked by a glut and fierce price war, is already on the road to recovery, according to one of the country’s largest panel manufacturers. “We’re at a turning point,” Li Zhenguo, founder .

With the analysts estimating the market share of 210 modules at just over 20% for the same period and, with some major players choosing to base investment in new technology cells on M10, the trend would suggest its continued growth to achieve mainstream status.

During the reporting period, facing a market environment where new market opportunities and supply and demand pressures coexist, LONGi maintained a high intensity of R&D investment, driving product cost reduction and efficiency improvement through innovation, and technological upgrades and iterations, to build the company's differentiated .

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5 FAQs about [The latest market trend of LONGi photovoltaic panels]

What is Longi & how will it impact the PV industry?

LONGi aligns itself with Dr Green’s prediction for the technology’s trajectory, anticipating the rise of back-contact cells to become the main choice of the PV sector over the coming 5–6 years, redefining the industry landscape with a combination of high efficiency and aesthetics.

Will China's Longi Green Energy Technology 'adjust' production amid a 'complex industry environment'?

REUTERS/Muyu Xu/File Photo Purchase Licensing Rights BEIJING, June 4 (Reuters) - China's Longi Green Energy Technology (601012.SS), one of the world's largest solar panel manufacturers, said on Tuesday it would "adjust" production amid a "complex industry environment", but remains optimistic about the sector's future.

What is Longi Green energy photovoltaic (Xixian New Area) Phase 1?

The “Longi Green Energy Photovoltaic (Xixian New Area) Phase I” facility will have an annual HPBC 2.0 cell capacity of 12.5 GW. The project is scheduled to start production by the end of this year, with full operations to start by June 2025.

Why has the photovoltaic industry been hit?

The photovoltaic industry has been hit by various factors including price changes and trade policy adjustments this year, Longi said in a statement. The United States last month unveiled steep tariff hikes on Chinese imports including solar panels, electric vehicles and batteries.

Is Longi ready for mass production?

Longi said its HPBC 2.0 cell technology, launched in early 2024, is now ready for mass production. It said it plans to invest about CNY 3.21 billion ($442 million) in a new project in Xixian New Area, Shaanxi province. The “Longi Green Energy Photovoltaic (Xixian New Area) Phase I” facility will have an annual HPBC 2.0 cell capacity of 12.5 GW.

The latest market trend of LONGi photovoltaic panels