In the context of the Carbon Peaking and Carbon Neutrality Goals, green, efficiency and reliability are undoubtedly the most critical factors in building the new power system with new energies. In a historical view, the reliability of new power system to new energy generation system is far beyond the proceeding system.
The process of peaking carbon dioxide emissions and realize carbon neutrality is like a "marathon" for countries, enterprises and individuals. It never happens overnight but requires long-time efforts. While forging reliable and stable products, we must also withstand the test of time.
LONGi is persistent in long-term reliability
If "technology-led" is innate in LONGi, then "stability and reliability" is the "bottom line" of LONGi.
As a global leading solar technology company, LONGi has always been persistent in long-term reliability, taking long-term product reliability as the basic principle of product development. This is especially true for PV modules that will be in service for 25 or even 30 years.
In this March, PV ModuleTech released its module manufacturer bankability rating for the first quarter of 2022, and LONGi had landed its top rank consecutively with its absolute advantages. It is the only module supplier with AAA rating in the world, which the highest rating available among global module suppliers.
LONGi's continuous AAA rating as a module supplier is a strong proof of its leading manufacturing and technology capability, and also demonstrates the solid and reliable comprehensive strength of LONGi.
Coincidentally, the same result has also been verified by BloombergNEF (hereinafter referred to as BNEF). According to the PV Module & Inverter Bankability 2021 report released by BNEF, LONGi was awarded a 100 percent bankability rating for a second year for its robust financial performance, reliable product quality and a positive corporate goodwill. This not only indicates that the LONGi brand is more helpful for project developers to obtain bank financing, but also means that LONGi has become a well-trusted partner for global users because of its high reliability.
In 2021, LONGi further took the lead in releasing its "Lifecycle Quality" to escort the construction of a new power system dominated by new energies in China with higher safety, reliability and stability.
Time is the most valuable metric. "Investment is the balancing of consumption over time" by Irving Fisher in The Theory of Interest is taken as the rule of economics. Instant interest can never maximize the value. In the face of renewed challenges of technological innovation in the future of PV, the reliability of solar plants from innovation needs to be tested by time.
Only those who are persistent in long-term reliability over time can keep up with the times.
Innovations maximize the value of every ray of sunshine.
Zhong Baoshen, Chairman of LONGi, ever said, "LONGi takes reliability as the primary criterion while making innovations, so that our energy assets in long-term operation can be preserved and play their role in real sense".
Guided by the principle of "Stability, Reliability and Technology-led", LONGi keeps launching products and technologies of customer value. Just in this past March, LONGi broke the world record of cell conversion efficiency twice in one week, marking another technological breakthrough after breaking the world record seven times in 2021.
These breakthroughs should be owed to LONGi's persistence in self-innovation, forward-looking planning, and overall considerations from the perspective of customers on a time basis. LONGi has pushed the limit of human beings' commercial application of solar energy to a higher level by breaking world records time and again, not only showing the way of industry evolution, but also leading the continuous progress of the green energy cause.
LONGi stays true to the original aspiration as firm as a rock and keeps concentrated on difficult yet right things. LONGi believes that the main course of PV industry innovation and development should focus on the improvement of cell conversion efficiency, the expansion of PV application scenarios, etc. For the PV industry, the core and fundamental of technological innovations should lie in maximizing the value of each ray of sunshine to the fullest extent possible.
Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of 'Utilizing Solar Energy, Building a Green World' and brand philosophy of 'Steadfast and Reliable Technology Leadership', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers, cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has, more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com