LONGi Graded as the Only AAA-Rated Module Supplier in Q1 2021 PV ModuleTech Bankability Ratings

Global News

PV-Techand Solar Media Research recently released the 2021-Q1 PV ModuleTechBankability Quarterly Ratings Report which revealed LONGi Solar maintainingits position as the sole manufacturer in the top-tier position, continuing tobe the only AAA-rated company among module manufacturers, the highest gradeachievable.

In the Module Supplier Hierarchy, the number of modulesuppliers having A or B Grade rating is further decreasing. Seven companieshave A Grades (AAA, AA, A), whilethree falls into B Grade (BBB, BB and B)

PV Tech’s final bankability score is derived using a rangeof statistical analyses that involve gathering a wealth of data for each PVmodule supplier, going back 5-10 years. Scores are derived for each company’sfinancial and manufacturing health – these being the two key contributors tooverall bankability. Manufacturing health score is further broken down to the PVmodule suppliers’ supply/shipment, capacity and technology scores.

Comparingwith other A-Grade competitors, LONGi Solar is in positive territory in almostall key metrics. In R&D expenditure, LONGi significantly leads the PVindustry in R&D investment in the past few years, becoming the key factorin the whole industry moving from multi to mono as the dominant technology.

LONGiis arguably the most important manufacturing entity in the PV industry today,being the largest PV wafer supplier with a massive 60-GW-plus mono capacity inChina. Through vertical integration from wafer to cell to module production (allmono), LONGi has achieved recognition as the largest global PV module suppliertoday. LONGi’s guidance for its 2020 module shipments is above 20GW.

About LONGi 

LONGi leads the solar PV industry to new heights with its product innovations and optimized power-cost ratio with breakthrough monocrystalline technologies. The company supplies more than 30GW of high-efficiency solar wafers and modules worldwide each year, about a quarter of global market demand. LONGi is recognized as the world’s most valuable solar technology company with the highest market value. Innovation and sustainable development are two of the company’s core values. Learn More: https://www.LONGi.com/,