6th of November 2025 –Recently, PV Tech, an authoritative analysis institution in the PV industry, released the Q3 2025 PV ModuleTech Bankability Report for module manufacturers. LONGi, with its outstanding comprehensive strength, won the highest AAA rating for the 23rd consecutive time.
The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management.
LONGi’s consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.
Technological Innovation: The Right Path to Breaking the Excessive Competition
When the PV industry is facing "excessive competition", LONGi chooses to open new ground with BC technology.
As a global leader in the PV industry, LONGi has always regarded technological innovation as its core driving force. Since 2017, LONGi has anchored on the BC (Back Contact) technology route, and gradually building up differentiated competitive advantages with continuously advancing technological breakthroughs and product upgrades. This innovation-driven development model has not only improved the enterprise’s profitability but also created new growth space for the industry.
As of June 2025, LONGi has owned 480 patents for BC cell modules. Its HPBC 2.0 modules currently represent the world’s most efficient products in large-scale mass production, with a conversion efficiency of up to 24.8% and a stable yield rate above 97%. Furthermore, the HIBC modules，as the efficiency benchmark for industrialized PV products globally, have raised the mass production efficiency to 25.9% and exceeded 700W in power.
Market data further confirms the commercial value brought by technological innovation. From January to September 2025, the cumulative sales volume of LONGi’s BC modules reached 14.48 GW, and the production and sales of HPBC 2.0 products achieved rapid growth. This shows that through continuous technological breakthroughs and product upgrades, enterprises can definitely establish differentiated advantages in the fierce market competition and achieve sound development.
Chinese PV Industry: Contributes to The Global Energy Transition
"Enterprises can navigate through cycles only by virtue of technological innovation."
LONGi’s consecutive 23 AAA ratings precisely prove that only enterprises that adhere to technological innovation and prioritize product quality can win long-term trust from the market.
This philosophy aligns with the contributions of Chinese PV enterprises to the global green transition. According to data from the National Energy Administration of China, over the past decade, China has helped reduce the average electricity cost per kilowatt-hour of global wind power and photovoltaic projects by 60% and 80% respectively, making significant contributions to the global green transition.
Although the industry still faces cyclical challenges, building an industrial ecology that "supports high-quality enterprises and strengthens competitive ones" and establishing a long-term mechanism against " excessive competition " have become a clear direction and a consensus for the high-quality development of the PV industry.
In the accelerating global energy transition, a healthier and more resilient Chinese PV industry will not only navigate through cycles and achieve steady long-term development but also surely contribute more solidly to the global "carbon neutrality" goals.
About LONGi
Founded in 2000, LONGi (Stock code: 601012. SH) 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 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established several business sectors, covering mono silicon wafers, cells and modules, commercial & industrial distributed solar solutions, green energy solutions, building integrated photovoltaic and hydrogen equipment. As an international company, LONGi's business covers more than 160 countries and regions. Actively practicing its "Solar for Solar" concept, LONGi is accelerating the global transition to sustainable energy and promoting energy equity, enabling more people around the world to access affordable clean energy.
More details here: www.longi.com/