longi green energy technology

The solar industry's two largest enterprises, GCL and LONGi have signed a major polysilicon supply deal, the first time the rivals have entered into a major business deal together.

‘Solar Module Super League’ (SMSL) member LONGi Group is planning to build a new 15GW monocrystalline solar cell plant in Jinghe New City, Xixian New District, Shaanxi Province, China to become operational in 2022.

China-based polysilicon producer, Daqo New Energy Corp has secured near-term polysilicon supply deals with SMSL (Solar Module Super League) member, JA Solar and an unidentified existing customer that means it is sold out until a new polysilicon plant is built and operational sometime in 2022.

Leading monocrystalline wafer producer, LONGi Green Energy (LONGi Group) has secured a minimum 270,000MT of polysilicon supply from Xinte Energy over a five-year period.

Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member, LONGi Green Energy has defied the downward pricing pressure on its core wafer business and weak global demand, driven by the impact of COVID-19 on the solar industry supply chain to report record revenue, profit, and module shipments in the first half of 2020.

A total of seven China-based PV manufacturers have officially started efforts to establish a new ‘M10’ (182mm x 182mm p-type monocrystalline) large-area wafer size standard to reduce manufacturing costs throughout the entire solar industry supply chain as the number of large-area wafer sizes have emerged in the last few years.

Manufacturers reveal they have both been cleared in the US ITC ‘215’ patent infringement case, initiated by Hanwha Q-CELLS last year.

China-based high-purity polysilicon producer Daqo New Energy has reported that in the first quarter of 2020, the average total production cost of polysilicon was reduced to US$5.86/kg, down from US$6.38/kg in the previous quarter, a new industry record.

PV-Tech has just released the Q2’20 PV ModuleTech Bankability Ratings report, compiled by our in-house market research team, based on our proprietary methodology developed during 2019.

Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) set new record revenue, profitability and product shipments levels in 2019, while continuing growth through the challenging first quarter of 2020, due to the COVID-19 pandemic.