Longi Solar Photovoltaic Power Generation Principle

What is LONGi Solar?

LONGi Technology (Kuching) SDN. BHD, a wholly-owned subsidiary of LONGi Solar A solar cell with P-type wafer as raw material. In the process of silicon ingot production, triad (such as boron) is doped to substitute the silicon atoms and thus form the P-type silicon A solar cell with N-type wafer as raw material.

Is LONGi the world's healthiest solar company?

World's healthiest solar company in financial strength, according to the latest BloombergNEF report. LONGi demonstrates its leadership in the PV industry in energy transformation. LONGi's products fulfilled 15% of new energy installations in the world each year, and is the world's largest supplier of power generation equipment in the PV sector.

Does LONGi Solar provide a performance guarantee?

As of the end of the reporting period, LONGi Solar had provided a performance guarantee of USD 186,307,400 for the sales business of LONGi (U.S.). negotiated monthly.

How does LONGi Solar work?

LONGi Solar deposits a margin deposit with the bank in proportion to the total financing amount to the borrower, and the distributor provides counter bond for the relevant deposit guarantee

What bank guarantees did LONGi Solar provide during the reporting period?

During the reporting period, the Company and its wholly-owned subsidiary LONGi Solar (H.K.) provided bank guarantees totaling RMB 1,029,025,100 for the daily business operations of LONGi Solar, Germany LONGi Solar, LONGi (U.S.), Clean Energy, LONGi Hydrogen Energy, Wuxi Hydrogen Energy, Vina Solar and other companies according to business needs.

When will Hainan Longi Green Energy Technology Co-Longi enjoy preferential policies?

Hainan LONGi Green Energy Technology Co., Ltd. could enjoy the above preferential policies from January to June 2022.