Saturday, May 25, 2024

LONGi Vows to Support National “Double Carbon” Goals through Green Technology

Third International Carbon Neutrality and Green Investment Conference was held in Shanghai with the theme “Leading the New Development of Science and Technology, Opening up a New Double Carbon Track”. George Huo, General Manager of Brand Department, LONGi, attended the meeting online and delivered a speech entitled “Photovoltaic Enterprises Help Achieve Double Carbon Goals”. During the conference, LONGi was also honored with the 2022 “Zero Carbon China” Top 10 Innovative Technologies with its “Heterojunction High Efficiency Cell Innovation Technology” award.

Driven by the cost of photovoltaic technology of “a cent per kilowatt hour”, an energy revolution is raging at present. The transformation of the energy structure will bring about profound social and economic change. Non-fossil energy is as vital to the future as the steam engine and electricity were to the first and second industrial revolutions, respectively.

Also Read: Schneider Electric Named to TIME’s List of Best Inventions of 2022 for Collaboration

“In recent years, the photovoltaic market has developed at an accelerated pace but the preparation of the industrial chain has not kept pace with it and the price of polysilicon raw materials has risen significantly with the cost of photovoltaic power generation rebounding. This, however, does not affect the general trend of cost reduction and efficiency improvement of photovoltaic power generation,” George Huo said in his video speech.

LONGi has broken the world record for the conversion efficiency of various solar cells 11 consecutive times since 2021. In the first half of 2022, LONGi has invested 3.67 billion yuan in R&D, accounting for 7.28% of its operating revenue, and the cost will continue to expand. Since 2012, LONGi has invested more than 16 billion yuan in R&D. At the beginning of this month, LONGi’s new Hi-MO 6 module with HPBC technology was released worldwide. The conversion efficiency of the standard version for mass production exceeded 25.0%, and the conversion efficiency of the PRO version exceeded 25.3%. This is the result of the comprehensive layout of LONGi’s PV technology as well as the horse race among several technical routes within the company.

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