This year, as a new member of the RE100 initiative, LONGi, the world leading 
solar technology company headquartered in Xi'an, China, joined the 2020 New 
York City Climate Week for the first time. LONGi is also amongst a roster of 
the world's most influential companies committed to 100% renewable power that 
is nominated for this year's RE100 Leadership Awards. 

LONGi Founder and President Li Zhenguo was invited to speak at the opening 
ceremony of the year's most influential international climate change event. As 
the only business leader representing a Chinese company and major PV 
manufacturer Mr. Li shared his vision on how solar technology is helping the 
world address climate change and reiterated LONGi's commitment to making clean 
energy more affordable and accessible with progressive technology and cost 
reductions. 

Mr. Li was also invited to a panel discussion: "Future-fit Business Strategies 
for a Net-zero World" with business leaders including Marc Engel, Chief Supply 
Chain Officer of Unilever, Mathias Lelièvre, CEO of ENGIE Impact and Professor 
Rebecca M. Henderson from Harvard Business School. The session was moderated by 
Helen Clarkson, CEO of the Climate Group. 

Li commented that "the value of solar energy is still underestimated". Over the 
past decade, LONGi has been committed to reducing the "Levelized Cost of 
Energy" of PV power generation. As solar power becomes cheaper and more 
accessible, and with energy storage technology further maturing, PV will be 
more competitive compared to traditional energy sources. Li also shared "Solar 
for Solar", an initiative of LONGi of using clean energy to produce clean 
energy products. 

In the panel, President Li was asked what actions LONGi is taking to influence 
environmental policy. "When LONGi consider sites for our new factories, the 
proportion of clean energy in the local energy mix is a significant factor in 
our decision. We are more willing to open factories in locations with high 
proportion mix of clean energy, for example, in regions such as Yunnan Province 
in China, where clean energy currently accounts for 92% of its local grid."

In its commitment to clean, renewable energy and to the RE100 initiative, LONGi 
has pledged to achieve 100% renewable electricity use for its global operations 
by 2028. In addition to its own efforts in making manufacturing greener, Mr. Li 
said that LONGi will also encourage its supply chain partners and customers to 
deliver on the RE100 initiative together. 

As clean energy becomes cheaper and more accessible, sectors such as energy 
storage, hydrogen energy, smart grid, water recycling and seawater desalination 
will undergo rapid development as part of a wider energy transition. Such 
changes, Mr. Li added, will trigger transformative growth in the future. 

During the week-long event, LONGi shared its latest technology and product 
offerings at a virtual online exhibition and shared with the press LONGi's 
strategy on green energy transition and the future trends of the PV sector. 

About LONGi 

LONGi, headquartered in Xi'an, China, focuses on manufacturing PV products and 
providing solar power technology solutions. Its product offerings range from 
wafers, cells, modules and PV solar power equipment to solar power systems. The 
LONGi Group has evolved into a global company with assets of approximately 
US$8.38 billion and more than US$4.65 billion in annual revenues in 2019. 

SOURCE:LONGi Solar