Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, March 21 2023 - 14:20
AsiaNet
LONGi ranks again in BNEF Tier 1 list for Q1 2023 with its PV modules recognized by the industry
XI'AN, China, March 21, 2023 /PRNewswire-Asianet/ --

LONGi, a world-leading solar technology company, has ranked once again in the 
list of photovoltaic (PV) module manufacturers meeting Bloomberg New Energy 
Finance (BNEF)'s Tier 1 criteria as of Q1 2023, due to its high efficiency and 
high-reliability Hi-MO series products, stable business operation and strong 
bankability.

The PV module manufacturing supplier rating is one of the world-renowned and 
authoritative industry rating systems, wherein BNEF judges from multiple 
dimensions such as product quality assurance, government project bidding, and 
bank financing support. The quarterly tiering is widely regarded as the 
benchmark in the solar module manufacturing sector.

The selection of the first echelon manufacturers is regarded to be the 
strictest, where manufacturers must demonstrate that they can provide 
self-branded, self-produced module products for at least six projects. 
Moreover, these projects must obtain non-recourse financing from six different 
commercial banks.

Also, due to the rigorous selection process, BNEF Tier 1 is often used as a 
fair, objective and highly credible reference for attracting investment in PV 
projects worldwide.

Over the years, LONGi has focused on providing global users with PV products 
with optimal LCOE and green energy solutions with higher value. In November 
2022, LONGi set a new world record efficiency of 26.81% for its HJT silicon 
solar cells. Just one month later, LONGi set new world cell efficiency records 
of 26.56% for p-type HJT cells and 26.09% for indium-free HJT cells.

To date, global shipments of LONGi Hi-MO modules have exceeded 100GW. LONGi has 
also released "LONGi Lifecycle Quality", the industry's first product lifecycle 
standard, which aims to provide solid guarantees for global customers' 
long-term value.

Moving forward, LONGi will continue to provide better PV products and 
technologies to meet the needs of customers in diverse scenarios, while at the 
same time delivering long-term value to its partners.

About LONGi

Founded in 2000, LONGi 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 five 
business sectors, covering mono silicon wafers cells and modules, commercial & 
industrial distributed solar solutions, green energy solutions and hydrogen 
equipment. The company has honed its capabilities to provide green energy and 
has more recently, also embraced green hydrogen products and solutions to 
support global zero carbon development. www.longi.com/en

SOURCE:  LONGi
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