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LONGi

From Wikipedia, the free encyclopedia

LONGi
IndustrySilicon production
Founded2000; 24 years ago (2000)
Headquarters
China
Key people
Baoshen Zhong
Websitewww.longi.com Edit this at Wikidata

Xi'an LONGi Silicon Materials Corporation is a Chinese silicon producer. LONGi was established in 2000 and is the world's largest monocrystalline silicon producer. Baoshen Zhong is LONGi's chairman.

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Transcription

History

In early 2016, LONGi signed a $1.84 billion solar panel sales agreement with SunEdison Products Singapore and agreed to purchase silicon manufactured in South Korea. LONGi also took over SunEdison's Malaysian silicon plant.[1][2]

In 2017, LONGi Solar expanded module assembly capacity by around 1.5 GW to achieve 6.5 GW of nameplate capacity.

In early 2018, LONGi announced plans to build a new 5 GW module assembly plant in the Chuzhou Economic and Technological Development Zone in China's Anhui province, pending an internal review process, then an investment of approximately RMB 1.95 billion (US$300 million) and approximately 28 months of construction and start-up for manufacturing operations to commence.[3][4]

In 2024, LONGi announced plans to reduce workforce overcapacity by 30% staff reductions.[5] In April 2024, the European Commission initiated an investigation into LONGi over anti-competitive subsidies.[6]

References

  1. ^ http://investors.sunedison.com/phoenix.zhtml?c=106680&p=irol-newsArticle&ID=2140389 [dead link]
  2. ^ LONGi Signs to Buy SunEdison’s Wafer Plant and Polysilicon. EnergyTrend of TrendForce Corp. 2016-02-22 18:24
  3. ^ Osborne, M. LONGi plans new 5GW module assembly plant in China. Jan 05, 2018 12:49 PM GMT
  4. ^ Longi and Jinko brands
  5. ^ Yuen S. LONGi reportedly to layoff 30% of workforce. PV Tech. March 18, 2024.
  6. ^ "EU investigates Chinese bidders over Romania solar tender". Reuters. April 3, 2024. Retrieved April 3, 2024.

External links

This page was last edited on 5 April 2024, at 14:01
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