longi

2024 has been marked with a downturn in the solar industry, with companies shutting down, laying off employees or restructuring its business. Here, PV Tech runs down its top 10 stories of the past 12 months.

Chinese solar manufacturing giant LONGi has announced a “strategic shift” in the Australian solar PV market through a new partnership with PV distributor Raystech Group.

Chinese solar manufacturing giant LONGi posted RMB1.26 billion (US$174.8 million) in losses in its Q3 2024 financial results.

At the UK launch of LONGi’s Hi-MO 9 module, PV Tech spoke with the company’s Europe president, Leon Zhang, about his belief that back contact technology represents the future of crystalline silicon PV.

LONGi and the School of Materials at Sun Yat-sen have developed HJT back contact solar cells with a power conversion efficiency of 27.09%.

LONGi has launched its latest product, the Hi-MO X10 module, designed for use in the distributed solar sector.

LONGi has released its performance report for H1 2024, which includes the shipment of close to 80GW of cells, wafers and modules.

LONGi Solar said that wafer prices had continued to fall below the cost since the second quarter of the year.

Last year saw 96GW of distributed PV installed in China, an all-time record. But as Carrie Xiao reports, even as the distributed market segment begins to surge, problems associated with its rapid development are beginning to emerge.

Three Chinese solar manufacturers - LONGi, Tongwei, and Aiko Solar - have reported losses in the first half of the year due to increased competition.