LONGi

Last updated
LONGi
IndustrySilicon production
Founded2000;24 years ago (2000)
Headquarters
China
Key people
Baoshen Zhong
Website www.longi.com OOjs UI icon edit-ltr-progressive.svg

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.

Contents

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 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]

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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.