LONGi Solar Achieves AAA Rating for the 21st Consecutive Time, Showcasing Unmatched Industry Competitiveness

LONGi Solar has achieved the prestigious AAA rating for the 21st consecutive time, according to the financing capability rating released by PV-Tech for the first quarter of 2025. This repeated recognition not only highlights LONGi’s excellence in technological innovation, product value, and operational performance across multiple dimensions but also reflects the confidence of authoritative institutions in the company’s strength and growth potential.

The <b>PV-Tech financing capability rating system</b> is a respected analytical tool in the industry, focusing on the development potential and market competitiveness of companies. The system evaluates factors such as production capacity, shipment volume, research and development capabilities, product reliability, financial cash flow, and profitability to generate its ratings.

PV-Tech's ratings categorize risk levels into nine tiers: AAA, AA, A, BBB, BB, B, and CCC, CC, C. The AAA rating represents the highest recognition given by the rating agency after comprehensive analysis, discussions, and benchmarking of participating companies, demonstrating their deep industry experience and strong resilience for development.

To ensure the timeliness and accuracy of evaluation results reflecting the latest corporate developments and market dynamics, <b>PV-Tech</b> updates its financing capability ratings quarterly.

<b>LONGi</b> remains committed to a customer-centric approach, continuously developing photovoltaic energy solutions suitable for various application scenarios. Since officially announcing the <b>BC technology route</b> in September 2023, <b>LONGi</b> has been dedicated to the large-scale production of <b>BC technology</b> and has made significant breakthroughs. In May 2024, <b>LONGi</b> launched the next-generation <b>BC products</b> based on HPBC2.0 and has secured major contracts globally.

In early April, <b>LONGi</b> signed a supply agreement for 226MW of Hi-MO 9 components in Greece, marking it as the largest BC ground power station project in Europe to date. At the end of March, during the International Photovoltaic Energy Storage Exhibition in South Africa, <b>LONGi</b> entered into framework agreements with several EPC companies for a total capacity of 555MW of Hi-MO X10 components, which received high recognition from African clients for high power generation per unit area and shadow-free performance. By the end of the first quarter of 2025, global shipments of BC components exceeded 30GW, with reserved orders surpassing 40GW, indicating a rapid expansion of <b>BC technology</b>.

<b>LONGi</b> continues to push the boundaries of conversion efficiency in both the crystalline silicon and perovskite-silicon tandem cell sectors, maintaining its position as the world record holder in these categories. On April 11, the <b>Hybrid Interdigitated-Back-Contact (HIBC)</b> solar cell developed by <b>LONGi</b> achieved a certified efficiency of 27.81%, setting a new record in single crystalline silicon photovoltaic cells. This marks the fifth efficiency advancement since <b>LONGi</b> set the previous record of 26.81% in November 2022, representing a significant 1% increase in efficiency.

Additionally, the dual-sided perovskite-silicon tandem solar cell has reached a certified efficiency of 34.85%, further pushing the boundaries of tandem cell efficiency. This represents a continued progression from 33.9% in November 2023 and 34.6% in June 2024, showcasing <b>LONGi's</b> strong research capabilities and relentless pursuit of innovation.

The achievement of 21 consecutive AAA ratings not only serves as a testament to <b>LONGi's</b> reliability but also underscores the company's dedication to product quality, prudent management, and long-term commitment. <b>LONGi</b> will continue to enhance its technical strength and risk resilience, honoring every expectation and trust as it collaborates with global partners to create a sustainable future.