Strong Growth in Solar Energy: Annual Report Highlights 175 Million kWh Capacity and Expansion of Workforce

Strong

Solar Energy Report 2023: “The Strongest Construction Worker”: Annual production reaches 1,750 MW, which is a 4.5-fold increase.

On April 30, 2025, at 02:29, the 21st Century Economic Report highlighted this significant growth in the solar energy sector.

On February 27 of this year, it was reported that Longyang Solar Energy (300274.SZ) held a live broadcast event discussing the company’s achievements and prospects in solar energy. The report revealed that Longyang Solar has seen significant advancements and is recognized for its high-level production capabilities.

Longyang Solar is now referred to as “the Solar Pioneer,” having recently achieved two certifications for being “the strongest construction worker” in the solar energy industry.

According to a recent report, Longyang Solar’s 2024 annual revenue forecast indicates significant increases in production capacity, with expectations for high-margin products. Specifically, cumulative production capacity is projected to reach 1,750 MW and 1,294 MW for high-tier solar energy products, surpassing the previous high of 585.30 MW.

This marks a remarkable achievement for Longyang Solar, which is one of the few companies to exceed the 1,000 MW production level.

Additionally, the recent report noted that by 2024, Longyang Solar would have a projected cumulative production capacity of 218,400 tons and a production target of 119,000 tons. The combined total is expected to reach 337,400 tons, with an estimated price of 30.18 RMB/ton.

Looking ahead to 2024, the projected market value for Longyang Solar’s solar energy products is estimated to exceed 6401.29 million RMB, while the forecast for associated production capacity is around 5170.07 million RMB.

During this period, Longyang Solar is expected to maintain its market leadership position, with projections indicating significant growth in production capacity and revenue.

In summary, the strong performance of Longyang Solar reflects the increasing demand for solar energy solutions and the company’s strategic initiatives to expand its production capabilities.

For more information on the latest trends in the solar energy market, visit the Solar Energy Association website.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/strong-growth-in-solar-energy-annual-report-highlights-175-million-kwh-capacity-and-expansion-of-workforce/

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