LONGi Green Energy Technology, a global leading renewable energy company, have announced their annual report for 2022 and 2023 Q1. The report shows a revenue of 128.998 billion yuan (USD 19.27 bn) for 2022, an increase of 60.03%, and 28.319 billion yuan (USD 4.24 bn) for the first quarter of 2023, a rise of 52.35%. This is the first time that LONGi’s yearly revenue has surpassed the 100 bn yuan (USD 14.93 bn) level.
The report also highlighted that in 2022, LONGi has produced a total of 85.06GW of monocrystalline silicon wafers, making them the global leader in monocrystalline silicon wafer shipments for 9 consecutive years.
In Europe, LONGi generated a turnover of 21.34 bn yuan (USD 3.19 bn) in 2022, a rise of 87.68 percent from the year before. Nick Wang, Vice President of LONGi Europe Distributed Generation (DG), commented: “Europe is our top priority market globally. The continent is seeing an increase in demand for high-efficiency and high-quality solar modules, and we are preparing for this next stage of solar growth in a sustainable, healthy way, while further enhancing our customers’ focus. As part of this, LONGi will establish a new service and operation center in the EU in 2023 to provide the speed and support our partners need.”
The company have stated that they expect their revenue to surpass 160 bln yuan (USD 23.95 bn) in 2023.
LONGi Green Energy Technology has released their annual report for 2022 and 2023 Q1, showing a revenue of 128.998 billion yuan (USD 19.27 bn) for the year 2022 and 28.319 billion yuan (USD 4.24 bn) for the first quarter of 2023. This is the first time the company’s yearly revenue has surpassed the 100 bn yuan (USD 14.93 bn) level.
In Europe, LONGi generated a turnover of 21.34 bn yuan (USD 3.19 bn) in 2022, a significant increase of 87.68 percent from the year before. Nick Wang, Vice President of LONGi Europe Distributed Generation (DG), commented: “Europe is our top priority market globally. The continent is witnessing an increase in demand for high-efficiency and high-quality solar modules, and we are preparing for this next stage of solar growth in a sustainable, healthy way, while further enhancing our customers’ focus. As part of this, LONGi will establish a new service and operation centre in the EU in 2023 to provide the speed and support our partners need.”
The report also highlighted that in 2022, LONGi has produced a total of 85.06GW of monocrystalline silicon wafers, making them the global leader in monocrystalline silicon wafer shipments for 9 consecutive years. The company have stated that they expect their revenue to surpass 160 bln yuan (USD 23.95 bn) in 2023.
LONGi Green Energy Technology, a leading renewable energy company, has released their annual report for 2022 and 2023 Q1, revealing a revenue of 128.998 billion yuan (USD 19.27 bn) for the year 2022 and 28.319 billion yuan (USD 4.24 bn) for the first quarter of 2023. This marks the first time the company’s yearly revenue has surpassed the 100 bn yuan (USD 14.93 bn) level.
The report shows that in 2022 LONGi has produced a total of 85.06GW of monocrystalline silicon wafers, leading them to become the global leader in monocrystalline silicon wafer shipments for 9 consecutive years.
In Europe, LONGi generated a turnover of 21.34 bn yuan (USD 3.19 bn) in 2022, an impressive increase of 87.68 percent compared to the previous year. Nick Wang, Vice President of LONGi Europe Distributed Generation (DG), commented: “Europe is our top priority market globally. The continent is facing unprecedented growth in the solar industry and seeing an increase in demand for high-efficiency and high-quality solar modules as a result. We are preparing for this next stage of solar growth in a sustainable, healthy way, while further enhancing our customers’ focus putting them at the center of our work. As part of this, LONGi will establish a new service and operation centre in the EU in 2023 to provide the speed and support our partners need.”
The company have stated that they expect their revenue to surpass 160 bln yuan (USD 23.95 bn)
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.