LONGi
LONGi
Chinese solar company
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.
| Industry | Silicon production |
|---|---|
| Founded | 2000; 24 years ago (2000) |
| Headquarters | China |
Key people | Baoshen Zhong |
| Website | www |
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]
- "LONGi Signs to Buy SunEdison's Wafer Plant and Polysilicon. EnergyTrend of TrendForce Corp. 2016-02-22 18:24". Archived from the original on 2024-03-19. Retrieved 2024-03-19.
- "Yuen S. LONGi reportedly to layoff 30% of workforce. PV Tech. March 18, 2024". Archived from the original on March 19, 2024. Retrieved March 19, 2024.
- "EU investigates Chinese bidders over Romania solar tender". Reuters. April 3, 2024. Retrieved April 3, 2024.