Li Zhenguo: PV will be the cheapest power source in most parts of the world

Energy Press Releases Tuesday July 10, 2018 10:29
BERLIN--10 Jul--Xinhua-AsiaNet/InfoQuest

On July 9, at the 9th Sino-German Economic and Technical Cooperation Forum held in Berlin, Germany, Li Zhenguo, President of LONGi Green Energy Technology Co., Ltd. (LONGi), a leading Chinese PV industry company, made a keynote speech for the Energy Transformation and Energy Conservation Theme Forum, saying that in the next three years solar PV will become the cheapest power source in most parts of the world.

He said that, as photovoltaics and energy storage provide the cheapest energy source, the ideal of "Solar for Solar" can be realized in the future. By 2050, PV will become an industry that generates thousands of gigawatts (GWs) per year.

LONGi is the world's largest manufacturer of solar monocrystalline silicon photovoltaic products. Since its establishment, it has always focused on single crystal technology and engaged in monocrystalline silicon wafers, single crystal cells and modules, distributed photovoltaic power plants and ground photovoltaic power plants. In Photon's triathlon ranking, LONGi has the best financial health index ranked first and one of the best financial stability indexes.

LONGi has a research and development (R&D) team of more than 450 people and has obtained 260 national patents. Since its listing in 2012, the company has invested a total of US$ 385 million in research and development, ranking first in the global photovoltaic industry. The largest provider of monocrystalline wafers and components in the world, LONGi in 2017 has an operating revenue of US$ 2.556 billion, a net profit of US$ 557 million, and the total asset of US$ 5.14 billion.

For more information, please visit: http://www.longi-solar.com/
Source: LONGi Green Energy Technology Co., Ltd. (LONGi)
Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=315658
AsiaNet 74307

Latest Press Release

SET embraces libraries nationwide in Library: Care the Bear project to reduce carbon emissions

The Stock Exchange of Thailand (SET) jointly with the Thai Library Association (TLA) under the Royal Patronage of H.R.H. Princess Maha Chakri Sirindhorn is launching the "Library: Care the Bear" project by adopting green initiatives in libraries such as...

Sterlite Power Forays Into Grid Connected Battery Storage

- The solution provides for utility's capacity and energy needs, including ancillary services Sterlite Power has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility. This marks the first foray of...

WIND EXPO 2019: Industry leaders gather in Japan at the dawn of emerging offshore wind power

Reed Exhibitions Japan Ltd. will be holding WIND EXPO 2019 - Japan's largest wind energy exhibition & conference from Feb. 27 at Tokyo Big Sight, Japan. The 7th edition will be attracting 160 exhibitors from 13 countries and held inside "World Smart...

มหกรรม BATTERY JAPAN 2019 เตรียมเปิดฉาก จัดเต็มเทคโนโลยีแบตเตอรี่โซลิดสเตทและแบตเตอรี่รถยนต์ไฟฟ้า

Reed Exhibitions Japan Ltd. เตรียมจัดมหกรรม BATTERY JAPAN 2019 - Int'l Rechargeable Battery Expo โดยจะเปิดฉากในวันที่ 27 กุมภาพันธ์ ณ ศูนย์แสดงสินค้า Tokyo Big Sight ประเทศญี่ปุ่น ปัจจุบัน...

BATTERY JAPAN 2019: Solid-state battery and EV battery imminently set for commercialisation

Reed Exhibitions Japan Ltd. will be holding BATTERY JAPAN 2019 - Int'l Rechargeable Battery Expo from Feb. 27 at Tokyo Big Sight, Japan. Along with the spread of renewable energy such as photovoltaic and wind power generation, the demand for...

Related Topics