Li Zhenguo, president of Chinese PV manufacturer Longi, has resigned to focus on research and development, citing personal work arrangements.
Canadian Solar says its net profit plunged nearly 92% in the first quarter of 2025 on falling margins, while China Energy Engineering Corp. (CEEC) says the Shanghai Stock Exchange has approved its targeted A-share issuance to raise up to CNY 15 billion (USD 2.09 billion) for energy projects.
In a new special, pv magazine Brazil reports on how rising Chinese demand, price volatility and the global tech race are reshaping Brazil’s solar market, with major manufacturers weighing in on supply shifts, pricing and the outlook for storage.
A delegation from Chinese module maker Longi met with officials from Algeria’s Ministry of Energy and Mining last week to discuss cooperation that would support Algeria’s domestic solar market, including a solar manufacturing facility.
Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).
The Solar Solutions Amsterdam 2025 trade show highlighted the shift in Europe toward smarter, scalable energy systems, showcasing innovations in residential and commercial solar technology as demand for integrated, flexible solutions continues to grow.
Longi has released a back-contact solar module with 24.8% efficiency, featuring a power output of up to 670 W and a temperature coefficient of -0.26% per degree Celsius.
JinkoSolar has sued Longi for alleged patent infringement in Australia, its third legal action against the company this year, following filings in China and Japan. The lawsuit, filed in the Federal Court of Australia, claims that Longi used an unspecified solar cell technology.
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
China’s Longi Green Energy has set a new world record for crystalline silicon solar module efficiency with its independently developed hybrid passivated back contact (HPBC) 2.0 module, achieving a conversion efficiency of 25.4%, according to a certification report from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).
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