“This 3rd generation of Hi-MO
with higher power, higher yield, lower hot spot effect further improves product
efficiency and performance which in turn accelerates the reduction of LCOE,” Zhong
Baoshen, Chairman of LONGi, said. “It’s the result of the R&D team’s
relentless focus in technological innovations. We expect that the launch of
Hi-MO3 can bring new breakthroughs to the development of the industry.”
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“PV power generation as a strategic
emerging industry in China has huge development potential for the future. PV
companies must have a sense of responsibility and mission to continuously make
innovations and progress,” said Li Junfeng, former director of National
Center for Climate Change Strategy and International Cooperation. Shi Dinghuan, Former Counselor of the State Council and
honorary chairman of China Renewable Energy Society, added, “the
advancement of energy revolution and green revolution requires the promotion of
technical innovation in PV products, continuous improvement of photoelectric
conversion efficiency and PV investment value, and further acceleration of grid
parity. LONGi’s practice in technological innovation and product innovation
deserves encouragement and recommendation.”
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LONGi has continuously increased R&D
investment in the science and technology of mono-crystalline. In the past five
years, the company invested a total of RMB 2.464 billion. In 2017 alone, the
company invested RMB1.108 billion, 6.77% of its sales, into R&D, the
highest among PV companies in the world. With continuous R&D investment,
LONGi Solar has made remarkable technological progress. Since September 2017, the
company has broken the world records for PERC cell and module technology eight
times.
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In 2017, LONGi Solar shipped 4.66GW
monocrystalline modules, ranking first in the world in monocrystalline cell and
module shipments for three consecutive years. The release of Hi-MO3 is expected
to further accelerate the progress of PV grid parity.?