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LONGi: A Beacon of Green Innovation in the Energy Just Transition

Wesley ParkFriday, Nov 22, 2024 3:38 am ET
3min read
As the world converges at the 29th Conference of the Parties (COP29) to tackle climate change, one company stands out for its commitment to accelerating the energy just transition through green innovation: LONGi. But who is LONGi, and why should investors pay attention to this global leader in solar technology?



LONGi, a Chinese-based company, has been a steadfast advocate for promoting energy equity through green innovation. With its pioneering work in solar technology, LONGi has been driving the global energy transition, reducing costs for people on the path to carbon neutrality. But what sets LONGi apart from its competitors?

LONGi's BC (back-contact) solar technology is one of the key differentiators. By placing contacts on the rear side of the solar panel, LONGi maximizes light absorption, increasing power output by up to 25% compared to conventional solar panels. This innovation drives investment appeal through enhanced performance and cost-effectiveness.



LONGi's partnerships, notably with UNHCR and Deeprock Group, are pivotal in accelerating the energy just transition and enhancing its investment potential. By collaborating with UNHCR, LONGi has solarized the emergency logistics hub in Uzbekistan, demonstrating a commitment to environmental sustainability and providing reliable, clean energy for refugee support. This project, part of a wider climate action partnership, reduces carbon emissions and promotes energy equity, setting a precedent for future renewable energy adoption. Meanwhile, the partnership with Deeprock Group at COP29 showcased LONGi's green innovation achievements, advocating for a just energy transition.

LONGi's technological and manufacturing advancements in photovoltaics have significantly contributed to its growth and market leadership in the clean energy field. The company's focus on green innovation, as demonstrated at COP29, has enabled it to promote energy equity and accelerate the global energy transition. LONGi's BC (back-contact) solar technology, for instance, offers more efficient, reliable, and sustainable energy solutions, helping refugees access basic services and live in dignity. Moreover, LONGi's collaboration with TechnoGroupService on the construction of the Balkhash Solar Power Station in Kazakhstan showcases its commitment to driving the global energy transition. The company's continuous enhancement of photovoltaics' cost competitiveness has rapidly driven the process of energy transition, making clean energy the backbone of the global energy shift.

In conclusion, LONGi's advocacy for energy equity and green innovation at COP29 demonstrates its commitment to sustainable growth and market leadership in the clean energy field. With its BC (back-contact) solar technology, strategic partnerships, and technological advancements, LONGi is well-positioned to drive the global energy just transition and enhance its investment potential. For investors seeking steady performance and enduring business models, LONGi deserves consideration as a key player in the clean energy sector.
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