LONGi Vows to Support National “Double Carbon” Goals through Green Technology Innovation - SolarStar

 【Shanghai, China, Nov. 8, 2022】On November 8, the 2022 Third International Carbon Neutrality Green Investment Conference was held in Shanghai with the theme “Leading the New Development of Science Technology, Opening up a New Double Carbon Track”. George Huo, General Manager of Br Department, LONGi  , attended the meeting online delivered a speech entitled “Photovoltaic Enterprises Help Achieve Double Carbon Goals”. During the conference, LONGi was also honored with the 2022 “Zero Carbon China” Top 10 Innovative Technologies with its “Heterojunction High Efficiency Cell Innovation Technology” award.

Driven by the cost of photovoltaic technology of “a cent per kilowatt hour”, an energy revolution is raging at present. The transformation of the energy structure will bring about profound social economic change. Non-fossil energy is as vital to the future as the steam engine electricity were to the first second industrial revolutions, respectively.

“In recent years, the photovoltaic market has developed at an accelerated pace but the preparation of the industrial chain has not kept pace with it the price of polysilicon raw materials has risen significantly with the cost of photovoltaic power generation rebounding. This, however, does not affect the general trend of cost reduction efficiency improvement of photovoltaic power generation,” George Huo said in his video speech.

LONGi has broken the world record for the conversion efficiency of various solar  cells 11 consecutive times since 2021. In the first half of 2022, LONGi has invested 3.67 billion yuan in R&D, accounting for 7.28% of its operating revenue, the cost will continue to exp. Since 2012, LONGi has invested more than 16 billion yuan in R&D. At the beginning of this month, LONGi’s new Hi-MO 6 module with HPBC technology was released worldwide. The conversion efficiency of the stard version for mass production exceeded 25.0%, the conversion efficiency of the PRO version exceeded 25.3%. This is the result of the comprehensive layout of LONGi""s PV technology as well as the horse race among several technical routes within the company.

In 2020, China""s carbon dioxide emissions has reached 11.35 billion tons, including 10.03 billion tons of energy consumption emissions 1.32 billion tons of industrial process emissions. Except for the offset of agricultural forestry carbon sinks, the gr total carbon dioxide emissions has reached 9.894 billion tons. Under the requirements of the double carbon goals, China""s energy consumption carbon emissions will have to be reduced by about 90%, the proportion of non-fossil energy in the primary energy structure needs to be increased from the current 15% to more than 85%.

Speaking about the realization of China""s carbon neutrality goal, George Huo said LONGi has conducted extensive research on the carbon neutrality roadmap is committed to promoting the achievement of the goal in four stages, namely, introducing the power dem side response mechanism, developing pumped storage, improving the economy of chemical energy storage, introducing green hydrogen. Going ahead, photovoltaic power generation will be the dominant source of clean energy in China, which will be regulated through pumped storage chemical energy storage, thereby, forming a comprehensive clean energy system through hydrogen production.

Today, an increasing number of countries regions around the world have reached the consensus that hydrogen energy is an important link in the transformation of the global energy structure to a clean low-carbon one. Citing LONGi""s calculations, George Huo said at present, the hydrogen produced by the electrolysis of water requires 4.5-kilowatt hours of electricity per stard square meter of hydrogen. If the cost of electricity is controlled at the level of 0.9 yuan per square meter of hydrogen, along with the depreciation, operation maintenance of equipment the relatively necessary rate of return on assets, it would be entirely possible to control hydrogen to the level of 1.5 yuan per square meter. Green hydrogen generated by photovoltaics serves as a secondary energy source, with applications in transportation, daily life, construction, the chemical industry, other areas, all of which contribute to more comprehensive decarbonization the realization of a green energy society.

Over the years, LONGi has continued to pay attention to the main channel of solar cell efficiency as it firmly believes that the essence of scientific technological innovation is to improve solar cell efficiency. Since June 2021, the LONGi R&D team has broken the world record in the relevant field seven times in a row, creating maintaining the world records for all silicon wafer large-area n-type silicon heterojunction solar cell (26.50%) p-type silicon solar cell (26.12%).

The objective of this conference was to grasp the critical period of the global energy transformation the strategic window of opportunity for China""s renewable energy development, bolster the innovation capability of energy technology, build a new development pattern of domestic international dual cycle mutual promotion, ensure that the carbon peak carbon neutral goals are achieved as scheduled.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ""making the best of solar energy to build a green world"", LONGi has dedicated itself to technology innovation established five business sectors, covering mono silicon wafers cells modules, commercial & industrial distributed solar solutions, green energy solutions hydrogen equipment. The company has honed its capabilities to provide green energy has more recently, also embraced green hydrogen products solutions to support global zero carbon development. www.longi.com