LONGi publishes its annual report for 2022 and 2023 Q1
Xi'an, China | Frankfurt, Germany: May 24, 2023 - LONGi Green Energy Technology, a global leading renewable energy company, released its annual report for 2022 and 2023 Q1. According to the financial report, the company achieved a revenue of 128.998 billion yuan in 2022 (USD 19.27 bn), a year-on-year increase of 60.03%. This is the first time that LONGi’s yearly revenue stands above the 100 bn yuan (USD 14.93 bn) level.
For the first quarter of 2023, LONGi’s revenue reached 28.319 billion yuan (USD 4.24 bn), up 52.35% from last year. In the report, LONGi announced that its 2023 revenue is expected to surpass 160 bln yuan (USD 23.95 bn).
The report shows that in 2022 LONGi has produced a total of 85.06GW of monocrystalline silicon wafers, including 42.52GW for external sales and 42.54GW for internal use, steadily ranking 1st in global shipments of monocrystalline silicon wafers for 9 consecutive years.
In Europe, LONGi generated a turnover of 21.34 bn yuan (USD 3.19 bn) in 2022, an increase by 87.68 percent compared to the previous year. Nick Wang, Vice President of LONGi Europe Distributed Generation (DG) said: “Europe is our top priority market globally. The continent is facing unprecedented growth in the solar industry and seeing an increase in demand for high-efficiency and high-quality solar modules as a result. We are preparing for this next stage of solar growth in a sustainable, healthy way, while further enhancing our customers’ focus putting them at the center of our work. As part of this, LONGi will establish a new service and operation center in the EU in 2023 to provide the speed and support our partners need.”
(Currency conversion rates used: December 31, 2022 - USD/CNY 1:6.6946 I
March 31, 2023 - USD/CNY 1:6.6817)
The full press release and further info:
https://www.longi.com/en/distributorbriefing/LONGi-annual-report-2022-and-2023-Q1
Contacts
Nadine Bütow
Head of European Communications (DG)
nadinebuetow@longi.com
Subscribe to releases from news aktuell GmbH
Subscribe to all the latest releases from news aktuell GmbH by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from news aktuell GmbH
Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner2.5.2024 09:13:22 CEST | Press release
Zug/ Munich April 2024 Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance. About Dwinity Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data. The three components of Dwinity are: Data control: Decentralized data spaces for decentralized data stora
Report: BRICS+ likely new counterpoint to G7-led geopolitical order2.5.2024 09:05:42 CEST | Press release
Los Angeles/DNA - The expansion of the BRICS group of nations into what has informally been named BRICS+ could highlight a geopolitical shift, with the new grouping positioning itself as a counterpoint to the Western-led geopolitical order, a report published by the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) argues. The report, titled "Towards A New Global Contestation? Comparing the Governance Performance of G7 and BRICS+ Nations" examines how the ten BRICS+ countries compare to the G7 nations on factors such as provision of public goods, quality of democracy and quality of governance. It uses the Berggruen Governance Index (BGI) to measure the governance performance of countries in these three dimensions. In January 2024, Saudi Arabia, Iran, Ethiopia, Egypt and the United Arab Emirates (UAE) joined the BRICS group. The term BRICS was originally coined by an economist in the 2000s to refer to a group of emerging economies: Brazil, Russia, India,
Sahel elites must move away from 'zero-sum' policies, report urges2.5.2024 08:59:23 CEST | Press release
Los Angeles/DNA - A dual economic strategy focusing on domestic economic development and international partnerships to address the underlying challenges facing the Sahel region could help Burkina Faso, Mali, Niger and Sudan to build more resilient institutions and foster long-term development, a recently published report says. The report by the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) argues that the four countries should aim to transition away from relying exclusively on resource extraction. It attributes much of the challenges facing the four countries on unsustainable economic policies which focus on the export of raw materials. Despite some improvements in terms of public goods provision - in particular regarding social and environmental public goods - these countries continue to face significant developmental challenges, ranking among the world's poorest. Titled "Political Instability and Economic Development in the Sahel: Governance in Bu
Nano-Care Deutschland AG launches next generation of sustainable PFAS-free oleophobic coatings29.4.2024 08:02:50 CEST | Pressmeddelande
Rehlingen-Siersburg – Nano-Care Deutschland AG, leader in the development of innovative surface finishes, is excited to announce the launch of its latest product range. Taking “next generation products” as its theme, the company is introducing a range of revolutionary solutions that not only offer maximum performance, but also place a strong emphasis on sustainability and environmental compatibility.
New management for the EUTOP Group22.4.2024 10:24:58 CEST | Pressmeddelande
Stefan Mappus is the new Managing Director of the EUTOP Group. Together with long-standing Managing Director Christian Schaufler, he will manage the fortunes of the Group from now on. Stefan Mappus is responsible for EUTOP's client business as a member of the management board and thus brings his wealth of experience in politics, administration and business directly to the benefit of EUTOP's clients.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom