Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. China
  4. Shanghai Stock Exchange
  5. LONGi Green Energy Technology Co., Ltd.
  6. News
  7. Summary
    601012   CNE100001FR6


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Longi Green Energy Technology : launches new 66C type Hi-MO 4m module for global distributed generation (DG) market

02/02/2021 | 07:49pm EDT

XI'AN, China, Feb. 2, 2021 /CNW/ -- LONGi, the world leading solar technology company headquartered in Xi'an, China, has officially launched its new 66C type Hi-MO 4 monofacial PV module (Hi-MO 4m) for the global distributed generation (DG) market. With an area of about 2 m2, weight of 22kg and power of 410-420W, the new module can be widely used on rooftops in residential, industrial and commercial applications.

In early 2019, LONGi launched its Hi-MO 4 series high-efficiency PV modules for full scenario applications based on the M6 (166mm) standard monocrystalline wafer and PERC technology. Within a year of mass production, the Hi-MO 4 series achieved the remarkable milestone of 10GW in global shipments, gaining wide industry acceptance and confidence.

As the world approaches the era of grid parity in 2021, LONGi has re-focused on the specific demands of the DG market with a view to delivering value for customers in the sector with new innovative products.

In addition to 66C, the Hi-MO 4m series also offers 60C and 72C types. These three products cover power ranges of 370-385w, 410-420W and 450-460W, with maximum efficiency of up to 21%, providing DG users with wider flexibility and options. With high performance and an aesthetically pleasing appearance, the Hi-MO 4m module combines the advantages of high efficiency, high energy yield and high reliability. Its size and weight are designed to match the requirements of DG system installations and application scenarios.

Hi-MO 4m series modules

Application scenario: Residential Rooftops
Flexible matching & efficient capacity expansion

For the residential market, the Hi-MO 4m 60C module (area of 1.82 m2, weight of 19.5kg, width of 1.04m) is most suitable in terms of convenient installation due to its moderate size and weight.

In some countries and regions, modules of larger size and weight can also be installed on residential roofs. LONGi therefore also provides 66C (22.0kg) and 72C (23.5kg) options. The width of the module is standardized, while three different length options allow the Hi-MO 4m series to maximize the photovoltaic system's installation capacity in residential rooftops.

Application scenario: Industrial and Commercial roofs
Safe and reliable product for robust gains

The Hi-MO 4m 72C type module is suitable for use on industrial and commercial roofs.

In terms of installation type, in addition to tiling installation on inclined roofs and installation with the optimal inclination angle on flat roofs, the "4-point installation on short frame" on flat roofs is adopted in some developed countries for lower installation cost and improved system capacity. In this special application scenario, the Hi-MO 4m 66C format module outperforms other modules. Compared with conventional module products, it not only achieves stable and efficient power output, but also has higher resistance to wind and snow loads.

Hi-MO 4m series modules
Quality and value in the distributed generation market

Distributed generation products can be key in enabling PV to enter thousands of households and the high value of the Hi-MO 4m series modules will offer global DG users new choices and flexibility, matched with high quality and value.

In terms of electrical matching, the current at maximum power of the Hi-MO 4m module is lower than 11A, which is a perfect match for the various brands of string inverters, power optimizers and micro inverters available worldwide. It makes full use of the design margin of the equipment and avoids the loss of power generation or mismatch caused by current limiting.

LONGi modules are known for their excellent energy yield performance and product quality, aspects which have been validated by the global market and authoritative third-party institutions:

  • In PV Magazine tests, the outdoor energy yield of LONGi's monofacial and bifacial modules was significantly higher than that of similar products;
  • In outdoor energy yield simulations under TÜV Rheinland's "All Quality Matters" evaluation, LONGi has won awards in numerous consecutive years, securing the award in 2020 for both monofacial and bifacial module groups.
  • In the 2019 Renewable Energy Test Center (RETC) PV Module Index report, LONGi was one of only two high achiever companies, by virtue of the reliability, performance and quality of its products. In 2020, LONGi became the only manufacturer to achieve excellence scores in all eight test indicators.

LONGi will expand the capacity of its dedicated DG production line to 10GW in 2021.

About LONGi

LONGi leads the solar PV industry to new heights with its product innovations and optimized power-cost ratio with breakthrough monocrystalline technologies. The company supplies more than 30GW of high-efficiency solar wafers and modules worldwide each year, about a quarter of global market demand. LONGi is recognized as the world's most valuable solar technology company with the highest market value. Innovation and sustainable development are two of the company's core values. Learn More: https://en.longi-solar.com/

View original content to download multimedia:http://www.prnewswire.com/news-releases/longi-launches-new-66c-type-hi-mo-4m-module-for-global-distributed-generation-dg-market-301220767.html


© Canada Newswire, source Canada Newswire English

09/03LONGI GREEN ENERGY TECHNOLOGY : Announces 2021 Interim Results
08/31MARKET CHATTER : LONGi Green Energy's Profit Margin Falls in H1 on Higher Costs ..
08/24China's Integrated Circuit Output Surges 41% in July
08/24Longi Green Energy Technology Co., Ltd. Reports Earnings Results for the Half..
08/10XINYI SOLAR : Bags Deal to Supply LONGi Green Energy with Solar Glass Products
06/27MARKET CHATTER : Semiconductor Firm Backed by LONGi Founder's Wife Files to List..
04/21LONGi Green Energy Technology Co., Ltd. completed the acquisition of 27.25% s..
04/20LONGi Green Energy Technology Co., Ltd. Provides Revenue Guidance for the Yea..
04/20Longi Green Energy Technology Co., Ltd. Reports Earnings Results for the Firs..
04/07MARKET CHATTER : LONGi Green Energy to Foray into Hydrogen Sector; Shares Fall N..
More news
Analyst Recommendations on LONGI GREEN ENERGY TECHNOLOGY CO., LTD.
More recommendations
Sales 2021 90 719 M 14 031 M 14 031 M
Net income 2021 11 296 M 1 747 M 1 747 M
Net cash 2021 16 161 M 2 500 M 2 500 M
P/E ratio 2021 35,7x
Yield 2021 0,38%
Capitalization 434 B 67 140 M 67 144 M
EV / Sales 2021 4,61x
EV / Sales 2022 3,72x
Nbr of Employees 46 631
Free-Float 69,5%
Duration : Period :
LONGi Green Energy Technology Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LONGI GREEN ENERGY TECHNOLOGY CO., LTD.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 26
Last Close Price 80,20 CNY
Average target price 107,85 CNY
Spread / Average Target 34,5%
EPS Revisions
Managers and Directors
Zhen Guo Li General Manager & Director
Xue Wen Liu Chief Financial Officer & Director
Bao Shen Zhong Chairman
Cheng Jun Qi Chairman-Supervisory Board
Gao Liang Tian Independent Director
Sector and Competitors