On June 8, 2024, Awais Leghari, the Federal Minister for Power of the Islamic Republic of Pakistan, visited LONGi’s headquarters, in Xi’an. Mr. Li Zhenguo, founder and President of LONGi, attended and led his Excellency to go to the LONGi Green Energy Smart Energy Exhibition Hall, introducing intimately, the event historical past of the photovoltaic trade, the historical past of LONGi, components of enterprise, R&D innovation, abroad format and the corporate’s imaginative and prescient and mission.
It could be very appropriate for the event of solar energy in Pakistan, as a consequence of its massive inhabitants and considerable sunshine assets of 2800-3000 hours of common annual sunshine. The value of kilowatt-hour electrical energy continues to say no, pushed by the development of world expertise within the Solar PV trade. Solar PV is broadly utilized in residential buildings, faculties, hospitals and industries and commerce in Pakistan, successfully assuaging the issue of energy provide scarcity. The authorities launched the 2030 plan. In 2030, new vitality will account for 30%, of which 66.79% is photo voltaic. This plan will additional promote the event and utility of the photo voltaic trade, the market potential is big.
LONGi, as a number one photo voltaic expertise firm, is actively serving to Pakistan in its vitality transition. In the previous couple of years, LONGi has been within the main place within the photo voltaic market of Pakistan. To additional assist Pakistan obtain the 2030 plan, Mr. Li highlighted LONGi’s innovation achievements and briefed His Excellency on the corporate’s sturdy R&D funding. in 2023, LONGi invested multiple billion USD in R&D, accounting for five.96% of its working earnings. It is exactly due to the continual funding in R&D that LONGi is now the “Double-Champion” of the world report for cell effectivity in crystalline silicon HJT back-contact cells and silicon-perovskite tandem photo voltaic cells. Recently, LONGi launched the second era HPBC module, Hi-MO 9. Under the identical floor space, in the course of the life cycle of the facility station, the era with this product may be elevated to six.5-8%. The expertise focuses on excessive yield and excessive reliability all through the life cycle, particularly within the utility energy station, which can contribute to the worldwide vitality transformation. Mr. stated Li stated that LONGi’s power will also be seen in its world marketing strategy and clever manufacturing. The firm’s Jiaxing base has been awarded as the primary “lighthouse manufacturing facility” within the world photovoltaic trade, with its clever and digital capabilities making it a world chief. This will undoubtedly energy the worldwide development of the trade.
Referring to the “trilemma” of vitality improvement, Mr. Li defined that vitality, as an necessary a part of reaching carbon neutrality, will encounter challenges associated to security, fairness, and environmental sustainability. . PV merchandise function facilitators and builders of unpolluted vitality and may successfully reply to those challenges. Green hydrogen is poised to grow to be the inevitable alternative for deep decarbonization. LONGi’s built-in answer of “Green Power + Green Hydrogen” represents the basic strategy to fixing the “not possible triangle” of vitality. As Pakistan’s nationwide economic system develops, there is no such thing as a doubt that there shall be a brand new section of fast development in electrical energy demand. Guided by new expertise, LONGi gives sturdy and dependable merchandise with a wide range of options all through their life cycle, together with built-in options for “Green Power + Green Hydrogen,” which is a good contribute to Pakistan’s nationwide vitality transition efforts, deep decarbonization initiatives, and strategic targets. which can grow to be a middle for vitality exports.
In phrases of ESG sustainable improvement, Mr. Li stated that LONGi not solely helps Pakistan with many high-quality photo voltaic merchandise, but in addition actively helps develop a brand new era of abilities in renewable vitality by means of skilled abilities coaching and building. in photovoltaic faculties. LONGi additionally helps enhance the dwelling circumstances of individuals locally and promotes sustainable improvement by means of donations of assorted supplies; To promote the discount of the carbon footprint by means of local weather motion and improve public local weather consciousness. LONGi offers native hospitals with solar energy, by means of worldwide organizations such because the United Nations High Commissioner for Refugees stations, upgrading their energy provide programs, enhancing the carbon footprint of native medical services .
With the go to of the Minister of Power in Pakistan, LONGi will extra confidently and strongly promote the large utility of “Green Power + Green Hydrogen” built-in options in Pakistan, in order that extra individuals can take pleasure in inexperienced vitality. LONGi stays decided to assist Pakistan in constructing a zero-carbon future!
Relevant