Longi(SH:601012) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-12 23:03Core Viewpoint - The article highlights the significant advancements in photovoltaic (PV) technology by Longi Green Energy, particularly through the leadership of Chief Scientist Xu Xixiang, who emphasizes the shift from homogeneous price competition to differentiated value creation in the solar industry [1][10]. Group 1: Technological Innovations - Longi Green Energy's research team has achieved a world record efficiency of 26.81% for silicon solar cells in October 2022, followed by an improvement to 27.3% in December 2023, and aims for 27.81% by the end of 2024 [2][3]. - The development of the high-low temperature hybrid HIBC battery technology represents a significant breakthrough, combining the advantages of low-temperature processes with cost-effective high-temperature methods [2][3]. - The bifacial cell (BC) technology has been successfully mass-produced, providing a differentiated high-efficiency product option in the market, with potential for further cost optimization through innovations like silver-free metallization [3][5]. Group 2: Industry Challenges and Solutions - The main challenge for the large-scale application of BC technology is its higher manufacturing costs due to additional process steps, which Longi is addressing through the development of non-silver metallization techniques [5][6]. - The company is focusing on integrating various technological pathways to enhance the reliability and manufacturability of non-silver metallization, with expectations for large-scale implementation by mid-2026 [5][6]. Group 3: Strategic Vision and Market Position - Longi Green Energy is committed to building an ecosystem around BC technology, promoting collaborative innovation to reduce R&D risks and accelerate technological iterations [6][10]. - The company adopts a "wide research, narrow investment" strategy, ensuring a balance between technological innovation and commercial application, which has led to successful large-scale applications of various technologies including PERC, TOPCon, and BC [9][10]. - The shift towards high-quality development in the solar industry is driven by technological innovation, with a focus on enhancing efficiency, reducing costs, and expanding application scenarios [10][12].