LONGi | |
Industry: | Silicon production |
Predecessors: | --> |
Successors: | --> |
Founders: | --> |
Hq Location Country: | China |
Areas Served: | --> |
Key People: | Baoshen Zhong |
Owners: | --> |
Xi'an LONGi Silicon Materials Corporation is a Chinese silicon producer. LONGi was established in 2000 and is the world's largest monocrystalline silicon producer. Baoshen Zhong is LONGi's chairman.
In early 2016, LONGi signed a $1.84 billion solar panel sales agreement with SunEdison Products Singapore and agreed to purchase silicon manufactured in South Korea. LONGi also took over SunEdison's Malaysian silicon plant.[1] [2]
In early 2018, LONGi announced plans to build a new 5 GW module assembly plant in the Chuzhou Economic and Technological Development Zone in China's Anhui province, pending an internal review process, then an investment of approximately RMB 1.95 billion (US$300 million) and approximately 28 months of construction and start-up for manufacturing operations to commence.[3] [4]
In 2024, LONGi announced plans to reduce workforce overcapacity by 30% staff reductions.[5] In April 2024, the European Commission initiated an investigation into LONGi over anti-competitive subsidies.[6]