LONGi will be taking part in TaiyangNews’s first Solar & Sustainability Virtual Conference on March 30, 2023; Lingda Group’s net profit in 2022 at RMB 16.9 million.
LONGi at TaiyangNews Solar & Sustainability Conference: Talisman Huo, Brand GM & Head of Global Marketing, LONGi will be participating in TaiyangNews’s first Solar & Sustainability Virtual Conference on March 30, 2023. He will be addressing the topic: Sustainability Strategy of the World’s Largest PV Company. As the solar industry grows rapidly and massive volumes of solar systems are being installed around the world, it is important that sustainability topics are not forgotten. While solar is sustainable in itself, it’s still an industrial product, requires space, and has an end to its life. The Conference, which will take place from 9:30 – 13:15 CET, will take a look at solar and sustainability from various angles – including material suppliers, manufacturers, developers, and certification bodies. The event promises to be an interesting one and other esteemed solar PV stakeholders like RISEN Energy, BayWa r.e., Aquila Capital, TÜV Süd will also be taking part. Do join. Registrations are for free. To register now, click here.
Lingda Group releases 2022 annual report: Announcing its 2022 annual report, new energy development company, Lingda Group, said that it has achieved:
- an operating income of RMB 1.5 billion ($0.22 billion), a year-on-year increase of 47.94%, and
- a net profit of RMB 16.9 million ($2.47 million), a significant reduction in losses by 76.17% year-on-year
Lingda Group said over 90% of its revenue came from its PERC monocrystalline silicon solar cell business run by its wholly-owned subsidiary, cell maker Jiayue Solar. In 2022, the company’s monocrystalline silicon production capacity was 423.5 million pieces, and the actual output was 353.4 million pieces, a year-on-year increase of 30.99%. With this, the company achieved sales of 350.7288 million cells, which was a year-on-year increase of 30.97%. This resulted in sales revenue of RMB 1.5 billion ($0.22 billion), a year-on-year increase of 51.88%. Today, the company has about 636.04 million pieces of monocrystalline silicon pieces under development. The planned production capacity is expected to be about 1.075 billion pieces.
