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LONGi Green Energy Technology
One of the world's largest silicon solar makers, stacking up tandem cell efficiency records

LONGi is a listed Chinese company and one of the largest makers of monocrystalline silicon solar cells in the world. It comes up in perovskite coverage for one reason: its tandem cells, which place a perovskite layer on top of silicon, have repeatedly set world records for certified efficiency. In July 2026 it announced 35.5%, certified by JRC-ESTI in Europe. Yet its annual report says nothing at all about a tandem production line, investment in one or a launch date. Using primary sources only, this profile separates what the records actually are (cell area and certifying body) from what the company has not yet disclosed.

Sources: the 2025 annual report and 2026 interim report filed with the Shanghai Stock Exchange, press releases on LONGi's official website, and the cell efficiency data table and champion module efficiency chart published by NLR (formerly NREL), used as primary material. Last updated September 2026.

What this article covers
  1. LONGi in 30 seconds, and where it stands in perovskite solar cells
  2. The logo and how the name is written
  3. Where the company sits in the perovskite solar cell field
  4. Scale (the silicon business in brief)
  5. Resources committed to perovskites
  6. What it has done so far
  7. What comes next
  8. What the company is aiming for in perovskite solar cells
  9. Map of perovskite partnerships
  10. Technology, products and services
  11. The risks this company carries
  12. Glossary, references and claim-to-source audit

1. LONGi in 30 seconds, and where it stands in perovskite solar cells

LEGAL NAMELONGi Green Energy Technology Co., Ltd.The company's own English name; the legal name is registered in Chinese
HEADQUARTERSXi'an, Shaanxi Province, ChinaRegistered address: 388 Hangtian Middle Road, Chang'an District, Xi'an
LISTINGShanghai Stock Exchange
601012
A shares. Founded in 2000
CATEGORY IN THIS FIELDEstablished PV maker
(entering from silicon mass production)
Not a perovskite specialist
PRODUCT FORMATTandem with silicon
(two-terminal)
No film-type or glass-type single-junction product announced
BEST CELL EFFICIENCY35.5%Company-reported as JRC-ESTI certified (July 2026). A small cell of about 1 cm²
LARGE-AREA CELL33% (260.9 cm²)Company-reported as NREL certified (June 2025)
PRODUCTION AND LAUNCH PLANSNone publishedThe annual report gives no timing, capacity or investment
The one thing to grasp first

Companies working on perovskite solar cells fall into three broad types: established PV makers, perovskite start-ups, and materials and electronics firms coming in from other industries. LONGi is an established PV maker, and what it is pursuing is not a stand-alone perovskite cell but a "tandem" that adds one perovskite layer on top of the silicon cell it already does best Sourced. The 2025 annual report describes tandems as its "reserve of next-generation ultra-high-efficiency tandem technology", placing them as the generation after its mainstay BC (back-contact) cells. For LONGi, in other words, perovskite is not a replacement for silicon but an add-on that breaks through silicon's efficiency ceiling. That is the decisive difference from the start-ups that stake everything on perovskites alone.

2. The logo and how the name is written

The LONGi logo is the company's trademark. Rather than recreate it with an image generator, this article uses the logo image (SVG) embedded in the official website, saved as img/longi_logo.svg.

A note on names: the legal name is registered in Chinese, and the company's English name is LONGi Green Energy Technology Co., Ltd. Its short name on the Shanghai Stock Exchange translates as "LONGi Green Energy"; according to the annual report, the earlier short name was "LONGi Shares". Japanese coverage writes the name in several ways, and English coverage sometimes spells it Longi; this article uses LONGi throughout.

Official site: https://www.longi.com/en/

3. Where the company sits in the perovskite solar cell field

Three types of company working on perovskite solar cells All of them "work on perovskites", yet their origins and aims could hardly differ more Established PV makers Perovskite start-ups Materials & electronics firms Build on silicon mass production Compete on perovskites alone Enter with skills from other fields LONGi / JinkoSolar Trina Solar / Hanwha Qcells, etc. Oxford PV / Swift Solar EneCoat / Renshine Solar, etc. Sekisui Chemical / Panasonic Toshiba / Kaneka, etc. Already own sales and factories Can lead on sharp technology Film, glass and sealing know-how Silicon remains the core business High hurdles: scale-up, funding Thin sales channels for solar LONGi sits at the far left, concentrating on tandems that put perovskite on its own silicon cells It keeps setting certified records on small cells, but by September 2026 had named no line or launch date
Fig. 1 The three types of company working on perovskite solar cells, and where LONGi sits. The classification is our own, and the companies shown are examples drawn from those covered in this series Our calculation. That LONGi treats tandems as a reserve of next-generation technology is based on its 2025 annual report; the absence of any production plan is based on that report and the 2026 interim report.

In terms of product format, every result LONGi has published is a two-terminal (monolithic) tandem, with the perovskite cell built directly on top of the silicon cell as a single device Sourced. The company has not announced any plan to commercialise a film-type or glass-type single-junction perovskite module. How tandems work is covered in detail in our explainer on perovskite-silicon tandems.

4. Scale (the silicon business in brief)

The solar business as a whole is not the subject of this article, so only its size is noted Sourced. Amounts are in Chinese yuan (CNY).

CNY million (years to December)202320242025
Operating revenue129,49882,58270,347
Net profit attributable to shareholders of the parent10,780−8,592−6,420
R&D expense (income statement)–1,8151,547
R&D input (company definition, including pilot-scale costs)––4,299 (6.11% of revenue)

The 2024 net result is the figure restated in the 2025 annual report after a change in accounting policy. Figures rounded to the nearest CNY million Our calculation.

ItemFigureAs of
Employees (parent company and main subsidiaries)32,775End of December 2025
R&D staff3,096 (9.45% of the total)End of December 2025. Of these, 71 hold doctorates and 517 master's degrees
Operating revenue, first half of 2026CNY 27,045 million (down 17.58% year on year)Six months to June 2026
Net loss attributable to the parent, first half of 2026CNY 3,684 millionSix months to June 2026
A caution

The figures above are for the company as a whole, and most of that business is silicon wafers, cells and modules. They say nothing about the scale of the perovskite effort. LONGi discloses none of the relevant numbers for perovskites (tandems): revenue, R&D spending, dedicated headcount or capital expenditure Not yet confirmed. The company also posted net losses in both 2024 and 2025, and again in the first half of 2026. How the money available for R&D is being allocated while it is losing money cannot be seen from outside.

5. Resources committed to perovskites

Amounts and headcount are not published, but the press releases are quite specific about who is doing the work and with whom.

Type of resourceWhat it isCategory
People (dedicated organisation)The tandem cell team at the Central R&D Institute. In a June 2024 release, a company vice-president said the institute's research team numbered "more than 5,000" and that the tandem team's average age was 28. The size of the tandem team itself is not disclosedSourced (headcount not disclosed)
People (leadership)Founder Li Zhenguo serves as both president of the Central R&D Institute and CTO (June 2025 release). Xu Xixiang and He Bo of the Central R&D Institute are named in tandem-related releasesSourced
Money (R&D spending)Company-wide R&D input was CNY 4,299 million in 2025. The share going to tandems and perovskites is not disclosedNot disclosed
Money (line investment)No investment amount or capacity has been disclosed for a tandem production line or pilot lineNot confirmed
Outside stakes, acquisitions and joint venturesNo investment in, acquisition of or joint venture with a perovskite company appears in the annual report, interim report or releases (the 2025 acquisition was in energy storage)Not confirmed
Universities and research institutesJoint papers with Soochow University (a new self-assembled monolayer material; flexible tandems), the Changchun Institute of Applied Chemistry, Chinese Academy of Sciences (a diradical SAM; Science, 2025), and Xi'an Jiaotong University and others (flexible tandems; Nature, 2025)Sourced
Public fundingNo selection for a government project on perovskite tandems, and no subsidy amount, has been found in the disclosuresNot confirmed
A materials engineer's view: "5,000" and "3,096" are not counting the same thing

The June 2024 release puts the Central R&D Institute's research team at "more than 5,000", while the 2025 annual report gives 3,096 R&D staff Sourced. The two figures date from different times, and one is a public-relations description while the other is a statutory count, so their definitions do not match. Neither is a count of people dedicated to tandems, so it cannot be said that "LONGi has thousands of people working on perovskites". What the primary sources do support is narrower: tandems are handled by one team within the Central R&D Institute, and a young team (average age 28) is setting new records in quick succession.

6. What it has done so far

LONGi's perovskite history is, almost entirely, a history of certified efficiency records. The table separates small cells from large-area cells and modules. Cells of about 1 cm² are small research devices, and their efficiency is not product efficiency.

WhenWhat happenedArea and certification
May and June 2023Announced 31.8% at SNEC 2023 and 33.5% at Intersolar Europe 2023Company-reported (recapped in a November 2023 release)
November 2023Announced 33.9%, which it described as the first result to exceed the theoretical limit for single-junction cells (33.7%)About 1 cm² / NREL. Listed in NLR's efficiency data table
June 2024Announced 34.6% (SNEC 2024)About 1 cm² / JRC-ESTI. Listed in NLR's efficiency data table
June 202430.1% on a wafer-scale tandem in the commercial M6 size. The company said it began research on mass-production technology in October 2023 and had overcome large-area film formation in ambient air and ultra-low-temperature metallisationM6 wafer scale / Fraunhofer ISE (company-reported)
September 2024Published the technology behind 33.9% (dual-layer passivation using an ultra-thin LiF layer and diammonium molecules) in NaturePaper
April 2025Announced 34.85%About 1 cm² / NREL. Listed in NLR's efficiency data table
June 202533% on a large-area (260.9 cm²) two-terminal tandem cell, which the company said was included in the efficiency tables (Version 66)260.9 cm² / NREL (company-reported)
June and July 2025Published a diradical SAM (Science, with the Changchun Institute of Applied Chemistry and others) and an asymmetric SAM, "HTL201" (Nature, with Soochow University)Papers
November 2025Published a flexible tandem about 60 µm thick in Nature: 33.4% on a small area and 29.8% at full wafer sizeSmall area by NREL, full size by Fraunhofer ISE (company-reported)
Full year 2025The annual report states "35.1% on an NREL-certified prototype device (1 cm²) and 34.11% on a large area (261.1 cm²)"Statutory disclosure (the company's statement)
March 2026"High-efficiency, stable flexible perovskite/silicon tandem technology", developed with Soochow University, was selected as one of China's Top 10 Scientific Advances of 2025Company-reported
May 202635.2% included in the efficiency tables (Version 68), as described in the July 2026 releaseAbout 1 cm² / JRC-ESTI. Listed in NLR's efficiency data table
July 2026Announced 35.5%, together with 34.3% (261 cm²) and 32.2% (274 cm²) on large areas and 31.4% and 29.4% on tandem modules35.5% by JRC-ESTI (company-reported). Not yet in NLR's table when we checked
Reading the record numbers

This is what could be confirmed in third-party tables Sourced. NLR's (formerly NREL's) cell efficiency data table lists LONGi perovskite/silicon tandems at 33.9% (measured by NREL), 34.6% (JRC-ESTI), 34.85% (NREL), 35.0% (JRC-ESTI) and 35.2% (JRC-ESTI), all with an area of about 1 cm². NLR's champion module efficiency chart also names LONGi as the holder of the perovskite/silicon module record of 31.6%.

By contrast, 35.5% and the large-area cell figures (33%, 34.11%, 34.3% and 32.2%) could be confirmed only from the company's own announcements and disclosures Not yet confirmed. Even for "large area", the annual report gives 34.11% on 261.1 cm² while the July 2026 release gives 34.3% on 261 cm², which may reflect measurements taken at different times. The module figures also disagree, with 31.4% in the release and 31.6% in NLR's chart; this article does not favour either and shows both.

7. What comes next

PLACE OF TANDEMSA next-generation "technology reserve"The wording of the 2025 annual report
THREE-TIER R&D MODELOne generation in production, one in development, one in reserveA policy repeated in the releases
USES FOR FLEXIBLE TANDEMSSpace, vehicles and moreApplications named in the November 2025 release
START OF MASS PRODUCTIONNone publishedNot in the annual report, the interim report or any release

The 2025 annual report says the tandem results have "laid the foundation for moving from the laboratory to industrial application" Sourced. Put another way, the company itself acknowledges that it is not yet at the industrialisation stage. In the 2026 interim report, too, the only mention of tandems is the 35.5% record; no production timetable appears.

What could not be confirmed

None of the following appears in the annual report, the interim report or the official releases Not yet confirmed.

When tandem mass production will start; the location and capacity of a production line; whether a pilot line exists and how large it is; capital expenditure and R&D spending on tandems; product model numbers and prices; and long-term outdoor reliability data. Figures of the form "LONGi will mass-produce tandems in year X" mostly come from press reports or research firms, and this article does not use them.

8. What the company is aiming for in perovskite solar cells

This section goes beyond what the company says directly. It sets out inferences that can be drawn from primary sources, each with its basis.

What can be readPrimary evidence behind itCategory
Perovskite is a way to add value to LONGi's own silicon cells, not a business in its own rightEvery published result is a two-terminal tandem with silicon. The June 2024 release says the technology "can be integrated with existing silicon cell processes" as an upgrade to current technologyInference
BC cells are the mainstay for now, and tandems come after themThe annual report covers BC mass production and patents in detail but gives tandems a single sentence as a "next-generation technology reserve". Also the three-tier R&D policy (production, development, reserve)Inference
It uses records to show a technical lead while keeping its production timing under wrapsOf the nine tandem-related releases since November 2023 that we checked, not one gives the timing, location or capacity of mass productionInference
Research on larger areas and production processes is already under wayThe June 2024 release states that research on mass-production technology "began in October 2023" and that large-area film formation in ambient air and ultra-low-temperature metallisation had been overcome. A certified value for a 260.9 cm² cell has also been publishedSourced
Flexible tandems will enter through high-value uses such as space and vehiclesThe November 2025 release names space and vehicle applications and highlights a specific power of 1.77 W/gInference
One inference, explained in full

In the June 2024 release on 30.1% at M6 wafer scale, He Bo of the Central R&D Institute said the company "began research on tandem mass-production technology in October 2023 and, within six months, overcame two challenges: forming large-area perovskite films in ambient air and ultra-low-temperature metallisation (electrode formation)" Sourced. Neither is a problem for small cells made in a laboratory glovebox or by evaporation; both only become obstacles when the cells are made in a factory. LONGi is therefore showing, in its own words, that alongside its record cells (about 1 cm²) it is working on problems that only arise in mass production. That it still gives no timing, location or capacity for production is, in this article's reading, because it is not yet confident of large-area yield and outdoor durability Not yet confirmed. The company has not explained its reasons, however, and this remains our interpretation.

9. Map of perovskite partnerships

LONGi's perovskite (tandem) collaborations Only relationships stated in LONGi's releases and annual report; press-reported ties are excluded Joint research, co-authored papers Efficiency certification only (dotted); not a partnership LONGi R&D Institute Soochow University Asymmetric SAM (Nature, 2025) Flexible tandem Changchun Inst. of Applied Chem. Chinese Academy of Sciences Diradical SAM (Science, 2025) Xi'an Jiaotong University, etc. Flexible tandem (Nature, November 2025) Certification bodies NREL (now NLR) / JRC-ESTI Fraunhofer ISE
Fig. 2 LONGi's perovskite (tandem) collaborations. Sources: LONGi press releases (June 2024, July 2025, November 2025, March 2026 and others) and the 2025 annual report. Solid lines are joint research partners and co-authors of papers; the dotted line leads to the bodies that measured and certified efficiency. Certification bodies are third parties contracted to take measurements, not partners. Partnerships with materials or equipment makers, joint ventures with other companies and equity investments could not be confirmed in primary sources and are not shown.

10. Technology, products and services

As of September 2026, LONGi does not sell any product that uses perovskites Not yet confirmed. What it has published is technology at the research stage. The table below breaks it down, based on the releases and the company's summaries of its papers.

ItemWhat the primary sources say
StructureA two-terminal (monolithic) perovskite/silicon tandem. The bottom cell is a double-side-textured heterojunction (HJT) silicon cell (from the company's summary of the July 2025 Nature paper)
Top surface of the upper cellDual-layer passivation, combining an ultra-thin lithium fluoride (LiF) layer dotted at the nanoscale with diammonium molecules, suppresses recombination at the interface with the electron transport layer (the technology behind 33.9%)
Underside of the upper cellAn asymmetric carbazole-based SAM, "HTL201", used as the hole transport layer, coats the textured silicon surface evenly and delivered a voltage of about 2 V (the technology behind 34.6%)
Material stabilityA donor-acceptor diradical SAM combines efficiency with stability (Science, 2025)
FlexibilityUses ultra-thin silicon about 60 µm thick, with a "dense" and a "sparse" double buffer layer to prevent the interfaces from peeling apart when bent. Specific power of 1.77 W/g
Processes with production in mindLarge-area perovskite film formation in ambient air and ultra-low-temperature metallisation (as described in June 2024)
A materials engineer's view: the contest is coating evenly over pyramids

Production silicon cells carry pyramid-shaped texturing a few micrometres high on their surface to trap light. Stack perovskite on top and the film thickness varies between peaks and valleys; wherever the bottom-most layer, the hole transport layer, ends up too thin, current leaks away. LONGi keeps publishing papers on the molecular design of self-assembled monolayers (SAMs) because covering the textured surface without gaps, with a layer just one molecule thick, is what decides efficiency Sourced (the asymmetric SAM is described as improving "coverage and uniformity on textured surfaces").

The other challenge, ultra-low-temperature metallisation, also comes from a materials constraint. Silicon cell electrodes are normally fired at several hundred degrees Celsius, but perovskites contain organic components and cannot withstand such heat. In a tandem, the electrodes have to be formed at low temperature after the perovskite is in place, and achieving low resistance and good adhesion with silver paste becomes a difficult step in the process. For encapsulation and barrier layers, see also our explainer on encapsulation and barrier layers.

11. The risks this company carries

RiskSubstanceCategory
Losses in the core businessNet losses in two consecutive years, 2024 and 2025 (a net loss of CNY 6.42 billion in 2025), and a net loss of CNY 3.68 billion in the first half of 2026. R&D expense in the income statement fell 14.79% year on year in 2025Sourced
No published production planThe timing, capacity and investment for tandem mass production are all undisclosed, so progress cannot be verified from outsideNot yet confirmed
Records are mostly on small cellsThe cell records that can be confirmed in third-party tables are about 1 cm². Large-area cell values are company-reported and vary depending on when they were measuredSourced
No visible durability dataCompared with the efficiency announcements, no figures for long-term outdoor reliability appear in the primary sourcesNot yet confirmed
Internal competition with its own BC cellsBC cell production and patents are the company's top priority, and it is unclear whether tandems will move up the list for capital investmentInference
Records do not stay records for longOther companies and research institutes also keep setting efficiency records, so no single record is held for longInference

12. Glossary

Tandem solar cell
Two cells that absorb different parts of the light spectrum, stacked on top of each other. LONGi places perovskite on top of silicon.
Two-terminal (monolithic)
A structure in which the upper and lower cells are built as a single device with just one pair of electrodes. The wiring is simpler than a four-terminal design, but the currents of the two cells must be matched.
SQ limit
The Shockley-Queisser limit: the theoretical maximum efficiency of a single-junction solar cell (about 33.7%). Tandems can exceed it.
SAM
Self-assembled monolayer. A film just one molecule thick that covers a substrate, used as the hole transport layer in perovskite cells.
BC (back contact)
A silicon cell with all of its electrodes on the back. LONGi's core technology.
HJT
Heterojunction. A cell structure combining crystalline and amorphous silicon. Because it is made with low-temperature processes, it is often used as the bottom cell in tandems.
Certified efficiency
Efficiency measured by a third-party body such as NREL (now NLR), JRC-ESTI or Fraunhofer ISE, as distinct from a company's in-house measurement.
JRC-ESTI
The European Solar Test Installation, the solar cell measurement facility of the European Commission's Joint Research Centre.
Concept diagram: a tandem cell with a thin perovskite layer laid evenly over a textured silicon cell
Fig. 3 Concept diagram of the perovskite/silicon tandem LONGi is developing. This is an AI-generated concept image and does not depict actual equipment or products.

13. References

  1. LONGi Green Energy Technology Co., Ltd. LONGi Green Energy Technology Co., Ltd. 2025 Annual Report (in Chinese; disclosed on the Shanghai Stock Exchange, 29 April 2026). Corporate information, operating revenue, net profit, R&D expense and R&D input, employees and R&D staff, tandem efficiencies (35.1% on 1 cm² and 34.11% on 261.1 cm², NREL certified) and the description of tandems as a "next-generation technology reserve". http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
  2. LONGi Green Energy Technology Co., Ltd. LONGi Green Energy Technology Co., Ltd. 2026 Interim Report (in Chinese; disclosed on the Shanghai Stock Exchange, 31 August 2026). Operating revenue, net loss and R&D expense for the first half of 2026, and the ESTI-certified 35.5%. http://static.cninfo.com.cn/finalpage/2026-08-31/1225535067.PDF
  3. LONGi Press release, "35.5%! LONGi Once Again Breaks World Record for Crystalline Silicon-Perovskite Tandem Solar Cell Efficiency" (14 July 2026). 35.5% (ESTI), inclusion of 35.2% in Version 68 of the efficiency tables, large-area 34.3% and 32.2%, tandem modules at 31.4% and 29.4%, and the three-tier R&D model. https://www.longi.com/en/news/crystalline-silicon-perovskite-tandem-solar-cell-new-world-efficiency-2026/
  4. LONGi Press release, "34.85%! LONGi Breaks World Record for Crystalline Silicon-Perovskite Tandem Solar Cell Efficiency Again" (April 2025, the week after the HIBC 27.81% announcement). 34.85% (NREL) and the history of earlier records. https://www.longi.com/en/news/silicon-perovskite-tandem-solar-cells-new-world-efficiency/
  5. LONGi Press release, "LONGi Announces Two New Global Solar Cell Efficiency Records" (12 June 2025). 33% on a large area of 260.9 cm² (NREL), inclusion in Version 66 of the efficiency tables, and Li Zhenguo as president of the Central R&D Institute and CTO. https://www.longi.com/en/news/new-world-record-in-snec-2025/
  6. LONGi Press release, "LONGi's Tandem Solar Cell Breakthroughs Consecutively Published Online In Nature and Science" (July 2025). Dual-layer passivation (Nature, 2024), the asymmetric SAM HTL201 (Nature, 2025, with Soochow University) and the diradical SAM (Science, 2025, with the Changchun Institute of Applied Chemistry and others). https://www.longi.com/en/news/nature-and-science-research-of-tandem-solar-cell/
  7. LONGi Press release, "Nature Consecutively Publishes LONGi's Breakthroughs in HIBC and Flexible Silicon-Based Tandem Solar Cells" (November 2025). The flexible tandem (33.4% on a small area, NREL; 29.8% at full size, Fraunhofer ISE), research partners, applications in space and vehicles, and the date of the HIBC 27.81% announcement (11 April 2025). https://www.longi.com/en/news/breakthroughs-in-hibc-and-flexible-silicon-based-tandem-solar-cells-nature/
  8. LONGi Press release, "LONGi Takes the Lead in Breakthrough in Flexible Tandem Technology Selected Among China's Top 10 Scientific Advances" (March 2026). Selection among the Top 10 Scientific Advances, thickness of about 60 µm, the double buffer layer and a specific power of 1.77 W/g. https://www.longi.com/en/news/top-ten-scientific-advances/
  9. LONGi Press release, "LONGi sets a new world record of 33.9% for the efficiency of crystalline silicon-perovskite tandem solar cells" (3 November 2023). 33.9% (NREL), and 31.8% in May and 33.5% in June 2023. https://www.longi.com/en/news/new-world-record-for-the-efficiency-of-crystalline-silicon-perovskite-tandem-solar-cells/
  10. LONGi Press release, "34.6%! Record-breaker LONGi Once Again Sets a New World Efficiency for Silicon-perovskite Tandem Solar Cells" (14 June 2024). 34.6% (ESTI) and integration with existing silicon processes. https://www.longi.com/en/news/2024-snec-silicon-perovskite-tandem-solar-cells-new-world-efficiency/
  11. LONGi Press release, "LONGi announces the new world record efficiency of 30.1% for the commercial M6 size wafer-level silicon-perovskite tandem solar cells" (19 June 2024). 30.1% at M6 wafer scale (Fraunhofer ISE), when research on mass-production technology began, and the size of the Central R&D Institute and average age of the tandem team. https://www.longi.com/en/news/is-m6-wafer-silicon-perovskite-tandem-cells-new-efficiency-record/
  12. NLR (U.S. national laboratory, formerly NREL) Cell efficiency data table. Entries for LONGi perovskite/silicon tandems at 33.9%, 34.6%, 34.85%, 35.0% and 35.2%, with area and measuring body. https://www.nlr.gov/docs/libraries/pv/cell-efficiency-data-table.xlsx
  13. NLR (U.S. national laboratory, formerly NREL) Champion Module Efficiencies chart. LONGi as holder of the perovskite/silicon module record of 31.6%. https://www.nlr.gov/docs/libraries/pv/champion-module-chart.pdf
  14. LONGi Official website (source of the company name style and the logo image). https://www.longi.com/en/

14. Claim-to-source audit

Claim in the articleCategorySource
Legal name, registered address, listing venue and stock code, and the former short name "LONGi Shares"SourcedReference 1 http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
Operating revenue and net profit (2023 to 2025), R&D expense, and R&D input of CNY 4,299 million (6.11%)SourcedReference 1 http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
32,775 employees and 3,096 R&D staff (9.45%)SourcedReference 1 http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
First-half 2026 operating revenue of CNY 27,045 million and net loss of CNY 3,684 millionSourcedReference 2 http://static.cninfo.com.cn/finalpage/2026-08-31/1225535067.PDF
Tandems described as a "reserve of next-generation ultra-high-efficiency tandem technology", with 35.1% on 1 cm² and 34.11% on 261.1 cm² (NREL certified)SourcedReference 1 http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
35.5% (company-reported as ESTI certified), inclusion of 35.2% in Version 68 of the efficiency tables, large-area 34.3% and 32.2%, modules at 31.4% and 29.4%SourcedReferences 3 and 2 https://www.longi.com/en/news/crystalline-silicon-perovskite-tandem-solar-cell-new-world-efficiency-2026/
Announcement of 34.85% (NREL)SourcedReference 4 https://www.longi.com/en/news/silicon-perovskite-tandem-solar-cells-new-world-efficiency/
33% on a large area of 260.9 cm² (NREL), and Li Zhenguo as president of the Central R&D Institute and CTOSourcedReference 5 https://www.longi.com/en/news/new-world-record-in-snec-2025/
Dual-layer passivation, the asymmetric SAM HTL201 (Soochow University) and the diradical SAM (Changchun Institute of Applied Chemistry and others)SourcedReference 6 https://www.longi.com/en/news/nature-and-science-research-of-tandem-solar-cell/
Flexible tandem (33.4%, NREL; 29.8%, Fraunhofer ISE), joint research with Xi'an Jiaotong University and others, and applications in space and vehiclesSourcedReference 7 https://www.longi.com/en/news/breakthroughs-in-hibc-and-flexible-silicon-based-tandem-solar-cells-nature/
Selection among the Top 10 Scientific Advances, thickness of about 60 µm, double buffer layer and specific power of 1.77 W/gSourcedReference 8 https://www.longi.com/en/news/top-ten-scientific-advances/
33.9% (NREL), and 31.8% in May and 33.5% in June 2023SourcedReference 9 https://www.longi.com/en/news/new-world-record-for-the-efficiency-of-crystalline-silicon-perovskite-tandem-solar-cells/
34.6% (ESTI) and the statement that the technology can be integrated with existing silicon cell processesSourcedReference 10 https://www.longi.com/en/news/2024-snec-silicon-perovskite-tandem-solar-cells-new-world-efficiency/
30.1% at M6 wafer scale, the start of mass-production research in October 2023, film formation in ambient air and ultra-low-temperature metallisation, and the Central R&D Institute's "more than 5,000" staff and average age of 28SourcedReference 11 https://www.longi.com/en/news/is-m6-wafer-silicon-perovskite-tandem-cells-new-efficiency-record/
NLR's efficiency data table lists LONGi at 33.9%, 34.6%, 34.85%, 35.0% and 35.2% (about 1 cm²)SourcedReference 12 https://www.nlr.gov/docs/libraries/pv/cell-efficiency-data-table.xlsx
NLR's champion module efficiency chart names LONGi as holder of the 31.6% perovskite/silicon recordSourcedReference 13 https://www.nlr.gov/docs/libraries/pv/champion-module-chart.pdf
The three types of perovskite solar cell company (established PV makers, start-ups, firms from other industries)Our calculationOur own classification. Companies shown are examples from those covered in this series
Conversion to CNY million (rounded)Our calculationOur own conversion from the original units (yuan and ten-thousand yuan) in references 1 and 2
Third-party confirmation of 35.5% and the large-area cell valuesNot yet confirmedNot in NLR's table when this article checked it. Treated as company-reported https://www.nlr.gov/docs/libraries/pv/cell-efficiency-data-table.xlsx
Tandem mass-production timing, lines, investment, dedicated staff, products and long-term reliability dataNot yet confirmedNot in references 1 to 11. Figures from press reports and research firms are not used http://static.cninfo.com.cn/finalpage/2026-04-29/1225251647.PDF
Investment in or joint ventures with perovskite companies, and selection for public fundingNot yet confirmedNot in references 1 and 2. This article does not conclude that none exists http://static.cninfo.com.cn/finalpage/2026-08-31/1225535067.PDF
The reading that perovskite is a way to add value to LONGi's own silicon cellsInferenceThis article's interpretation of the fact that every published result is a two-terminal tandem, and of the statement in reference 10
The reading that BC is the mainstay for now and tandems come nextInferenceThis article's interpretation of how reference 1 allocates its coverage, and of the three-tier policy
The reading that LONGi shows its lead through records while keeping production timing under wrapsInferenceThis article's interpretation of how the releases are built (records only, no production plan)
The reading that flexible tandems will enter through space and vehiclesInferenceThis article's interpretation of the applications named in reference 7
The reading that production timing is withheld because of large-area yield and durabilityInferenceThis article's interpretation of the process challenges described in reference 11. The company has not given its reasons
The risks of internal competition with BC and of records being quickly overtakenInferenceThis article's interpretation of how reference 1 allocates its coverage, and of the history of records in NLR's table

Last updated 25 September 2026 / Troy Technical
Every figure in this article comes from statutory filings LONGi has made with the Shanghai Stock Exchange, the company's official press releases and material published by NLR (formerly NREL). No research-firm estimates or press-based figures have been used. Passages marked "Inference" are this article's interpretation of primary sources, not statements made by the company.

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