Recently, LONGi Green Energy and Jinko Power respectively disclosed their latest business developments during investor communication activities.
LONGi Green Energy
The Back Contact (BC) technology route remains LONGi Green Energy's core development focus at present. According to the company, its HPBC 2.0 modules have established strong product advantages in high power output, low degradation, high safety, and high reliability. Currently, the average mass-produced power of mainstream formats reaches 650W to 660W, with maximum power peaking at 670W.
In the first quarter of 2026, LONGi Green Energy's BC module shipments reached 8.34GW, primarily driven by HPBC 2.0 products.
Regarding other technologies, the current production capacity for HIBC technology remains relatively small and is mainly targeted at high-end distributed application scenarios; whether it will be mass-produced in the future depends on the comparative research results of different BC technology routes. As for crystalline silicon-perovskite tandem solar cell technology, there are currently no plans for the mass production of related products.
Additionally, in terms of battery metallization solutions, the company's self-developed nano-alloy contact matrix (ACM) technology platform is advancing in large-scale construction, with a 20GW production line expected to be completed by June 2026.
Aside from its core photovoltaic (PV) business, energy storage has become LONGi Green Energy's new strategic growth direction. The company stated that, relying on the energy storage system integration technological advantages of an acquired target company, it has launched full-stack self-developed energy storage system products, which can fully leverage the established brand reputation, global channels, and premium customer resources of its mature PV business.
Since releasing its energy storage products in early April 2026, the company has forged several domestic and international strategic partnerships and successfully delivered energy storage products, primarily targeting large-scale and commercial & industrial (C&I) energy storage applications.
In terms of shipment planning, LONGi Green Energy has set a target of 6GWh for energy storage system shipments in 2026. The company noted that, because the integration of the energy storage business was just completed in the first quarter of this year, the majority of shipments are expected to be concentrated and released in the second half of the year.
Jinko Power
Jinko Power stated that in 2025, influenced by factors such as solar curtailment and market-based power trading, the company's operating revenue and gross profit from power generation experienced a decline. However, the company partially offset this impact through an asset-light transition involving power station transfers. Furthermore, through refined management, the company effectively achieved cost reductions and efficiency gains, leading to a significant decrease in period expenses; meanwhile, by strengthening accounts receivable and asset management, asset impairment losses, credit impairment losses, and non-operating expenses decreased significantly year-over-year, driving a continuous improvement in overall operational quality.
In the first quarter of 2026, operating revenue declined, and losses widened. The company explained that first-quarter operating performance is typically under pressure due to weaker solar irradiance and production halts during the Spring Festival holiday; simultaneously, it was impacted by solar curtailment, market-based trading, and a year-over-year decrease in transaction revenue following the basic clearance of residential PV assets by the end of 2025. The company believes that its operating conditions are expected to improve as subsequent power station transfer projects are gradually implemented.
Source：EnergyTrend
