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LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

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LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings
Business

Business

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

2025-04-17 21:51 Last Updated At:22:15

XI'AN, China, April 17, 2025 /PRNewswire/ -- LONGi has announced the retention of its AAA rating in PV-Tech's Q1 2025 PV ModuleTech bankability ratings, marking the company's 21st consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi's consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

Since the launch of the new-generation BC products based on HPBC 2.0 in May 2024, LONGi has been winning large orders globally.

At the beginning of April, LONGi signed a 226MW Hi-MO 9 module supply agreement in Greece, which marks the largest BC utility project in Europe.

At the end of March, LONGi signed a Hi-MO X10 module supply framework agreement with a total capacity of 555MW with multiple EPC companies at the South Africa International Photovoltaic and Energy Storage Exhibition. The high-power generation per unit area and anti-shading features of the products have been highly recognized by African customers.

By the end of the first quarter of 2025, the global shipments of BC modules had exceeded 30GW, and the scale of reserved orders had exceeded 40GW.

With technological innovation as its mission, LONGi has been constantly improving the R&D of conversion efficiency in the crystalline silicon and crystalline silicon-perovskite tandem tracks. Up to now, it still holds the world records in these two major tracks.

On April 11th, LONGi announced at its Wuhu base in Anhui Province, China: Through the authoritative certification of the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the photoelectric conversion efficiency of its independently developed Hybrid Interdigitated-Back-Contact (HIBC) crystalline silicon solar cell has reached 27.81%, pushing the exploration of the limits of monocrystalline silicon photovoltaic cells to a new height.

At the same time, LONGi independently developed a two-terminal crystalline silicon-perovskite tandem solar cell that has achieved a conversion efficiency of 34.85%, certified by the U.S. National Renewable Energy Laboratory (NREL), once again breaking the world record for crystalline silicon-perovskite tandem cell efficiency.

The 21 consecutive AAA ratings are not only a strong testament to LONGi's reliability but also a footnote to LONGi's consistent commitment to product quality, stable operation, and long-termism. In the future, LONGi will continue to enhance its technological strength and risk-resistance capabilities, and work hand in hand with global partners to create a better future.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

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Artly debuts mini Barista Bot at National Restaurant Association 2025 show

2025-05-17 21:00 Last Updated At:21:15

CHICAGO, May 17, 2025 /PRNewswire/ -- Artly has unveiled new upgrades to its fully automated robotic barista, the Barista Bot, at the National Restaurant Association 2025 show (NRA). The upgrades include a more compact mini version of the Barista Bot, now only 4ft x 4ft, a bigger refrigerator for increased storage, a customizable design on its countertops to better fit the décor in different settings, and improved learning ability that allows the bot to make even more beverages.

Automation and robotics in restaurants are prominent themes at this year's NRA, and there is hardly a more striking example than of the robotic arm on Artly's mini Barista Bot pouring intricate latte art.

Designed for coffee shops, event venues, and restaurants, Artly's Barista Bot is built on Artly's Vision-Language-Action (VLA) AI model. Trained using motion capture data provided by world-class baristas, the Barista Bot can already craft 28 hot and iced beverages by replicating the artist's movements, including intricate latte art. Continuous improvements to Barista Bot's learning ability will allow for even more menu options.

The Barista Bot has served nearly 1 million cups of coffee since its first model five years ago, has raised over $10 million in funding, and can be found in 15 cafe locations across the US and major expansion plans this year. The upgrades and customization made to the new mini Barista Bot model on display at NRA 2025 were designed to help expand locations by being more versatile and more applicable. This includes countertop options in white, walnut, or the original wood coloring.  

"With these new upgrades, Barista Bot is now able to serve more drinks to more customers, becoming a natural addition to cafes that not only better fits the café's aesthetics but serves, fast, consistent and top-quality coffee." said Yushan Chen, Chief Operating Officer of Artly. "Our mission is to share culinary artistry with everyone, and we invite NRA attendees to come by and experience it firsthand."

Visit Artly to see the Barista Bot and more in action at the National Restaurant Association Show 2025 at McCormick Place in Chicago, May 17-20, booth #8739.

About Artly

Founded in 2020, Artly has transformed the coffee industry by combining advanced AI with a deep appreciation for artisanal coffee. Utilizing cutting-edge technology, the company provides authentic specialty coffee experiences through its robotic baristas. Since its inception, Artly has already generated over $5 million in coffee revenue. With a client portfolio that includes Jump Trading, Microsoft, MUJI, Nvidia, and other leading brands, Artly is poised to lead the food and beverage automation market while preserving the craftsmanship and artistry behind every cup.

To learn more, visit artly.ai

Media Contact

Cecilia Qian
Public Relations Manager
cecilia@impact5r.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Artly debuts mini Barista Bot at National Restaurant Association 2025 show

Artly debuts mini Barista Bot at National Restaurant Association 2025 show

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