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LONGi BC Technology Powers Two World-Leading Solar Racing Teams at the 2026 Elektrek American Solar Challenge

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LONGi BC Technology Powers Two World-Leading Solar Racing Teams at the 2026 Elektrek American Solar Challenge
Business

Business

LONGi BC Technology Powers Two World-Leading Solar Racing Teams at the 2026 Elektrek American Solar Challenge

2026-07-29 12:22 Last Updated At:12:45

XI'AN, China, July 29, 2026 /PRNewswire/ -- LONGi is strengthening its commitment to innovation in solar mobility by supporting two of the world's leading solar racing teams at the 2026 Elektrek American Solar Challenge (ASC), one of North America's premier solar-powered endurance competitions. This year's ASC takes competitors from Minnesota to Texas, with much of the route following the historic Route 66 corridor.

Taking place from July 25 to August 1, the ASC challenges teams to cover the greatest cumulative distance over eight days, rather than compete for outright speed. As they traverse diverse climate zones and complex terrain, teams must continuously optimize energy management and strategic decision-making throughout the endurance challenge.

For LONGi, the competition serves as more than a race — it is a real-world platform for validating and advancing next-generation photovoltaic technologies.

Expanding Partnerships with Two of the World's Leading Solar Racing Teams

Following its collaboration with Belgium's Innoptus Solar Team at the 2025 Bridgestone World Solar Challenge (BWSC), LONGi has further strengthened its technical collaboration within the global solar racing community.

For the 2026 season, LONGi is partnering with both Belgium's Innoptus Solar Team and the Netherlands' Delft Solar Team. Both teams ranked among the top three at the 2025 BWSC and represent the only two European teams competing in this year's Elektrek American Solar Challenge.

The expanded collaboration reflects LONGi's continued commitment to working alongside global innovators to explore the potential of photovoltaic technology through real-world engineering challenges.

High-Efficiency BC Technology at the Core

Solar racing represents one of the most challenging applications for photovoltaic technology. With extremely limited surface area available on the vehicle, every solar cell must achieve maximum conversion efficiency while maintaining reliability under dynamic operating conditions, curved vehicle surfaces, temperature variations, and long-distance endurance challenges.

To meet these requirements, LONGi provides tailored BC (Back Contact) technology solutions for both teams.

Innoptus Solar Team is equipped with LONGi's customized high-efficiency BC flexible modules, specifically designed for the curved surfaces and lightweight architecture of solar race cars. Meanwhile, Delft Solar Team integrates LONGi's high-efficiency BC solar cell strings into its vehicle's energy system.

As the vehicle's sole direct energy source, the photovoltaic system determines how effectively sunlight can be converted into usable power. High conversion efficiency, lightweight design, and operational reliability provide the foundation for innovations in aerodynamics, energy management, and vehicle control.

Technology, Strategy and Teamwork: Making Peak Performance Possible

Achieving peak performance in the Elektrek American Solar Challenge requires more than advanced photovoltaic technology alone. As the foundation of every solar race car, high-efficiency PV technology determines how much energy the vehicle can capture from sunlight and directly influences the power available throughout the journey.

Beyond the photovoltaic system, teams must continuously balance energy management, route strategy, and driving decisions based on changing sunlight conditions, weather patterns, and terrain. Every choice plays a role in maximizing the vehicle's potential and extending its range throughout the eight-day challenge.

Peak performance is also made possible through close collaboration between drivers, engineers, and technology partners. By combining technical expertise, strategic thinking, and teamwork, these collaborations transform innovative concepts into real-world performance.

Through its partnerships with leading solar racing teams, LONGi continues to explore the possibilities of high-efficiency photovoltaic technology in demanding environments, gaining valuable insights that help advance future solar applications.

Driving Innovation Beyond the Race

LONGi's partnerships with leading solar racing teams are built on technical collaboration and co-creation rather than sponsorship alone.

The company views solar motorsport as an innovation platform where advanced photovoltaic technologies can be validated, refined, and further developed under real operating conditions.  technology innovation, combining expertise across industries to accelerate breakthroughs in photovoltaic performance.

The value of these partnerships extends beyond the race itself. By working together with engineers, researchers, and innovators around the world, LONGi aims not only to provide advanced solar technologies, but also to foster an open innovation ecosystem where collective insights and collaboration help expand the boundaries of what solar energy can achieve.

As the global energy system evolves toward a more sustainable and integrated future, LONGi remains committed to advancing photovoltaic innovation, strengthening collaboration across the energy ecosystem, and unlocking new possibilities for a cleaner energy transition.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

LONGi BC Technology Powers Two World-Leading Solar Racing Teams at the 2026 Elektrek American Solar Challenge

LONGi BC Technology Powers Two World-Leading Solar Racing Teams at the 2026 Elektrek American Solar Challenge

HO CHI MINH CITY, Vietnam, July 29, 2026 /PRNewswire/ -- Global financial broker JustMarkets today released a report analyzing the gold (XAU/USD) market. The report identifies key macroeconomic drivers behind the current price correction and equips investors to respond to market shifts.

After hitting a record high above $5,595/oz in late January 2026, gold entered a volatile correction, falling to a multi-month low near $4,024/oz in mid-June. Despite traditional geopolitical support, gold continues to lose ground, a trend JustMarkets experts attribute to combined macroeconomic pressures.

Real Yields Are the Decisive Factor

Gold inherently yields no interest, making the reason many choose to trade CFDs on this precious metal instead of an interest-bearing asset quite apparent. Better-than-expected employment reports in early June, along with surprisingly hot CPI data, forced the market to pivot its expectations regarding the Fed—from cutting interest rates to holding them steady, or even raising them. As a result, real yields on US Treasury bonds climbed, and whenever interest rates rise, the appeal of non-yielding gold diminishes.

A Stronger USD Adds Pressure

Because the XAU/USD pair is denominated in US dollars, when the greenback strengthens, gold becomes relatively more expensive when purchased with other currencies, potentially leading to a decline in price-sensitive physical gold demand. When the USD index surpassed the 100 mark amid rising yields, the market fell into a "double headwind scenario," which was one of the reasons gold experienced its sharpest monthly decline since 2013 in March.

Central Bank Demand: Calm on the Surface, but Underneath...

Central banks were one of the primary drivers pushing gold prices higher between 2025 and 2026. The purchasing volume by these banks nearly doubled compared to the historical average. Recently, this activity has become more erratic as some banks, such as Türkiye, reduced their positions in Q1. However, the overall picture remains somewhat ambiguous because actual accumulation trades are often not fully disclosed in official reports.

Geopolitical Risks Carry a Dual Impact

Typically, conflict risks and instability are precisely what drive most investors toward safe-haven assets like gold. However, with the ongoing geopolitical tensions around the Strait of Hormuz, the situation has had a more negative than positive impact on the precious metal. Fears of inflation fueled by surging oil prices make it difficult for the Fed to lower interest rates, and this factor harms gold far more than the support provided by safe-haven sentiment. This demonstrates that the correlation between gold and geopolitical risk is highly context-dependent.

Implications for Gold Trading

None of these factors point to a single trend, with analysts' target prices varying widely while gold remains capable of surging hundreds of dollars on a single economic surprise. This volatility drives traders toward the XAU/USD pair, highlighting the need for fast and accurate execution and analysis.

To help traders navigate XAU/USD volatility, JustMarkets offers competitive spreads from 0 pips, leverage up to 1:3000, superior execution speed, real-time analytics, and 24/7 multilingual support.

About JustMarkets

JustMarkets is a reputable global financial broker providing multi-asset trading solutions, including Forex, precious metals CFDs, commodities, and indices. Committed to delivering a transparent, low-cost trading environment and modern technology, JustMarkets partners with investors worldwide to conquer market opportunities.

Risk Warning: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Please ensure you fully understand the risks involved and trade responsibly.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

JustMarkets Analyzes the Core Drivers Behind 2026 Gold Price Movements

JustMarkets Analyzes the Core Drivers Behind 2026 Gold Price Movements

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