LONGi Solar named Tier-1 Module manufacturer in Q4-2018 Bloomberg New Energy Finance Report on November 30th, 2018

LONGi in selected group of PV Manufacturers meeting BNEF's Tier 1 criteria

DNV-GL recognizes LONGi as "Top Performer" in their PV Module reliability Scorecard 2018

LONGi ranked as the most financially stable PV manufacturer in Asia,ranked the second worldwide.

Xi'AN,China,Nov. 30,2018 -- Bloomberg NEF's criteria require Tier 1module manufacturersto havesupplied their own-brands,own-manufacture products to six different projects,which are over 1.5MW and have been financed by six different banks in the past 2 years. Moreover,manufacturers in China,India and Turkey are subject to a more stringent rule that requires the project to be non-recourse,which means the bank undertakes the risk in the event of the modules failing. LONGi met all criteria and is joint fifth in the list in terms of in-house manufacturing capacity.

PV Project of LONGi Solar

"We are delighted,but of course not surprised,to be named in BNEF 'sTier-1 supplier," said Li Wenxue,President of LONGi Solar. "Consistently meeting and exceeding the bankability requirements for a range of investors is a must for any serious manufacturer,particularly as LONGi looks to further develop its international reach."

The report also updated the Altman-Z ratio of solar module manufacturers that measures the company's financial security. The test predicts the probability of a manufacturer going bankrupt in the next two years. LONGi was ranked the most secure company in Asia and second of all PV manufacturers worldwide.

While BNEF's Tier 1 and Altman-Z are strong indicators of a manufacturer's bankability,quality and reliability require a different measure. In its fourth annualPV Module Reliability Scorecard Report 2018,DNV GL,named LONGi Solar a "Top Performer" for module reliability. DNV GL awards are based on 4 stringent PV module reliability laboratory tests,which arecomprised bythermal cycling,damp heat,dynamic mechanical load and potential induced degradation. LONGi Solar received "Top Performer" in all four tests categories.

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