LONGi Solar Hits a Roadblock in the US-Can it overcome the Challenges?

LONGi Solar Hits a Roadblock in the US-Can it overcome the Challenges?
Case Code: BSTR674
Case Length: 10 Pages
Period: 2000-2023
Pub Date: 2024
Teaching Note: Available
 Price: Rs.400
Organization : LONGi Green Energy Technology Co., Ltd.
Industry : Energy
Countries : United States
Themes: International Trade, Trade Agreements, International Business,Global Strategy
LONGi Solar Hits a Roadblock in the US-Can it overcome the Challenges?
Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

In March 2023, LONGi Green Energy Technology Co., Ltd. (LONGi), a Chinese solar panel manufacturing company, entered into a collaboration with Invenergy , a solar developer and operator based in the US. Invenergy planned to invest US$ 600 million in the venture through a new company, Illuminate USA , and the company would set up a facility with a production capacity of 5GW to manufacture LONGi solar modules. Commercial production of solar modules was expected to commence in December 2023.

Founded in 2000, LONGi gradually expanded to other countries through partnerships and with new product launches. The company entered into various partnerships and joint ventures

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