Various reports indicate Chinese solar panel manufacturing goliath Longi is set to make its entrance into the energy storage market through the proposed acquisition of another company.
Which Battery Manufacturer Is Longi Pursuing?
Canada’s PotisEdge.
A recent article on Opis states:
“According to the Shaanxi Provincial Administration for Market Regulation, LONGi plans to secure 61.9998% of PotisEdge’s voting rights through a combination of equity acquisition, capital injection, and voting rights delegation, enabling the company to obtain independent control of PotisEdge.”
Longi’s peers and major competitors such as JinkoSolar, Trina Solar and Canadian Solar have already made the leap into storage. While Longi is a bit late to the game, better late than never as they say.
Given how tough the PV market is at the moment for manufacturers due to super-low prices on solar panels, a situation brought about by cut-throat pricing wars that Longi has been an active part of, the acquisition could bring some sunshine to the company’s bottom line.
Longi posted RMB 18.101 billion revenue for the third quarter of this year, down 9.8% year-over-year. Revenue to the end of September 2025 was CNY 50.915 billion, a 13.1% decrease on the previous year. It wasn’t great news, but Longi’s losses have been narrowing in recent quarters.
There’s been no formal announcement from Longi as yet regarding the planned PotisEdge acquisition, but the Opis piece points out the nature of the deal may fall below the mandatory disclosure threshold for listed companies.
Who Is PotisEdge?
The firm has an unusual name — ‘potis’ may be the Latin word meaning ‘able’ or ‘capable”.
Burnaby, British Columbia based PotisEdge was established in 2015. The company has manufacturing facilities in China — in Zhangjiagang — and a facility under construction in Suzhou. There’s also a factory in the USA (Atlanta, Georgia) being built. Along with other offices scattered across the globe, the firm has apparently recently set up an Australian headquarters, sales and service center in Melbourne.
Among its product range, PotisEdge manufactures residential, C&I and grid-scale battery solutions and currently has a production capacity of 31 GWh annually.
PotisEdge has been popping up around the place in Australia, most recently at the All Energy Australia event in Melbourne at the end of last month where it showed off some of its products. At the event, the company inked several distribution agreements.
PotisEdge home batteries, specifically the low-voltage Aloe Pro series, have been approved for use by the Clean Energy Council in Australia. The firm also has a high-voltage home battery — the Nora T10 — that appears destined for our shores, but at the time of publishing the Nora T10 wasn’t yet approved for installation here.
Longi At All-Energy
On a related note, Longi was also showcasing its wares at All-Energy this year, including the:
- EcoLife Premium Residential Module – up to 510W maximum power output.
- Hi-MO X10 Lightweight Module – targeting C&I rooftops not built to bear the weight of standard solar panels.
- Hi-MO 9 High-Efficiency Module – for extreme environments; tested to withstand 55 mm hailstones striking at a velocity of 33.9 m/s (122 km/h).
At the event, Longi and local distributor Raystech signed a new strategic memorandum of understanding shooting for 2GW of sales volume between 2026 to 2028 – that’s a lot of panels.
Longi Solar was founded in 2000 and started supplying solar panels to the Australian market in 2017. The firm has manufacturing facilities in China, Vietnam and Malaysia, and sales offices in more than 150 countries and regions worldwide. Here in Australia, its office is in Sydney.
Longi Solar panel reviews on SolarQuotes from Australian customers have averaged 4.9 stars overall (2,973 ratings) and 5 stars in the last 12 months (998 ratings). The company is currently listed as a SolarQuotes recommended solar panel brand.
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