LONGi- a China-based solar energy company has reportedly contracted an order to deliver 65MW high-performance photovoltaics (PV) components to a solar project which is backed by one of the world’s leading commercial banks of Japan.
Reportedly, as per the agreement, the solar project will witness the deployment of LONGi’s novel and advanced Hi-MO 4 modules along with the newly introduced M6 wafers.
Citing reliable sources, LONGi recently enhanced the footprint of its Hi-MO 4 unit. The development in the module renders superior power generation capabilities and leads to BOS cost savings.
Apparently, the project will be in Gunma Prefecture – a landlocked prefecture on Japan’s Honshu Island. LONGi is likely to be the only solar module supplier for the project.
High-efficiency modules by LONGi are equipped with the latest technology and are well recognized in the Japanese solar market.
In recent news, the company had joined the global RE100 initiative established by the Climate Group in partnership with CDP. The company aims at sourcing 100% renewable electricity across its entire global operations network by the year 2028 with a target of 70% by 2027.
For the record, the BloombergNEF recognized LONGi with the highest Altman-Z score among various PV manufacturers across the globe. PV Tech gave LONGi AAA rating, which is the highest recognition earned by a company in the field.
Incorporated in the year 2000, LONGi dominates the solar PV market with its constant product innovations and optimized power-cost ratio comprising of the latest and the most-advanced monocrystalline technologies. The company delivers over 30 GW of superior efficiency solar wafers and components per year. Headquartered in Xi’an, Shaanxi, China the company has a total of 6 subsidiaries worldwide.