LONGi and Hexagon Peak Sign 200 MWp Supply Deal for Vietnam

XI'AN, China, Oct. 21, 2019 /PVTIME/ -- LONGi Solar, a leading vertically integrated Tier 1 manufacturer of solar modules and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, announced the group entered into a supply deal with the manufacturer for 200 MWp of its latest mono PERC products, reaching 435Wp of nominal power output.

Hexagon Peak will utilize the modules for its pipeline of utility scale
projects in Vietnam, majority of which are to be commissioned by Q1 of 2021.

"We are very excited about this cooperation with LONGi,"
commented Mr. Milan Koev, CEO of Hexagon Peak and added - "Solar is more
or less a 20 year old industry, so we just passed our teenage years and
frontier companies like LONGi are leading the manufacturers of equipment to
becoming adults. Their products reliability, financial strength and above all
the people managing the business are the 3 most important factors for the
choice of a manufacturing partner for Hexagon in Vietnam."

"Hexagon Peak is a young, dynamic and ambitious company. LONGi is
proud to collaborate with them on this substantial project in Vietnam. As
partners, we will support Hexagon Peak with LONGi's leading products,
technologies and customer service."

"This collaboration will further enhance LONGi's presence in Vietnam,"
said Dennis She, Senior Vice President, LONGi Solar. "With our common
commitment to reliability, we are certain that LONGi and Hexagon Peak will
bring high quality photovoltaic power stations to Vietnam.

Hexagon Peak is currently in the process of acquiring over 200 MWp of
utility scale solar projects in Vietnam, with state utility company (EVN) as
energy off-taker and estimated COD in Q1 2021. "We have been working
closely and developed partnerships with a number of locally established EPCs
and project developers. In a brief period of time, Hexagon Peak has gained
access to a substantial pipeline of shovel-ready projects," added Mr. Dat
Le, Managing Director of Hexagon Peak Vietnam. "This cooperation with
LONGi will further demonstrate our commitment in the Vietnam market,"
concluded Mr. Le.

SOURCE: LONGi Solar

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