LONGi to Supply 65MW HI-MO 4 Modules to a Solar Project Financed by a Leading Japanese Bank

PVTIME – Chinese solar giant LONGi has
signed an order to supply 65MW high performance PV modules to a solar project
financed by one of the world’s top commercial bank in Japan. According to the
agreement, the solar project will adopt LONGi’s innovative Hi-MO 4 modules with
the new M6 (166mm) wafers.

The project will be located in Gunma Prefecture, Japan. LONGi was the sole
solar module supplier for the project.

Earlier this year, LONGi optimized the footprint of its Hi-MO 4 module.
The improvement in module efficiency brings higher power generation gains and
further BOS cost savings. LONGi high-efficiency modules with leading technology
and the company’s proven bankability is well recognized by Japanese customers.

"We are very excited about the signing of the supply agreement. This
is a good beginning that showcase LONGi new developments in the Japanese
market. We are expected to see the great significance brought by this financed
solar project and hope to contribute more to the development of renewable
energy in Japan with our stablity and reliablity.”
Nan Yang, General Manager of LONGi Solar Japan, commented.

The most recent BloombergNEF’s Global PV Outlook rated with LONGi the
highest Altman-Z score amongst all pure play PV manufacturers worldwide. PV
Tech graded LONGi with the highest AAA rating, the only PV modules manufacturer
to achieve this tier. With strong financials, manufacturing capacity and
continuous technological  innovations, the bankability of LONGi is
recognized by financial institutions worldwide.

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