LONGi and Solatios Enter Partnership Agreement for 908MW of HI-Mo 4 Modules in Brazil

PVTIME - LONGi, the world’s top solar
technology company, has signed a partnership agreement with Solatio Energy,
Brazil’s leading developer of photovoltaic plants to supply 908MW of its high performance
Hi-MO 4 modules for Solatio's utility-scale solar projects in Latin America and
commercial rooftop plants in Brazil.

Solatio is one of the largest developers of GW-scale solar power plants in
Brazil. The conclusion of this agreement marks a breakthrough in the
development of the PV markets in Latin-America for both parties.

Pedro Vaquer, major partner of Solatio, commented, “We are
excited to partner with LONGi and are very happy to apply cutting edge products
to build many solar plants in Latin America that will benefit the
people of the region. We hope to conduct more business to help
the government of Brazil upgrade its grid infrastructure and build
more top-notch solar plants.”

Bruce Zhu, Latin America Sales Director for LONGi, said, “We are
honoured to be a long-term partner of Solatio. The LONGi Hi-MO 4 modules
supplied in this agreement will deliver lower BOS costs and LCOE. Their
performance has been verified in projects around the world. We have full confidence
in our ability to help Solatio build benchmark projects with efficient and
reliable solar products, and promote together the rapid development of
renewable energy in Latin America.”

It is estimated that the installation of the collective 908MW in projects
and rooftop plants will create hundreds of local employment opportunities.

Richard For, LONGi Solar’s Vice President, said, "The cooperation
between LONGi and Solatio will inject new momentum into the development of
renewable energy in Latin America. It will allow people in the different
countries of the continent to enjoy the affordability and dependability of
clean energy. LONGi is always willing to partner and work with companies around
the world that share the same vision and philosophy. With our scale and
strengths, we hope to contribute to help the world optimize the entire energy
structure and guarantee a sustainable future."