PVTIME – LONGi announced that its partnership in Thailand with leading project developers such as Gulf and Green Yellow has resulted in the delivery of over 250MW of modules to the country in the first 6 months of 2021. According to IHS’s annual forecast for Thailand, LONGi has locked in more than 31% market share in the market.
LONGi’s 182mm modules have been widely accepted by partners and customers in Thailand for their added value during transportation as well as better compatibility and convenience for system design and execution. The modules are also well regarded for high performance and reliability.
PV installation in Thailand started to pick up from 2019. Despite COVID-19, installation in the C&I sector continued without much interruption. The market is mainly built under the CAPEX with the self-consumption model, wherein customers do not export electricity to the grid.
LONGi is committed to higher efficiency monocrystalline technology and has invested over 1.2 billion USD in R&D the past 8 years. LONGi firmly believes that it is crucial to provide the right solution to support the long-term growth and success for its business partners. The company will continue to expand its presence in APAC markets, including Thailand, to help achieve the carbon neutrality targets.