576MW Solar Deal Signed in Romania

Dec 29, 2023 01:00 PM ET
  • LONGi and Nofar Energy Romania have reached an agreement for a 576MW PV project in Romania, with Hi-MO 7 modules and ESG-compliant financing from a leading banking corporation. Mirel Jarnea and Favi Stelian are excited for the progress and future of sustainable energy in Romania.

Solar panel manufacturer LONGi has recently agreed to a 576MW sales deal with Nofar Energy Romania for a PV project in Romania. LONGi will supply its Hi-MO 7 modules and will ensure alignment with Environmental, Social, and Governance (ESG) standards. The agreement follows the approval of negotiations with a leading banking corporation for ESG-compliant financing of three key projects. Mirel Jarnea, Sales Manager at LONGi, and Favi Stelian, CEO of Nofar, are both excited about the progress of the project and the future of sustainable energy in Romania.

What is LONGi's ESG-Compliant 576MW Deal?

  • LONGi is a leading manufacturer of solar power products, as well as a provider of sustainable energy solutions.
  • LONGi’s Hi-MO 7 modules are specifically designed to meet the highest standards for performance and efficiency.
  • The 576MW sales deal with Nofar Energy Romania is the largest of its kind in the country and is aimed at providing renewable energy sources to Romania.
  • The agreement was approved by a leading banking corporation, allowing for ESG-compliant financing of three key projects.
  • This deal signals a strong commitment to sustainability and the future of renewable energy in Romania.
  • The project will not only help to reduce carbon emissions but will also create jobs and stimulate economic growth in the region.

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