LONGi modules to power TBEA base in 360MW supply deal
- LONGi is to give 360MW of solar modules for usage at supplier TBEA's manufacturing base in a bargain that will additionally see the very first release of the module producer's Hi-MO 5 product.
The panels will certainly be deployed at TBEA's energy production base at Shihezi City in Xinjiang, China.
LONGi stated it would be prioritising shipment of the HI-MO 5 modules in order for them to be formally reviewed by the market in a real-world setup. LONGi formally launched the Hi-MO 5 in June this year, with making starting in earnest just over 2 months later.
Manufacturing ability of the Hi-MO 5 is anticipated to reach 12GW by the end of this year. PV Tech's evaluation of the Hi-MO 5 module can be reviewed below.
Late last month LONGi posted first fifty percent earnings just shy of US$ 3 billion, a brand-new document for the company in a six-month coverage duration, while the business kept in mind a change in the direction of large-area wafer dimensions had aided offset the fad for dropping typical market price in the very first six-months of 2020