LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia

Mar 28, 2023 10:48 AM ET
  • LONGi has actually entered into renewable resource collaboration as framework distributor in Singapore and also Indonesia.
  • The agreement will improve Indonesia's capability to establish renewable resource and also will certainly promote cross-border electrical energy trade for shared benefit.

Global solar module maker LONGi has said that it will be key to assist in renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable resource teamwork has been authorized by Luhut Binsar Pandjaitan, Indonesia's Coordinating Minister for Maritime Affairs as well as Investment, and Teo Chee Hean, Singapore's Senior Minister and Coordinating Minister for National Safety, at the nations' recent management resort.

LONGi stated that the agreement will improve Indonesia's capability to create renewable energy and will advertise cross-border power trade for mutual benefit. As a neighborhood supplier, LONGi, represented by Dennis Guo, General Manager for South East Asia, went to the signing ceremony.

According to LONGi, the MoU will advertise the growth of renewable resource manufacturing and capacity in Indonesia, including solar PV and also battery storage space systems, which will certainly not just fulfill domestic power need however also enable excess power to be stored for succeeding use or export, giving investment leverage for power export projects to Singapore.

The agreement will furthermore see the two nations team up on industrial arrangements as well as the growth of transmission facilities for cross-border power trading. According to LONGi, this could allow Singapore to achieve its target of importing approximately 4 GW of low-carbon electrical energy by 2035.

A more MoU authorized by LONGi and the "INSPIRA" (Indonesian Solar Panel Industry as well as Renewable Alliance) consortium is a private-sector effort to support both nations' government-to-government MoUs which, while paving the way for the 'green corridor' and also cross-border clean electricity supply from Indonesia, will also allow designers to share localization, innovation transfer and also cooperation with Indonesian stakeholders.

As the very first PV company operating in Indonesia to get SNI qualification in 2021, LONGi has actually maintained a long standing commitment to both the nation as well as its goal of using solar power to develop a greener globe.

The solar empire held that it will continue to collaborate with its partners to provide high-efficiency and also high-reliability PV items and also remedies for the global energy change.

LONGi recently revealed its strategy to invest $600 million to develop a solar manufacturing center in the Ohio state of the USA.

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