L&T Picks LONGi for Saudi Projects With 1292 MW Module Order
- L&T has selected Chinese significant LONGi to supply 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She as well as A. Ravindran, Senior Vice President and also Head of the Renewables Strategic Business Group at L&T, jointly authorized the arrangement, entailing two Saudi Arabian projects for which L&T is acting as EPC, at an event held in Dubai.
The initial, situated in Jeddah and also part of REPDO round II, has a capacity of 388MW, with the second, situated in the commercial city of Sudair, having a total capacity of 1500MW, for which LONGi was awarded a contract for the very first 904MW. Both projects are in line with Saudi Vision 2030, which means to broaden renewable energy's contribution to the Kingdom's energy mix.
" LONGi, with its excellent quality items, has been a long-term services service provider to L&T and also we hugely value our partnership", included Ravindran. "LONGi and also L&T have also teamed up in making a considerable contribution to the Middle East's eco-friendly capacity by allowing an increasing number of regions to benefit from clean power options. We look forward to getting to closer degrees of cooperation on further projects throughout India and also the Middle East."
The win for Saudi Arabia comes also as LONGi sales in India have been badly interfered with by the 40% Basic Customs Duties on Module and Cells(25%). But as an acquainted and leading brand in the Indian market, huge Indian EPC players like L&T are well versed with the high quality as well as benefits LONGi offers the table.
