LONGi, the world’s most valuable PV technology manufacturer, has announced its partnership with leading project developers such as Gulf and Green Yellow for delivery of over 250MW solar PV modules in Thailand in the first 6 months of 2021. Based on the IHS’s annual forecast for Thailand, LONGi has locked in over 31% market share in the market.
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. This model is widely accepted by industries across Thailand.
LONGi’s modules using 182mm wafers 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.
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 Asia Pacific markets, including Thailand, to help achieve the carbon neutrality targets.