LONGi Solar and Hexagon Peak have entered into a supply deal for 200 MW of mono PERC modules for solar PV projects in Vietnam
LONGi Solar, a leading vertically integrated Tier 1 manufacturer of solar modules and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, have announced that the two firms have entered into a supply deal with the manufacturer for 200 MW of its latest mono PERC products, reaching 435Wp of nominal power output.
Hexagon Peak will utilise the modules for its pipeline of utility-scale projects in Vietnam, the majority of which are to be commissioned by Q1 of 2021.
Milan Koev, CEO of Hexagon Peak said that solar is more or less a 20 years old industry, “so we just passed our teenage years and frontier companies like LONGi are leading the manufacturers of equipment to becoming adults. Their products’ reliability, financial strength and above all the people managing the business are the 3 most important factors for the choice of a manufacturing partner for Hexagon in Vietnam.”
Hexagon Peak is currently in the process of acquiring over 200 MWp of utility-scale solar projects in Vietnam, with state utility company (EVN) as energy off-taker and estimated COD in Q1 2021. “We have been working closely and developed partnerships with a number of locally established EPCs and project developers. In a brief period of time, Hexagon Peak has gained access to a substantial pipeline of shovel-ready projects”, said Dat Le, managing director of Hexagon Peak Vietnam. “This cooperation with LONGi will further demonstrate our commitment to the Vietnamese market.”
Dennis She, senior vice president, LONGi Solar said that this collaboration will further enhance LONGi’s presence in Vietnam. “With our common commitment to reliability, we are certain that LONGi and Hexagon Peak will bring high-quality solar PV power stations to Vietnam.
“Hexagon Peak is a young, dynamic and ambitious company. LONGi is proud to collaborate with them on this substantial project in Vietnam. As partners, we will support Hexagon Peak with LONGi’s leading products, technologies and customer service.”