LONGi announced that it has signed a 576 MW sales agreement with Nofar Energy Romania, implementing the latest generation of its high-efficiency modules. The comprehensive agreement encompasses the procurement of the company’s Hi-MO 7 modules.
Furthermore, the project is expected to be under construction in 2024 and operational in 2025. In addition to its high efficiency, Hi-MO 7 boasts excellent power generation performance and long-term reliability, significantly reducing the cost of electricity (LCOE) for large-scale projects.
Nofar Energy is a global leader in renewable energy investments. Since 2020, Nofar has been a public traded company. For the last 12 years, Nofar has been growing rapidly and consistently, with an extensive portfolio of projects and subsidiaries across 9 territories, 200 employees worldwide, and major renewable energy and energy storage projects.
REGlobal’s Views: This is a big win for LONGi in the emerging Romanian solar power market. The company has been expanding its presence across various geographies and is one the leading suppliers of solar modules globally.
