LONGi has signed an agreement with TBEA Sunoasis to supply 360MW of its high-efficiency solar modules for TBEA’s energy production base at Shihezi City in China’s Xinjiang Uyghur Autonomous Region.
As part of the agreement, LONGi will prioritize delivery of 103MW of its highly anticipated new product, which means that the market can officially evaluate the Hi-MO 5 module, designed for ultra-large ground power plants.
LONGi released Hi-MO 5 in June and, just 70 days later, the first module rolled off the production line at its factory in Xianyang City, Shaanxi Province. With the construction of an additional factory in Jiaxing City, Zhejiang Province, the production capacity of Hi-MO 5 modules will reach 12GW this year.
LONGi has undertaken a comparison exercise between the Hi-MO 5 module based on 182mm wafers with two other mainstream high-power products. According to calculations, Hi-MO 5 is first of all significantly higher than other modules in terms of module power and conversion efficiency.
Taking the installed capacity of a 100MW project as an example, the Hi-MO 5 module with a power of 535W has the optimal overall system cost among the three. The cost per watt of the Hi-MO 5 module has been reduced by 3 to 4 cents, bringing cost savings of about 3 to 4 million yuan. In addition, the high power and efficiency of Hi-MO 5 also reduces land requirements and module usage.