LONGi and CELTEC sign major 50 MW distribution agreement for DG market in Panama

Local News
2023.7.11

Panama City, July 8, 2023 - LONGi Solar Technology Co., Ltd. and CELTEC S.A., a wholesale solar distributor in Panama, have signed an important distribution agreement for 50 MW, which aims to supply the demanding small-scale photovoltaic market in Central America with state-of-the-art solar modules that will become the strategic piece for the development of new residential, commercial and industrial projects.

For LONGi, this alliance represents the company's commitment to contribute to the energy transition and sustainable development of the region. The leading photovoltaic manufacturer has found in CELTEC a strategic partner that shares its values and its mission to make clean energy equally accessible and affordable for all.

This event took place during the presentation of the Hi-MO 6 series of photovoltaic modules in Panama, a solid product and a best seller in the distributed market that incorporates the novel high-efficiency HPBC (Hybrid Passivated Back Contact) solar cell technology, unique for its design without busbars on the front that takes the aesthetics of the module beyond anything seen in the market.

About CELTEC

CELTEC is a Panamanian company dedicated to the sale and distribution of materials necessary for the development of solar projects in different scenarios. With a vast experience in distributed generation (DG) projects, the company offers confidence and stability to all its customers.

Dario Torres, CEO of CELTEC, mentioned that "our expansion plans include opening operations in every country in Central America with on-site personnel, offering support and quality service to installation companies. Our main objective is to offer the most competitive prices so that these same companies can pass them on to the end consumer, thus accelerating the much-needed energy transition in Central America".

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modulescommercial & industrial distributed solar solutionsgreen energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com