Accelerating Spain's Energy Transformation: LONGi to supply Naturgy with 1 million modules in new deal

LONGi Events

·       LONGi Hi-MO 5 modules will be deployed at five projects across Spain

·       Deal builds on two companies’ long-standing cooperation

·       Agreement advances utility Naturgy’s growth in renewable sector

5th February 2024, Madrid (Spain)— Solar technology leader LONGi and energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules feature a 21.3% efficiency rate, along with LONGi’s gallium-doped technology, which is designed to reduce light-induced degradation and extend the modules’ power generation long-term, particularly important in the high heat and solar irradiance of Spain.

The Spanish multinational Naturgy plans to install the modules at upcoming projects in four project locations across the country, in the regions of Castilla-La Mancha, Extremadura and Andalusia.

Jorge Barredo, Managing Director of Renewables, New Business and Innovation at Naturgy, said, “The scale of this new agreement with LONGi reflects Naturgy’s ambition for renewables in Spain this year. LONGi’s solar technology also offers us an exceptionally efficient and durable performance,. This is a key factor in building out Spanish photovoltaics and competing with traditional power sources.”

David Sánchez Escarti, LONGi´s General Manager Spain & Portugal added, “We are very honoured of our long-term partnership with Naturgy that was started in 2018. With Naturgy’s extraordinary renewables track record, we’re proud to be expanding our cooperation and supporting these major new projects. These new photovoltaics plants in Spain will showcase the business and technological leadership that we’re committed to providing together”

All five projects are expected to receive module shipments this year.

About Naturgy Renewables

Naturgy is a multinational energy group, which operates in the generation, distribution and marketing of energy and services. Present in more than 20 countries, with more than 16 GW of installed capacity, Naturgy supplies gas and electricity to 16 million customers. Naturgy works to boost its role in the energy transition and decarbonisation. Currently, the company has more than 6 GW of renewable power in operation internationally and has a portfolio of more than 195 projects in Spain, Australia and the United States.

The investments in renewables made by the company in recent years confirm its strategic shift towards a more sustainable energy mix and its commitment to the energy transition. All of this, without abandoning the fundamental objectives of creating value and growth for each of the businesses, as well as ESG objectives.

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.