Chinese solar manufacturer LONGi Solar Technology has signed a long-term supply agreement with Strata Solar for bifacial modules.
As per the terms of the deal, LONGi will supply 500MW of bifacial monocrystalline modules to Strata over the next two years. The two companies will also agree by the end of this year on additional volume commitments for 2023.
US utility-scale solar and battery storage provider Strata Solar CEO Markus Wilhelm said: “We are very pleased to embark on this strategic partnership with a market leader, LONGi, with a vertically integrated supply chain well poised to mitigate the downstream risks associated with the volatility in the photovoltaic module market.
“This additional long-term partnership, similar to other Strata supplier relationships that have been in place, will allow Strata to continue its commitment to high-efficiency, high-reliability, and high-quality solar products to support the growth and sustainability of our business over the next three years.”
The supply deal follows a study by Strata looking at the impact of LONGi bifacial technology on a US East Coast solar farm. LONGi bifacial modules were used to evaluate the backside gain of the technology at a Strata owned facility.
The company has replaced a string of monofacial modules with LONGi bifacial modules.
In February last year, LONGi supplied 208MW of Hi-MO 3 mono modules to French renewable energy producer Neoen for the Altiplano 200 solar plant in Argentina.