Octopus Energy Generation, a prominent European renewable energy investor, and LONGi, the world’s largest solar module manufacturer, have signed a memorandum of understanding (MOU) to formalize a partnership. The MOU, finalized during a visit by Octopus Energy Generation’s leadership to LONGi’s headquarters in Shanghai, sets the stage for LONGi to be added to Octopus Energy’s preferred supplier list. The partnership includes negotiations for a solar panel supply agreement that will enable Octopus to acquire panels quickly and efficiently for its solar farm projects, leveraging LONGi’s capabilities. Octopus Energy Generation manages $9 billion in renewable projects and has over 150 solar investments across six countries.
Related News
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
Adani accused of $250M bribes for $6B solar deal with SECI
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
India’s NTPC to add 60 GW renewable capacity by 2035
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
STANLIB acquires majority stake in Kalkbult, Linde, and Dreunberg PV plants
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)