LONGi, a Tier 1 solar PV manufacturer listed on the Shanghai stock exchange, supplies more than 30 GW of high-efficiency solar wafers and PV panels worldwide annually, which comprises about a quarter of global market demand.
ARTsolar was established in Durban in 2010 by entrepreneurs Eshu Seevnarayan and Patrick Goss, who remain shareholders of the 100% South African-owned company. Its current PV panel production line was designed for a capacity of 300 MW a year, although due to market conditions over the last five years, it has been operating significantly below this level.
On March 19, 2021, DMRE Minister Gwede Mantashe announced preferred bidders for the RMIPPP programme, which alone will require some 2.2-million solar PV panels with a total capacity of about 1 300 MW for delivery of power into the grid by the end of August 2022. To achieve this ambitious target, the projects must reach financial closure by the end of July 2021.
LONGi and ARTsolar have ambitions to be the major supplier of locally made solar PV panels for the RMIPPP and REIPPP programmes, and for subsequent procurements of solar power in South Africa and the region, for mainly utility-scale PV power plants.