Renewable Energy Maldives Lanka (Pvt) Ltd established operations in Maldives in 2007. Moving forward with successful operations for 17 years, REM inaugurated an office for the Sri Lanka market in 2016 & has been growing year on year for the past 7 years. REM has successfully completed 22Mw of rooftop solar systems in Sri Lanka & Maldives with an average monthly installation of 550-600Kw as of now. Further REM has now established 10 branches island wide being the largest branch network in the country to provide superior sales, after sales and customer care. Further, REM has a 24/7 after sales counter for urgent technical assistance. REM takes pride in offering affordable solar solution with a dedicated and experienced workforce with a separate work shop for technical matters.
Tongwei Co., Ltd. (TW Solar), controlled by Tongwei Group, is a large-scale private technology-based listed company with the dual main businesses of agriculture and new energy as its core. The company now has more than 200 branches and subsidiaries all over the country and overseas, with more than 60,000 employees. Tongwei Co. Ltd (TW Solar) who is the world’s first PV company listed on the Global Fortune 500 listing. TW is one of the very few suppliers to offer a N-Type monofacial panel in Sri Lanka. All TW panels come with 15-year product warranty and 25-year performance warranty. Initially TW will offer 590w N-Type Monofacial panel into Sri Lanka.
Tongwei Co., Ltd. (TW Solar) boasts an annual feed production capacity of more than 10 million tons, an annual production capacity of high-purity crystalline silicon of 650,000 tons, an annual production capacity of solar cells of more than 95GW, an annual module production capacity of 75GW, and a cumulative installed and grid-connected capacity of PV power stations based on “PV+fishery” of 4.07GW. Tongwei plans that the cumulative production capacity of high-purity crystalline silicon and solar cells will respectively reach 800,000-1 million tons and 130-150GW from 2024 to 2026.
REM Solar and Tongwei Co. Ltd. Are to collaborate on several key initiatives. Their partnership will focus on developing cutting-edge solar technologies and integrating their products to offer comprehensive solutions by combining their expertise, they would expand their market reach, enter new regions, and leverage each other’s distribution networks. Joint research efforts will aim to enhance solar efficiency and reduce costs, while sustainability initiatives could address environmental impacts. Additionally, they will work together on sales and marketing strategies to strengthen their presence in the solar industry.