Hanwha Q CELLS signs contract with Enable for U.S. solar farm

[Courtesy of Hanwha Q CELLS]Enlarge image

[Courtesy of Hanwha Q CELLS]

South Korea’s Hanwha Q CELLS announced on Wednesday that it had secured a turnkey contract for 450 megawatts (MW) of solar power generation in the United States.

According to the contract, Hanwha Q CELLS and its subsidiary Enable will be responsible for supplying solar modules to U.S. solar power plants over the next two years. The two companies will also provide engineering, procurement and construction (EPC) services.

The contract was signed by Hanwha Q CELLS’ commercial solar EPC subsidiary Enable and US investment fund TGC. According to the agreement, Hanwha Q CELLS will provide 450 MW modules for TGC’s solar power generation project in the United States, while Enable will be responsible for the EPC of the power plant.

Lee Jiu-yong, CEO of Hanwha Q CELLS, expressed confidence in the company’s diversification strategy into non-manufacturing fields. He said: “Our diversification strategy into non-manufacturing fields is bearing fruit. We will continue to seize business opportunities in the renewable energy field. Accelerated development.

Author: Zheng Sangfeng, Kim Minnu

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]

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