Hanwha Q CELLS and Asia Clean Capital partner on 200MW solar pipeline

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
ACC has made similar partnerships with Trina, Canadian Solar and Kyocera. Credit: ACC

‘Silicon Module Super League’ (SMSL) member, Hanwha Q CELLS and Goldman Sachs-backed rooftop solar specialist Asian Clean Capital (ACC) have agreed to partner on 200MW of solar PV projects in China.

Hanwha will provide technical support, equipment supply, and other services for associated rooftops. Meanwhile ACC will construct and finance the projects.

Thomas Lapham, ACC chief executive, said: “Hanwha Q CELLS is the world’s largest solar cell manufacturer and one of the largest photovoltaic module manufacturers. They are a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top-Ten business enterprise in South Korea. This pipeline will leverage the success of both companies, particularly ACC’s strong PV market expansion and financing capacity and Hanwha Q CELLS’s strong influence in the PV industry.”

In July, ACC announced a similar partnership with Ten K Solar to develop 40MW in China. Another partnership with Trina Solar to develop more than 300MW of solar PV projects in China over the next three years came in July.

ACC also has partnerships with Canadian Solar to develop 200MW of Solar PV in China as well as Kyocera (China) for 100MW in the Suzhou area of Jiangsu province.

ACC’s typical project sites are large production facilities with capacities of between 1-20MW. The company is based in Hong Kong with an additional office in Beijing, China.

Read Next

January 24, 2022
Major polysilicon and wafer producer GCL-Poly Energy Holdings confirmed the completion of its granular silicon facility and, in a major reversal of last year’s fortunes, is expecting RMB5.5 billion (US$850 million) in net profit for 2021, according to a company statement.
January 20, 2022
Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time.
January 17, 2022
Solar module manufacturer Seraphim has launched its new S5 series of high-efficiency PV modules with a maximum power output of up to 670W and an efficiency of 21.57%.
January 13, 2022
Finlay Colville, head of market research at Solar Media, reveals the top ten PV module suppliers last year in the first of a two-part blog, exploring not just shipment volumes but also the overall supplier bankability.
January 10, 2022
Upstream solar major Tongwei has forecasted for profits to more-than-double in its 2021 financial year on the back of increased material and cell prices experienced last year.
January 7, 2022
The solar PV industry produced more than 190GW of modules during 2021, as the industry went through its first major production-led supply cycle, Finlay Colville reveals in exclusive analysis for PV Tech.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal