Hanwha Q CELLS garners $317.1 million module supply deal with Florida utility

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million. Image: Hanwha Q CELLS

‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.

Hanwha Q CELLS said that the supply deal was for 2017 but did not disclose the total megawatt amount of modules in the deal. Recently, FPL said it had plans to build another three PV power plants in 2017, totalling nearly 300MW. 

However, the deal struck with FPL indicates the megawatts attributed to deal are more than double FPL’s announced plans for 2017, which is based on PV Tech’s calculation of Hanwha Q CELLS average module ASP’s in the fourth quarter of 2016.

Hanwha Q CELLS supplied major US utility NextEra Energy Resources with around 1.5GW of PV modules in 2016 from manufacturing facilities in South Korea and Malaysia.

Read Next

August 10, 2021
Q CELLS is set to double its clean energy project pipeline in Europe to around 10GW as its parent company secures a deal to acquire a French renewables development and construction business owned by the RES Group.
August 9, 2021
A further three companies have submitted a petition that aims to extend the US’ import tariffs of crystalline silicon cells and modules.
PV Tech Premium
June 23, 2021
US-based solar manufacturers have enthusiastically backed proposed tax credits that they say could enable the country to meet its PV equipment demands domestically while creating tens of thousands of new jobs.
June 2, 2021
The first phase of GCL System Integration Technology's (GCL-SI) 60GW module factory in Hefei, in China’s Anhui Province, is on track to start production this September.
May 13, 2021
The solar module manufacturing subsidiary of Italian utility Enel is aiming to scale up annual production capacity to 3GW in the second half of 2023, the company has confirmed.
April 28, 2021
Renewable energy group BayWa r.e. has opened what it claims is its largest PV warehouse in Europe yet in a bid to expand its distribution network in the continent.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021