Tier-one PV manufacturer Hanwha Q CELLS has continued its push into the US market after securing a module supply deal with juwi solar.
The supply agreement will see Hanwha supply 75MW of South Korea-manufactured solar PV modules to juwi, a deal that Hanwha Q CELLS USA president Steve Kang said thrilled the company.
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“We are focused on expanding our utility-scale footprint in the United States, and this deal fits our goals perfectly,” he added.
Forrest Collins, director of technology at juwi, said the firm chose the South Korea-assembled modules because of their high efficiency.
“In addition, Hanwha Q CELLS has been classified as a bankable company, and its diversified manufacturing footprint helped put our trade concerns at ease,” Collins said.
Not mentioned in the company's statement on the deal, but no doubt highly relevant, is the fact that being of South Korean provenance, Hanwha Q CELLS equipment is not subject to the same duties as its Chinese and Taiwanese counterparts importing into the US.
Last month Hanwha SolarOne completed the acquisition of Hanwha Q CELLS and adopted its name formally having announced the US$1.2 billion deal two months prior.
