Q CELLS, KSI sign strategic agreement to collaborate on project development and financing

January 14, 2022
Facebook
Twitter
LinkedIn
Reddit
Email
The South Korean module manufacturer said it would deliver both software and hardware to de-risk KSI’s projects. Image: Q CELLS

Module manufacturer and energy solutions company Q CELLS has entered into a strategic partnership with development and financing firm Kendall Sustainable Infrastructure (KSI) to collaborate on project co-development and financing.

KSI manages investments in solar and energy storage projects among other things and Q CELLS has allocated an undisclosed amount of capital for investment into KSI’s projects in the US, which could also include battery energy storage systems (BESS).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

For those projects that do include BESS, Q CELLS will offer its Grid Equity financing product, which is designed to “de-risk energy storage project” through optimising “the value of energy storage systems by participating in ISO wholesale markets and demand response programmes”, the company said.

Q CELLS senior vice president in its North America Distributed Energy Solutions business, Dan Loflin, said the company would engage in “project development initiatives with KSI through providing our hardware, software, and financing solutions designed to maximise returns while de-risking energy storage revenues”.

KSI co-founder and managing director John Chaimanis, said the agreement with Q CELLS would enhance the company’s competitiveness by adding “rare capability” in the marketplace. “Working together will allow us to continue delivering on our promise of ‘value-added finance’ in a world of commodity capital.”

In August last year, Q CELLS North America invested in a portfolio of solar-plus-storage projects developed by Amped Solutions via a grid equity investment.

Back in March 2021, the Seoul, South Korea, headquartered company filed patent infringement complaints in Germany against Astronergy, with a separate filing also made in France relating to the unlawful incorporation of Q CELL technology into modules produced by three major suppliers.

Read Next

Premium
October 28, 2025
BESS are 'the new player that everyone is talking about,' in Europe’s power purchase agreement (PPA) space, according to LevelTen.
October 22, 2025
Recurrent Energy, Ampliform and Dimension Energy have announced new financing rounds this month for US solar projects.
October 22, 2025
Ingeteam’s Mauro Rivola discusses the rapidly growing appetite for co-located solar and storage in Southern Europe.
Premium
October 17, 2025
According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .
October 13, 2025
The world is on pace to exceed 3TW of cumulative solar installations by the end of the year, according to a report from DNV.
October 9, 2025
Entergy Arkansas has announced plans to build a 600MW solar-plus-storage project to support a new data centre to be built by Google.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany