South Korean gas stations to be fitted with Hanwha Q CELLS solar modules

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: Hanwha Q CELLS

A group of companies have signed memorandum of understanding that will see Hanwha Q CELLS Korea supply its solar modules across gas stations in South Korea.

Under the agreement, members of the Korea Oil Station Association (KOSA) will have solar systems installed by Dongwon EnC, with modules coming from Hanwha Q CELLS Korea and inverters from Dasstech. Meanwhile, Jeonbuk Bank will provide project financing.

Gas station owners will receive Renewable Energy Certification when they have PV systems deployed – mostly on the unused space of petrol station rooftops.

In a release, Hanwha Q CELLS noted that the roofs of Korean gas stations are typically higher than those of adjacent structures, making them suitable for solar generation. The company said that there is potential for 300MW of solar capacity if all gas stations in South Korea had PV deployed on their roofs. This would have an installation cost of KRW300 billion (US$266 million).

“This exciting project is part of Hanwha Q CELLS Korea’s ongoing effort to increase the development of solar power generation and expand market demand,” said Hyun-Soo Cho, president and CEO of Hanwha Q CELLS Korea. “Solar-powered gas stations are an interesting hybrid concept that combines solar energy with fossil fuels, illustrating how both energy sources can work side-by-side in a real business environment.”

In 2016, French energy company Total S.A. invested US$300 million with the goal of installing a total of 200MW of solar panels across 5,000 service stations worldwide over the next five years. Meanwhile, the Emirates National Oil Company (ENOC) Group announced in 2017 that it will install solar panels at all of its new gas stations, beginning with stations in Dubai.

Read Next

March 4, 2021
A round-up of the latest solar project news from around the world, including updates from Hanwha Q CELLS and Capital Dynamics.
November 24, 2020
Solar Module Super League (SMSL) member LONGi has issued a clarification regarding recent patent invalidation proceedings between it and Hanwha Q CELLS, insisting no legal judgements have been passed.
November 13, 2020
Q CELLS has revealed plans to develop a 41MW floating PV (FPV) power plant in South Korea that is set to rank among the world’s largest solar projects built at a dam.
October 15, 2020
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
September 22, 2020
Chinese solar manufacturers have slammed South Korea’s decision to attach predetermined carbon emissions ratings to modules originating from China under the regulator’s new carbon footprint requirements.
September 16, 2020
Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 20, 2021
Upcoming Webinars
April 28, 2021
4:00 - 4:30 PM CET
Solar Media Events
May 11, 2021