The site for Hanwha Solutions Qcells Division’s solar farm in Weld County, Colorado. / Courtesy of Hanwha Solutions
Hanwha Solutions Qcells Division has started constructing a massive solar farm in the United States for a 257-megawatt solar power generation project, the company said, Tuesday.
Last Wednesday, Hanwha Qcells held a groundbreaking ceremony with Platte River Power Authority (PRPA), the off-taker from the solar farm, to begin the full-fledged construction of the photovoltaic power station in Weld County, Colorado.
Hanwha Qcells also plans to take charge of engineering, procurement and construction (EPC) for the project, which is aimed at building a solar farm on 5.6 square kilometers of land in Weld County, Colorado, by supplying over 540,000 photovoltaic modules.
The solar farm will start its commercial operation gradually in 2025. Under the power purchase agreement, it will supply electricity generated from renewable energy sources to PRPA.
“With this project, Hanwha Qcells has seized another business opportunity through the integration of our U.S. solar power business and EPC,” Hanwha Qcells CEO Lee Koo-yung said. “Hanwha Qcells will complete the construction successfully and maximize profits after reviewing various options, including the sale of assets.”
Hanwha Qcells has been handling a series of development and EPC related to large-scale green energy projects in the U.S.
In May, the company completed a project to build a power plant equipped with 50-megawatt solar modules and 200-megawatt-hour energy storage systems (ESS). This facility supplies electricity to Meta, one of the biggest tech firms in the U.S.
In April, Hanwha Qcells completed the construction of a 150-megawatt solar farm in Wyoming after handling the project’s development, EPC and supply of modules.
The company has also signed partnerships with various customers in light of the growing demand for renewable energy sources and photovoltaic products made in the U.S.
In January, Hanwha Qcells signed a partnership with Microsoft to supply 12 gigawatts of solar modules and EPC services over the next eight years. This includes a 2.5-gigawatt module and EPC services commitment previously announced in January 2023.
In addition, Hanwha Qcells recently expanded its partnership signed in April last year with Summit Ridge Energy (SRE), the leading commercial solar company in the U.S.
The Korean firm agreed to provide SRE with an additional 800 megawatts of solar panels, for a total of 2 gigawatts by 2027. Additionally, the two companies decided to collaborate on ESS projects.
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