2.5 GW Panel Deal Between Qcells & Microsoft

Touting A Completely Domestic Solar Supply Chain In US, Qcells Bags Microsoft Deal For 2.5 GW Solar Modules, Development & EPC Services

2.5 GW Panel Deal Between Qcells & Microsoft

Qcells is expanding its vertically integrated solar PV supply chain in the US targeting 8.4 GW cumulative capacity by 2024. It has now entered a 2.5 GW supply with Microsoft. (Source: Qcells)

  • Qcells and Microsoft have announced a new solar panel supply deal for US made 2.5 GW modules
  • It will also entail Qcells to provide development and EPC services for Microsoft’s PPA contracted projects
  • They believe this will enable more US made clean energy supply to come to the grid faster

South Korea’s Hanwha Solutions’ owned Qcells has announced an agreement to supply 2.5 GW US made solar panels, develop PV projects and also offer EPC services for select projects of tech giant Microsoft that the latter has contracted through power purchase agreements (EPC) in the US.

The companies said it is the 1st time that an energy offtaker is directly working with a solar supplier to adopt clean energy on a large scale and thus support a local solar supply chain in the country.

“As one of the world’s largest purchasers of renewable energy, this work will help bring more solar energy to the grid, faster,” said Microsoft Vice Chair and President Brad Smith. Microsoft aims to achieve 100% renewable energy for its electricity consumption by 2025.

Earlier this year, Qcells announced plans to build the ‘largest’ integrated PV production complex in North America, targeting 8.4 GW of total production capacity in the US by 2024, with in-house production of ingots, wafers, cells and modules (see Hanwha Solutions Planning 8.4 GW US Production Capacity).

As the ‘only’ company in the US with a ‘complete’ solar supply chain, Qcells said it intends to become a leading developer for solar and energy storage systems while growing its EPC and smart energy management systems portfolio to become a one-stop shop for clean energy solutions.

“We’re striving to build and deliver turnkey clean energy solutions, including those made in America, and this partnership with Microsoft will help accomplish this vision,” said Justin Lee, CEO of Qcells.

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.

Subscribe To Newsletter

Register for the upcoming event

Latest Videos


Subscribe To Our Taiyang NewsLetter 
Enter your email to receive our daily solar sector updates.