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Industry
Hanwha Q CELLS to handle EPC for largest U.S. solar and ESS complex
Hanwha Q CELLS said on Thursday it will carry out engineering, procurement and construction work for Atlas Energy Park in La Paz County, Arizona, one of the largest renewable energy projects in the United States, and has recently completed the sale of part of the assets. The complex comprises 14 solar and energy storage projects and is planned to include 2.8 GW of solar generation and 5.7 GWh of energy storage by 2028.
Industry
Hanwha Qcells wins 200 MW solar module and EPC order for Meta
Hanwha Solution’s Qcells unit said on Sunday it signed a contract with U.S. renewable energy developer Zelestra Energy to supply solar modules and provide engineering, procurement and construction for a 200-megawatt solar power plant in Gibson County, Indiana. It will supply about 320,000 modules. Power produced after completion, expected by the end of 2027, will be used by Meta under a power purchase agreement.
Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
Hanwha Solutions is speeding up measures to fill a funding gap after cutting the size of its rights offering. The company said on Wednesday it issued 300 billion won worth of redeemable convertible preferred shares through its Qcells unit’s U.S. EPC business entity. It also recently securitised $220.3 million, or about 340 billion won, of advanced manufacturing production tax credits for 2025 and 2026, early-monetising the full amount received for 2025.
