Hanwha Q Cells has signed a major solar module supply agreement with NextEra Energy to support the US firm's solar energy expansion plans.
A subsidiary of Hanwha Q Cells will provide more than 1.5 GW of solar modules to NextEra Energy between 4Q 2015 and 4Q 2016. It said that the supply deal would enable it to become the market share leader among global manufacturers in two of the three largest solar markets in the world.
Hanwha Q CELLS will supply these shipment to NextEra Energy Resourses from its fully automated and highly-efficient cell and module production facilities in Malaysia and Korea. These solar modules will use the company's newest, proprietary Q.ANTUM cell architecture, which supercharges ordinary crystalline cells enabling them to absorb more sunlight and produce more power than the industry's standard solutions. Hanwha Q Cells is the first company that successfully commercialized multi c-Si PERC cell in mass production.
NextEra is one of the largest generators of solar energy in the USA, with solar farms in California, Nevada, New Jersey and New Mexico.
This large-scale supply agreement follows Hanwha Q Cells' recent, successful combination with Hanwha SolarOne to form a global leader in solar power. The combined entity has the world's largest solar cell manufacturing capacity, and it is one of the largest solar module manufacturers. Its broad international footprint covers the largest and fastest-growing solar markets worldwide.
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