Qcells will present US-made photo voltaic modules and carry out engineering, procurement, and building for Microsoft’s photo voltaic tasks.
From pv journal USA
Microsoft introduced that it has signed greater than 2.5 GW of solar energy buy agreements (PPA) with Qcells. The partnership will faucet Qcells for its photo voltaic modules, in addition to engineering, procurement, and building (EPC) providers.
The tech large’s large electrical energy buy represents the equal of powering greater than 400,000 properties. Qcells will collaborate with Microsoft to develop photo voltaic tasks, which can enhance Microsoft’s progress in the direction of its purpose of protecting 100% of its power wants with renewable power manufacturing by 2025. It would additionally assist assist the bag – a US-based power provide chain.
“Constructing a powerful photo voltaic power provide chain is vital to the event of a worldwide inexperienced power financial system. Microsoft’s partnership with Qcells will assist make this imaginative and prescient a actuality by bringing innovation and funding to rural Georgia,” stated Brad Smith, vice chairman and president, Microsoft.
Qcells, owned by Seoul-based Hanwha Options, Workplace has partnered that it’ll make investments greater than $2.5 billion to construct an entire photo voltaic provide chain in the US, from polysilicon sourcing by module manufacturing. This can make Qcells the primary firm to construct a completely built-in silicon-based photo voltaic provide chain in the US.
The corporate mentioned Senator Ossoff’s Photo voltaic Vitality Manufacturing for America Act, now a part of the Inflation Discount Act, as enjoying an essential function in selling extra funding within the US. An IRA gives quite a bit tax credit for clear power manufacturing.
Qcells intends to interrupt floor on a brand new, state-of-the-art facility in Bartow County, Georgia, the place it’ll manufacture 3.3 GW of photo voltaic ingots, wafers, cells and completed modules. The corporate additionally has a facility in Dalton, Georgia, the place it’ll assemble a further 2 GW of modules. With plans to extend manufacturing in Dalton by one other 5.1 GW, Qcells expects its complete manufacturing in Georgia to be 8.4 GW by 2024.
“At the moment’s announcement by Hanwha Qcells to make the most important photo voltaic funding in US historical past is an enormous deal for working households in Georgia and the American financial system. And, this funding is a direct results of my financial plan and the Inflation Discount Act,” stated President Joe Biden.
Microsoft ranks because the fifth largest company procurer of photo voltaic, in accordance with the Photo voltaic Vitality Industries Affiliation, though this high-profile transaction will seemingly transfer it up the record. There at the moment are 23 firms within the US which have put in at the least 100 MW of photo voltaic capability, up from 11 firms in 2019. Eighteen of the highest 25 firms ranked on this report goals for 100% renewable power or carbon impartial targets.
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