Qcells will present US-made photo voltaic modules and carry out engineering, procurement, and development for Microsoft’s photo voltaic initiatives.
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 development (EPC) providers.
The tech big’s large electrical energy buy represents the equal of powering greater than 400,000 houses. Qcells will collaborate with Microsoft to develop photo voltaic initiatives, which can enhance Microsoft’s progress in direction of its objective of protecting 100% of its power wants with renewable power manufacturing by 2025. It’s going to additionally assist assist the bag – a US-based power provide chain.
“Constructing a powerful photo voltaic power provide chain is essential to the event of a worldwide inexperienced power economic 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’s going to make investments greater than $2.5 billion to construct an entire photo voltaic provide chain in america, from polysilicon sourcing via module manufacturing. This can make Qcells the primary firm to construct a completely built-in silicon-based photo voltaic provide chain in america.
The corporate mentioned Senator Ossoff’s Photo voltaic Vitality Manufacturing for America Act, now a part of the Inflation Discount Act, as taking part in an necessary position in selling extra funding within the US. An IRA presents 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 would 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 would assemble a further 2 GW of modules. With plans to extend manufacturing in Dalton by one other 5.1 GW, Qcells expects its whole manufacturing in Georgia to be 8.4 GW by 2024.
“Right now’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 economic 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 line with the Photo voltaic Vitality Industries Affiliation, though this high-profile transaction will doubtless transfer it up the checklist. There are actually 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 objectives.
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