Supply deal to include new thin frame modules with industry leading low light and high temperature performance
Hanwha Q CELLS Co. Ltd. (the "Company" or "Hanwha Q CELLS") (NASDAQ:HQCL), a top-10 global photovoltaic manufacturer of high-quality, high-efficiency solar modules, has signed an agreement with O2 emc to supply 28 megawatts (MW) of solar photovoltaic (PV) modules.
"Hanwha Q CELLS is pleased to be working with O2 again," said Justin Lee, managing director of Hanwha Q CELLS America. "The North Carolina market has become one of the largest markets in the US, and we are excited to be working with a major player in that region."
The modules will be used at O2 emc's Montgomery Solar plant. Construction will commence in May and is scheduled to reach completion in November, 2015.
"This is our second major order in less than a year with Hanwha Q CELLS," said Joel Olsen, O2 emc's CEO. "Hanwha Q CELLS' reputation for high quality manufacturing and long term module performance makes our investors comfortable financing projects using Q CELLS branded modules."
Hanwha Q CELLS' new modules assembled outside of China feature a slimmer frame which reduces material and shipping costs, and industry leading low light and high temperature performance.
All Hanwha Q CELLS modules are backed by a 25-year linear power warranty and 12-year workmanship warranty, as well as UL certification.
www.hanwha-qcells.com
