South Korean solar company Hanwha Q Cells has today signed a cooperation agreement with rooftop PV developer Asia Clean Capital (ACC) for the construction of 200 MW of solar PV systems across China.
The collaboration aims to tally Hanwha Q Cells’ technical expertise with ACC’s existing sales channels in China to build out the pipeline over the next year. Hong Kong-based ACC is backed by Goldman Sachs and has been extremely proactive in partnering with leading solar firms in recent months to augment its solar rooftop portfolio.
This latest agreement follows similar collaborations with Japanese inverter specialist TMEIC on the development of a 200 MW solar pipeline in China, and an earlier 300 MW deal with Trina Solar, also to boost ACC’s Chinese PV presence.
In a press release, ACC said that Hanwha Q Cells will provide technical support, equipment supply and other services for association rooftop projects in China. Financing and construction will be handled by ACC.
"This pipeline will leverage the success of both companies, particularly ACC’s strong PV market expansion and financing capacity, and Hanwha Q Cells’ strong influence in the PV industry," said ACC CEO Thomas Lapham, who signed the agreement with Hanwha Q Cells president Jongseo Kim in Beijing, China.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.