Last week, Sunova Solar and PowerField announced that a solar PV module supply agreement was signed. Under this agreement, Sunova Solar will deliver 122 MW of solar panels to PowerField by end of December 2022. According to the forecast of “IHS Markit / S&P Global”- a global PV market research institute – the utility scale capacity of solar installations in the Netherlands will reach 1.1GW in 2023. Once the solar parks which are currently developed by PowerField are successfully connected to the grid, Sunova Solar will hence have a 10% market share in the Netherlands.
For these projects high-efficiency Hi-Milo series 545 W solar modules from Sunova Solar will be used. These modules are equipped with advanced cell technology and produced with state-of-the-art fully automated module production equipment.
Jean-Louis Bertholet, Chief Executive Officer (CEO) of PowerField:“We are delighted to have signed the agreement with Sunova Solar and are looking forward to working together. The high-quality solar panels will help us complete our solar parks and provide about 60,000 average Dutch households with sustainable energy. Calculations show that these solar parks will help support the Netherlands decarbonization efforts and avoid more than 150,000 tons of CO2-equaivalent emissions annually. This is a major contribution to the energy transition in the Netherlands and to our goal to own 1,000 MW of operational solar parks within the next five years.!
William Sheng, Chief Executive Officer (CEO) of Sunova Solar, commented, “We are very proud to cooperate with PowerField on these important solar power projects in the Netherlands, which are set to be built on mutual trust. This partnership will further expand our presence and competitive position in this region.”He also stated:“Due to the sheer quantity of renewable electricity these projects will generate, it is an impressive milestone in realizing our vision of further supplying our modules to large utility scale projects in addition to the residential, commercial and industrial roof top markets that we are already successful in.