Qcells has entered into an Asset Purchase Agreement (APA) with one of the nation's largest electric generation, distribution, and natural gas delivery holding groups in the Midwestern US.
IRVINE, Calif., Oct. 22, 2024 /PRNewswire-PRWeb/ -- Qcells, a complete energy solution provider, announces the sale of the Ursa Solar Project (formerly named Langdon Mills Solar) to We Energies, Wisconsin Public Service Corporation (WPS), and Madison Gas and Electric Company (MGE). This project is a 200 megawatt (MW) solar PV project in Colombia County, Wisconsin. According to We Energies, that is enough energy to power approximately 60,000 homes.
To deliver complete turnkey solutions for our partners, Qcells is developing the project and self-performing all engineering, procurement, and construction (EPC) services. In addition, Qcells will supply solar panels with its Q.ANTUM technology, including a proportion manufactured with domestic content from its Georgia facility.
Qcells plans to begin construction of the Ursa Solar Project in 2025. The project is forecasted to be operational in 2027.
We Energies, WPS and MGE are equipped with operational expertise to serve the energy needs of the Midwest. This strength is further highlighted by We Energies as being the largest investor in renewable energy in the state of Wisconsin. Qcells continues to build a strong and secure U.S. solar supply chain, producing sustainably made modules with domestic content. "Qcells is excited to deliver this fully integrated solar project in Wisconsin" said IP Kim, President of Qcells USA. "We look forward to continuing to advance both our partners and Qcells robust pipeline of solar projects in the US."
As part of the global renewable transition, Qcells continues to leverage its domestic content modules and internal expertise to deliver complete clean energy solutions for our partners. Qcells is uniquely positioned to provide both a complete U.S. solar supply chain and one-stop complete energy solutions to support our clients in reaching their sustainability goals.
About Qcells
Qcells USA provides complete utility-scale turnkey solutions through the entire project lifecycle from modules, solar and energy storage project development, and Engineering Procurement and Construction (EPC) services to the US utility-scale market.
With a track record that includes 8.4 GW of sustainably produced module manufacturing capabilities in Georgia and nearly 2 GW of developed, constructed, and operating projects, Qcells USA is a dependable partner throughout the entire project lifecycle.
Qcells USA is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 7 business enterprise in South Korea.
For more information, visit www.qcellsusa.com and on LinkedIn.
Safe-Harbor Statement
This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Qcells' operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Qcells does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media Contact
Nick Centera, Qcells Media Relations Contact
619-750-5712
Media Contact
Nick Centera, Qcells, 1 6197505712, [email protected], https://us.qcells.com/
SOURCE Qcells
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