PV POWER PLANT SUPPLYING CLEAN ENERGY TO 5,475 HOUSEHOLDS
HANWHA Q CELLS ACTS AS EPC AND SUPPLIED 51,000 Q.PRO-G3 MODULES
Europe´s largest provider of photovoltaic solutions, Hanwha Q CELLS, announced today that it has completed its first solar park in Portugal as engineering, procurement and construction provider (EPC). The installation in the municipality of Montijo (South-East of Lisbon) features around 51,000 of Q CELLS Q.PRO-G3 modules. The power plant has been fully connected to the grid in May 2014. The 13.3 MWp plant is expected to provide clean energy to some 5,475 local households with an average consumption of 4,000 kWh per year. Hanwha Q CELLS has built the plant within five weeks, with an additional time for connecting it to the grid and completing all test runs. Since 2009, Hanwha Q CELLS´ EPC team has reduced the construction time for one MWp from 3.9 days to less than a day. The fast construction as well as the successive connection to the grid thanks to modular power plant construction significantly reduce costs, ensure earliest possible yields and thus enable a quick return on investment (ROI).
Hanwha Q CELLS demonstrates advantages as provider of complete Power Plant Solutions
Hanwha Q CELLS has installed more than 600 MW of solar power plants with outputs over 1 MWp since 2007. As one of only a few players, Hanwha Q CELLS offers all development as well as planning and construction work from one source and provides financial stability as part of the Korean Top-Ten and Global FORTUNE 500 company Hanwha Group. The PV farm is yet another proof point for the company´s growing global footprint, especially highlighting its expertise as an EPC.
“The PV system in Portugal proves Hanwha Q CELLS´ expertise as full-service-provider regarding the development and EPC of PV power plants,” said Frank Danielzik, Vice President Development/Sales & EPC at Hanwha Q CELLS. “Investors in PV projects are looking for reliable contractors offering top-quality modules, excellent services and strong financial stability to guarantee their project´s successful realization as well as long-term operation.”
Hanwha Q CELLS is headquartered in Germany and one of the world’s leading photovoltaics companies, offering a wide range of high quality photovoltaic products, solutions and services “Engineered in Germany”. Next to its premium quality products from solar cells and modules to solar systems and power plants the company also offers financial stability being part of the South Korean Top-Ten business enterprise Hanwha Group. At its headquarters in Thalheim (Germany) Hanwha Q CELLS has a unique setup of R&D and production enabling the company to develop technologically leading products and innovative manufacturing methods. The cell production sites in Malaysia and Germany and the module production line in Germany are the core of manufacturing. In addition, the company converts its high-efficiency solar cells into modules in cooperation with certified contractors in Europe and Asia. Hanwha Q CELLS sells its products via its international sales network with branches in Germany (HQ), Malaysia, Korea, USA, Canada, Japan and Australia. Thanks to its truly international setup, high quality products and the financial stability, Hanwha Q CELLS is the reliable partner for PV customers around the globe. For more information, visit: www.q-cells.com.
Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a Global FORTUNE 500 company with 51 domestic affiliates and 113 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to property development and total solar energy solutions. The finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. For more information, visit: www.hanwha.com.
About the company and brand names
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Source: Q Cells
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