Key Takeaways
- Hanwha Qcells will manage the engineering and construction of the Atlas Energy Park, one of the largest renewable energy complexes in the US.
- The project will encompass 14 solar and energy storage initiatives, with a total capacity of 2.8 gigawatts of solar power by 2028.
- Qcells aims to transition from a solar panel manufacturer to a comprehensive integrated energy company, enhancing its presence in the North American market.
Project Overview
Hanwha Qcells, a subsidiary of Hanwha Solutions, announced that it will oversee the engineering, procurement, and construction (EPC) of the Atlas Energy Park in La Paz County, Arizona. This complex is set to be one of the largest renewable energy installations in the United States, spanning 63.66 square kilometers—approximately 22 times larger than Seoul’s Yeouido district.
The Atlas Energy Park will feature 14 solar and energy storage projects. By 2028, it is expected to deliver a solar power capacity of 2.8 gigawatts and 5.7 gigawatt-hours of energy storage. Qcells will also supply all solar modules for the projects, marking a significant step in the company’s shift from a solar panel manufacturer to a fully integrated energy firm that can develop, build, and sell renewable infrastructure.
In May, Qcells finalized the sale of two solar power plants within the Atlas Energy Park with a combined capacity of 357 megawatts. These successful transactions highlight Qcells’ proficiency in managing projects from development to execution. “The Atlas Energy Park is a landmark project that reinforces Qcells’ EPC capabilities and US supply chain expertise,” stated Chris Hodrick, CEO of Qcells’ EPC division. He emphasized the company’s commitment to enhancing customer value and competitiveness through comprehensive solar and energy storage solutions.
The expansion of Qcells in the US solar and energy storage sector is bolstered by its domestic manufacturing presence and a growing network of project partners. The company operates its Solar Hub in Georgia, ensuring a stable supply of solar modules. Additionally, it has developed a procurement network for energy storage equipment in the US.
Recently, Qcells entered a partnership with renewable energy developer Zelestra Energy to supply solar modules and deliver EPC services for a project aimed at providing renewable electricity to Meta. The company has also secured an agreement with LG Energy Solution for the supply of 4.8 gigawatt-hours of energy storage batteries, set for installation at the Atlas Energy Park by October. This strategic move reflects Qcells’ ongoing efforts to enhance its role in the renewable energy landscape in North America.
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