Adapture Renewables buys 81-MWp solar project from Q CELLS
- Solar project developer and plant driver Adapture Renewables Inc has actually finalised the procurement of an 81-MWp solar park in Texas' Cooke County from an US subsidiary of South Oriental photovoltaics (PV) supplier Q CELLS.
Oakland-based Adapture introduced the manage Hanwha Q CELLS USA Corp on Tuesday without disclosing the worth of its acquisition.
The Rippey solar photovoltaic (PV) park, located north of Dallas, is geared up with Q CELLs modules that were put on stream in December last year. Hanwha Q CELLS originally got the project in its mid-development phase and also completed its advancement early last year. The building was launched in April.
"The smooth assimilation in between our growth, EPC, and also module supply teams facilitated a very effective purchase during a tough time in the resources markets because of COVID-19," claimed JK Jaekyu Lee, elderly vice head of state of Hanwha Q CELLS UNITED STATES.
Adapture Renewables has supplied internal funding for the project, it claimed. Besides being its brand-new proprietor, it will certainly operate the power plant in the long term. Following the purchase, its complete solar portfolio in the United States has expanded to 239 MW DC, of which 95 MW DC is in Texas.