Q CELLS supplies modules to portion of 370MW Angolan solar portfolio

Apr 21, 2021 06:08 PM ET
  • Q CELLS has actually protected an offer to supply its modules to part of a 370MW portfolio of seven solar projects under development in Angola, the first of which is expected to be total next year.
Q CELLS supplies modules to portion of 370MW Angolan solar portfolio
Image: Q CELLS

The solar supplier will certainly provide its Q.PEAK L-G4.5 modules to 2 of the 7 plants, consisting of the biggest, which will certainly have a capability of 188MW and also be found in the province of Benguela. In overall, Q CELLS modules will certainly make up 287MW of the ability of the brand-new portfolio.

The consortium behind the projects is led by Portugal-based engineering, purchase and also construction (EPC) company MCA Group, which has actually dealt with US renewables company Sun Africa on the development of all seven websites. Hitachi ABB Power Grids is offering electrical infrastructure and also, according to MCA, Nextracker will also be a supplier.

To money the installments, the Swedish Export Credit Corporation (SEK) has set up an export line of credit covering 85% of their price, guaranteed by the Swedish Export Credit Agency (EKN) and also organized by ING Bank. The Development Bank of Southern Africa (DBSA) moneyed the continuing to be 15%.

Angola is largely dependent on fossil fuels for its electrical energy generation, with significant cities linked to the power grid as well as diesel generators frequently utilized in rural areas.

According to Goo Min, head of sales EU at Q CELLS, the regions that will certainly obtain the solar plants often experience lacks in their electricity supply: "To be able to play a massive role in guaranteeing that the lights remain on-- and do so with the power of the sun-- is exceptionally pleasing for Q CELLS, as well as fits flawlessly with our values of delivering sustainable options, cost effectively, and where they are most needed."

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