True Green Capital and Qcells Partner for 450 MW Solar Projects

• US private equity firm TGC partners with Qcells to advance 450 MW of solar projects, focusing on community, commercial, industrial, and grid-scale solar with American-made panels.

US private equity firm TGC has partnered with Qcells to advance 450 MW of solar projects in the United States. The partnership will focus on community, commercial, industrial, and grid-scale solar projects, with Qcells Enable leading the EPC arm. Qcells will supply American-made solar panels from its factory in Georgia, set to begin production in late 2024 with an annual capacity of 3.3 GW.

TGC's Managing Partner, Panos Ninios, stated that this move will help minimize offshore supply chain risks and ensure excellent project delivery. TGC, known for specializing in renewable energy infrastructure, will be investing in these solar projects to promote clean energy in the US.

How will TGC and Qcells partnership advance solar projects in the US?

• The partnership between TGC and Qcells will bring together TGC's expertise in renewable energy infrastructure with Qcells' leading solar technology, enabling the development of 450 MW of solar projects in the US.
• Qcells Enable will lead the engineering, procurement, and construction (EPC) arm of the projects, ensuring efficient and high-quality project delivery.
• By sourcing American-made solar panels from Qcells' factory in Georgia, the partnership will support local manufacturing and reduce offshore supply chain risks.
• The annual capacity of 3.3 GW at Qcells' Georgia factory, set to begin production in late 2024, will provide a reliable source of solar panels for the projects.
• TGC's investment in these solar projects will contribute to the promotion of clean energy in the US, further advancing the country's transition to renewable sources of power.