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Hanwha Q CELLS secures 100 MW module supply deal for CGN New Energy


This deal represents another important cooperation between Hanwha Q CELLS and CGN New Energy,following a 66 MW module supply deal for a Top Runner Project in July − Total module volume supplied by Hanwha Q CELLS to CGN Power Group has now reached nearly 400 MW − General Manager of China Business Division, Hanwha Q CELLS, said: “This deal represents the customer’s high recognition of our Q.ANTUM mono solar module Q.PEAK-G5 series. It will inspire the Company to continuously improve the quality of our product and service.”

[Shanghai, China, Nov.16, 2018] Hanwha Q CELLS (Qidong) Co., Ltd. (“Hanwha Q CELLS” or the “Company”), the subsidiary of Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the largest solar cell and module manufacturers in the world, has recently signed a 100 MW module supply agreement with an EPC contractor, Central Southern China Electric Power Design Institute Co., Ltd. of China Power Engineering Consulting Group Corporation, with respect to a solar plant to be constructed for CGN New Energy Holdings Co., Ltd. (“CGN New Energy“) in Hubei Province, China.

This deal marks another important cooperation between the two enterprises following Hanwha Q CELLS securing a 66 MW module supply tender for CGN New Energy’s Top Runner Project in Delingha, China, in July 2018.

The solar plant will be built in Dafan Town, Tongshan County, Hubei Province – a region that has abundant energy sourced mainly from wind power, hydropower, nuclear power and stationary storage. Hubei Province is known for excellent solar irradiation, making it an ideal location for the construction of solar plants. The total capacity of this solar plant is expected to be 150 MW, and Hanwha Q CELLS will supply CGN New Energy with 100 MW of capacity comprised of the well-received Q.ANTUM mono solar module Q.PEAK-G5.

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