Hanwha Q CELLS To Finance 31 MW Of Solar Power In Mexico

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Retail chain Tiendas Soriana S.A. de C.V. and Hanwha Q Cells have secured a 20-year power purchase agreement for 31 MW of solar photovoltaic power at 120 store locations across Mexico.

Hanwha Q Cells will partner with Mexico-based developer and construction firm ILIOSS to install rooftop and carport systems at Soriana locations. Hanwha Q Cells will finance all 31 MW.

Hanwha Q Cells and ILIOSS have already begun construction on the first seven solar systems in Baja California Sur, which will feature more than 12,000 Q Cells Q.PRO-G3 250 W panels to provide approximately 3.05 MW of combined generation capacity. Construction on all 120 sites is expected to be completed by early 2015.

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