Q-Cells Signs 83-MW Solar Photovoltaic Agreement with SunPower

Q-Cells North America, a global leader in designing, building and managing financially sustainable solar photovoltaic (PV) solutions, has signed an 83- megawatt solar cell supply agreement with SunPower Corp. (Nasdaq: SPWRA, SPWRB). Q-Cells solar technology will be used in select commercial and utility scale solar projects.

“SunPower has a history of delivering highly-efficient, highly reliable solar systems, and Q-Cells solar cells align well with our panel manufacturing operations,” said Howard Wenger, president, utility and power plants, SunPower Corp.

“Since 2005, the solar industry has grown more than 601 percent per anum and is expected to expand another 342 gigawatts by 2015, according to industry experts,” said Marc van Gerven, CEO of Q-Cells North America. “Q-Cells helps to define the industry’s standards for quality and reliability and this agreement gives us the unique opportunity to address this growing global demand.”

Q-Cells North America, part of Q-Cells SE, designs, builds and manages financially sustainable solar photovoltaic (PV) solutions. The company brings a decade of global leadership in solar PV to North America, combining best-of-world technology, processes and partnerships to deliver utility-grade solar PV solutions customized for local energy markets.

Q-Cells North America offers the full spectrum of PV solutions–from the core technology of cells and modules to power plant development, design, construction, operations and maintenance. With proven capabilities across the solar value chain, Q-Cells North America minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in solar energy.