Q-Cells AG, the world’s largest independent manufacturer of crystalline silicon solar cells, and PowerLight Corporation, the leading global provider of large-scale solar power systems, have entered into a five-year, $150 million photovoltaic PV supply agreement. Q- Cells will provide PowerLight with up to $150 million of high quality solar cells, with a PowerLight option to increase that volume by an additional $60 million of solar PV cells.
The Q-Cells – PowerLight partnership will allow Q-Cells (QCE; WKN 555866) to expand its presence in the U.S. solar market, and further ensure PowerLight’s leadership position as North America’s largest and most experienced provider of solar power systems for the commercial, public sector and production homebuilder markets.
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