Hanwha Q CELLS USA on Nov. 2 announced the signing of a 25-year power purchase agreement (PPA) between Hanwha and Austin Energy, an electric utility serving more than 1 million residents in the Greater Austin, Texas, area.
Hanwha is developing a 170-MW utility-scale solar plant with the close collaboration of local landowners on privately held land in Pecos County, Texas. The site is in the vicinity of several other large solar farms in development. With robust wind generation currently in operation and installed along the mesas surrounding Pecos County, the solar resource is complementary to the wind resource that blows mainly at night, Hanwha said.
“We’re very pleased to be partnering with Hanwha to bring more clean solar energy to our customers,” said Larry Weis, General Manager of Austin Energy. “This action moves us closer to the City of Austin’s goal of 55 percent renewable energy production by 2025.”
“We’re very excited by the opportunity to work with Austin Energy and support their goal of adding significant solar energy to their generation portfolio,” said Laurence Greene, Chief Development Officer of Hanwha Q CELLS USA. “The solar facility will be a state-of-the-art generation resource using high-performing and efficient technology that will transform the underutilized site into an environmentally sustainable source of power to the local community.”
Hanwha said it plans to complete the development, design, and construction of the solar project in an expedited fashion.
Hanwha Q CELLS USA designs, builds and manages financially sustainable solar photovoltaic (PV) solutions. Hanwha Q CELLS USA offers the full spectrum of PV solutions including power plant development, engineering design, construction, project finance, operations and maintenance. Hanwha Q CELLS USA is an affiliate of Hanwha Group.
Austin Energy, the City of Austin’s electric utility, serves more than 440,000 customer accounts and more than 1 million residents in Greater Austin.