Hanwha Q CELLS and GSE Put Two Solar Power Plants in Operation Near Cambridge, UK

Hanwha Q CELLS Co., Ltd. (the "Company" or "Hanwha Q CELLS") and its development partner Golden Square Energy (GSE) have put two solar power plants in operation near Cambridge in the United Kingdom. After having received planning consent for the Fenland Farm and the Green End PV parks in November 2014 and December 2014 respectively, construction and grid connection of both projects took place in the first quarter of 2015, on time to operate under the 1.4 ROC scheme.

GSE is a joint venture between AG Renewables and Ingenious Clean Energy and has been established in 2014 with a view to developing and managing a significant portfolio of renewable projects. The well-capitalised and integrated renewables business led the development of both the Fenland Farm and the Green End project. Hanwha Q CELLS, one of the world's leading photovoltaics companies, was responsible for the EPC (Engineering, Procurement and Construction) using high quality Q CELLS Q.PRO-G3 modules and took full ownership of both parks including the Operations & Maintenance services.

With both parks on its balance sheet, Hanwha Q CELLS now owns a portfolio of more than 45 MW of solar plants in the UK and has been responsible for EPC of another 25 MW of solar parks, totalling a track record of around 70 MW of successfully constructed and operating PV parks in the UK.

172,500 solar modules will save around 22,700 tons of carbon emission per year

Given the changes in the ROC scheme at the end of March, it was important to connect both projects ahead of the 31 March deadline to ensure their operation under the attractive 1.4 ROC scheme. The teams on site installed and connected some 172,500 solar modules for the two plants within twelve weeks. The 24.8 MW Green End and the 20.4 MW Fenland Farm project are expected to produce around 44,000 MWh of clean electricity per year; enough to power more than 13,300 households.

Utility scale solar power plants remain attractive in the UK -- with experienced partners

"We are very happy to continue our successful partnership with Hanwha Q CELLS on these projects," said Oliver Breidt, one of the directors of GSE. "Together we have proven that we deliver fast and reliable development and EPC capabilities as well as attractive Return on Investment."

Mauro Di Fiore, Vice President Global EPC / Utility at Hanwha Q CELLS added: "Both Green End and Fenland Farm are yet further proof that Hanwha Q CELLS is the right partner when it comes to reliable Power Plant Solutions in the UK. We are very satisfied about the established and reliable partnership with GSE and we are looking forward to working together again in the future."

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