Onyx Renewables and Qcells Debut Partnership with Two Community Solar and Energy Storage Projects in Massachusetts

The strategic alliance will convey neighborhood photo voltaic and power storage to Massachusetts communities

NEW YORK – Feb. 8, 2024 – Onyx Renewable Companions LP, a one-stop supplier of fresh power and decarbonization options, and Qcells North America, a worldwide chief in full clear power options, at present introduced the plans to develop two neighborhood photo voltaic and battery initiatives in Massachusetts. The initiatives developed by Onyx have a complete of 6.2 megawatts (MW) – 3.3 MW supplied by Qcells – of photo voltaic and 5.5 megawatt-hours (MWh) of power storage, all supplied by Qcells.

The anticipated initiatives will strengthen native renewable power capability and supply neighborhood subscribers with entry to scrub power with out the necessity for on-site photo voltaic. The 2 initiatives are anticipated to offset 3,900 tons of carbon dioxide yearly, equal to powering roughly 700 properties, in line with the US Environmental Safety Company (EPA). Collectively, Onyx and Qcells intention to set new requirements for sustainability and environmental administration throughout the ISO New England (ISO-NE) area and past.

The Onyx and Qcells initiatives will reveal the effectiveness of mixed photo voltaic and battery storage to construct a secure, constant and clear energy provide. Deployed beneath the neighborhood photo voltaic and feed-in-tariff packages and sourced from native distributors, each initiatives promote a accountable provide chain.

“With Qcells, we have now created a partnership to create photo voltaic and battery storage options for communities,” mentioned Angie Daoud, Chief Working Officer of Onyx. “This collaboration reinforces Onyx’s dedication to exceed buyer expectations by delivering premier high quality services. United by our shared imaginative and prescient for a sustainable future, we reveal that true success comes from lasting partnerships constructed on shared values.”

“Qcells is happy to companion with Onyx in the direction of constructing a sustainable future,” mentioned Jin Han, Company Officer, Head of Distributed Vitality at Qcells. “With Qcells’ progressive photo voltaic expertise, Geli’s power storage {hardware} and power administration system software program, and Onyx Renewables’ mission growth and implementation experience, our partnership will ship dependable, cost-effective and sustainable power options that profit shoppers, companies and utilities. We now have excessive hopes for our partnership with Onyx and our initiatives in Massachusetts are only the start.”
The Massachusetts initiatives profit from the state’s SMART incentive program, an initiative designed to help the expansion of solar energy within the Commonwealth by offering incentives primarily based on photo voltaic power manufacturing. As well as, each initiatives will take part within the state’s Clear Peak Vitality Commonplace (CPS), an initiative aimed toward assembly excessive electrical energy demand with clear power to create a extra sustainable and dependable grid in electrical energy.

Specifically, each initiatives function Qcells’ DC-coupled battery storage expertise and its end-to-end software program answer, Geli Vitality Administration System (EMS), to optimize battery charging and discharging to satisfy this system necessities for SMART and CPS whereas maximizing monetary. efficiency of initiatives when it comes to initiatives, all whereas bringing clear, secure advantages to the grid.
Geli EMS makes use of the identical machine studying algorithm to mannequin the monetary returns of initiatives as utilized in battery operation in actual time, offering correct and dependable mission income projections from the start , to tell the funding choices of Qcells companions. Qcells and Onyx may also deploy a risk-sharing partnership construction on the initiatives, leveraging Qcells’ distinctive Grid Providers choices. This features a income share settlement and Qcells’ Community Operations Heart (NOC) Providers providing to cut back the danger of long-term property.

Onyx and Qcells stay up for increasing the partnership nationwide, together with initiatives in ISO-NE, California ISO, NYISO, and so forth., for photo voltaic panels and power storage techniques.


About Qcells
Qcells is likely one of the world’s main clear power firms, acknowledged for its established status as a producer of excessive efficiency, prime quality photo voltaic cells and modules, portfolio of clever storage techniques, and a rising worldwide pipeline of main renewable power initiatives. Qcells additionally offers renewable electrical energy retail providers and packages to finish prospects all over the world. The corporate is situated in Seoul, South Korea (International Govt HQ) and Thalheim, Germany (Know-how & Innovation HQ) with varied worldwide manufacturing services within the US, Malaysia, China, and South Korea. Qcells strives to supply Completely Clear Vitality by way of a full spectrum of photovoltaic merchandise, storage options, renewable electrical contracting and enormous solar energy crops. By way of a rising world enterprise community spanning Europe, North America, Asia, South America, Africa and the Center East, Qcells offers wonderful service and long-term partnerships with its prospects within the utility markets. , industrial, authorities and residential. For extra data, go to: http://us.qcells.com/.

About Onyx Renewable Companions LP

Onyx helps firms construct the bridge from at present’s clear power actuality to tomorrow’s potentialities. Onyx’s method to offering clear power options ensures professional steerage each step of the way in which for our industrial and industrial prospects. From photo voltaic power and storage to electrical automobile charging and past, Onyx companions with our shoppers from the start; our crew focuses on creating long-term relationships for the lifetime of the asset. We design, develop, finance, construct, function and keep our initiatives and portfolios. Onyx leverages its intensive trade experience to rework the complexities of power and regulation into easy clear power options to cut back carbon emissions and ship financial financial savings for our prospects. For extra data, go to www.onyxrenewables.com or join with us on LinkedIn.

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