Microsoft Signs 8-Year Agreement for 12 GW of Solar Modules and EPC Services with Qcells to Reach Carbon-Negative Goal by 2030

Jan. 9, 2024
The two companies will also collaborate to bring an estimated 1.5 GW of solar panels a year to projects Microsoft has contracted through 2032

To help solidify Microsoft as one of the world’s largest purchasers of renewable energy, the company announced an eight-year strategic alliance with Qcells, a complete clean energy solutions provider.

Under this alliance, which marks the largest module and engineering, procurement, and construction (EPC) services agreement for Qcells to date, the company will supply Microsoft with 12 GW of solar modules and EPC services over an eight-year period – the equivalent of powering more than 1.8 million homes annually.

The two companies will also collaborate to bring an estimated 1.5 GW of solar panels a year to projects Microsoft has contracted through 2032. The solar modules will be supplied by Qcells’ fully integrated solar supply chain factory in Cartersville, Georgia, which is part of Qcells’ $2.5 billion investment announced last year.

This agreement also helps support Qcells’ goal of building a stronger and more secure US solar supply chain while producing sustainably made solar modules and Microsoft’s goal of continuing to invest in purchasing renewable energy and other efforts to meet its carbon-negative, water-positive, and zero waste goals by 2030.

“Our expanded agreement with Qcells is designed to drive large-scale domestic production of solar modules essential to advancing a resilient US supply chain and clean energy economy,” said Bobby Hollis, Vice President of Energy at Microsoft. “Through long-term agreements like this, we are signaling Microsoft’s demand and bringing more renewable energy to the grid faster.”