Microsoft and Qcells Ink 12GW Solar Panel Deal

The partnership accelerates Microsoft's renewable energy goal and boosts Qcells' U.S. production.

• Microsoft has announced a 12GW solar panel deal with South Korean firm Qcells, which will supply American-made solar panels through 2032.
• The deal is part of Microsoft's goal to fully power its operations with renewable energy by 2025.
• Qcells will produce the solar panels at its new $2.5 billion factory in Georgia, aiming to establish a U.S.-focused supply chain to compete with China.
• The partnership will drive demand for Qcells' products and is the largest of its kind for the engineering, procurement, and construction firm.
• Microsoft's solar provision is the equivalent of powering more than 1.8 million homes annually.

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