Nofar USA and Qcells USA Sign Agreement to Develop and Build Two Utility-Scale Energy-Storage Projects in Texas
FORT LAUDERDALE, Fla., March 20, 2025--Nofar USA, a wholly owned subsidiary of Nofar Energy (TASE: NOFR), and Qcells USA Corp. (Qcells), a wholly owned subsidiary of Hanwha Qcells, have signed an agreement to cooperate on the development and construction of energy storage projects totaling 350MW of capacity with 2 hour duration (total of 700MWh).