HD Hyundai Energy Solutions has reaffirmed its technological excellence and product reliability by securing a major module supply agreement for a utility-scale solar project in the United States.
The company announced it has signed a single supply contract worth approximately $85 million with Hillsboro Solar Project LLC. This substantial agreement accounts for 30.3% of the company’s annual revenue based on its 2024 financial results. Deliveries are scheduled to take place from the second quarter of 2026 through the first quarter of 2027.
The project will exclusively utilize high-output glass-to-glass (G2G) bifacial modules produced entirely at the company’s state-of-the-art smart factory in South Korea. Leveraging its advanced cell and module manufacturing infrastructure built in South Korea, HD Hyundai Energy Solutions fully meets the U.S. market’s stringent demands for enhanced supply chain transparency and traceability, while delivering optimal products through rigorous quality control.
Building on its milestone of entering the Top 10 in the Americas residential solar market in 2025, and its proven track record of supplying high-efficiency solar cells to U.S.-based module manufacturers, the company is now further cementing its robust presence in the U.S. market by delivering fully assembled modules for this large-scale utility project.
Furthermore, HD Hyundai Energy Solutions operates its own in-house research and testing center, which holds the status of a UL-certified laboratory, ensuring strict compliance with internationally recognized certification standards. By subjecting its products to rigorous internal testing protocols that exceed international standards, the company guarantees reliable performance and long-term durability, even in the harshest environments of large-scale utility power plants.
Additionally, HD Hyundai Energy Solutions recently launched a dedicated task force (TF) and has begun full-scale preparations for the in-house development of solar inverters. As part of this effort, the company is reviewing various options for producing key solar equipment in South Korea.
