HD Hyundai Energy Solutions has secured a major module supply agreement for a utility-scale solar project in the United States, reinforcing its position in the global solar market.
The company announced that it has signed a contract worth approximately $85 million with Hillsboro Solar Project LLC. The deal represents around 30.3% of HD Hyundai Energy Solutions’ annual revenue based on its 2024 financial results. Module deliveries are scheduled between the second quarter of 2026 and the first quarter of 2027.
Under the agreement, the project will deploy high-output glass-to-glass (G2G) bifacial modules manufactured entirely at the company’s advanced smart factory in South Korea. The company highlighted that its vertically integrated manufacturing capabilities enable compliance with stringent U.S. requirements for supply chain transparency, traceability, and quality assurance.
The development follows the company’s entry into the top 10 residential solar suppliers in the Americas in 2025 and builds on its track record of supplying high-efficiency solar cells to U.S.-based manufacturers. With this contract, the company is further expanding its footprint in the United States utility-scale solar segment by delivering fully assembled modules.
HD Hyundai Energy Solutions also operates an in-house research and testing center certified by UL, ensuring compliance with international standards through rigorous internal validation processes. The company stated that its testing protocols are designed to ensure long-term reliability and performance of its modules, particularly in large-scale and demanding environments.
In addition, the company has recently established a dedicated task force to initiate in-house solar inverter development and is currently evaluating options for manufacturing key solar equipment within South Korea.
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