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  • Hanwha pledges commitment to build a fully American solar supply chain

    Mar 23, 2022 12:00:00 AM

    • Hanwha Solutions to become the largest shareholder of Norway-based U.S. polysilicon manufacturer REC Silicon after acquiring an additional 4.67% stake from Aker Horizons, increasing total investment to $204 million and ownership share to 21.34%.
    • The acquisition is a part of Hanwha’s efforts to rebuild the U.S. solar value chain and supply customers with “Made-in-America" products. It aims to create good-paying jobs for American workers and secure the supply chain for clean energy technology.
    • Key to achieving this ambitious goal is the implementation of comprehensive manufacturing policy in the U.S., including the landmark Solar Energy Manufacturing for America Act (SEMA). Once implemented, Hanwha will implement a multi-phase, multi-billion-dollar expansion across the full solar energy supply chain.

    [Seoul, South Korea, March 23, 2022]  The United States solar industry is at a critical juncture. Despite long-term efforts to decarbonize the electric grid with clean energy, the prospect of doing so with American-made products remains uncertain. Most domestic solar manufacturing facilities have shuttered after decades of struggles, prompting calls across the country to revitalize U.S. businesses dedicated to clean energy manufacturing.

    Hanwha Solutions, the Korean energy-to-material company owning complete energy solutions provider Q CELLS, has ambitious plans to address this. Hanwha announces today a plan to secure capabilities across the full solar technology supply chain, with goals of creating good-paying jobs, addressing climate change, and strengthening U.S. energy security. Operating the largest module production plant in the United States, Q CELLS is the number one module supplier in the U.S. residential and commercial solar markets and a leading player in the utility sector.

    Hanwha launches this effort by becoming the largest shareholder of REC Silicon, a major U.S. manufacturer of polysilicon, the key raw material used to produce solar panels. This investment will help American businesses secure the raw material critical to the solar supply chain as global competition over clean energy sources intensifies in the coming years.

    Moving forward, in tandem with the Biden administration's efforts to incentivize solar manufacturing in America, Hanwha intends to implement a multi-phase, multi-billion-dollar investment plan across the full solar value chain from polysilicon to solar modules.

    "Our commitment to the U.S. is more serious than ever before," said Justin Lee, CEO of Q CELLS. “We plan to make investments to secure capabilities across the entire solar supply chain, with the goal of supplying our partners with Made-in-America products that will help the U.S. regain its leadership in clean energy solutions.”

    Hanwha becomes the largest shareholder of REC silicon to produce “clean polysilicon”

    Following its initial $160 million acquisition to acquire a 16.67 percent stake in REC Silicon in January 2022, Hanwha will now become the largest shareholder of REC Silicon by acquiring an additional 4.67 percent stake from Aker Horizons, a sustainability investment firm that had been co-owner of REC Silicon with Hanwha Solutions. The deal is valued at around $44 million.

    REC Silicon operates two polysilicon manufacturing facilities in the US: Moses Lake, Washington and Butte, Montana. Their combined annual production capacity totals 18,000 metric tons (MT), including 16,000 MT of granular, solar grade polysilicon at Moses Lake, and 2,000 MT of electronic grade polysilicon at Butte.

    Using hydropower-based clean energy, REC Silicon produces low-carbon polysilicon without emitting greenhouse gases. Compared to carbon-heavy polysilicon manufactured overseas that often relies on coal power, REC Silicon's "clean polysilicon" is expected to draw more demand in the coming years as international scrutiny over industrial emissions and carbon footprints grows.

    Besides solar grade polysilicon, REC Silicon also manufactures other high-value materials such as electronic grade silicon and silane gas, which are essential for producing hi-tech devices including semiconductors, smartphones, flat screen televisions, laptops, and hybrid electric vehicles.

    “Increasing energy market turbulence tells us why securing key raw material production is so critical,” said a Hanwha Solutions spokesperson. “Given upward pressure on oil prices and scrutiny over the environmentally damaging impacts from fossil fuels, we believe that strengthening the renewable-based energy supply chain is important – and producing low-carbon solar material is a good starting point to achieve the goal.” 

    Rebuilding the U.S. Solar Energy Supply Chain

    The acquisition of REC Silicon is only the prelude to Hanwha's larger ambition of rebuilding the full U.S. solar supply chain.

    Having secured a stable supply of key raw materials for photovoltaic panel production, the company intends to follow up with subsequent investments in virtually every sub-sector of the domestic solar manufacturing ranging from key raw materials like polysilicon to fully assembled solar modules.

    Currently, Hanwha operates the largest module production facility in the U.S. through its solar panel business unit, Q CELLS. The Georgia-based factory can produce 1.7 gigawatts of solar modules per year, accounting for nearly 20 percent of total module production capacity in the United States.

    Combining low-carbon polysilicon with premium solar modules, Hanwha aims to create a comprehensive and fully domestic solar supply chain. The initiative aims to support the Biden administration's efforts to decarbonize all electricity by 2035 and increase solar-based power generation to 40 percent.

     The investment is also expected to add a substantial number of well-paying, place-based renewable energy jobs across America. Hanwha already employs up to 750 in Georgia at its module production facility. The company’s intention is to create many times that number of new jobs with its planned investments.

    "We imagine a Moses Lake factory brought back to life with local workers clocking in and operating the plant," said a Hanwha spokesperson, referring to the currently idle REC factory, which is planned to reopen in 2023. “Together with our module factory in Georgia and new planned investments, we will fulfill our pledge to create quality clean energy manufacturing jobs across the United States.” 

    Enactment of SEMA Critical to Boosting Solar Manufacturing in U.S.

    Crucial to achieving this goal are durable, long-term policies to attract and sustain domestic solar manufacturing in the United States. Policies aimed at rebuilding supply chains for renewable energy are becoming more important, with countries around the world looking to strengthen their domestic energy capabilities in their efforts to address climate change.

    The Biden Administration has suggested a comprehensive, “whole-of-government” approach for achieving this, inclusive of smart trade policy, strengthened Buy American rules, and durable tax incentives. All are critical to facilitating investment. Applied in concert, they can create a scaled, globally competitive U.S. industry. 

    SEMA, introduced by Senators Jon Ossoff and Raphael Warnock of Georgia, is one such effort to reshore the solar supply chain and build a clean energy future. The bill was included in the House of Representatives' clean energy and climate tax package and passed by the lower chamber of Congress last year.

    Once passed by the Senate and signed into law by President Biden, the legislation will boost America’s panel manufacturing capacity and create massive job opportunities in the solar industry. In a letter to President Biden, the SEMA Coalition, representing American solar manufacturers supporting the legislation, said that the bill would add more than 30 GW to domestic solar manufacturing capacity in the U.S. by 2025, creating 18,000 direct and 60,000 indirect manufacturing jobs.

    "Enacting SEMA is key to fulfilling our pledge to rebuild the U.S. solar supply chain with fully Made-in-America products,” said the Hanwha Solutions spokesperson. “With a long-term plan to support domestic solar manufacturing, we can help America lead the clean energy revolution and win the fight against climate change.”

    About Hanwha Solutions

    Hanwha Solutions aims to deliver sustainable solutions for the planet through smart energy solutions and customer-focused materials. The Company operates its business through five divisions: Q CELLS, Chemical, Advanced Material, Galleria and City Development. The Q CELLS Division offers total energy solutions from photovoltaic module manufacturing, power plant operation to electricity retailing service. The Chemical Division, the first in Korea to produce polyvinyl chloride (PVC), manufactures various petrochemical products and eco-friendly plasticizers. The Advanced Materials Division produces high-tech materials for automotive, photovoltaic and electronic devices. The Galleria Division, an operator of premium department store chain, provides premium fashion and food services. The City Development Division is a leading real estate developer specializing in industrial complexes. With its innovative technologies for sustainable growth, Hanwha Solutions strives to become a global leader in bringing a better future for humanity.

    Contact

    Q CELLS North America, Media

    [email protected]

  • Q CELLS announces strategic partnership with Kendall Sustainable Infrastructure

    Jan 13, 2022 12:00:00 AM

    • The new alliance underscores Q CELLS’ role as a complete energy solutions provider, leveraging its capabilities in deploying hardware, software and financing solutions, while de-risking projects and tapping into additional grid service revenue streams.
    • Q CELLS’ Grid Equity financing product will be offered for select Battery Energy Storage Systems (BESS)

    [Irvine, United States, January 13, 2022] Today Q CELLS North America, a leading complete energy solutions provider, announced a partnership with Kendall Sustainable Infrastructure, LLC (KSI), a nationally recognized and forward leaning development and finance firm that manages investments in distributed scale impact-producing assets including solar and energy storage projects.

    The partnership sets the stage for a close collaboration between Q CELLS and KSI on project co-development and financing. Q CELLS brings a full suite of solutions including best in class Energy Management Software (EMS), BESS expertise and renewable energy hardware. In addition to expertise, Q CELLS has allocated capital for investment into KSI projects in the U.S. including those that could include solar modules, BESS, grid services and its Geli EMS.

    For select energy storage projects, Q CELLS will also be able to offer its Grid Equity financing product, designed to de-risk energy storage projects in KSI’s project portfolio. Q CELLS’s Grid Equity solution optimizes the value of energy storage systems by participating in ISO wholesale markets and demand response programs.

    Dan Loflin, Senior Vice President of Q CELLS North America’s Distributed Energy Solutions business said, “We are thrilled to begin working with KSI, and see this partnership as an impactful step forward in demonstrating our capabilities as a complete energy solutions provider. We look forward to engaging in project development initiatives with KSI through providing our hardware, software and financing solutions designed to maximize returns while de-risking energy storage revenues.”

    John Chaimanis, Co-Founder and Managing Director of Kendall Sustainable Infrastructure said, “Teaming up with Q CELLS enhances our competitiveness by adding a rare capability in the marketplace. Q CELLS brings outstanding reliability and well-timed innovation. Working together will allow us to continue delivering on our promise of ‘value-added finance’ in a world of commodity capital. We’re excited to leverage Q CELLS’ complete energy solutions package.” 

    Ken Lehman, KSI Co-Founder and Managing Director said, “KSI and Q CELLS share a dedication to improving the sustainability of our power grids. Each project we do together advances the transition to clean, renewable energy resources and will have positive impacts for years to come.”  

    About Q CELLS

    Q CELLS is a renowned complete energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ), Thalheim, Germany (Module Technology & Innovation HQ), and Seoul, South Korea and San Francisco, USA (Energy Storage/Inverter & Software HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    About Kendall Sustainable Infrastructure

    Kendall Sustainable Infrastructure, LLC (“KSI”) is dedicated to building and owning sustainable, long-lived assets, including solar, water, and other infrastructure projects.  We believe that changing the way people get electricity and manage water can be done more resiliently and cleanly. Doing this improves the quality of life for all us. We believe that by empowering local companies through the provision of finance and a problem solving mindset that we can deliver these very heavily demanded solutions. The local companies that we empower will grow, their communities will get stronger, and we can produce attractive returns to our investors. As of today, the company has completed over 60 distributed infrastructure transactions. KSI provides capital to local developers and EPC contractors during development and at project takeout with the ultimate goal of ownership.  Investments range from $500K to $20M per project.  For more information about collaborating on projects or our investment program, please visit https://kendallsustainableinfrastructure.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Q CELLS North America, Media
    E-mail: [email protected]

  • Hanwha Solutions makes $160.47 million investment in REC Silicon to secure low-carbon polysilicon in the U.S.

    Nov 18, 2021 12:00:00 AM

    • Hanwha Solutions Corporation, which operates complete energy solutions provider Q CELLS, agrees to purchase 16.67% stake in REC Silicon ASA for $160.47 million. This investment aims to secure the supply of key photovoltaic raw materials to meet growing U.S. demand for domestically manufactured solar products. Additional investments are expected upon passage and implementation of Senator Jon Ossoff and Senator Raphael Warnock’s Solar Energy Manufacturing for America Act, coupled with smart trade and procurement policy.

    [Seoul, South Korea, November 18, 2021] Hanwha Solutions (or “the Company”) today announced a strategic investment in polysilicon manufacturer REC Silicon ASA (“REC Silicon”) to secure low-carbon photovoltaic materials amid growing demand for renewable energy in the United States.

    The Company, which operates total energy solution provider Q CELLS, said it agreed to purchase a 16.67% stake in REC Silicon for $160.47 million, becoming a co-leading shareholder of the polysilicon manufacturer with Aker Horizons, a Norway-headquartered investment firm focused on renewable energy.

    Q CELLS is already the leading solar module manufacturer in the United States thanks to its 1.7-gigawatt factory in Dalton, Georgia that employs 700 workers. This announcement will pave the way for the Company to make further investments throughout the solar value chain in the U.S.

    REC Silicon operates two polysilicon manufacturing facilities in the U.S., with an annual production capacity of 20,000 MT: 18,000 at Moses Lake, Washington, and 2,000 at Butte, Montana. Using hydropower-based clean energy, REC Silicon can produce low-cost polysilicon without emitting greenhouse gases.

    Hanwha Solutions weighing further U.S. investment

    This investment is intended as the next step in the creation of a comprehensive U.S. solar value chain, from production of polysilicon to fully assembled solar modules.

    Key to these investments is Senator Jon Ossoff and Senator Raphael Warnock’s Solar Energy Manufacturing for America Act (SEMA), which is a production-based tax credit designed to incentivize manufacturing at all steps of the solar supply chain including polysilicon, wafers, cells, and modules. Equally important is smart trade, procurement, and environmental policy. Q CELLS initial U.S. manufacturing investment came in 2018 after introduction of the Section 201 solar safeguard.

    “Most US-based polysilicon manufacturers have halted their production for solar-grade polysilicon, including REC Silicon at Moses Lake. Signing SEMA into law and leveraging smart trade and other federal policies will boost solar manufacturing in the United States,” said a Hanwha Solutions spokesperson. “Capitalizing on our expertise in polysilicon production, we will reopen the Moses Lake facility and jumpstart REC Silicon production”

    With the Biden administration pledging to create a net-zero economy by 2050 and use a whole-of-government approach to invest in critical manufacturing sectors like solar, the Company expects its investment in REC Silicon will help to meet the dramatically growing demand for solar panels. The administration has announced that it hopes to increase solar’s share of electricity generation in the United States to 40 percent by 2035.

    Taking the administration’s goals as an opportunity, the Company seeks to maintain its top market share in the U.S. According to the latest Wood Mackenzie Power & Renewables report, Q CELLS has a 22% market share in the U.S. commercial solar module market, marking two consecutive years as No.1 supplier. Q CELLS has also maintained its leading position in the U.S. residential solar markets for three consecutive years, with a 25% market share to-date in 2021. The Company is also a leading supplier to the utility solar sector.

    “Expanding renewable energy is inevitable, given global efforts to combat climate change,” added the Hanwha Solutions spokesperson. “Focusing on the U.S., Korea, Europe and other dynamic solar markets, we will expand our investments to meet the growing demand for renewable energy.”

    About Q CELLS

    Q CELLS is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH                      Q CELLS North America
    Corporate Communications                    Media
    Jochen Endle, Ian Clover                       Adam Bestrom
    Tel: +49 (0)3494 6699 10121                 Tel: +1 949 748 5996 ext. 131
    E-mail: [email protected]                  E-mail: [email protected]

  • Q CELLS makes Grid Equity investment into portfolio of Amped Solutions projects

    Aug 26, 2021 12:00:00 AM

    • Q CELLS accelerates its complete energy solutions for customers and partners with a new financing structure to maximize project value and bankability

    [Irvine, United States, August 26, 2021] Today Q CELLS North America, a leading manufacturer of PV modules and provider of complete energy solutions, announced that it closed on an investment into a portfolio of solar-plus-storage projects developed by Amped Solutions.

    The investment was made using a new ‘Grid Equity’ financing structure, under which Q CELLS provided Amped Solutions with capital in exchange for the rights to future grid services revenue expected to be generated by the portfolio of operating systems deployed in California. Amped Solutions and its partners will retain ownership of the systems, and all other revenue streams associated with the systems, such as bill savings, incentives and tax benefits.

    Shane Kim, President of Q CELLS North America, said, “As part of our growing suite of complete energy solutions, we’re excited to offer our customers and partners investment capital under a new Grid Equity structure. We believe it can be a valuable co-development tool to help them boost the economics and bankability of their solar-plus-storage projects.”

    Dan Martin, CEO of Amped Solutions, added, “This investment from Q CELLS has allowed us to receive capital now and reduce our project risk. We plan to use that capital to upgrade and augment the systems, which will improve their performance for Amped Solutions, for our customers, and for Q CELLS. This is a win-win-win deal.”

    Q CELLS believes this Grid Equity structure has applications across multiple states, and for C&I and community solar projects under development or already in operation.

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    About Amped Solutions

    Amped Solutions leverages experts in the design, construction, financing, and operation of commercial and industrial solar and energy storage projects. It owns energy storage systems and are quite familiar with the changing regulatory, tax, operations, maintenance, and monitoring challenges of this asset class. Working with world-class engineering, procurement, and construction (EPC) firms, it can design, install, and maintain a photovoltaic and/or energy storage solution for customer facilities to achieve maximum energy savings across their entire commercial real estate portfolio.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and RBC and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, RBC and Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Q CELLS North America, Media
    E-mail: [email protected]

  • Q CELLS and Samsung Electronics enter into ‘Zero Energy Home’ business partnership

    Jul 5, 2021 12:00:00 AM

    • By connecting the devices and software platforms of both companies, Q CELLS and Samsung Electronics will build ‘Zero Energy Homes’ for energy independence and carbon reduction, creating synergy in the global residential energy market.

    [Seoul, South Korea, July 5, 2021] Q CELLS has announced today that it has signed a memorandum of understanding (MoU) with Samsung Electronics to strengthen both companies’ strategic cooperation and create synergy in the global residential energy market.

    On July 2, 2021, at Q CELLS’ global headquarters in Seoul, South Korea, Hee Cheul (Charles) Kim, CEO of Q CELLS, and JaeSeung Lee, President and Head of Digital Appliances Business at Samsung Electronics, signed the agreement, which aims to support the growth of zero energy homes by connecting the devices and software platforms of both companies to provide comprehensive energy services. These services include energy generation, energy storage, power consumption, and intelligent energy management.

    ‘Zero Energy Home’ is a concept that efficiently uses energy directly produced in the home to enable homeowners to achieve energy independence and reduce their carbon emissions. It is comprised of ‘active technology’ - producing energy through renewables like solar - and ‘passive technology’ using devices that minimize energy losses.

    As a world-renowned total energy solutions provider, Q CELLS’ role in the business partnership is to provide solar modules and energy storage systems (ESS) to customers, as well as Q CELLS’ self-developed home energy management system, Q.ONNECT. This combination of hardware and software allows homeowners to collect and manage all data on energy generation, storage, and total usage in real time. In addition, Q.ONNECT will provide the optimal ESS operation service based on the expected charging amount data according to the local weather forecast.

    This data, when linked to Samsung Electronics’ SmartThings platform, will give homeowners more control to optimize home energy use. SmartThings is Samsung’s open smart home platform that can link to Samsung and non-Samsung devices, empowering users to manage their home appliances from one central hub. Together with Q CELLS’ technology, the SmartThings Energy service will give homeowners a clearer view of how energy is consumed by heat pumps and appliances, letting them set up a more sustainable energy management plan.

    In addition, the two companies plan to develop business cooperation such as joint sales mainly in the U.S. and Europe, where the residential energy market has matured, as well as domestic and overseas demonstration projects.

    Q CELLS’ Mr. Kim, said: “Through close cooperation between two Korean companies, we expect to provide our global customers with competitive energy solutions. We hope that the synergy with Samsung Electronics will strengthen our leading position in the global residential energy market.”

    Samsung Electronics’ Mr. Lee, added: “Through active cooperation with Q CELLS, Samsung looks forward to expanding our presence and strengthening our brand in global markets. We anticipate great synergy between Samsung Electronics’ smart home appliances and SmartThings platform, and Q CELLS’ solar energy and storage solutions.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Q CELLS announces major push into Hawaiian solar plus storage market with eStat partnership

    Jun 15, 2021 12:00:00 AM

    • The partnership will enable development of resilient Zero Carbon Smart Homes and allow for NEM-equivalent savings in the Hawaiian market.
    • Q CELLS’ world-class solar modules and home energy storage system coupled with eStat’s energy optimization and management solutions will provide stable and resilient energy

    [Irvine, United States, June 15, 2021] Q CELLS officially announced plans for expanding its reach in the Hawaiian residential energy market through a partnership with eStat Inc.

    eStat Inc. is focused on providing resilient and affordable clean energy solutions in the residential energy sector.  eStat’s innovative cloud-based energy optimization and management technology allows homeowners to build a sustainable Zero Carbon Smart Home that achieves NEM-equivalent savings in Hawaii.  As utilities phase out NEM programs, eStat’s technology will allow homeowners to achieve savings equivalent to those earned through NEM programs.  The technology also enables homes to become resilient island nano-grids through storage batteries which provide backup power when service disruptions occur on the grid.

    eStat recently partnered with Poncho’s Solar in Oahu, HI (in its 34th year of business) and plans to grow with more local partners and communities in the future to provide a steady supply of solar and storage systems to the Hawaiian market.

    Q CELLS partnered with eStat to supply its world-class solar modules and Q.HOME+ ESS HYB-G1 (“Q.HOME”) all-in-one home energy storage system for homeowners to consume clean solar energy in Hawaii. After nearly a year of refining features of the Q.HOME product, Q.HOME will be fully integrated with eStat’s cloud-based monitoring and management system, utilizing machine learning to enable home consumption to fully utilize onsite production and storage. The partnership will underscore eStat as Q CELLS’ primary O&M partner in the Hawaiian market.

    Shane Kim, President of Q CELLS North America said, “We are thrilled to join forces with eStat Inc. who we have collaborated closely with over the past year to enhance our Q.HOME product and integrate eStat’s in-home energy monitoring and management solution. Hawaii is a very important market for renewables and Q CELLS is excited to play a leading role in helping facilitate a sustainable energy future for the state.”

    John Borland, Director of eStat Hawaii, said, “We are happy to contribute to achieving Hawaii's goal of generating all residential power from 100% renewable energy sources with the world-renowned renewables company, Q CELLS. Hawaii provides one of the best locations on earth for the deployment and maximum utilization of solar energy including solar-PV+battery storage and solar-thermal hot water storage year round.  We just completed a 4-month field test of the Q.HOME product on Oahu verifying its ability to achieve: 1) a Zero Carbon Smart Home, 2) a Resilient Island Nano-Grid (grid-tie and off-grid operation) and 3) NEM-Equivalent savings.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    About eStat Inc.

    CEO Harumi Fujii McClure founded eStat in 2019 with a customer centric view and assembled a talented team of energy industry professionals whose individual careers span over 20 years and who have deep connections with key stakeholders in the Hawaiian residential energy market. eStat combines optimal hybrid inverter and cloud-based control technology where power is supplied by a third party.  eStat solves problems that are barriers to the introduction of solar such as curtailment and initial payment or capital investment for the power generation and energy storage equipment. For more information visit: https://www.estat.energy.

    Contact

    Kristina Arden-Wen
    E-mail: [email protected]

    Q CELLS North America, Media
    E-mail: [email protected]

  • Q CELLS recognized as Top Performer by PVEL for sixth consecutive year

    May 26, 2021 12:00:00 AM

    • The Company’s Q.PEAK DUO module series was rated as a Top Performer in the 2021 PV Module Reliability Scorecard published by PVEL, marking the sixth consecutive year of Q CELLS’ Top Performer status.

    [Seoul, South Korea, May 26, 2021] Q CELLS announced today that the Company has been recognized as a Top Performer for the sixth consecutive year in the 2021 PV Module Reliability Scorecard, published by PV Evolution Labs (PVEL).

    PVEL is one of the solar industry’s world-acclaimed reliability and performance testing labs. As an independent laboratory, PVEL samples and tests solar modules from leading solar manufacturers as part of its Product Qualification Program (PQP), and publishes the annual PV Module Reliability Scorecard based on these test results.

    The PV Module Reliability Scorecard is recognized as one of the most comprehensive publicly available comparisons of solar module reliability and performance, and the title of Top Performer – granted to high-ranked companies – is considered throughout the industry an esteemed mark of product quality and reliability.

    This year, Q CELLS earned the Top Performer recognition once again for its Q.PEAK DUO module series. Q CELLS’ Q.PEAK DUO solar modules are manufactured using the Company’s proprietary Q.ANTUM Technology, which is based on advanced PERC (Passivated Emitter and Rear Cell) technology.

    To secure high product quality and reliability, all Q.ANTUM products are backed by Q CELLS Yield Security, featuring excellent Anti-PID (potential induced degradation), Anti-LID (light induced degradation), and Anti-LeTID (light and elevated temperature-induced degradation) performance, as well as Hot-Spot Protect to ensure enduring performance. Another inherent feature of Q.ANTUM is Tra.QTM Technology, which is Q CELLS’ unique laser identification process that traces and monitors every single cell manufactured by the company, to guard against counterfeiting.

    In addition, Q CELLS recently became the first company to pass the TÜV Rheinland Quality Controlled PV (QCPV) certification program. Q CELLS has adopted QCPV as the company’s official certification standard in order to strengthen its position as the leading quality provider, backed by a testing scheme that is not only the most extensive and stringent available to date, but is also the only certification in the entire industry to involve independent and random onsite testing from running production, as well as regular material testing.

    Tristan Erion-Lorico, Head of PV Module Business for PVEL, said: “Q CELLS continues to demonstrate its consistency in reliability and quality by achieving its sixth consecutive Top Performer designation in this year’s PVEL Reliability Scorecard. We look forward to our continued testing of Q CELLS modules in the future.”

    Hee Cheul (Charles) Kim, CEO of Q CELLS, said: “We are honored to have been recognized once again as a Top Performer by PVEL for the sixth year in a row. This accolade is a result of continuous efforts in boosting our product’s quality and reliability. With our outstanding Q.ANTUM Technology and an industry-leading QCPV certification program, Q CELLS is committed to enhancing the integrity and performance of our products for years to come.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Q CELLS Secures Tax Equity Commitment for 81MWp Solar Project in Texas

    Apr 12, 2021 12:00:00 AM

  • [Irvine, United States, April 12, 2021] Q CELLS announced today that it has secured tax equity investment for its Kellam Solar Project, located in Van Zandt County, Texas in the North ERCOT load zone. RBC Community Investments (RBC) arranged the tax equity and will retain investment oversight in the project. The project comprises 193,620 Q.PEAK DUO L-G8.3 and L-G8.2 solar modules, 20 inverters and will produce enough electricity to power approximately 15,000 homes.

    The Kellam Project has a rated capacity of 81MWp and is fully contracted to its offtaker under a 15-year busbar power purchase agreement for all energy and environmental attributes. Construction of the solar farm commenced in April 2020 and full commissioning with commercial operation under its power purchase agreement was achieved in December 2020.

    The project once again highlights Q CELLS’ strength as a developer, EPC contractor, and a vertically-integrated supplier of modules. For project operation, the Kellam Project has engaged a leading O&M provider alongside a third-party asset manager with substantial industry expertise.

     

    Yonette Chung McLean, Managing Director at RBC shared, "RBC’s investment in the Kellam Project demonstrates our continued commitment to the renewable energy tax equity market while supporting the investment initiatives and ESG goals of our investor partners. We are proud to partner with Q CELLS on this and future solar projects."

    JK (Jaekyu) Lee, Senior Vice President of Hanwha Q CELLS USA Corp. said, "We are very excited to partner with RBC on the tax equity financing of this transaction in Texas, further establishing Hanwha Q CELLS USA’s commitment to downstream projects in North America. Hanwha Q CELLS USA adds to its EPC track record in Texas, having built more than 600MWp of projects in the state as of today, which we view as a significant milestone."

    About RBC Community Investments

    https://www.rbccm.com/en/expertise/us-municipal-finance/community-investments.page

    RBC Community Investments is a leading provider of Renewable Energy Tax Credits, Low Income Housing Tax Credits, Workforce/Impact Housing, Historic Tax Credits, and State Tax Credits. Our team is dedicated to the financing and development of renewable energy solutions and affordable housing throughout the country. As of December 2020, our team of over 100 professionals has closed over $12 billion in tax credit equity with over 90 institutional investors. Investors receive a full suite of asset management and reporting services throughout the investment life cycle.

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and RBC and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, RBC and Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    RBC media contact

    E-mail: [email protected]

    Q CELLS America, Media

    E-mail: [email protected]

  • Q CELLS maintains No.1 market share in U.S. residential and commercial solar sectors FY 2020

    Apr 7, 2021 12:00:00 AM

    • Latest U.S. PV Leaderboard report by Wood Mackenzie Power & Renewables marks Q CELLS’ continued leadership in the residential market for 10 consecutive quarters

    [Irvine, United States, April 7, 2020] Q CELLS announced today that it has retained top market share in the U.S. residential and commercial solar module markets, highlighting the Company’s consistent leadership in the industry.

    According to the Q1 2021 U.S. PV Leaderboard report by leading energy research and consultancy firm Wood Mackenzie Power & Renewables, Q CELLS obtained 24.8% market share in the U.S. residential market for FY 2020, marking 10 consecutive quarters of its No.1 position. The Leaderboard report also ranks Q CELLS as the U.S. commercial market leader with 19.1% market share, a 4.9% increase from FY 2019 and nearly double that of the next competitor.

    Q CELLS’ commitment to quality

    Q CELLS continues to provide its customers with the company’s wide range of high-quality solar modules and solutions. Recently, Q CELLS was the first solar module manufacturer in the industry to successfully complete and pass a stringent new module testing certification program from TÜV Rheinland. The Quality Controlled PV testing standard was developed to enforce stricter criteria on monitoring, testing, and recognizing solar module quality. It is the only program on the market to continuously monitor product quality and durability in mass production. For Q  CELLS, Quality Controlled PV is now the company’s official certification standard, beginning with its latest range of Q.PEAK DUO BLK ML-G9+ solar modules.

    Q CELLS’ commitment to becoming a total solutions provider

    Q CELLS’ expansion into the integrated C&I solutions space began with the acquisition of San Francisco-based energy storage solutions company Growing Energy Labs, Inc. (Geli). The new combined capabilities provide Q CELLS’ C&I customers with access to integrated PV+EMS+ESS solutions to deploy the most cost-effective solar-plus-storage solutions for their portfolios. Tailored turnkey solutions for equipment procurement (both module and ESS) and financing and asset management bring Q CELLS one step closer to becoming a well-rounded total solutions provider for its customers and partners.

    Hee Cheul (Charles) Kim, CEO of Q CELLS, said: “Q CELLS’ consistent top market share performance in the U.S. solar industry is testament to the company’s commitment to top quality and new, innovative solutions. With the support of our partners and customers, we will continue to explore new horizons and push the boundaries of excellence.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Q CELLS North America
    E-mail: [email protected]

  • Q CELLS announces partnership with solar design and sales software maker Aurora Solar

    Mar 31, 2021 12:00:00 AM

    • Q.PARTNERs can now redeem their Q.POINTs for a premium subscription to Aurora

    [Irvine, Calif., March 31, 2021] Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, has partnered with Aurora Solar to help the Company’s installers expand revenue and streamline delivery with the industry’s leading solar sales and design software. The partnership is designed to provide Q CELLS’ partner program members with exclusive access to Aurora.

    Thousands of Q.PARTNER installers are eligible to register their Q CELLS products to earn points and to redeem them for a premium monthly or annual subscription to Aurora through the Q.PARTNER Portal.  

    With Aurora’s premium subscription service, solar installers can deliver a highly visual and interactive customer experience that helps close more sales. Aurora provides the industry’s most trusted remote shading analysis, advanced LIDAR assisted modeling, accurate production and savings forecasts and much more.

    Shane Kim, President of Hanwha Q CELLS America Inc. said, “We’re proud to partner with Aurora Solar to provide Q CELLS installers with a powerful software platform to fuel their solar business.”  

    “Our teams worked hard together to bring additional benefits and education for Q.PARTNER installers,” said Meredith McClintock, Head of Business Development for Aurora Solar. “Aurora Solar is excited about this partnership and looks forward to supporting the Q.PARTNER ecosystem with our world-class solar design and sales software.”

    Learn more about the Q.PARTNER Program at: https://app.qcellspartner.us/rewards/qpoint-introduction

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with diverse international manufacturing facilities in the U.S., South Korea, Malaysia, and China. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Q CELLS USA, Media
    E-mail: [email protected]

  • Q CELLS Awarded EuPD Research ‘Top Brand PV’ Seal for Eighth Consecutive Year

    Mar 23, 2021 12:00:00 AM

    • Q CELLS one of only three module manufacturers to receive the ‘Top Brand PV’ seal for eight years in a row in Europe. The company has also been awarded the same seal in Australia for the sixth year in succession, boosting solid branding foundations to accelerate the transformation of Q CELLS in a total energy solutions provider.

    [Berlin, Germany, March 23, 2021] Q CELLS has been honored to receive the ‘Top Brand PV 2021’ seal from EuPD Research, the internationally renowned research institute, for the eighth year in a row in Europe and sixth year in a row in Australia.

    The ‘Top Brand PV’ seal is one the most recognized and prestigious certifications in the global solar industry, and stands as a reputable mark of PV reliability and trust. The seal is awarded to those companies that receive excellent feedback and ratings in EuPD Research’s ‘Global PV InstallerMonitor’ survey, which compiles the opinions of participating solar installers located across a number of leading solar markets.

    In securing the ‘Top Brand PV 2021’ seal, Q CELLS has once again proven its outstanding brand reputation for product quality and reliability that has been built up over 20 years in the industry. Buoyed by this independent recognition of the company’s brand power and business success in the global solar industry, Q CELLS can accelerate its business transformation into a total energy solutions provider.

    Huge leap forward as a total energy solutions provider

    Since its foundation in 1999 in Germany, Q CELLS has led the way for solar technology innovation. In 2007, Q CELLS began developing its proprietary Q.ANTUM Technology, the advanced PERC technology of Q CELLS. In 2012, Q CELLS became the world’s first solar manufacturer to begin mass production of solar modules based on this transformative PERC technology.

    Q.ANTUM Technology has since been further improved, evolving most recently into Q.ANTUM DUO Technology with half-cell, multi-busbar design and wiring interconnection. In September 2019, Q CELLS introduced its Q.PEAK DUO-G9 solar module series based on Q.ANTUM DUO Z Technology, which added Zero-gap technology to the existing benefits of Q.ANTUM DUO Technology. Q CELLS is now preparing the next era of solar technology, developing both n-type cell and perovskite tandem cell technology.

    As a pioneer and technology leader in the solar industry, Q CELLS has built up its superior brand power over a long time. The Company was selected as ‘Germany’s most popular supplier’ in the Life & Living Award 2020 in the category of solar technology, and also received a ‘Highest Reputation’ seal from Focus Money, achieving first place in the electrical industry category. With enduring success in the solar module business as a foundation, Q CELLS is now expanding its business expertise into energy storage solutions, downstream development and the energy retail business.

    Q CELLS provides the Q.HOME+ ESS HYB-G2, a scalable storage solution for the residential segment, with Q.ONNECT, which is its own in-house-developed HEMS (Home Energy Management System). Q CELLS is also planning to introduce its new flexible ESS solutions later this year.

    The GES (Green Energy Solutions) business division manages Q CELLS’ downstream business, and has ambitious plans in 2021 to develop and build numerous solar power projects mainly throughout Europe and the U.S. Recently, Q CELLS sold Roppey Solar, an 81 megawatt (MW) solar project in Cooke County, Texas, the U.S., after development and EPC.

    Q CELLS’ DES (Distributed Energy Solutions) business division manages the burgeoning energy retail business. As of now, Q CELLS is providing energy retail service in Germany and Japan, with plans to adapt and expand these services to other nations shortly. In Germany, Q CELLS offers a Q.ENERGY tariff, which supplies green electricity from 100% renewable sources in Germany and Austria to homeowners and small- and medium-sized companies. With its power contracting and solar leasing services, Q CELLS also offers companies in Germany access to affordable renewable electricity from their own rooftop, without the need for an upfront investment.

    Mr. Hee Cheul (Charles) Kim, CEO of Q CELLS, said: “Q CELLS is no longer just a solar module manufacturer. We aim to ensure that customers can be provided with all of the products and services they need throughout their energy journey, all from a single company: Q CELLS. A key tenet of our vision is to provide affordable and smart energy solutions through technology and innovation.”

    About Q CELLS

    Q CELLS is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Jochen Endle, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Adapture Renewables Acquires 81MWp Project from Q CELLS

    Mar 2, 2021 12:00:00 AM

  • [Irvine and Oakland, Calif., March 2, 2021] Adapture Renewables, Inc. announced today it has completed its acquisition of Rippey Solar, an 81 megawatt (MW) solar project in Cooke County, Texas from Hanwha Q CELLS USA Corp. Construction of the project, located 90 miles north of Dallas, began in April and the project achieved commercial operation in December 2020.

     

    The project highlights Q CELLS’ strength as a vertically-integrated supplier of modules, developer, and engineering, procurement, and construction (EPC) manager. Hanwha Q CELLS USA Corp. had acquired the project mid-development and completed development work earlier last year before breaking ground. The project uses Q CELLS’ high-performance Q.PEAK DUO L-G8.3 and L-G8.2 modules, ideal for commercial and utility applications thanks to a combination of innovative cell technology and cutting-edge cell interconnection for superior yields and low LCOE.

     

    JK (Jaekyu) Lee, Senior Vice President of Hanwha Q CELLS USA Corp. said, “We’re very proud to partner with Adapture Renewables, Inc. to bring this project to completion. The seamless integration between our development, EPC, and module supply teams facilitated a very efficient transaction during a challenging time in the capital markets due to COVID-19.”

     

    Adapture Renewables, Inc. has a direct stake in the project’s success, having financed the project with in-house capital and will own and operate the project for the long-term. With this new acquisition, the company increases its total portfolio of solar energy generating assets to 239 MW DC across the country, including 95 MW DC in Texas.

     

    “We take a deliberate approach to project selection and acquisition, adding only high-quality assets to our growing portfolio,” said Donald Miller, COO at Adapture Renewables, Inc. “The team at Q CELLS delivered a first-class facility with the Rippey project, and we’re looking forward to our new role as long-term neighbors, providing renewable energy to Texas consumers.”

    About Adapture Renewables, Inc.

    Adapture Renewables, Inc. is a solar project developer (and M&A shop), owner and operator. The company leverages its proven track record, deep domain expertise and comprehensive in-house development, EPC management, legal and project finance services to efficiently and effectively drive solar projects from origination to long-term operation. Backed by KIRKBI, Adapture Renewables, Inc. has the financial footing necessary to take a diligent and thoughtful approach to solar project development and is invested in its projects’ long-term success. The company’s culture of creative problem-solving and shared mission to accelerate the global transition to clean energy contribute to the company’s success deploying, owning and operating solar assets across ten states in the US. Adapture Renewables, Inc. is based in Oakland, CA. For more information about Adapture Renewables, Inc., visit https://adapturerenewables.com/.

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Adapture Renewables, Inc. and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Adapture Renewables, Inc. and Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contact:

    Adapture Renewables, Inc.

    E-mail: [email protected]

     

    Q CELLS USA, Media

    E-mail: [email protected]

  • Q CELLS completes acquisition of Geli, solidifying its expansion by offering integrated C&I solutions

    Dec 21, 2020 12:00:00 AM

    • Combined capabilities will provide C&I customers with integrated PV+EMS+ESS solutions for optimized business velocity, efficiency, and confidence, resulting in maximized project value and revenue potential

    [Irvine, United States, December 21, 2020] Q CELLS announced today that it has completed the acquisition of San Francisco-based energy storage solutions company Growing Energy Labs, Inc. (Geli). The two companies have begun the process of integrating its U.S. operations.

    As previously announced on August 6, 2020, the transaction brings together Geli’s end-to-end software platform and proprietary artificial intelligence technology with Q CELLS’ market-leading solar solutions. As one of the only providers of integrated C&I PV+EMS+ESS solutions, Q CELLS can now provide accurate project energy analytics, sizing & revenue projections, one-stop contracting & supplying, and commissioning & operations. These core capabilities are expected to provide customers with optimized business velocity, business efficiency, and business confidence, resulting in maximized project value and revenue potential.

    “Q CELLS and Geli have long been committed to innovation and a cleaner tomorrow through smart energy solutions. We are pleased to reach today’s milestone and to finally welcome the Geli team to the Q CELLS family. Together we hope to strengthen our commitment to the U.S. market and to bring superior value to our customers and partners in a segment slated for future growth.” Hee Cheul (Charles) Kim, CEO of Q CELLS said.

    “We’re tremendously excited about the acceleration Q CELLS is bringing to our business”, said Dan Loflin, CEO of Geli. “Our customers see value in the strength of software offerings paired with industry leading PV and ESS, along with the support of a financially bankable and reliable brand like Q CELLS.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contact

    Q CELLS America, Media
    E-mail: [email protected]

  • Hanwha Q CELLS media statement regarding U.S. Patent Trial and Appeal Board decision

    Dec 14, 2020 12:00:00 AM

  • [Dalton, United States, December 14, 2020] Hanwha Q CELLS respects the decision of the U.S. Patent Trial and Appeal Board (PTAB) in the Inter Partes Review (IPR) proceedings filed by REC Group last year relating to solar cell passivation technology on December 8, 2020. However, it is regrettable that the PTAB has not taken our supporting arguments into proper consideration.

    The result of the IPR is not final but appealable to the U.S. Court of Appeals for the Federal Circuit. Though a few claims of the ‘215 patent have been invalidated in the IPR, the majority of claims are still valid maintaining its patentability. In view of this, Hanwha Q CELLS is confident that it will eventually succeed in proving the validity of its patent in the appeals.

    The validity of our PERC cell technology has previously been confirmed by China's Reexamination and Invalidation Department of the Patent Office in November 2020 in a patent invalidation trial. Prior to this ruling, Hanwha Q CELLS has also won the first patent infringement trial in Germany filed against REC Solar EMEA GmbH and others with respect to its patent (EU ‘971) in June 2020.

    Hanwha Q CELLS is determined to prove the validity of its patent by filing an appeal at the U.S. Court of Appeals for the Federal Circuit. Hanwha Q CELLS believes innovative and original technologies are crucial in driving the solar power industry forward. Thus, Hanwha Q CELLS will seek all possible legal avenues to prove its claims of infringement and to protect the company’s valuable intellectual property rights.

    Safe-Harbor Statement

    This media statement contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’s operations and business outlook contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Media Contact

    Q CELLS North America
    E-mail: [email protected]

  • Hanwha Q CELLS media statement regarding REC Group patent infringement lawsuit

    Dec 2, 2020 12:00:00 AM

  • [Dalton, United States, December 2, 2020] Hanwha Q CELLS USA Inc. is aware of the patent infringement lawsuit in the U.S. District Court for the District of Delaware filed by REC Group (“REC”), a subsidiary of China National Chemical Corp., or ChemChina.

    It is Hanwha Q CELLS’ position that REC’s alleged complaints and the patent are without technical and legal merit. The technology mentioned in REC’s statement only pertains to the arrangement of solar components within a solar module, which is utilized by most module manufacturers in the industry. This patent was registered in August 2020. Hanwha Q CELLS intends to file a PGR (Post Grant Review) to challenge the validity of the concerned patent.

    Hanwha Q CELLS is a technology-oriented company that comprehensively conducts solar technology research, development, production and investment. We have established operations in the U.S., opening a factory and investing in our production bases, contributing to local job creation. As a company contributing to the U.S. photovoltaic industry with an unchallenged leading position in the residential and commercial markets, we are confident that we will succeed in proving the invalidity of REC’s patent in the U.S.

    As an industry-leading solar company, Hanwha Q CELLS strongly supports fair competition in the marketplace and appreciates the importance of intellectual property rights of all participants in the industry.

    Safe-Harbor Statement

    This media statement contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’s operations and business outlook contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Media Contact

    Q CELLS North America
    E-mail: [email protected]

  • Q CELLS seals first industry certification for new Quality Controlled PV program from TÜV Rheinland

    Dec 1, 2020 12:00:00 AM

    • Q CELLS is the first solar module manufacturer in the industry to pass TÜV Rheinland’s new Quality Controlled PV certification, which has been created to set new and unique standards in solar module production, performance and durability.

    [Irvine, United States, December 1, 2020] Q CELLS, a renowned total energy solutions provider in solar, energy storage, downstream project business and energy retail, confirms today that it has become the first solar module manufacturer in the industry to successfully complete and pass a stringent new module testing certification program from TÜV Rheinland.

    The Quality Controlled PV testing standard has been developed by TÜV Rheinland in order to raise the bar in terms of monitoring, testing and recognizing solar module quality. For Q CELLS, Quality Controlled PV will become the company’s official certification standard, beginning with its latest range of Q.PEAK DUO-G9+ solar modules. The Company has adopted the TÜV Rheinland Quality Controlled PV certification in order to strengthen its position as the leading quality provider in the PV industry, backed by a testing scheme that is not only the most extensive and stringent available to date, but is also the only certification in the entire industry to involve independent and random onsite testing from running production, as well as regular material testing.

    Q CELLS was able to become the first solar module manufacturer to pass the new independent Quality Controlled PV testing standard from TÜV Rheinland thanks to its committed efforts to support TÜV Rheinland in developing a new certification process that is beneficial for the entire solar industry.

    Q CELLS invited TÜV Rheinland to work closely with its quality management experts at Europe’s largest solar testing facility, at Q CELLS’ Technology and R&D Headquarters in Thalheim, Germany. The result is an industry-leading approach to comprehensively raising the bar on module quality, performance and durability. This collaborative effort paired the unique experience of Q CELLS’ quality management and R&D staff with TÜV Rheinland’s industry experts, and the result is a completely independent testing and certification program from TÜV Rheinland that is the only program on the market to continuously monitor product quality and durability in mass production.

    A higher bar of testing, unique to the industry

    The three-component Quality Controlled PV certification process introduces a completely new set of uniquely stringent testing standards. Component one is the initial qualification test, which assesses long-term reliability by applying testing durations that are up to three-times longer than standard IEC and UL tests (including 2,000 hours damp heat testing, which is twice that of the IEC/UL, and 600 thermal cycles – three times that of the IEC). Augmenting these extended tests are additional durability tests that cover failure modes not included in standard IEC certification, such as weathering durability of backsheets, and long-term stability of solder bonds. Further testing measures include an extended stress test for mechanical load, PID (potential induced degradation), LeTID (light and elevated temperature induced degradation) and UV resistance of the backsheet.

    Component two of the Quality Controlled PV testing process is what really sets it apart from all previous standards. Here, independent TÜV Rheinland representatives are located onsite at module manufacturing facilities to select samples for testing from the running production. This component ensures that a module manufacturer’s mass production processes are continuously and thoroughly tested, with random sampling at regular intervals conducted by the fully independent TÜV Rheinland personnel.

    The third and final component is the regular monitoring of the materials and suppliers used by manufacturers. Here, TÜV Rheinland experts monitor supplier audits, and material footprint analysis of materials regularly used. Continuous monitoring of these materials during mass production, on both a monthly and a more regular basis, assesses if the structure and composition of the materials used remains of consistently high quality.  TÜV Rheinland and
    Q CELLS are convinced that this material inspection component shall become standardized in the PV industry.

    Having consulted Q CELLS as one from the industry advisory board in creating the new Quality Controlled PV standard, the TÜV Rheinland certification process takes into account recent failure modes in solar, and has thus been designed to set a new standard of quality parameters for the entire industry. Vitally, the Quality Controlled PV program will be dynamic and regularly updated as and when new testing standards are approved – thus ensuring that not only does the program set the bar for quality, it continues to raise it, too.

    Lukas Jakisch, Business Field Manager for PV modules at TÜV Rheinland, said: “TÜV Rheinland has defined a catalogue of tests that establish additional qualities that go beyond the standard level of approval and safety qualification. TÜV Rheinland’s surveillance of a manufacturer’s production process – where we perform tests on samples taken at random every month – seeks to identify a consistent level of oversight, with a special focus on reliability and material properties as well as supplier change control.”

    Dr. Nicole Nelles, Head of Q CELLS Global Quality Management, added: “Q CELLS is very pleased to have become the first solar module manufacturer to receive TÜV Rheinland’s Quality Controlled PV certification of quality. Being the first mover in this program, Q CELLS has worked very closely with TÜV Rheinland to not only set the testing standards ever higher, but also shape completely new testing schemes that reflect the industry’s experience in order to exclude known failure modes. The independent TÜV Rheinland representative’s continuous surveillance, as well as the regular material inspections, turn this program into something unique in the industry.

     “However, Q CELLS will not rest here,” Dr. Nelles added. “We continue to conduct and develop a number of additional test programs in parallel – each designed to deliver and ensure improvements in solar module quality. The aim is to integrate them into the Quality Controlled PV program so that it is continuously evolving with the times. We have set the industry standard, and we want to maintain that standard moving forward.”

    About Q CELLS

    Q CELLS is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., South Korea, Malaysia, and China. Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    About TÜV Rheinland

    TÜV Rheinland stands for safety and quality in virtually all areas of business and life. Founded almost 150 years ago, the company is one of the world’s leading testing service providers with 21,500 employees and annual revenues of 2.1 billion euros. TÜV Rheinland’s highly qualified experts test technical systems and products around the world, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In doing so, the independent experts generate trust in products as well as processes across global value-adding chains and the flow of commodities. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contacts

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Q CELLS wins patent invalidation trials in China

    Nov 16, 2020 12:00:00 AM

  • [Irvine, United States, November 16, 2020] Hanwha Q CELLS (“Q CELLS”), a globally renowned solar technology leader and total energy solutions provider, was once again recognized for its technology, receiving a patent validity judgment in the “patent invalidation trial” for Q CELLS cell technology filed in China by the Chinese solar manufacturer LONGi Solar.

    LONGi Solar filed two invalidity proceedings against Q CELLS in July and August of 2019 in China’s Reexamination and Invalidation Department of the Patent Office, CNIPA, alleging that the company’s patents regarding high-efficiency silicon solar cells were invalid. The Patent Office early in November this year ruled in favor of Q CELLS by upholding the validity of its patents. The Patent Office’s determination reaffirmed that Q CELLS’ intellectual property rights can be protected in China[i], a market where most of the global market’s PERC cell are currently produced.

    Based on the European equivalent of one of the two patents recently upheld by China’s Patent Office (‘971, equivalent European patent EP  2 220 689), Q CELLS has filed a litigation against three companies – JinkoSolar GmbH (“JinkoSolar“), REC Solar EMEA GmbH (“REC”), and LONGi Solar Technologie GmbH (“LONGi Solar”) – in Germany for PERC patent infringements. The Regional Court of Düsseldorf, Germany in June decided that JinkoSolar, REC and LONGi Solar infringed Q CELLS’ patent. Appeal proceedings and parallel invalidation proceedings are pending. The first instance judgement is provisionally enforceable against provision of a security. Q CELLS provided that security and decided to enforce the judgment. Following the court ruling, sales of the infringing products in Germany and imports have been prohibited and recall and destruction obligations have been imposed against the affected products distributed after January 30, 2019.

    “This win is a truly valuable achievement given that Q CELLS' exclusive technology has been recognized not only in the solar power sales markets but also in the production markets,” said Dr. Daniel Jeong, Chief Technology Officer at Q CELLS. “Q CELLS will continue to do its best to protect our intellectual property and continue to drive innovation while promoting sound competition for the solar industry.”

                                                                                                                                 

    [i] One of the technologies that received a patent validity is the front and rear membranes that can increase the efficiency of solar cells. The other technology that received validity is the same technology that Q CELLS filed a lawsuit for against JinkoSolar, LONGi Solar, and REC in Germany, the United States and Australia. This technology increases cell efficiency by stably forming a film composed of a layer of aluminum oxide and a layer of other components including hydrogen on a 180 to 200 micrometers thick solar cell.

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., South Korea, Malaysia, and China. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contact

    Corporate Communications: Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Explore a virtual world of Q CELLS products and services with new digital platform, Q CELLS SMART CITY

    Oct 21, 2020 12:00:00 AM

    • Newly-launched virtual platform, Q CELLS SMART CITY, invites customers to take an online tour of a sleek Q CELLS-themed world to discover the company’s latest products and services and learn more about its solar-powered energy transition.

    [Irvine, USA, October 21, 2020] Q CELLS, a renowned total energy solutions provider in solar, energy storage, downstream project business and energy retail, this week launches its new virtual online marketing platform, Q CELLS SMART CITY (www.qcells-smartcity.com).

    This expansive virtual world invites Q CELLS customers and Q.PARTNERs on a journey of discovery where they can learn about the company’s latest products and services, engage with virtual online exhibitions, and tour a beautifully-rendered solar cityscape. 

    The imposing virtual convention center is the centerpiece of the Q CELLS SMART CITY. It is in this space that guests can digitally engage with a full portfolio of Q CELLS’ solar modules for North America markets such as the United States, including soon-to-be-launched zero-gap module series, the Q.PEAK DUO-G9 Series. During the forthcoming Solar Power International (SPI) virtual exhibition – of which Q CELLS is an exhibitor – the Q CELLS SMART CITY convention center will play host to a stylish virtual booth, showcasing a full suite of solar modules, energy storage solutions, EPC and project development capabilities, and so much more. The convention center will also be adapted in the future to exhibit the portfolios for various Q CELLS markets, including Europe, Australia and Japan, throughout the solar calendar.

    Let’s go outside

    When touring Q CELLS SMART CITY, guests can also choose to visit the towering Q CELLS HQ, a gleaming skyscraper where visitors can learn about the company’s history, ethos and vision. 

    The creation of the Q CELLS SMART CITY complements the company’s journey of transition into becoming a total energy solutions provider. Q CELLS’ entire business scope increasingly caters for a wider audience, and the SMART CITY offers visitors an opportunity to discover in great detail the additional business divisions that Q CELLS has created and nurtured over the past few years.

    By developing and designing a virtual world of Q CELLS’ offerings in the time of COVID-19, the company is once more proactively expanding its services to ensure that it never fails to meet the needs of its global customers.

    Q CELLS CEO, Mr. Hee Cheul (Charles) Kim, said: “Q CELLS SMART CITY will be a milestone for Q CELLS to provide market stakeholders with a greater understanding of solar energy solutions. I believe this platform, which boasts Q CELLS innovations, products and services throughout its entire virtual landscape, will help to provide engaging digital experiences to our customers online – whether on the go or from their home or office. Q CELLS SMART CITY adds to the company’s ever-growing range of innovative solutions towards making the world a cleaner, greener place.”

    About Q CELLS

    Q CELLS is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with diverse international manufacturing facilities in the U.S., South Korea, Malaysia, and China. Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contacts

    Contact:
    Q CELLS North America
    E-mail: [email protected]

  • Q CELLS maintains No.1 market share in U.S. residential and commercial solar sectors

    Sep 28, 2020 12:00:00 AM

  • Latest U.S. PV Leaderboard report by Wood Mackenzie Power & Renewables shows that Q CELLS’ market share in the residential sector rose to 26.4%, which nearly equals the share of the next three competitors combined.

    [Irvine, United States, September 28, 2020] Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, announced today that it has retained top market share in the U.S. residential and commercial solar module markets, underscoring the Company’s consistent leadership in the industry.

    According to the Q3 2020 U.S. PV Leaderboard report by leading energy research and consultancy firm Wood Mackenzie Power & Renewables, Q CELLS captured 26.4% market share in the U.S. residential market for Q2 2020, a 6.4% increase from Q1 2020’s 20% market share. Q CELLS maintained its No.1 position for eight consecutive quarters and its newly recorded market share nearly equaled the share of the next three competitors combined during Q2 2020. The Leaderboard report also ranks Q CELLS as the U.S. commercial market leader with a 13.3% market share.

    Q CELLS’ commitment to new energy solutions with a core focus on quality

    Q CELLS continues to meet customer needs with the company’s wide range of high-quality solar modules. Q CELLS recently signed a strategic partnership with microinverter specialist Enphase to develop AC modules specifically for the U.S. distributed market segments. The Q.PEAK DUO BLK-G6+/AC, features an integrated Enphase IQ7+TM microinverter, while  providing customers with a maximum DC output of 345 Wp and a 25-year product and performance warranty. It also offers long-term reliability with one of the lowest degradation rates in the industry, guaranteeing 85% of its initial performance after 25 years. The module’s all-black aesthetic boosts curb appeal, while the integrated microinverter delivers state-of-the-art monitoring capabilities and rapid shutdown compliance. Because the microinverter is pre-embedded to the module at the production stage, the installation time is much quicker than with typical microinverter-equipped rooftop arrays. The product is assembled in the U.S. at Q CELLS’ manufacturing facility in Georgia, the largest single solar module manufacturing facility in the Western Hemisphere, capable of producing 1.7 GW of solar modules every year.

    It is anticipated that this partnership with Enphase alongside Q CELLS’ pledge of providing U.S.-assembled products will help strengthen Q CELLS’ market leadership in the U.S. residential and commercial sectors.

    Hee Cheul (Charles) Kim, CEO of Q CELLS, said: “Q CELLS’ consistent top market share performance across the distributed generation segment in the dynamic U.S. solar industry is testament to the company’s commitment to innovative energy solutions and acute attention to quality. Q CELLS strives to maintain its momentum in the industry and continue pushing the limits, engineering high-performing solutions for a sustainable planet at a time when they’re needed the most.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contacts

    Contact:
    Q CELLS North America
    E-mail: [email protected]

  • Q CELLS to acquire Geli, expanding its offerings in integrated energy storage solutions

    Aug 6, 2020 12:00:00 AM

    • Q CELLS has signed an agreement to purchase a 100% stake in Geli, a leading energy storage solutions and software provider
    • Combined capabilities provide smart energy solutions to customers
    • Acquisition marks Q CELLS’ expansion into the U.S. solar + storage market beyond existing solutions in Europe and Australia

    [Irvine, United States, August 6, 2020] Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, announced today that it has signed an agreement to acquire a 100% stake in San Francisco-based energy storage solutions company Growing Energy Labs, Inc. (Geli). The transaction is subject to customary closing conditions, including regulatory approvals.

    Geli’s end-to-end software platform streamlines the energy storage development process, offering the industry’s leading solution for design, automation, and management of Battery Energy Storage Systems (BESS). Geli’s products, powered by artificial intelligence, determine the optimal size of the BESS, and maximize the stacked revenue potential for customer deployments. Geli is a pioneer in advancing BESS deployments coupled with solar and EV charging infrastructure and co-optimizing these unique assets with any electricity tariff or load profile. Geli’s products leverage an advanced cloud architecture and Industrial IoT technologies that support scalability and extensibility across multiple geographies, market segments, and hardware solutions.

    Q CELLS has already launched various integrated energy solutions globally, including in Europe and Australia. Q CELLS’ acquisition of Geli is its first of an energy storage solutions company and marks its entrance into the U.S. C&I distributed energy market. Leveraging Geli’s proprietary artificial intelligence technology for designing, automating, and managing energy storage systems, Q CELLS will be able to provide integrated energy solutions through packaged hardware and software capabilities (solar+storage).

    “There is increasing demand in the energy storage space for comprehensive energy solutions. We are excited to welcome the Geli team and work together to strengthen our competitiveness in the global distributed energy market. Q CELLS and Geli’s combined capabilities will allow us to provide smart energy solutions to our customers and together we can unfold the next chapter towards a cleaner tomorrow.” Hee Cheul (Charles) Kim, CEO of Q CELLS said.

    “We are excited to join forces with Q CELLS,” Dan Loflin, CEO of Geli said. “Q CELLS shares our vision of the transformative power of renewables and the Internet of Energy to make the planet a cleaner, better place to live. Combining with Q CELLS will accelerate Geli’s product roadmap and strategy, bringing greater value to all of our customers and partners in all of our markets.”

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contacts

    Q CELLS America, Media

    E-mail: [email protected]

  • Q CELLS and Enphase Energy announce AC module partnership

    Jun 25, 2020 12:00:00 AM

  • [Irvine and Fremont, United States, June 25, 2020] Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, and Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced a strategic partnership to develop Enphase Energized™ Q CELLS AC Modules (ACMs) based on seventh-generation Enphase IQ™ microinverters. The first Enphase and Q CELLS-developed ACMs will be available from major distributors in the U.S. starting July 15th.

    The Q.PEAK DUO BLK-G6+/AC 340-345 ACM features the Enphase IQ 7+™ microinverter and is the first Enphase Energized ACM from Q CELLS to come to market. The Q.PEAK DUO BLK-G6+/AC produces outstanding yields thanks to power classes of up to 345 Wp and efficiencies of up to 19.5%. These performance values are possible through Q CELLS’ unrivalled Q.ANTUM DUO monocrystalline half-cell technology, combined with state-of-the-art circuitry and 6-busbar cell design. The Q.PEAK DUO BLK-G6+/AC also offers long-term reliability with a 25-year product warranty and one of the lowest degradation rates in the industry, which guarantees 85% initial performance in the 25th year. The Q.PEAK DUO BLK-G6+/AC Enphase Energized ACM allows installers to be more competitive through improved capital management, reduced labor costs, improved SKU management with accelerated design, and faster installation times. The Q.PEAK DUO BLK-G6+/AC modules are assembled in the USA at Q CELLS’ manufacturing facility in Dalton, GA.

    “Enphase was the right partner for Q CELLS to develop an AC module for the high-volume residential solar market because both companies are aligned in providing customers with the highest quality and most reliable solar technology,” said Hee Cheul (Charles) Kim, CEO of Q CELLS. “Our shared customers will benefit from faster installations and reduced operating costs enabled by the AC modules, and we look forward to a long and successful collaboration with Enphase.”

    The seventh-generation Enphase IQ microinverter system dramatically simplifies solar installations and provides a complete AC solution that produces no high-voltage DC, providing a safe solar solution for homeowners. Enphase Energized AC modules from CELLS work seamlessly with the full suite of Enphase IQ accessory products: the lighter two-wire Enphase Q Cable™, the Enphase IQ™ Combiner 3 with pre-installed Enphase IQ Envoy™ gateway, as well as the Enphase Encharge™ energy storage system. Solar installers who select the Q.PEAK DUO BLK-G6+/AC can monitor their solar fleets remotely using the powerful cloud-based Enphase Enlighten™ monitoring system, provide their customers the peace-of-mind of a 25-year module warranty, and rely on the Enphase support team to deliver an outstanding customer experience.

    “I have great confidence in the quality and reliability of the products from both Q CELLS and Enphase, so this new ACM is certain to be a rock-solid combination,” said Dewaine Dennis Sr., founder and co-owner at Quantum Solar Designs. “This new Q CELLS AC Module fills an important gap in the mid-market and represents a great way to deliver value to both installers and homeowners. We are excited about offering Q CELLS AC modules to our customers.”

    “Q CELLS is a global PV technology leader known for its high-quality photovoltaic solar cells and modules, and this AC module partnership is yet another validation of the ACM concept and Enphase’s microinverter technology,” said Badri Kothandaraman, CEO of Enphase Energy. “This ACM partnership harnesses the strengths of both companies to offer a high quality, easy-to-use solution for the high-volume residential market.”

    Q CELLS AC Modules based on Enphase IQ™ microinverters meet all necessary regulatory requirements set by individual states and the National Electrical Code (NEC) and are certified compliant with NEC 2014 and 2017 rapid shutdown requirements. Unlike string inverters, Enphase IQ microinverters have rapid shutdown built in, with no additional equipment necessary. Enphase IQ microinverters also comply with requirements for distributed solar on utility networks included in Rule 21 in California and Hawaiian Electric Company Rule 14H, such as power factor, voltage and frequency ride-through requirements.

    About Q CELLS

    Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 27 million microinverters, and over 1.1 million Enphase systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

    Enphase Energy®, the Enphase logo, Enphase Energized, IQ, 7+, Q Cable, Combiner 3, Envoy, Encharge, Enlighten, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Media Contacts

    for Q CELLS: Q CELLS America, [email protected]

    for Enphase: Christian Zdebel, [email protected], 484-788-2384

  • Hanwha Q CELLS files patent infringement complaints in Australia against JinkoSolar and LONGi Solar

    Mar 12, 2019 3:00:00 PM

    • Hanwha Q CELLS files patent infringement complaints with the Federal Court of Australia against JinkoSolar and LONGi Solar, following legal action in the U.S. and Germany

    [SYDNEY, Australia, 13 March, 2019] – Hanwha Q CELLS Australia Pty. Ltd., together with Hanwha Q CELLS & Advanced Materials Corp., a leading photovoltaic manufacturer of high-performance solar cells and modules (collectively, “Hanwha Q CELLS”), today announced that, Hanwha Q CELLS filed patent infringement complaints with the Federal Court of Australia against JinkoSolar and LONGi Solar. This follows an announcement on 5 March, 2019, that Hanwha Q CELLS & Advanced Materials Corp. and Hanwha Q CELLS USA Inc. filed a patent infringement complaint with the U.S. International Trade Commission (“ITC”) and Hanwha Q CELLS & Advanced Materials Corp. filed related patent infringement complaints with the U.S. District Court for the District of Delaware against JinkoSolar, LONGi Solar, and REC Group, and that Hanwha Q CELLS GmbH filed patent infringement complaints with the Regional Court of Düsseldorf against JinkoSolar and REC Group.

    The Federal Court complaints allege that JinkoSolar and LONGi Solar are importing and selling solar cells and modules that infringe Hanwha Q CELLS’s Australian patent rights. In particular, the complaints allege that JinkoSolar and LONGi Solar have incorporated Hanwha Q CELLS’s patented passivation technology—which plays an important role in improving the efficiency and performance of solar cells—into their solar cells. Hanwha Q CELLS began manufacturing Q.ANTUM solar cells using this passivation technology in 2012 and has produced more than 2.5 billion such cells globally. Hanwha Q CELLS seeks an order to stop JinkoSolar and LONGi Solar from importing, marketing, and selling the infringing products in Australia.

    Australia is one of the global leaders in the solar energy sector and Hanwha Q CELLS is fully committed to further strengthening this important industry. Hanwha Q CELLS’s innovative technology improves the efficiency and performance of solar cells, making solar energy more accessible and affordable for Australian consumers and businesses. Hanwha Q CELLS’s presence in Australia goes back to 2009 and it is proud that last year approximately one in 10 panels installed in the country’s residential and commercial segments were made by Hanwha Q CELLS. The legal actions Hanwha Q CELLS is taking will protect its ability to innovate and reinforce its reputation as a leading supplier of high-quality products and a trusted business partner to its customers across Australia.

    “Intellectual property laws exist to incentivize innovation and protect innovations from being unfairly used, and we will vigorously defend our technology from infringement,” said Hee Cheul (Charles) Kim, Chief Executive Officer of Hanwha Q CELLS & Advanced Materials Corp. “Our high-quality photovoltaic products have established us as an industry leader, and we are proud of our legacy of innovation. The products supplied by these two companies are using technology that we believe is protected by our Australian patent and we have taken these actions both to protect our property rights and to give the market confidence that research and development initiatives to develop future technologies can continue. We are not prepared to tolerate the unauthorised distribution in Australia of products that incorporate our patented technology.”

    The patent claims asserted by Hanwha Q CELLS are not restricted to any particular method of manufacture, such as atomic layer deposition (ALD) or plasma-enhanced chemical deposition (PECVD). Instead, the asserted claims of Australian patent no. 2008323025 (and its equivalents in the U.S. and Germany) are directed to a solar cell structure with a first dielectric layer including aluminum oxide and a second dielectric layer that contains hydrogen. The patented technology can be applied in many ways. A solar cell employing what is known as Passivated Emitter Rear Cell (PERC) technology is only one type of solar cells that may use technology covered by Australian patent no. 2008323025 and its global equivalents.

    For additional information on this matter, please visit www.q-cellsip.com

    The press releases about the related patent infringement complaints in the United States and Germany can be accessed here:

    - Hanwha Q CELLS Files Patent Infringement Complaint with U.S. International Trade Commission Against JinkoSolar, LONGi Solar, and REC Group, March 5, 2019

    - Hanwha Q CELLS GmbH files patent infringement complaint with the Regional Court of Düsseldorf in Germany against JinkoSolar and REC Group, March 5, 2019

    About Hanwha Q CELLS Australia Pty. Ltd.

    Hanwha Q CELLS Australia Pty. Ltd. is located in Sydney, Australia and provides high quality photovoltaic modules and solutions to the Australian market. It is a subsidiary of Hanwha Q CELLS Co., Ltd., one of the world’s largest and most recognized photovoltaic manufacturers, known for its high-performance, high-quality solar cells and modules. Hanwha Q CELLS Australia Pty. Ltd. has been present in Australia since 2009 and in 2019 was awarded the title of Australia’s Top Brand PV by internationally recognized research institute EuPD for the fourth consecutive year. For more information, please visit www.q-cells.com/au

    About Hanwha Q CELLS & Advanced Materials Corp.

    with business operations in South Korea and manufacturing facilities in the United States (Hanwha Q CELLS USA Inc.) and South Korea. Hanwha Q CELLS & Advanced Materials Corp. offers a full spectrum of photovoltaic products, applications, and solutions, from cells and modules to kits, and large-scale solar power plants. Hanwha Q CELLS & Advanced Materials Corp. provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental, and residential markets.

    About Hanwha Q CELLS USA Inc.

    Hanwha Q CELLS USA Inc. is located in Dalton, Georgia, and is a solar module manufacturing facility. It is a subsidiary of Hanwha Q CELLS & Advanced Materials Corp., one of the world’s largest and most recognized photovoltaic manufacturers.

    About Hanwha Q CELLS GmbH

    Hanwha Q CELLS GmbH is the German subsidiary of Hanwha Q CELLS Co., Ltd. Hanwha Q CELLS GmbH is responsible for the R&D, sale, and installation of a full spectrum of solar components—from modules and kits to systems and large-scale solar power plants—across all European markets, as well as Latin America, the Middle East, and North Africa. Hanwha Q CELLS GmbH’s parent company, Hanwha Q CELLS Co., Ltd., has diverse international manufacturing facilities in Malaysia and China.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’s operations and business outlook contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact

    For media inquiries, please contact [email protected].

  • Hanwha Q CELLS Files Patent Infringement Complaint with U.S. International Trade Commission Against JinkoSolar, LONGi Solar, and REC Group

    Mar 5, 2019 3:00:00 PM

  • DALTON, Georgia, March 5, 2019 – Hanwha Q CELLS & Advanced Materials Corp. and Hanwha Q CELLS USA Inc. (collectively, “Hanwha Q CELLS”), global leading photovoltaic manufacturers of high-performance solar cells and modules, announced that they have filed a patent infringement complaint with the U.S. International Trade Commission (“ITC”) against JinkoSolar, LONGi Solar, and REC Group. Hanwha Q CELLS & Advanced Materials Corp. also filed related patent infringement complaints with the U.S. District Court for the District of Delaware against the same companies. In Germany, Hanwha Q CELLS GmbH announced the filing of patent infringement complaints with the Regional Court of Düsseldorf against JinkoSolar and REC Group.

    The ITC complaint alleges that JinkoSolar, LONGi Solar, and REC Group are unlawfully importing and selling solar cells and modules that infringe Hanwha Q CELLS’s patented passivation technology. The complaint alleges that JinkoSolar, LONGi Solar, and REC Group have unlawfully incorporated this patented passivation technology—which plays an important role in improving the efficiency and performance of solar cells—into their solar cells. Hanwha Q CELLS began manufacturing Q.ANTUM solar cells using this passivation technology in 2012 and has produced more than 2.5 billion such cells globally. Hanwha Q CELLS seeks an immediate investigation by the ITC, an exclusion order to halt the importation of infringing products, and a permanent cease and desist order to stop the respondents from importing, marketing, and selling those products in the U.S. Hanwha Q CELLS & Advanced Materials Corp. is also filing a claim in the District Court to seek damages and injunctive relief.

    “Intellectual property laws exist to incentivize innovation and protect inventions from being unfairly used, and we will vigorously defend our technology from infringement,” said Hee Cheul (Charles) Kim, Chief Executive Officer of Hanwha Q CELLS & Advanced Materials Corp. “Our high-quality photovoltaic products have established us as an industry leader, and we are proud of our legacy of innovation. We have taken these actions both to protect our property rights and to give the market confidence that research and development initiatives to develop future technologies can continue.”

    “The passivation technology at issue in these legal actions is critical to Hanwha Q CELLS’s plans for the future. Our high-efficiency modules rely on this patented technology and set us apart from competitors. We have built a new 1.7-gigawatt facility in Dalton, Georgia, dedicated to assembling Hanwha Q CELLS’s modules for sale in the United States, and we look forward to a long relationship with the Dalton community. This is the largest factory of its kind in the western hemisphere and reflects our commitment to the United States and the important markets here. We believe that the legal actions we have taken in the United States and Germany will effectively protect our ability to innovate and reinforce our reputation as a leading supplier of high-quality products and a trusted business partner to our customers.”

    For additional information on this matter, please visit www.q-cellsip.com.

    About Hanwha Q CELLS & Advanced Materials Corp.

    Hanwha Q CELLS & Advanced Materials Corp. is a photovoltaic manufacturer with business operations in South Korea and manufacturing facilities in the United States (Hanwha Q CELLS USA Inc.) and South Korea. Hanwha Q CELLS & Advanced Materials Corp. offers a full spectrum of photovoltaic products, applications, and solutions, from cells and modules to kits, and large-scale solar power plants. Hanwha Q CELLS & Advanced Materials Corp. provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental, and residential markets

    About Hanwha Q CELLS USA Inc.

    Hanwha Q CELLS USA Inc. is located in Dalton, Georgia, and is a solar module manufacturing facility. It is a subsidiary of Hanwha Q CELLS & Advanced Materials Corp., one of the world’s largest and most recognized photovoltaic manufacturers.

    About Hanwha Q CELLS GmbH

    Hanwha Q CELLS GmbH is the German subsidiary of Hanwha Q CELLS Co., Ltd. Hanwha Q CELLS GmbH is responsible for the R&D, sale, and installation of a full spectrum of solar components—from modules and kits to systems and large-scale solar power plants—across all European markets, as well as Latin America, the Middle East, and North Africa. Hanwha Q CELLS GmbH’s parent company, Hanwha Q CELLS Co., Ltd., has diverse international manufacturing facilities in Malaysia and China.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’s operations and business outlook contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact

    Kevin Bailey

    [email protected]

    +1 (202) 459-9140

  • Q CELLS Completes Construction of Georgia Solar Module Manufacturing Facility and Executes First Delivery

    Feb 27, 2019 3:00:00 PM

    • The first delivery of Q.PEAK DUO L-G5 modules was recently executed after the factory commenced production on Feb. 1
    • Q CELLS aims to maintain its leading market position in the U.S. by delivering high-quality solar modules assembled in America
    • The facility is the largest of its kind in the Western Hemisphere with an annual module production capacity of 1.7 gigawatts
    • CEO of Hanwha Q CELLS & Advanced Materials Corporation, Mr. Hee Cheul (Charles) Kim, remarked, “This announcement signifies our dedication to the U.S. market and the fulfillment of our promise to provide high-quality solar modules assembled in America, while leaving a positive impact on the economy of Georgia.”

    [Dalton, Georgia, February 28, 2019] Hanwha Q CELLS USA, Inc. (“Georgia Factory”), a subsidiary of Hanwha Q CELLS & Advanced Materials Corp. (“Q CELLS” or “the Company”), announced the completion of its Dalton, Georgia manufacturing facility. The facility is the largest of its kind in the Western Hemisphere with an annual module production capacity of 1.7 gigawatts. The first delivery of Q.PEAK DUO L-G5 modules was recently executed after the Georgia Factory commenced production on Feb. 1. A formal grand-opening ceremony will commence at a later date.

    The new facility will supply high-performance and high-quality photovoltaic modules to serve customers and consumers in the United States. Products from the Georgia Factory will be powered by Q CELLS’ proprietary Q.ANTUM Technology. Q.ANTUM is a solar cell technology that offers various benefits, such as high module performance output and long-term reliability, thanks to excellent Anti-PID (potential induced degradation), Anti-LID (light induced degradation), and Anti-LeTID (light and elevated temperature induced degradation) performance. The Company, together with Hanwha Q CELLS Co., Ltd., another affiliate of Hanwha Group, now maintains manufacturing facilities in the U.S., South Korea, Malaysia, and China.

    CEO of Hanwha Q CELLS & Advanced Materials Corporation, Mr. Hee Cheul (Charles) Kim, remarked, “This announcement signifies our dedication to the U.S. market and the fulfillment of our promise to provide high-quality solar modules assembled in America, while leaving a positive impact on the economy of Georgia.”

    About Hanwha Q CELLS
    Hanwha Q CELLS Co., Ltd. and Hanwha Q CELLS & Advanced Materials Corporation (collectively, “Hanwha Q CELLS”) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S, Malaysia, China, and South Korea. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Hanwha Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit:
    http://www.q-cells.com.

    Safe-Harbor Statement
    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Hanwha Q CELLS America Inc.
    Marketing/Communications
    Katie Kim
    E-mail: [email protected]

  • Q CELLS Japan to launch new solar self-consumption solutions at Smart Grid Expo in Tokyo

    Feb 24, 2019 3:00:00 PM

    • The leading manufacturer of solar modules in Japan will unveil a suite of new products and services designed for the evolving Japanese residential and C&I markets
    • Among them will be new solar energy solutions that will help homeowners increase their self-consumption of PV
    • Q CELLS Japan will also showcase its new Q.HOME ZERO energy service as part of its in-booth presentation program
    • Junichi Katayama, Marketing Head at Q CELLS Japan, said: “This is the first year that Q CELLS Japan has exhibited in the Smart Grid Expo rather than the PV Expo, because we believe that as a company it is important to transition towards becoming a full service provider of energy in order to better reflect the changing demands of the Japanese market.”

    [Tokyo, Japan, February 25, 2019] Hanwha Q CELLS Japan ("Q CELLS Japan" or “the Company”), the Japanese affiliate of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co. Ltd., will unveil a suite of new solar energy solutions designed to meet the evolving needs of the Japanese residential and commercial and industrial (C&I) markets at the Smart Grid Expo held at Tokyo Big Sight in Tokyo, Japan, between February 27 and March 1.

    The ethos of Q CELLS Japan’s updated range of products is driven by the maturation of the residential solar sector, which has begun its transition towards a post-FIT (Feed-in Tariff) landscape where consuming, rather than selling solar energy will play a larger role.

    A changing energy sector needs new energy solutions

    FIT payments used to be the main driving force for Japan’s small-scale solar energy sector. However, Japan’s solar market has undergone significant changes in recent months as the government has ended the sequential increase of the FIT. Allied with increasing homeowner desire to ‘disaster-proof’ their power supply, solutions designed to meet the demands of the Japanese electricity sector have begun to emerge.

    Japan’s government remains determined to make renewable energy a major energy source, and the market itself is now moving towards independence from FIT with increasing growth in self-consumption and even the selling of subsidy-free electricity at large scale. At the forthcoming Smart Grid and PV Expo in Tokyo, Q CELLS Japan will showcase its unique energy solutions that have been designed to help homeowners join this post-FIT solar energy landscape.

    Visitors to the Q CELLS Japan booth (Venue 29 – 52, East Hall 4) at the Smart Grid Expo can learn more about the range of new products and services on display thanks to a full program of in-booth presentations that will be held over the course of the three-day expo. This includes a presentation on PV and storage market insights from Germany, which has long pioneered new trends and technologies in green energy.

    There will also be a short presentation revealing the forthcoming Q.HOME ZERO service from Q CELLS Japan, which is a solar energy solution that makes it easier for homeowners to self-consume their energy by removing the upfront costs of a solar system.

    Also at the Q CELLS Japan booth will be a range of new products specifically designed for the Japanese market. These include five new inverter products and a range of new storage solutions, which include batter systems both branded by Q CELLS Japan and non-branded. Additionally, the Q CELLS Japan booth will also exhibit four of the latest Q CELLS solar modules available for Japan’s residential and industrial sectors.

    Junichi Katayama, Marketing Head at Q CELLS Japan, said: “We are very excited to launch this new suite of services and products at the Smart Grid Expo in Tokyo. This is the first year that Q CELLS Japan has exhibited in the Smart Grid Expo rather than the PV Expo, because we believe that as a company it is important to transition towards becoming a full service provider of energy in order to better reflect the changing demands of the Japanese market.”

    About Hanwha Q CELLS Japan

    Hanwha Q CELLS Japan Co., Ltd was established in 1984 as Japanese subsidiary of a South Korea’s leading enterprise, Hanwha Group and commemorated 30th anniversary in February 2014. Hanwha Q CELLS Japan conducts exportation, importation in Asia and sales in Japanese market for various key industries such as solar energy (photovoltaic module importation and IPP), chemicals, iron, steel, mechatronics, manufacturing facilities, automotive components and IT products. In 2017, Hanwha Q CELLS Japan became the leading PV module supplier in Japan based on shipment volume, reached 3.4 GW of total shipment volume and 30,000 installations on residential roofs, ever since the company entered PV business in 2011. For more information, visit: http://www.q-cells.jp/

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Q CELLS Q.PARTNER program goes from strength-to-strength as network exceeds 1,000

    Feb 21, 2019 3:00:00 PM

    • More than 1,000 Q.PARTNERS are now working with Q CELLS across the EU
    • Q.PARTNER program is a long-standing collaboration between Q CELLS and a variety of solar professionals, delivering mutual benefits
    • Training session roadshow held in January across Germany helped to further strengthen relationships with Q.PARTNERS
    • Q CELLS’ Head of EU Marketing, Sinah Sartori, said: “The development of the Q.PARTNER program is extremely encouraging, as the program serves as an essential pillar in strengthening our customer relationships. As our product and services portfolio evolves, it is vital to inform our 1,000+ Q.PARTNERS about the opportunities available to them. This is why our training session roadshow was so meaningful.”

    [Berlin, Germany, February 22, 2019] Hanwha Q CELLS GmbH ("Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world,

    Hanwha Q CELLS Co., Ltd., can today confirm that the Company began 2019 with more than 1,000 Q.PARTNERS in its ever-expanding EU network of trusted solar installers and distributors.

    Devised as a means to ensure that solar professionals working with Q CELLS receive all the necessary marketing, branding and sales support, the Q.PARTNER program has become a beacon of what it means to work with Q CELLS across the European Union (EU).

    Member numbers in the Q.PARTNER network now exceed 1,000, with a significant number of Q.PARTNERS operating in most of the leading solar markets of Europe. The number of registered partners is expected to continue growing in 2019 as Q CELLS seeks to build upon the strong foundations the Company has established throughout Europe over the past couple of years.

    Growing EU market and evolving Q CELLS portfolio create further opportunities

    As a leading solar module, systems and storage supplier, Q CELLS must constantly strike a balance between expansion and responsibility, not least in ensuring that the Company’s growing network of Q.PARTNERS receives the necessary support. The network helps ensure that the end customer is accurately introduced to Q CELLS’ product portfolio, and that the installer is equipped with the right amount of insight, product knowledge and supportive marketing material to ensure they are able to offer precise and comprehensive advice.

    Given Q CELLS’ growing market share across Europe (the Company has been confirmed by EuPD Research as having the largest solar market share in Germany in 2018, for example), as well as Q CELLS’ broadening product and service portfolio for 2019, Q CELLS conducted a training session roadshow in mid-January to help explain the Company’s smart energy solutions, which in Germany will include the Q.HOME Cloud and Q.ENERGY in 2019. These additions to the Company’s portfolio see Q CELLS move into the next generation of energy solutions by becoming a fully integrated provider of clean energy, offering customers the chance to become 100% fully autonomous consumers of their electricity.

    More than 170 Q.PARTNERS attended the training sessions held in Münster, Soltau, Thalheim, Pforzheim and Augsburg, where demonstrations of Q CELLS’ Q.HOME+ ESS storage solutions were also given. Due to the high interest, further Q CELLS roadshows are planned over the course of the first half of 2019, resuming in Germany in March.

    Q CELLS’ Head of EU Marketing, Sinah Sartori, said: “The development of the Q.PARTNER program is extremely encouraging, as the program serves as an essential pillar in strengthening our customer relationships. As our product and services portfolio evolves, it is vital to inform our 1,000+ Q.PARTNERS about the opportunities available to them. This is why our training session roadshow was so meaningful.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the Company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship Company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Q CELLS showcased new C&I storage solutions at BePositive trade show in France

    Feb 20, 2019 3:00:00 PM

    • Q CELLS, in cooperation with TESVOLT, will address the increasing demand for containerized stationary storage systems and storage solutions for commercial applications in France
    • Q CELLS exhibited a new storage solution for commercial and industrial applications at the recent BePositive energy trade fair, alongside the company’s solar module and storage portfolio as well as its in-house Q.FLAT mounting system
    • Maeng Yoon Kim, Head of EU Sales at Q CELLS, said: “The BePositive event was yet another fantastic opportunity to assess the French solar market, which has received immense government support in recent years. Q CELLS expects further strong growth in France as the market matures and storage solutions become increasingly popular.”

    [Berlin, Germany, February 21, 2019] Hanwha Q CELLS GmbH ("Q CELLS" or “the Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd., has entered into a pilot phase cooperation with German storage experts TESVOLT that will see the two companies collaborate on providing containerized stationary storage systems and storage solutions for commercial applications in the French and Swiss markets.

    Q CELLS’ growing portfolio of solar and storage products includes the Q.HOME+ ESS HYB-G2 scalable energy storage system, which was piloted in Germany last year. This modular battery system can be scaled up to a maximum of 20 kWh capacity, at increments of 4 kWh.

    During this pilot phase cooperation, Q CELLS will market TESVOLT’s high performance products – such as its containerized stationary storage solutions designed for commercial and industrial (C&I) customers – alongside Q CELLS’ complete portfolio of solar and storage products via a single Q CELLS sales contact.

    This technical alliance has been introduced into France and Switzerland to help support these markets’ growing demand for energy independence and self-consumption of solar energy, and to help enable more and more installers to meet the requirements of France’s ZNI tenders for non-interconnected zones. Q CELLS’ partnership offer with TESVOLT includes the installation, monitoring, service and support of these storage systems.

    Q CELLS showcases storage and broad solar solutions portfolio at trade fair

    Held between February 13-15 in Lyon, France, the BePositive expo showcased France’s dynamic and changing energy sector – which sees renewables, and particularly solar, increasingly brought to the fore.

    Q CELLS, as one of the leading players in the French solar market, was one of the 519 exhibitors at the BePositive trade fair, and showcased not only its Q.HOME+ ESS HYB-G2 storage solution and its collaboration with TESVOLT, but also its complete portfolio of solar modules available in the French market (including the award-winning Q.PEAK DUO-G6 half-cut cell module) as well as the Q.FLAT mounting system for C&I rooftop installations.

    Q CELLS’ Head of Sales France, Stephan Maurel, said: “TESVOLT has rapidly established itself as one of the most innovative storage providers in the C&I and small utility-scale space in Europe, so we are delighted to have partnered with them on this storage alliance in France and Switzerland.”

    “We are very happy that Q CELLS has chosen TESVOLT as partner to complete its high-performance storage solutions to the commercial and containerized stationary storage segment,” said Michael Geib, VP Sales of TESVOLT. “Q CELLS has an outstanding position as technology and market leader in the French market and as such we see in Q CELLS the ideal partner to push our market presence in France.”

    Maeng Yoon Kim, Head of EU Sales at Q CELLS, added: “The BePositive event was yet another fantastic opportunity to assess the French solar market, which has received immense government support in recent years. Q CELLS expects further strong growth in France as the market matures and storage solutions become increasingly popular.”

    “The BePositive trade fair was a great opportunity to explain and demonstrate this intelligent storage concept to the French market, as well as to showcase Q CELLS’ broadening solar portfolio, which includes market-leading solar modules and innovative mounting systems that have been designed to lower LCOE significantly,” Stephan Maurel concluded.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    About TESVOLT

    Tesvolt specialises in commercial battery storage systems. The innovative company from Lutherstadt Wittenberg produces storage systems with state-of-the-art prismatic lithium battery cells from Samsung SDI, based on nickel manganese cobalt oxide. Tesvolt storage systems function just as well at low voltage as at high voltage, and can be connected to all energy producers: sun, wind, water, biogas and combined heat and power – on-grid and off-grid. All storage systems are produced at Tesvolt’s manufacturing facility in Germany. In 2018, Tesvolt was awarded the German Entrepreneur Award. In the same year, Tesvolt received the "The smarter E award" in the "Outstanding projects" category for the off-grid power supply of an avocado farm in southwestern Australia.

    http://www.tesvolt.com/en

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Q CELLS awarded ‘Top Brand PV’ seal by EuPD Research for sixth year running

    Jan 30, 2019 3:00:00 PM

    • Award marks sixth year in a row that Q CELLS has been recognized as a top PV brand in Europe, and fourth year in a row in Australia
    • Seal is awarded based on the recommendations of participating installers, and reasserts the Company’s exceptional product quality, service, and reputation
    • Hanwha Q CELLS Co., Ltd. CEO Mr. Hee Cheul (Charles) Kim said: “It is encouraging to once again receive this distinguished accolade, especially at a time when European and Australian solar installers are demanding even greater quality and service. We are pleased to be able to consistently meet and surpass their expectations.”

    [Berlin, Germany, January 31, 2019] Hanwha Q CELLS GmbH ("Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. has been awarded the “Top Brand PV” seal by internationally recognized research institute EuPD Research. The award marks the sixth year in a row that Q CELLS has been recognized as one of the leading solar brands in Europe, and the fourth year in a row in Australia.

    EuPD Research awards the Top Brand PV seals based on its Global PV InstallerMonitor survey, which compiles the opinions of participating solar installers from leading solar markets. Q CELLS received the Top Brand PV 2019 status in the European countries of Germany, Switzerland, Austria, Italy, France, the Netherlands, the UK, and Belgium. Therefore, Q CELLS was rated as a brand that delivers exceptional products and service quality throughout the major dynamic solar markets of Europe. Beyond Europe, Australian installers continue to be recognized as the Company’s brand strength and enduring appeal.

    Six-in-a-row achievement serves as a reminder of Q CELLS’ commitment to quality

    In securing its sixth EuPD Research Top Brand PV seal, Q CELLS further cements its reputation as one of the most trusted and respected solar companies in Europe. The EuPD Research Global PV InstallerMonitor surveys more than 100 installers in each nation (75 in Belgium) and is widely renowned to be an accurate and independent method of gauging which solar companies consistently earn the trust of installers operating in these competitive markets.

    Such feedback – derived from the very companies at the heart of the solar industry – is vital for end-users because it places emphasis not only on brand strength, but also on brand reputation and products’ quality. By receiving the Top Brand PV seal for six consecutive years, Q CELLS has demonstrated a level of consistency in quality and service that is largely unmatched in the industry.

    The accolade follows on the heels of EuPD Research data confirming that Q CELLS was the leading solar module supplier in Germany in 2018, which remains to be the Europe’s largest solar market.

    Mark A. W. Hoehner, CEO at EuPD Research, said: “There are only a few companies that have been able to consistently reach ’Top Brand PV’ status over the last few years. For almost ten years we have identified those top brands to enable installers and end customers to differentiate the most sustainable and reliable partners from others, and criteria like this are key purchasing decision drivers in Europe.”

    Mr. Hee Cheul (Charles) Kim, CEO of Hanwha Q CELLS Co., Ltd., added: “It is encouraging to once again receive this distinguished accolade, especially at a time when European and Australian solar installers are demanding even greater quality and service. We are pleased to be able to consistently meet and surpass their expectations. We are already a market leader in many important European markets, and this further recognition from EuPD Research will no doubt spur Q CELLS to continue its drive to increase its market share across the continent.”

    Latest award adds to Q CELLS’ growing roll-call of accolades

    The Top Brand PV 2019 seal joins a growing list of accolades and awards bestowed upon Q CELLS in the past 12 months. This roll-call of achievement serves to yet again underline the Company’s commitment to producing high quality products, cutting-edge technology, and exceptional service.

    - Hanwha Q CELLS Co., Ltd. ranked as “Top Performer 2018” in the latest DNV GL PV Module Reliability scorecard published in May last year.

    - Q CELLS’ Q.PEAK DUO-G5 half-cut cell module won the Intersolar Award 2018 in the category of Photovoltaics in Munich last June.

    - The innovative Q.FLAT-G5 roof mounting system won the Solar+Power Award for best BOS Innovation in September last year.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, China, and South Korea. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Hanwha Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.q-cells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Hanwha Q CELLS modules secure another low-carbon certificate for French solar tenders

    Jan 20, 2019 3:00:00 PM

    • Carbon footprint of 300 kg-eq/C0²/kWc achieved for Q.PEAK and Q.PEAK DUO module series
    • France’s ambitious solar goals driven by the CRE bidding market, which promotes the use of modules with a low carbon footprint
    • Hanwha Q CELLS’ Head of EU Sales, Maengyoon Kim said: “We are encouraged that the efforts of the French government to lower its carbon footprint align perfectly with our own as a company.”

    [Berlin, Germany, January 21, 2019] Hanwha Q CELLS GmbH ("Hanwha Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), has received a carbon footprint (CFP) certification of 300 kg-eq/CO²/kWc in France for its high-efficiency Q.PEAK  and Q.PEAK DUO module series.

    The current certifications mean that Hanwha Q CELLS’s high-efficiency Q.PEAK and Q.PEAK DUO modules continue to meet the stringent low-carbon demands of the French government.

    Low-carbon tenders present major opportunity for France

    With the latest issue of the PPE (Multi-Annual Energy Program), France’s solar power sector has been set ambitious annual growth targets of up to 44.5 GWp by 2028. Currently, solar capacity in France is just under 9 GW.

    In achieving another low carbon footprint result for its Q.PEAK and Q.PEAK DUO modules, Hanwha Q CELLS further strengthens its market position in France, said Hanwha Q CELLS’ Head of EU Sales, Maengyoon Kim. “The entire value chain of Hanwha Q CELLS is committed to clean energy and low-carbon values, which is why we are pleased to be once again recognized in France for our commitment to lowering our carbon footprint. As a global leader in solar cell and module technology, we pride ourselves in setting the best example, and continue to appreciate France’s vision and leadership in this regard, too.”

    Stephan Maurel and Laurent Bodin, Head of Sales France, added: “Hanwha Q CELLS has long seen the excellent opportunity for France to shift more and more of its energy supply to renewables, solar in particular. By doing so in the most eco-friendly way possible, we believe that France can become a role model for other European nations to follow.”

    Hanwha Q CELLS’ Head of EU Sales, Maengyoon Kim added: “We are encouraged that the efforts of the French government to lower its carbon footprint align perfectly with our own as a company.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Hanwha Q CELLS achieves No.1 market share in German solar module market in 2018

    Jan 14, 2019 3:00:00 PM

    • Installer data from EuPD Research shows Hanwha Q CELLS captured the largest share of solar module market in Germany last year
    • Leadership position attained by focusing on high efficiency modules with residential and commercial solutions
    • Growth of Q.PARTNER sales network helped boost sales, while brand awareness increased through sponsorship of German Bundesliga football club RB Leipzig
    • Wood Mackenzie data further indicates Hanwha Q CELLS’ market leadership in U.S. residential solar market in third quarter of 2018
    • Hanwha Q CELLS’ CEO Mr. Hee Cheul (Charles) Kim remarked: “Based on superior technology leadership and quality competitiveness, we will continue to accelerate Hanwha Q CELLS’ market penetration not just in Germany, but the whole of Europe.”

    [Thalheim (Bitterfeld-Wolfen), Germany, January 15, 2019] Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, today announced that it achieved top market share in Germany’s solar module market in 2018. According to the survey titled Global PV InstallerMonitor 2018/2019 by EuPD Research, Hanwha Q CELLS cornered a larger share of module sales than any other company in Germany last year.

    This performance is the result of steadily targeted premium solar market in Germany, which has firmly embraced high-efficiency solar modules, and focusing on a customer-oriented product portfolio.

    Influence of solar energy is growing as German transition accelerates

    According to the International Energy Agency (IEA), Germany’s electricity production from solar energy accounted for 6.1% of the total electricity generation in 2017, while electricity production from renewable sources reached 33.6%. In 2018, renewables overtook coal to become Germany’s main energy source, supplying just over 40% of electricity production according to research from Fraunhofer. A growing trend helping to drive Germany’s energy transition (the Energiewende, which is targeting 65% renewable energy share by 2030) is rising demand for high-efficiency products - especially in the residential and commercial solar energy market.

    Equally, the market for self-consumption, rather than actual electricity consumption, is expanding, because solar energy is more economical than coal or gas power generation. Hanwha Q CELLS has strengthened its market dominance based on high-efficiency premium solar modules and solutions that boast excellent product performance and meet the high quality demands of the German solar market.

    An appetite for high efficiency, quality and customer care

    For many years, Hanwha Q CELLS has supplied high efficiency premium solar modules based on the Company’s proprietary Q.ANTUM technology, which improves the power output and long-term stability of its solar products while meeting the stringent purchasing standards of typical German consumers. Though based on passivated emitter rear-side cell (PERC) technology, Q.ANTUM technology offers a number of additional benefits that differentiate the technology from conventional PERC products, ensuring high module performance output and long-term reliability thanks to excellent anti-PID (potential induced degradation), anti-LID (light induced degradation) and anti-LeTID (light and elevated temperature induced degradation) performance.

    Across many parts of Europe but particularly in Germany, Hanwha Q CELLS has also successfully introduced the Q.HOME: a total energy solution for the residential market that combines all of the necessary energy management functions for the household, including energy storage. In the commercial and industrial (C&I) space, Hanwha Q CELLS’ Q.FLAT is a solution that helps to reduce installation time and cost, thus providing a convenient and cost-effective solution to C&I and some residential customers.

    In addition to Hanwha Q CELLS’ technical prowess, the expansion of the Company’s sales network via its Q.PARTNER program has also played a key role in serving the German solar market. The Q.PARTNER program provides various collaborative services such as on/offline education for solar installers, and offers insightful marketing materials to partner companies. In Germany alone, 640 partner companies have joined the program to be able to collaborate closely with Hanwha Q CELLS and respond to customer’s needs immediately. Currently, more than 80% of the Company’s European residential and commercial market sales are made through the Q.PARTNER program, and as the European residential and commercial markets are expected to grow steadily, Q.PARTNER is expected to become more important in targeting Europe’s premium markets.

    Hanwha Q CELLS has also become a familiar brand to European consumers through visible sports marketing. In September of last year, Hanwha Q CELLS signed a partnership extension agreement with RB Leipzig, a leading football club in Germany’s Bundesliga. Under this agreement, Hanwha Q CELLS maintained its existing rights such as advertising on cam carpets next to the goals, on the LED hoardings around the pitch and exclusively on the team benches. Moreover, the Company has secured additional rights to promote its Q CELLS brand on the famous EA Sports video game franchise FIFA (FIFA 19 version) whenever RB Leipzig home matches are played.

    Hanwha Q CELLS’ CEO Mr. Hee Cheul (Charles) Kim remarked: “Securing top market share in Germany, which is the main market in Europe, once again proves Hanwha Q CELLS’ strong brand power. Based on superior technology leadership and quality competitiveness, we will continue to accelerate Hanwha Q CELLS’ market penetration not just in Germany, but the whole of Europe.”

    Meanwhile, according to the U.S. PV Leaderboard report released by global energy consulting firm Wood Mackenzie Power & Renewables in December 2018, Hanwha Q CELLS achieved the top market share in the U.S. residential solar market in the third quarter of 2018.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the Company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Hanwha Q CELLS’ product portfolio delivers market-leading anti-LeTID performance in Fraunhofer CSP test

    Dec 5, 2018 3:00:00 PM

    • Both half-cell monocrystalline Q.PEAK DUO modules and multicrystalline Q.PLUS modules demonstrate market-leading anti-LeTID performances
    • Fraunhofer CSP independently tested two batches of nine different types of modules for in high-temperature conditions of up to 75°C
    • Hanwha Q CELLS Co., Ltd. CTO Daniel Jeong remarked: “The performance of our Q.PEAK DUO and Q.PLUS modules demonstrates Hanwha Q CELLS’ continued commitment to tackling the toughest challenges in the industry and highlights the importance of focusing our R&D efforts in areas where we can deliver the most added value to our customers.”
    [Berlin, Germany, December 6, 2018]

    Hanwha Q CELLS (collectively referring to Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) as well as Hanwha Q CELLS & Advanced Materials Corporation) (or the “Company”), one of the largest solar cell and module manufacturers in the world, today confirmed that its leading range of solar modules have delivered exceptional performance in a recent test conducted by Fraunhofer Center for Silicon Photovoltaics (CSP) to benchmark light and elevated temperature induced degradation (LeTID) in solar cells.

    Hanwha Q CELLS’ modules were tested by Germany’s Fraunhofer CSP and found to display negligible power loss during high-temperature testing conditions of up to 75°C. Both Hanwha Q CELLS’ half-cell monocrystalline Q.PEAK DUO modules and multicrystalline Q.PLUS modules exhibited market-leading anti-LeTID performances among the nine module types tested (comprising seven mono-Si and two multicrystalline silicon modules), including modules produced by various leading solar brands. The final test batch included two modules from each category, resulting in 18 different measurements.

    The results of this test were presented at the EU PVSEC conference in September titled: Benchmarking Light and Elevated Temperature Induced Degradation (LETID).

    Hanwha Q CELLS: anti-LeTID pioneer and market leader

    The effects of light induced degradation (LID) on PERC (passivated emitter rear cells) solar technology are well-known in the PV industry, and are tested for during standard IEC certification of solar cells. However, LeTID – which is a degradation effect identified on both monocrystalline silicon (Cz-Si) and multicrystalline silicon (mc-Si) cells at temperatures above 50°C – can account for cell degradation of up to 10%, but is less understood across the industry.

    Hanwha Q CELLS was the first solar cell developer in the industry to link the degradation of PERC cells to high temperatures and was thus the first company to devise a solution to suppress LeTID in 2015, using its Q.ANTUM cell technology that suppresses LID as well as LeTID. While the exact root cause of LeTID is still a topic of much debate among photovoltaic researchers, Hanwha Q CELLS’ Yield Security pledge guarantees that the Company’s mono and multi Q.ANTUM products are certified anti-LeTID – a claim that few other manufacturers can make.

    By controlling for both LID and LeTID, Hanwha Q CELLS can guarantee a reliable module power for the lifetime of its modules. The Fraunhofer CSP results further demonstrate the reliability and durability that the Company’s Q.PEAK DUO (Cz-Si) and Q.PLUS (mc-Si) solar modules deliver, with both module types exhibiting <1% power loss during Fraunhofer CSP’s stringent testing procedure.

    As showcased in the graph from Fraunhofer CSP, Hanwha Q CELLS’ monocrystalline (Cz-Si) and multicrystalline (mc-Si) solar modules performed favorably when exposed to accelerated LeTID test conditions (CID – current-induced degradation at 75°C and operation in maximum power point (MPP) mode) compared to other solar module brands tested.

    Commenting on the Fraunhofer CSP test results, Hanwha Q CELLS Co., Ltd. CTO Daniel Jeong said: “The performance of our Q.PEAK DUO and Q.PLUS modules demonstrates Hanwha Q CELLS’ continued commitment to tackling the toughest challenges in the industry and highlights the importance of focusing our R&D efforts in areas where we can deliver the most added value to our customers.

    Hanwha Q CELLS is proud to be at the forefront of anti-LeTID technology and will continue to shape and support the solar industry by developing new photovoltaic technologies and tackling head-on the technical hurdles that arise. We do this to ensure that our products are the go-to option for discerning developers who want to install quality that lasts and performs reliably, regardless of the conditions.”

    Fraunhofer CSP’s LeTID paper was presented at the 35th EU PVSEC Conference and Exhibition held in Brussels, Belgium, between September 24 -28 this year. This attached graph is an updated chart that highlights the results for Hanwha Q CELLS’ modules.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH

    Corporate Communications

    Oliver Beckel, Ian Clover

    Tel: +49 (0)3494 6699 10121

    E-mail: [email protected]

  • Hanwha Q CELLS’ Q.PEAK-G4.1 solar modules secure Excellent Quality recognition with Italy’s Altroconsumo and ITA bodies

    Nov 26, 2018 3:00:00 PM

    • The Q.PEAK-G4.1 310 Wp solar modules manufactured by Hanwha Q CELLS have been certified in the highest quality category by Altroconsumo and Istituto Tecnologie Avanzate
    • The criteria for obtaining the recognition of Excellent Quality cover a range of performance, reliability and cost factors
    • Alberto Nadai, Hanwha Q CELLS’ Area Sales Manager of Italy, said: “This accolade from Altroconsumo and ITA serves to underline just why Hanwha Q CELLS’ modules are an attractive choice for solar developers looking for a cost-effective solution that will enhance their own reputations as reliable installers of PV systems.”
    [Berlin, Germany, November 27, 2018]

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, can this week confirm that its Q.PEAK-G4.1 solar modules have been awarded the highest rating for quality by Italy’s Altroconsumo and the Istituto Tecnologie Avanzate (ITA).

    In tests conducted on 14 solar modules from leading suppliers, Altroconsumo and the ITA ranked Hanwha Q CELLS’ Q.PEAK-G4.1 310 Wp solar module in the “Excellent Quality” category thanks to the module’s superior performance, durability, reliability and competitive price-point.

    The Altroconsumo and ITA tests are marked by exclusive seals that serve to certify the quality and performance of the solar modules that are tested by the independent platform and institute.

    In Italy, Altroconsumo is well-known as the nation’s largest and most trusted independent and non-party political consumer organization. In association with the ITA – one of Italy’s leading institutes for advanced technology – this accolade and certification is one of the highest that can be awarded to solar goods in Italy.

    Peak by name, peak-performance by nature

    Hanwha Q CELLS’ Q.PEAK-G4.1 solar module boasts a performance class of up to 310 Wp and efficiencies of 18.6%. This monocrystalline solar module combines the exceptional performance of the Company’s proprietary Q.ANTUM (PERC) cell technology with anti-LID performance that eliminates light-induced degradation almost completely. The Q.PEAK-G4.1 also has an enhanced visual aesthetic that makes it a popular choice among residential homeowners looking to embrace solar energy.

    Alberto Nadai, Area Sales Manager for Hanwha Q CELLS Italy, said: “This accolade from Altroconsumo and ITA serves to underline just why Hanwha Q CELLS’ modules are an attractive choice for solar developers looking for a cost-effective solution that will enhance their own reputations as reliable installers of PV systems.

    “Italy’s solar market is undergoing something of a renaissance, boosted in part by the utility-scale sector that is reaping the benefits of new power purchase agreements (PPAs), but also the emergent repowering segment of the rooftop sector, which is compelling more and more solar customers to upgrade their old PV systems with state-of-the-art solar module technology, such as Hanwha Q CELLS’ Q.PEAK-G4.1.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Hanwha Q CELLS joins Board of the German Solar Association BSW with Oliver Beckel appointed as Executive Committee Member

    Nov 21, 2018 3:00:00 PM

    • The BSW Solar Board of Directors, elected by its members, this week appointed Hanwha Q CELLS’ Director of Public Affairs Oliver Beckel as an Executive Committee Member
    • The German Solar Association forms a strong community of enterprises, all intent on furthering the growth of solar in Germany and beyond
    • Oliver Beckel remarked: “I feel honored to be appointed to the Board at BSW. I am looking forward to supporting the BSW in contributing to the success of German PV development and landscape in coming years.”
    [Berlin, Germany, November 22, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), has yesterday returned as a member of the Board of the German Solar Association (“BSW” or Bundesverband Solarwirtschaft), following the appointment of Oliver Beckel as BSW Executive Committee Member.

    The 800 members of the BSW comprise a patchwork of solar companies ranging from installers and developers, to manufacturers and EPC firms. The BSW work as an intermediary between the relevant business, political and public sectors that cover Germany’s mature solar sector.

    Led by managing director Carsten Koernig, the Berlin-based association has been a pivotal presence in helping to guide Germany’s solar industry through many ups and downs over the past few years, with a key focus on guiding government decision-making with regards to suitable and stable policies that nurture solar energy’s growth.

    Strong synergies between Hanwha Q CELLS and BSW

    While Hanwha Q CELLS is today one of the globally leading solar companies, it traces its roots to Germany, and is widely considered to have been one of the most important players in the birth of Germany’s solar industry.

    The company has provided several Board members to BSW over the years, and the appointment of the Company’s Director of Public Affairs, Oliver Beckel, marks a welcome return for Hanwha Q CELLS to the Board of the BSW.

    The synergies between Germany’s solar association and Hanwha Q CELLS are strong, with both entities eager to see solar energy assume a leading role in both the German and the global energy industry. However, it is within Germany where Hanwha Q CELLS believes a great deal of further innovation is to come, stressed Oliver Beckel on the occasion of his appointment.

    “Germany has been at the forefront of energy revolution, and is regularly the testbed for new business models that are eventually adopted on a global scale,” Beckel remarked. “This is one of the reasons why Hanwha Q CELLS places great faith in its R&D and Technology Headquarters at Thalheim – a site that still steers the innovative direction of what is now a truly global company.

    “We believe that this setup signifies our commitment to the German market, and I feel honored to be appointed to the Board at BSW. I am looking forward to supporting the BSW in contributing to the success of German PV development and landscape in the coming years.”

    "We are delighted that the BSW members have elected Hanwha Q CELLS to the Executive Board of the German Solar Association. As an international photovoltaic group with strong roots in Germany, Hanwha Q CELLS will further increase the weight of our industry in its political work," said Carsten Koernig, Managing Director of the German Solar Association.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]
     

  • Hanwha Q CELLS launches Q.HOME+ ESS HYB-G2 scalable energy storage system in Germany

    Nov 20, 2018 3:00:00 PM

    • Latest iteration in Q CELLS’ storage product range is a modular system that can be scaled from 4 kWh to 20 kWh
    • Q.HOME MANAGER enables homeowners and small businesses to better monitor their energy usage
    • Hanwha Q CELLS Head of Sales EU, Maengyoon Kim remarked: “The Q.HOME+ ESS HYB-G2 energy storage system further cements Hanwha Q CELLS’ position as a full solutions provider of quality products for Germany’s competitive solar and storage market.”
    [Berlin, Germany, November 21, 2018]

    Hanwha Q CELLS Co., Ltd. ("Hanwha Q CELLS" or “The Company”), one of the largest solar cell and module manufacturers in the world, has today announced the launch of its new scalable and modular energy storage system – the Q.HOME+ ESS HYB-G2 – in Germany.

    The Q.HOME+ ESS HYB-G2 is a bundled product that comprises a scalable energy storage system (ESS) complete with hybrid (HYB) inverter, integrated with the Q.HOME MANAGER, the energy management control platform.

    This new storage solution has been developed to help homeowners and small businesses make cost-saving decisions on their energy use patterns while take firmer control of how and when they store and consume their solar energy.

    This latest iteration – which complements Q CELLS´ existing All-In-One solution, the Q.HOME+ ESS-G1 inverter, battery and management system – is initially sized at 4.0 kWh and can be scaled up to a maximum of 20 kWh capacity, at increments of 4 kWh each time. Such modularity makes the Q.HOME+ ESS HYB-G2 an ideal solution for end-consumers that may wish to start small with their storage, and scale upwards as and when required.

    A smarter way to store and consume

    By integrating a hybrid bi-directional inverter into the system, the Q.HOME+ ESS HYB-G2 battery can rapidly and efficiently adapt to the customer’s consumption needs.

    Installation of the Q.HOME+ ESS HYB-G2 system is quick and simple, and its plug-and-play functionality means that consumers can begin enjoying the benefits of their energy independence immediately. The lithium-ion battery cells – supplied by Samsung SDI – and the single phase inverter – produced by Hansol Technics – are backed by a 10-year system and performance warranty for consumer peace-of-mind.

    Supporting Germany’s storage revolution

    Ever since paving the way for the world to adopt solar energy, Germany has since switched its sights to the next big hurdle on PV’s path – reliable and affordable battery storage. In August, Germany reached the major milestone of 100,000 storage systems installed nationwide, with the German Solar Trade Association (BSW) forecasting that this figure is set to double in the next two years.

    While a large portion of Germany’s storage capacity is currently front-of-the-meter large-scale centralized storage units, a rapidly growing segment is the behind-the-meter market, which includes home storage solutions and smaller systems installed at small businesses up and down the country.

    A range of different storage incentives exist throughout Germany’s federal states as the government has embraced the idea of enabling homeowners to store their own solar energy and help to not only aid the country’s Energiewende (transition from brown to green energy) but also support grid frequency regulation.

    Owners of Q CELLS’ Q.HOME ESS+ HYB G2 modular storage system can help play their part in this transition thanks to the Q.HOME MANAGER software solution, which delivers full monitoring and oversight of a consumer’s energy usage patterns via a user-friendly interface. This software can be installed as a smartphone App, thus ensuring 24/7 and instant control over one’s energy consumption, storage and grid feed-in.

    Maengyoon Kim, Head of Sales EU and LAA at Hanwha Q CELLS, said: “Germany is once again leading the way in supporting and devising renewable energy solutions and, with Hanwha Q CELLS’ R&D technology headquarters located in Germany, we are proud to be supporting the country’s Energiewende with our complete solar and storage solutions.

    “The Q.HOME+ ESS HYB-G2 energy storage system further cements the Q CELLS brand´s position as a full solutions provider of quality products not just for Germany’s competitive solar and storage market, but the entire globe. We intend to roll out this latest storage system into the rest of Europe’s leading markets in 2019, before expanding globally.”

    The Q.HOME+ ESS HYB-G2 energy storage system will be exhibited at the Forum Neue Energiewelt, which is held between November 22-23 at the Maritim ProArte Hotel in Berlin, Germany. Hanwha Q CELLS is a platinum sponsor of this high-level renewable energy event.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Hanwha Q CELLS supplies half-cell modules to largest hotel solar installation in Stockholm

    Nov 19, 2018 3:00:00 PM

    • The 107 kW solar PV array at the Clarion Hotel Sign in Stockholm, Sweden was completed using 334 Hanwha Q CELLS’ Q.PEAK DUO 320 W half-cell modules
    • Power Purchase Agreement signed with Eneo Solutions and module installation carried out by Swedish developer Nordic Solar
    • The hotel will self-consume all the solar electricity generated by the array
    • Clarion Hotel Sign CEO Henrik Berghult said: “Throughout the life of this PV system, the hotel will save more than 130 tonnes of carbon dioxide, which is awesome.”
    [Berlin, Germany, November 19, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), has supplied its award-winning Q.PEAK DUO half-cell modules to the largest hotel rooftop solar installation in Stockholm, Sweden.

    The Clarion Hotel Sign, located in the center of the Swedish capital, has this week connected its new 107 kW solar PV array to the grid. The system was installed by Swedish developer Nordic Solar and has been delivered to the Clarion Hotel by renewable energy firm Eneo Solutions under a Power Purchase Agreement (PPA).

    Installed on the rooftop of the hotel are 334 Q.PEAK DUO modules, which combine half-cut cell technology, six bus-bars and Hanwha Q CELLS’ proprietary Q.ANTUM (PERC) monocrystalline cell technology, with efficiencies of close to 20% and power output of 320 Wp. The Q.PEAK DUO solar module was selected as the winning technology in the Photovoltaics category at the Intersolar Awards 2018 held at Intersolar Europe in June this year.

    Affordable solar an increasingly attractive energy solution in Sweden

    Stockholm’s hotel market is currently in the midst of something of a solar revolution. The Clarion Hotel Sign is the latest establishment of the Nordic Choice Hotel chain to adopt solar technology, and follows in the green footsteps of the city’s Yasuragi Hotel, Quality Hotel Friends and Quality Hotel Global.

    The Clarion Hotel Sign will self-consume every kilowatt of clean energy generated by the solar array – an annual output that could typically meet the electricity needs of 37 local households. The installation’s carbon mitigation effect of 130 tonnes of CO² takes into consideration not only the solar generation but also the energy required to install, maintain and eventually decommission the system.

    While Sweden, and indeed much of Scandinavia, has typically embraced wind and hydropower rather than solar, there is a growing understanding of the viability and affordability of PV across the Nordic region. The Swedish Solar Association estimates that around 30 MW of large-scale solar capacity is already installed in the country, with a pipeline of approximately 10 MW of new ground-mounted capacity in the works.

    However, it is in the commercial and residential space where a great deal of activity is being recorded, thanks to a generous Swedish Energy Agency policy, that in 2018 provides more than $60 million (500 million SEK) in rebates for small-scale rooftop solar PV installations.

    Michael Ronge, Head of Operations at Eneo Solutions remarked that, as Sweden’s solar market expands, it is crucial for the company to build long-lasting partnerships with suppliers such as Hanwha Q CELLS and developers such as Nordic Solar. “It is important for us to know that our suppliers can continue to be our trusted partners in both Sweden and across Europe, because we foresee a large increase in demand for both rooftop and ground-mounted solar systems,” Ronge said.

    Sean Collier, Head of Sales for Scandinavia Hanwha Q CELLS, added: “Sweden’s climate is actually considerably well-suited for solar PV. It has lots of sunshine in the summer and long daylight hours, so it is encouraging to see that both the government and forward-thinking companies, such as Eneo Solutions, Nordic Solar and the Clarion Hotel Sign, are positively supporting PV. It all points to a bright future for solar in Sweden.”

    Henrik Berghult, the CEO of the Clarion Hotel Sign, said: “After the Yasuragi Hotel, Quality Hotel Friends and Quality Hotel Globe decided to go solar, it was obvious that we should also produce our own electricity from the sun. Throughout the life of the PV system we will save over 130 tonnes of carbon dioxide, which is awesome!”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]
     

  • Hanwha Q CELLS secures 100 MW module supply deal for CGN New Energy

    Nov 15, 2018 3:00:00 PM

    • This deal represents another important cooperation between Hanwha Q CELLS and CGN New Energy,following a 66 MW module supply deal for a Top Runner Project in July
    • Total module volume supplied by Hanwha Q CELLS to CGN Power Group has now reached nearly 400 MW
    • General Manager of China Business Division, Hanwha Q CELLS, said: “This deal represents the customer's high recognition of our Q.ANTUM mono solar module Q.PEAK-G5 series. It will inspire the Company to continuously improve the quality of our product and service.”
    [Shanghai, China, Nov.16, 2018]

    Hanwha Q CELLS (Qidong) Co., Ltd. ("Hanwha Q CELLS" or the “Company”), the subsidiary of Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the largest solar cell and module manufacturers in the world, has recently signed a 100 MW module supply agreement with an EPC contractor, Central Southern China Electric Power Design Institute Co., Ltd. of China Power Engineering Consulting Group Corporation, with respect to a solar plant to be constructed for CGN New Energy Holdings Co., Ltd. (“CGN New Energy“) in Hubei Province, China.

    This deal marks another important cooperation between the two enterprises following Hanwha Q CELLS securing a 66 MW module supply tender for CGN New Energy’s Top Runner Project in Delingha, China, in July 2018.

    The solar plant will be built in Dafan Town, Tongshan County, Hubei Province – a region that has abundant energy sourced mainly from wind power, hydropower, nuclear power and stationary storage. Hubei Province is known for excellent solar irradiation, making it an ideal location for the construction of solar plants. The total capacity of this solar plant is expected to be 150 MW, and Hanwha Q CELLS will supply CGN New Energy with 100 MW of capacity comprised of the well-received Q.ANTUM mono solar module Q.PEAK-G5.

    Delivery begins

    On November 2, 2018, the first batch of 30 MW solar modules arrived at the project site, and installation began. The expected date for grid connection for the entire completed project is the end of December 2018. After grid connection is complete, the total power generation of the solar plant could reach around 145.76 million kWh per year. With the clean renewable energy of the solar plant, Tongshan County will also further realize the economic benefits of solar power, while such clean sources of energy help to keep the mountains green and the rivers free from pollution.

    The General Manager of the China Business Division, Hanwha Q CELLS, said: "We are very glad to once again gain the trust of China General Nuclear Power Group (“CGN Power Group”). Based on our long-term and friendly cooperation, the total volume of modules we have supplied reaches nearly 400 MW collectively to CGN Power Group. This represents the customer's high recognition of our Q-Series products, especially the mono-crystalline PERC solar module, the Q.PEAK-G5.

    "This will inspire us to continuously improve the quality of our products and services. We look forward to further strengthening the strategic cooperation with CGN Power Group, to promote new projects with mutual benefit that are a win-win for both companies.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS Co., Ltd. offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS Co., Ltd. is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS Co., Ltd.’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS Co., Ltd.  filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS Co., Ltd. does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
     

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]
     

  • New CEO of Hanwha Q CELLS receives Prime Minister of Saxony-Anhalt Reiner Haseloff at its R&D and technology center in Germany

    Nov 8, 2018 3:00:00 PM

    • Hee Cheul (Charles) Kim, the newly appointed CEO of Hanwha Q CELLS as of October 1 2018, welcomed Reiner Haseloff at the Company’s R&D and technology center in Saxony-Anhalt on November 8
    • The two figureheads discussed a broad range of topics, including investment in Saxony-Anhalt, employment, and technological advances in renewable energy
    • Mr. Kim remarked: “It is a great honor to receive Reiner Haseloff at Hanwha Q CELLS’ R&D and technology center in Saxony-Anhalt, Germany. The Prime Minister of Saxony-Anhalt has long been a supporter of the Company’s work and goals, which include continuing to deliver employment opportunity and investment to the local region.”
    [Thalheim, Germany, November 9, 2018]

    The CEO of Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, this week received Reiner Haseloff, Prime Minister of the German state of Saxony-Anhalt, as a VIP guest at the Company’s R&D and technology center in Saxony-Anhalt, Germany.

    Hee Cheul (Charles) Kim, who became Hanwha Q CELLS’ new CEO on October 1, warmly welcomed Reiner Haseloff on November 8 to Hanwha Q CELLS GmbH’s offices to discuss a broad range of topics related to renewable energy technology, investment and innovation, and engagement with the local region.

    After exchanging initial pleasantries, the two figureheads seamlessly moved on to the matters at hand, which centered largely on Hanwha Q CELLS’ role as one of the most important employers in the state of Saxony-Anhalt.

    The Prime Minister learned that since the acquisition by South Korea’s Hanwha Group in 2012 – thus creating Hanwha Q CELLS – the Company has rapidly scaled its global solar cell and module production capacity from approximately 1.3 GW to more than 8 GW currently, together with Hanwha Q CELLS & Advanced Materials Corporation, another affiliate of Hanwha Group. This places Hanwha Q CELLS firmly in the top 10 of solar manufacturers globally: a growth trajectory that has only been made possible thanks to the innovative efforts of the 460 staff who are currently employed at the Hanwha Q CELLS GmbH in Germany.

    Equally, the Company’s role as one of the world’s largest solar firms should not be overlooked, Mr. Kim affirmed. Since the acquisition, Hanwha Q CELLS has invested approximately €28 million in the state of Saxony-Anhalt, paying combined wages of about €250 million during that time, Mr. Kim explained.

    Building closer ties and a brighter future

    The purpose of Mr. Haseloff’s visit to the Company was multifaceted. For one, the Prime Minister wished to reacquaint himself with Mr. Kim – an individual he knows well from Mr. Kim’s previous stint working in Germany as a Director for Hanwha Q CELLS GmbH. The Prime Minister also wished to use the opportunity to gain further insight into the impact that solar PV technology is having on assisting Germany’s Energiewende – the nation’s ambitious, long-term transition to renewable energy. Given the extreme heat and drought suffered by the state of Saxony-Anhalt during the summer, the impact of climate change has been directly felt by many people living in the region. The Prime Minister also heard how Hanwha Q CELLS remains committed to developing cutting-edge solar solutions that can help mitigate the effects of climate change at both a local and global scale.

    In his new role as Hanwha Q CELLS’ CEO, Mr. Kim made it clear that one of his first priorities would be to visit the German operations that are vital for the technology leadership of the Company.

    Mr. Kim remarked: “It is a great honor to receive Reiner Haseloff at Hanwha Q CELLS’ R&D and technology center in Saxony-Anhalt, Germany. The Prime Minister of Saxony-Anhalt has long been a supporter of the Company’s work and goals, which include continuing to deliver employment opportunity and investment to the local region.”

    The Prime Minister added: "It is great for Saxony-Anhalt that Hanwha Q CELLS is located here. The Company stands for research and development at the highest level - Engineered in Germany. I am also pleased that Hanwha stands by the Thalheim site. This indicates the high level of excellent work being carried out here, particularly in the area of quality assurance. The region needs even more beacons of innovation like this."

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]
     

  • Hanwha Q CELLS publishes its Sustainability Report 2018

    Nov 6, 2018 3:00:00 PM

    • Report emphasizes Hanwha Q CELLS’ quality innovation efforts towards enhancing product reliability and engagement in eco-friendly business activities that reflect eco-friendly characteristics of PV industry
    • 2018 report introduces Hanwha Q CELLS’ corporate social responsibility, addressing a range of social issues, including climate change, energy poverty, and fine dust
    [Berlin, Germany, November 7, 2018]

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, has published its Sustainability Report 2018 (the “Report”), which outlines the Company’s sustainability management activities, achievements, and future plans.

    Hanwha Q CELLS first began publishing its sustainability report last year as a mean to share its sustainability management activities with key stakeholders, such as shareholders, investors, customers, employees, suppliers, and local communities.

    The Report outlines the sustainability management efforts that are linked to Hanwha Q CELLS’ corporate philosophy of creating a sustainable future. In particular, Hanwha Q CELLS has focused on quality innovation efforts in enhancing product reliability, eco-friendly management activities, and its corporate social responsibility efforts that reflect the inherent strengths and characteristics of the PV industry. In order to ensure the reliability of the Report, it has been third-party verified by Det Norske Veritas and Germanischer Lloyd (DNV GL), an internationally accredited registrar and clean energy consultant. The verification was based on the Report’s content, comprehensiveness and responsiveness.

    Contributing to the social good and quality management

    As a global leading solar company, Hanwha Q CELLS operates a Global Quality Management Team located at the German R&D headquarters and regional factories to continuously monitor product quality and maintain excellence and competitiveness. In order to preemptively respond to customer needs, Hanwha Q CELLS also operates various communication channels such as customer satisfaction surveys and global sales networks, and continues to commercialize and develop innovative products and technologies that meet these customers’ needs.

    As an eco-friendly energy company, Hanwha Q CELLS is also actively addressing environmental issues through eco-conscious management decisions and activities.

    As set forth in the Report, in order to replace the energy used in the cell and module production process with renewable energy, Hanwha Q CELLS’s subsidiary, Hanwha Q CELLS (Qidong) Co., Ltd., has installed a 2.2 MW solar PV array, while Hanwha Q CELLS Korea Corporation, another affiliate of Hanwha Group, fitted a 1MW array at its Jincheon plant in Korea. Furthermore Hanwha Q CELLS Malaysia Sdn. Bhd., a subsidiary of the Company, built an environmentally-friendly logistics system that helped to reduce the site’s energy consumption for transportation by approximately 40% by improving logistics and loading efficiency.

    Before the end of this year, Hanwha Q CELLS will donate solar modules to an eco-friendly tree nursery that will use the solar electricity to nurture the growth of young saplings. In conjunction with Hanwha Group's social contribution campaign "Hanwha Solar Forest", which supports the growth of new forests to help mitigate the effects of climate change, the trees grown in this eco-friendly tree nursery will be planted at the Incheon Metropolitan Landfill in Korea to prevent the spread of fine dust, which can be harmful to humans and wildlife.

    In addition, the Report also includes the details about the "Lights of Hope" campaign, in which Hanwha Q CELLS sends solar-powered lanterns made by its employees to vulnerable children in developing countries that suffer from poor or non-existent electricity access. This campaign has been successful in reducing the respective households’ reliance on expensive, dangerous and kerosene lamps, while enabling families to enjoy leisure or learning time together long into the dark evening.

    Hanwha Q CELLS’ sustainability reports, including the Report, are written in Korean and English and can be downloaded from the official website of Hanwha Q CELLS: www.hanwha-qcells.com

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the Company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
     

    Contact

    Hanwha Q CELLS GmbH Corporate Communications Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Korean renewable energy potential takes center stage at Hanwha Q CELLS-hosted GGGI Energy Forum 2018

    Nov 1, 2018 3:00:00 PM

    • The GGGI Energy Forum 2018, jointly held in Seoul by Hanwha Q CELLS and the Global Green Growth Institute (GGGI), drew 80 participants from around the globe
    • Representatives from Republic of Korea, the United Kingdom, Norway, Denmark, Mongolia and other countries shared their respective current energy policies and goals
    • Among the speakers was Hans-Josef Fell of Energy Watch Group, who delivered an insightful presentation on the renewable energy potential of the Korean peninsula
    [Berlin, Germany, October 31, 2018]

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, on October 30, 2018 jointly hosted the second annual GGGI Energy Forum in Seoul, Republic of Korea, along with the Global Green Growth Institute (“GGGI”).

    Building on the success of last year’s inaugural GGGI Energy Forum in Seoul, this year’s event attracted about 80 participants from a broad range of GGGI member countries including Republic of Korea, the United Kingdom, Norway, Denmark and Mongolia, providing an opportunity for the attendees to share and discuss their current and future energy transition policies.

    Director-General of GGGI, Frank Rijsberman, remarked in his welcome speech: “We should bust the myth that green growth is an expensive option. Solar energy, even with battery storage, is already commercially attractive – particularly where diesel energy is the alternative such as in small islands and off the grid. Green growth is the only viable option for a sustainable future.”

    The overarching theme of the GGGI Energy Forum 2018 sought to address the renewable energy potential of the Korean peninsula. This topic was most directly tackled by Hans-Josef Fell, the President of Energy Watch Group and former member of the German Parliament (1998 – 2013). Mr. Fell’s presentation examined the most politically and technologically feasible ways for the Korean peninsula to achieve 100% renewable energy; a vision that drew rapturous applause from the attendees in the audience.

    “In the Republic of Korea, there should be an institutional strategy and government support on R&D to make ‘100% renewable energy transition’ a reality,” Fell said, adding: “In addition to many countries, such as Denmark and Sweden, cities such as San Francisco and Copenhagen and corporations like Coca-Cola have also set ambitious goals for 100% renewable energy conversion.”

    A related topic was further explored by Kyung-ho Lee, Director of the New and Renewable Energy Policy Division of the Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE). Kyung-ho Lee presented a case study that discussed the Republic of Korea’s energy transition policy, which aims to draw 20% of the nation’s energy needs from renewable sources by 2030. This policy, also known as “Renewable Energy 3020,” will specifically embrace solar energy and offshore wind technology to drive the adoption of more secure, affordable, and clean power across the Republic of Korea.

    Japanese inspiration and Korean perspiration

    Another guest speaker at the GGGI Energy Forum 2018 was Izumi Kaizuka, Director of the Research Division at Japan’s RTS Corporation. Kaizuka relayed the details of Japan’s pivot towards renewable energy following the devastating East Japan Earthquake in 2011 that triggered the Fukushima Nuclear Disaster. Since then, the country rapidly increased its share of renewable energy in its mix from 1% to 7%, (2016) as the country abandoned nuclear power.

    “Japan could only achieve this rapid renewable energy growth because the government set up a long-term specific goal that has been carried out step-by-step,” Kaizuka stressed. “Sustainable technological development and the government’s institutional improvements were necessary factors towards making renewables one of the core sources of energy in Japan.”

    Faced with a similarly ambitious target, the Republic of Korea must develop a similar long-term strategy, the GGGI Energy Forum 2018 audience was told. Among the political representative attendants at the event, both Atle Hamar – Vice Minister of the Ministry of Climate and Environment, Norway, and David Markey – Head of Business Environment and Climate Diplomacy at the British Embassy in Seoul – remarked that events such as the GGGI Energy Forum 2018 are key in supporting the Republic of Korea’s momentum towards a greener energy future.

    Hanwha Q CELLS leads by example

    As joint host, Hanwha Q CELLS demonstrated at the Forum its prowess in helping to deliver this greener future, today. The solar cell and module manufacturer exhibited the comprehensive steps that it has taken to ensure that its production process is powered as much as possible by solar energy. Hanwha Q CELLS (Qidong) Co., Ltd., a subsidiary of Hanwha Q CELLS, has installed a 2.2 MW PV array atop its solar plant in China. Moreover, before the end of this year, Hanwha Q CELLS will donate solar modules to an eco-friendly tree nursery that will use solar electricity to nurture the growth of young saplings, in conjunction with Hanwha Group's social contribution campaign "Hanwha Solar Forest", which supports the growth of new forests to help mitigate the effects of climate change.

    Joo Yoon, Senior Vice President of Global Sales Planning and Strategy at Hanwha Q CELLS, said: “The pollution we make today will certainly harm future generations to come. I want to call this an ‘environmental debt’. I hope appreciate the opportunity provided at this meaningful forum to discuss in depth on how new renewable energy can help solve the ‘environmental debt’ issue. Hanwha Q CELLS will also contribute to energy conversion via solar energy, a clean energy source, and will strive to overcome future challenges ahead.”

    The second annual GGGI Energy Forum in Seoul was held at the Plaza Hotel on October 30, 2018. The event was held on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, in 2016 and 2017 respectively.
     

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the Company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
     

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Oliver Beckel, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]
     

  • Hanwha Q CELLS’ Q.FLAT-G5 roof mounting system wins Solar+Power Award for best BOS innovation

    Oct 1, 2018 3:00:00 PM

    • The accolade marks the second year in a row that Hanwha Q CELLS has prevailed at the Solar+Power Award show and the third time overall
    • Q.FLAT-G5´s victory in the Solar PV BOS category follows last year’s success in the silicon module category for the Q.PEAK DUO-G5
    • Company CTO Daniel Jeong said: “To be awarded best Solar PV BOS for the Q.FLAT-G5 at the Solar+Power Awards is a great honor, and underlines the Hanwha Q CELLS ethos of pushing R&D to ensure the solar industry is consistently supplied with top quality innovations.”
    [Berlin, Germany, September 28, 2018]

    Hanwha Q CELLS Co., Ltd. ("Hanwha Q CELLS" or “The Company”), one of the largest solar cell and module manufacturers in the world, has been voted as the winner of the Solar+Power Awards 2018 in the Solar PV BOS category for its Q.FLAT-G5 solar mounting system for flat rooftops.
    The Q.FLAT-G5 helps to deliver lower LCOE and improved power density by boosting the long-term stability and safety of the modules.

    When combined with Hanwha Q CELLS’ award-winning Q.PEAK DUO-G5 half-cell modules – which won the Solar+Power Award 2017 in the category of Silicon Module, and also claimed the Intersolar Award 2018 in the Photovoltaics category – the Q.FLAT-G5 has been proven to deliver a power density of 170 Wp/m². This output sets a new standard in power-per-surface area, augmented by a 10° inclination on both sides.

    The Q.FLAT-G5 saves money, ensures quality

    The G5 iteration of the Q.FLAT is a marked improvement on the Q.FLAT-G4 in that the installation time for a batch of modules has been halved, thereby reducing the time spent on the rooftop and thus lowering installation costs. The Q.FLAT-G5 is also made using steel for added durability, while an innovative coating ensures reliability is high and its carbon footprint is low. Engineered in Germany, the Q.FLAT-G5 was designed with efficiency and lower LCOE in mind. The system drastically reduces the ballast required, and removes the need to penetrate the roof membrane, thereby helping to prevent damage.

    This year’s accolade marks the second year in a row that Hanwha Q CELLS has prevailed at the Solar+Power Awards, and means that the company has now won different awards on three separate occasions. Last year it was the Q.PEAK DUO-G5’s time to shine in the silicon module category, and this year’s success serves to underline the fact that Hanwha Q CELLS consistently steers its innovative and problem-solving efforts to all areas of the solar supply chain – from cells and modules to mounting systems and storage solutions.

    Commenting on the occasion of the ceremony, Hanwha Q CELLS CTO Daniel Jeong said: “To be awarded best Solar PV BOS at the Solar+Power Awards for the second year in a row is a great honor, and underlines the Hanwha Q CELLS ethos of investing in R&D to ensure the solar industry is consistently supplied with top quality products.

    “The next challenge is to ensure that the Company remains a stand-out leader not only in the field of solar cell and module technology, pushing standards to new heights with our Q.ANTUM technology, but right across the value chain to cement our position as PV standard bearers.”

    Proud members of the Hanwha Q CELLS R&D team were in attendance at the award ceremony – held at the Amigo Hotel, Brussels, on September 26 – to collect the gong from the show presenters.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Hanwha Q CELLS participates in first collective self-consumption solar project in France’s Midi-Pyrénées region

    Sep 30, 2018 3:00:00 PM

    • Hanwha Q CELLS supplied 120 of its Q.PEAK-G4.1 300 W solar modules for the project, located in Midi-Pyrénées, France
    • The 36 kWp array, installed by C2A and managed by local renewable energy cooperative Enercoop, is the first collective self-consumption PV project in the region
    • The solar modules were installed on the rooftop of the Lou Cussou Biocoop store in Saint-Affrique (Aveyron)
    [Berlin, Germany, October 1, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS" or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), at the weekend witnessed the inauguration of a solar self-consumption C&I project in France’s Midi-Pyrénées region that was built using Hanwha Q CELLS solar modules.

    The 36 kWp installation sits atop the rooftop of the new Lou Cussou Biocoop store in the town of Saint-Affrique (Aveyron), and comprises 120 Q.PEAK-G4.1 300 W solar modules.  Store manager Isabelle Gaillard enlisted the expertise of local renewable energy cooperative Enercoop to manage the sales contract that now positions the Biocoop store as a producer of energy. This €45,000 solar project was installed by C2A and inaugurated on September 29.

    Cooperative solar energy sharing helping to shape France’s future

    All of the solar electricity that the Biocoop store array produces can be shared and consumed locally. Enercoop has entered into a contract arrangement with Enedis, the local electricity distribution network, to distribute the solar electricity to interested business consumers in the nearby locality. Enercoop will also oversee all billing to consumers that sign up to the scheme.

    So far, the neighboring Codomier-Masset Veterinary Clinic has signed up to receive and consume electricity from the array, with a further handful of other interested businesses and consumers poised to join the collective operation once the first feedback has been received. Any unused surplus solar energy will be steered towards customers of the Enercoop network, which currently comprises around 5,000 members in the Midi-Pyrénées region.

    Collective self-consumption is a growing market in France following the introduction of a 50 MW tender for self-consumption solar projects earlier this year. Uptake of self-consumption projects is now growing, and the model has been welcomed as a means for further liberalizing France’s energy market and helping to make it easier for private and C&I energy consumers to embrace the lower costs and zero emissions that solar electricity stands for.

    By using Hanwha Q CELLS’ Q.PEAK-G4.1 300 W solar modules, Biocoop will benefit from lower LCOE and high power output thanks to the modules’ Q.ANTUM monocrystalline cell technology that makes them an ideal solution for large rooftop installations.

    Stephan Maurel, Hanwha Q CELLS Head of Sales, France, said: “It is encouraging to see more and more companies embrace France’s collective solar self-consumption market, and we at Hanwha Q CELLS are proud to have been involved in this project, which is the first of its kind for the Midi-Pyrénées region.

    “France is making great strides towards meeting its carbon emission reduction goals, and we see many more opportunities to help support this transition towards a greener energy system – from the residential market through to C&I installations and the utility sector.”

    Benjamin Bergnes of installer C2A added: “We believe that the growing self-consumption market in France is vitally important for boosting further uptake of solar PV, which is why we are eager to ensure that our installations are always high quality and great value. This is why we selected Hanwha Q CELLS’ Q.PEAK-G4.1 solar modules thanks to their reliability and impressive power output.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Hanwha Q CELLS partners with Solarcentury on 1.5 MW residential London solar project

    Sep 20, 2018 3:00:00 PM

    • British solar developer Solarcentury installed the Q CELLS modules atop 600 London households in the second half of this year
    • The installation project is part of the Mayor of London’s Solar Together London scheme, launched across five city boroughs of Brent, Ealing, Kingston, Merton and Sutton
    • Bid partner IKEA also participated in the project, which enables homeowners to receive solar systems at an average 35% discount against market rates
    [Berlin, Germany, September 21, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS"), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), has supplied its award-winning Q.PEAK DUO-G5 half-cell modules as part of an innovative residential solar project in the British capital, London.

    The Solar Together London Scheme, which was launched in March this year, invited homeowners living in five London boroughs – Brent, Ealing, Kingston, Merton, and Sutton – to express interest in having a rooftop solar array installed. The scheme then pooled all applicants together, with solar installers invited to lodge tenders for the project under a typical reverse auction scheme.

    Homeowners offered discounted solar systems under a ‘bulk-buy’ programme

    Solarcentury won the one-day auction process having demonstrated – alongside its bid partner IKEA – how it could deliver savings of approximately £1,400 on a ten-panel system. Depending upon the size of the array, the 600 homeowners that are included in the scheme will receive savings of between 10% and 41%. Once completed, approximately 1.5 MW of new solar PV capacity will have been installed across the five boroughs, with the majority of customers opting for the high performance offer using Hanwha Q CELLS solar modules.

    These cost savings are arrived at through ‘bulk-buying’ solar panels into one single purchase. Homeowners fund the purchase themselves, but by grouping together, they can enjoy sizable discounts. Businesses are also invited to register their interest in the scheme.

    After winning the reverse auction, developer Solarcentury partnered with Hanwha Q CELLS to install the Q.PEAK DUO-G5 solar modules. The Q.PEAK DUO-G5 is a half-cell module that offers excellent aesthetics and a high power yield for minimum LCOE. The three junction box design also aids installation flexibility, ensuring that optimum yield output is possible on all types of roofs, while the half-cells also boost low-light performance – an attractive additional feature for a climate such as London’s.

    This project is part of the Mayor of London’s £34 million Energy for Londoners Programme, which aims to not only lower electricity bills throughout the capital, but to also boost the uptake of solar PV to 1 GW by 2030 through the Solar Together London initiative.

    Sean Collier, Head of Sales UK at Hanwha Q CELLS, remarked: “Such innovative schemes designed to make solar more accessible to homeowners in London are to be applauded. We hope the capital demonstrates to the rest of the country that residential solar is an affordable, reliable and attractive proposition, and for that reason, Hanwha Q CELLS is very pleased to be involved in the Solar Together London programme.”

    Gary Watson, Solar Together London Project Manager at Solarcentury, remarked: “We are delighted to have won this highly sought-after contract. Together with IKEA, we offer both the best value and highest quality products, amply demonstrated by our selection of the Q.PEAK DUO-G5 for the high performance package.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Hanwha Q CELLS to showcase ”Made in America” products and its bifacial module at Solar Power International 2018

    Sep 18, 2018 3:00:00 PM

    • "Made in America" range of solar products will launch in the United States next year.
    • Also on display will be the new bifacial prototype solar module, the Q.PEAK DUO L-G5.3/BF.
    • Visitors to the Hanwha Q CELLS booth can also enjoy its golf event and experience a virtual reality video that showcases the Company’s smart manufacturing system and module testing process.
    [Berlin, Germany, September 19, 2018]

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, will participate in the 2018 Solar Power International (SPI) Exhibition held at the Anaheim Convention Center from September 25 to 27, 2018. SPI is regarded as one of the world's core solar PV exhibitions alongside Intersolar Europe, SNEC in China and PV EXPO in Japan. More than 20,000 industry professionals are expected to attend and over 650 companies will exhibit their products and technologies this year.

    Even after imposing safeguard measures on imported solar cells and modules, the U.S. solar market remains one of the largest in the world. For Hanwha Q CELLS, the U.S. market is particularly critical due to the synergy between the Company’s excellent product performance and level of quality, in addition to the huge demand in the U.S. for premium solar products used in large-scale power plants, the residential sector, and commercial markets.

    Therefore, Hanwha Q CELLS will not only showcase its existing product portfolio, but also introduce its “Made in America” products, which will launch next year. Additionally, Hanwha Q CELLS will introduce its new prototype bifacial solar module, the Q.PEAK DUO L-G5.3/BF.

    New product range to join high output Q.PEAK DUO-G5 and Q.PEAK DUO BLK-G5 at booth 2426

    The Q.PEAK DUO-G5, a monocrystalline solar module with half-cut cells, has a maximum output of 330Wp in a 120-cells format, and is the Company’s main product in the U.S. market. This solar module can generate higher electricity on the narrow rooftop of a residential or commercial facility, and can help lower LCOE in the long term. The Q.PEAK DUO BLK-G5 is a similar half-cell module that employs an aesthetically-pleasing black frame and backsheet, and is thus a favorite for residential market.

    In addition, Hanwha Q CELLS will also display its “Made in America” products, which will launch in 2019. This range includes the Q.PEAK DUO BLK-G6 – a next generation module of the Q.PEAK DUO BLK-G5 – with approximately 5% more output. Additionally, on display will be the Q.PLUS DUO L-G5.2, a multicrystalline solar module with half-cut cells that has a maximum output of up to 370Wp in a 144-cell format and is suitable for large-scale solar power plants.

    Under the “Made in America” slogan, Hanwha Q CELLS aims to increase consumer confidence based on products manufactured in the U.S., and plans to serve the entire U.S. solar market – from utility through to the residential sector.
    Hanwha Q CELLS will also showcase a prototype of an exciting new product that is currently under development. By adopting bifacial technology, the Q.PEAK DUO L-G5.3/BF can generate electricity on the back side of the module, thus boosting the output compared to mono-facial solar modules.

    Hanwha Q CELLS will also display the European Q.HOME+ ESS HYB-G2, which consists of an inverter, scalable battery and smart energy management system, in order to foreshadow efforts in developing an ESS product suitable for the U.S. market. By unveiling these new products pending future launch, Hanwha Q CELLS continues to promote its excellent technology and continuous efforts for new and innovative products.

    In addition to product launches and unveilings, Hanwha Q CELLS will operate a golf event on the first two days of the exhibition. The event will consist of autograph sessions, photo opportunities, and simple golf lesson with Eun-hee Ji, Jenny Shin and Nelly Korda of Hanwha Q CELLS’ golf team, offering visitors yet another reason to enjoy the booth. Furthermore, Hanwha Q CELLS will invite visitors to experience how the Company ensures the reliability and quality of its products using virtual reality. Viewers will be taken into the virtual world of Hanwha Q CELLS’ smart manufacturing system and module testing process, which is two-to-three times more stringent than global testing standards.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 10121
    E-mail: [email protected]

  • Grid connection begins on Hanwha Q CELLS’ 45 MW solar PV portfolio in Poland

    Sep 6, 2018 3:00:00 PM

    • First megawatt of PV portfolio commissioned in the Polish town of Smętowo Graniczne
    • Remaining 44 MW, comprised of small clusters of single-MW solar plants, to be grid-connected across Poland by early 2019
    • Acquisition of 30 MW of PV projects in Poland complete
    [Berlin, Germany, September 7, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS" or “the Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), has this week observed grid connection of the first megawatt of the Company’s solar PV portfolio in Poland. The first 1 MW plant to be grid-connected is located in Smętowo Graniczne and was built to Hanwha Q CELLS’ superior standards of quality, design, engineering and construction.

    This development comes after Hanwha Q CELLS’ recent finalization of the acquisition of an additional 30 MW of shovel-ready PV projects, thus increasing its portfolio to 45 MWp of solar plants up to 1 MW each. This represents 15% of all solar projects secured under Poland’s new RES auction system. Each of the 50 solar parks has been awarded with a 15-year Contract for Differences (CfD) agreement from the Polish Energy Regulator (URE), securing a fixed price in Polish Zloty for every kWh produced by the PV plants.

    Portfolio demonstrates Hanwha Q CELLS’ expertise across entire solar value chain

    The Hanwha Q CELLS EPC team has been very active in Poland’s solar market in 2018, proving adept at identifying attractive PV opportunities and delivering bankable EPC contracts. The division can also offer short- or long-term operations and maintenance (O&M) services to the solar plants post-acquisition.

    Hanwha Q CELLS identified Poland as an appealing solar market for its EPC division due to the competitive nature of the auction process and the abundant PV potential within the country. Cumulative awarded solar capacity currently stands at approximately 360 MW, according to the Polish Solar Energy Association, Polskie Towarzystwo Fotowoltaiki, which also estimates that the country’s total capacity could reach 1.2 GW by 2020.

    Mauro Di Fiore, VP of Hanwha Q CELLS’ EPC division, said: “The secured revenue stream and rate of return guaranteed by the Polish government makes this 45 MW solar PV portfolio an attractive investment in a market that we feel is growing in confidence and opportunity.

    “For a company like Hanwha Q CELLS, which has been steadily expanding its EPC activities worldwide, Poland’s renewable energy auctions represented an ideal occasion to showcase our skill and experience in controlling several steps of the solar value chain – from project rights acquisition and logistical supply of our industry-leading solar modules, through to EPC and O&M activities.”

    Amit Yalov, Head of Project Finance for Hanwha Q CELLS, added: “Our PV portfolio represents a significant portion of Poland’s future installed capacity, and we are very proud of our position in the market. We are keeping a close eye on the RES regulation developments and are preparing for the next auction.

    “Moving forward, we intend to further increase our portfolio in Poland and strengthen our standing in the Polish energy market.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 10121
    E-mail [email protected]

  • Hanwha Q CELLS and RB Leipzig extend their international partnership until 2020

    Aug 29, 2018 3:00:00 PM

  • · The Q CELLS brand will continue to advertise its “ENGINEERED IN GERMANY” solar solutions on cam carpets, team benches and LED video boards for two additional seasons
    · The  brand will also appear on advertising hoardings at all RB Leipzig home games in the EA Sports video game FIFA19
    · This move signifies the establishment of another long-term partnership for RB Leipzig

    [Leipzig/Bitterfeld-Wolfen, 30/08/2018]

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) and German top-flight football club RB Leipzig have secured their international partnership ahead of schedule for another two Bundesliga seasons. Both partners announced the partnership extension today ahead of RB Leipzig’s first home game of the 2018/19 Bundesliga season on next Sunday. This means that the Q CELLS brand will continue to advertise its “Engineered in Germany” solar solutions in the Red Bull Arena until the end of the 2019/2020 season, as an international partner of ‘The Red Bulls’.

    The partnership – which includes advertising on cam carpets next to the goals, on the LED hoardings around the pitch and exclusively on the team benches – ensures that the Q CELLS brand gains significant exposure and visibility in the media and on TV. Furthermore, as part of the international partnership, the Q CELLS brand will appear for the first time on EA Sports video game FIFA 19 whenever RB Leipzig home matches are played.

    Oliver Mintzlaff, CEO of RB Leipzig, commented:

    “Continuing this important partnership with a renowned international company is an important step for us. RB Leipzig also aims to establish a more international presence – in both the sporting and in economic arenas. Hanwha Q CELLS is the perfect partner for us in moving forward in this direction, because the company is exceptionally skilled in combining global innovation with local heritage.”

    Daniel Jeong, CTO and Head of Hanwha Q CELLS GmbH in Germany, added:

    “The partnership with RB Leipzig helps us to further promote the Q CELLS solar brand among energy consumers in Germany, Europe and all over the world, as well as to grow our partner network. The first year of our partnership was very successful. The brands – both young, dynamic and successful – fit together perfectly. The response from our partners and customers has been very positive and the advertising has had the desired effect. This is why we are excited to have already extended our partnership with The Red Bulls to the end of the 2019/2020 season.” Hanwha Q CELLS GmbH operates the global Centre for Technology and Innovation for one of the leading solar manufacturers in Bitterfeld-Wolfen, just 50 km from RB Leipzig’s Red Bull Arena.

    Experience the international partnership between Q CELLS und RB Leipzig here on video.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel  +49 (0)3494 6699 10121
    E-mail [email protected]

  • Hanwha Q CELLS modules selected to power 500 kWp C&I PV installation in Greece

    Aug 28, 2018 3:00:00 PM

    • The 500 kWp C&I solar array has been installed on the grounds of the Exalco Aluminum factory in Larisa, Greece
    • 1,754 Hanwha Q CELLS Q.PLUS-G4.3 290 Wp multicrystalline modules used
    • Q.PARTNER Active Energy Solutions supplied and installed the modules
    • The installation is one of the largest net-metering projects in Greece
    [Berlin, Germany, August 29, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS"), the German subsidiary of one of the largest solar cell manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), today announced its involvement in one of the largest solar net-metering projects in Greece.

    More than 1,750 Q.PLUS-G4.3 multicrystalline solar modules of the Q CELLS brand were selected by Greek solar distributor and EPC Company Active Energy Solutions for installation at a 500 kWp solar array at the Exalco Aluminum factory in Larisa, Greece.

    Exalco is one of the largest manufacturing firms in the country, and with this large solar PV array – which was installed in just two months and is now grid-connected – has signaled its intent to help accelerate Greece’s renewable energy journey, which is once again picking up pace.

    Recently, Greece energy regulator RAE received applications for 300 MW of solar PV to be tendered throughout 2018, building the foundations for more large-scale solar capacity to be added in 2019. The country’s net-metering scheme, meanwhile, continues to deliver a sizeable portion of PV electricity to the grid.

    High quality PV solutions for net-metering peace of mind

    Active Energy Solutions was eager to ensure that Exalco’s foray into the solar market was an instantly positive one, which is why the installer selected Q CELLS´ Q.PLUS-G4.3 module series.

    These 60-cell modules boast a power capacity of up to 290 Wp and offer a versatile and reliable solution to customers looking to generate long-term yields. The modules deliver excellent performance in low-light conditions and harsh climates – making them ideal for Exalco’s commercial rooftop that sits under Larisa’s unforgiving sun in the heart of the country.

    Vassilis Lazaridis, Sales Representative, Greece, Hanwha Q CELLS, said, “Greece’s reverse solar auctions and long-standing net-metering scheme are proving to be positive and pivotal tools in helping to restart growth in the Greek solar sector. The new FIT rates are very competitive, while projects such as this 500 kWp Exalco installation highlight just how vital solar energy can be in helping businesses lower their energy bills.”

    A spokesperson for Active Energy Solutions added,“Exalco’s new 500 kWp solar rooftop system is one of the largest net-metering projects in Greece. We wanted to ensure that the system would be cost-effective and reliable, while also constructed using high quality solar modules. Q CELLS’

    Q.PLUS-G4.3 modules fit the bill perfectly, and as a Q.PARTNER we were able to guarantee on-time delivery, installation, and peace of mind for our customer.” The professional partnership between Hanwha Q CELLS and Active Energy Solutions has grown with strength and mutual trust over the past four years.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    About Active Energy Solutions

    Active Energy Solutions is a leading solar equipment distributor and solar developer active across Greece and Cyprus.  AES provides the full spectrum of photovoltaic products such us (solar modules, inverters, batteries, cables etc.) in Greece and Cyprus. AES provides project development and turnkey solutions to its customers, for commercial, governmental and utility projects. AES has successfully developed many solar project for the largest companies in Greece and Cyprus. For more information, visit: www.active-energy.gr

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    E-mail [email protected]

  • Hanwha Q CELLS homes in on Irish residential PV market as government launches solar grant program

    Aug 23, 2018 3:00:00 PM

    • Ireland’s new microgeneration scheme offers homeowners grants of €700 for every kWp of home solar installed
    • Additional grant of €1,000 for solar systems larger than 2 kWp that are paired with a battery storage system
    • Hanwha Q CELLS’ Q.PEAK DUO-G5 module series available across Ireland via the Q.PARTNER network as well as local distributor Heat Merchants
    • Q.HOME+ ESS-G1 all-in-one storage solution soon to be introduced to the Irish market
    [Berlin, Germany, August 24, 2018]

    Hanwha Q CELLS GmbH ("Hanwha Q CELLS"), the German subsidiary of one of the largest solar cell manufacturers in the world, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), is primed to meet an anticipated increase in demand for solar and storage solutions in Ireland following the government’s welcome decision to introduce cash grants for homeowners eager to embrace PV.

    Announced in late July, Ireland’s government has backed a new approval under the country’s Renewable Energy Support Scheme (RESS) that will make homeowners who wish to install solar PV systems on their rooftops eligible for generous grants.

    The grants will be funded by Ireland’s Department of Communications, Climate Action and Environment, with national renewable energy body – Sustainable Energy Authority of Ireland (SEAI) – responsible for the administration of the scheme.
    Homeowners who live in properties built and occupied before 2011 can apply to the SEAI for a grant, which is paid at €700 for every kilowatt peak (kWp) of solar PV capacity installed, up to a maximum of 4 kWp. Should a homeowner opt for a solar array over 2 kWp, the scheme states that it must be paired with a battery storage system, for which an additional €1,000 grant is available. Those homeowners interested in receiving these grants must first have their installation completed by a registered installer in Ireland before claiming the cash.

    The RESS scheme will release the first set of funds in October this year, and is due to be reviewed at six-month intervals until 2020.

    Boosting microgeneration to accelerate Ireland’s clean energy future

    The Irish government’s policy of creating a band of residential prosumers will hopefully play a pivotal role in strengthening the nation’s renewable energy future. Although not renowned for its sunny weather, PV has a vital role to play in Ireland’s clean energy landscape, and paired with storage, can be a key ingredient in the electricity mix.

    Ireland’s current solar capacity is just 10 MW, mostly across private rooftops – a notable figure given the absence of any feed-in tariff (FIT). The government has revealed that the RESS scheme has already attracted more than 1,700 submissions for grants, which suggests a strong appetite for residential solar in Ireland.

    To meet this anticipated growth in demand, Hanwha Q CELLS has developed a strong network of Q.PARTNERS in Ireland, developed with local distributor Heat Merchants to ensure that homeowners interested in solar can have their demands, needs and questions met by teams of dedicated professionals.

    Hanwha Q CELLS solar modules available in Ireland include the latest in half-cut cell technology – the Q.PEAK DUO-G5 modules, which boast high yields over small surface areas and in low-light conditions: an ideal combination for the rooftop spaces of Ireland. Also planned for introduction into the Irish market is the Q.HOME+ ESS-G1 energy storage system, which is an all-in-one solution that comprises an inverter, battery and energy management system and is available in three sizes – 3.6 kWh, 5.5 kWh, and 8.0 kWh.

    Sean Collier, Head of Sales for UK and Ireland Hanwha Q CELLS, said, “Ireland has been consulting for many months now about the introduction of a grant support scheme for solar microgeneration, and we at Hanwha Q CELLS are pleased that such an important policy has now been enacted.

    “The Irish government’s consultation found that, based on applications for grid connection, Ireland has a PV pipeline of 6 GW – of which over 1 GW would be earmarked for distributed rooftop generation. Hanwha Q CELLS has long earmarked the Irish solar market as one to watch, and we are confident that we can help meet public demand for PV across the country – demand that we expect to rise following the introduction of the RESS.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Heat Merchants Group is based in Waterford, Ireland, and is a renewable energy specialist with a deep knowledge of the Irish energy landscape.
    Tel: 00353-9064-24000   E-Mail : [email protected]

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 10121
    E-mail [email protected]

  • Intersolar South America 2018: Hanwha Q CELLS to exhibit at the show for the first time

    Aug 22, 2018 3:00:00 PM

    • Hanwha Q CELLS will participate in the South America exhibition for the first time to establish a solid foundation for successful market entry
    • Hanwha Q CELLS will exhibit Q.POWER L-G5 modules suitable for large power plants, as well as Q.PEAK L-G5 modules, suitable for residential and commercial markets
    • Also on display will be the Q.PEAK DUO-G5, Hanwha Q CELLS’ highest performance module, to emphasize their technology leadership
    • Hanwha Q CELLS CEO Seong Woo Nam stated: “We will preemptively respond to unstable market conditions via a market diversification strategy, which includes South America, a region highly likely to grow”
    [Berlin, Germany, August 23, 2018]

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”), one of the largest solar cell manufacturers in the world, will participate at Intersolar South America 2018 in Expo Center Norte, São Paulo, Brazil from August 28 to 30. Intersolar South America is one of the flagship regional exhibitions of the Intersolar calendar, which is renowned across the solar industry. An estimated 240 companies will be in attendance in Brazil this year, and this is the first time that Hanwha Q CELLS will participate in an exhibition held in South America.

    South America is gathering attention as one of the best regions for solar power generation because of its abundant solar radiation and plentiful hours of sunshine. In particular, the Brazilian solar market has vast potential to grow due to average sunshine duration that is 1.6 times that of South Korea, as well as concerted efforts to diversify energy sources at the national level. With this exhibition, Hanwha Q CELLS is planning to establish a solid foundation for successful market entry into South America by promoting its position as a global leader and emphasizing its excellent technology, focusing on primary markets such as Brazil and Chile.

    At Intersolar South America, Hanwha Q CELLS will mainly exhibit its Q.POWER L-G5 and Q.PEAK L-G5 solar modules, which are the main products available in the South American market. The Q.POWER module is a multicrystalline solar module with excellent cost-efficiency, making it an ideal solution for the types of very large PV plants that are becoming commonplace across the continent. The Q.PEAK module, meanwhile, is a high-performance monocrystalline module that produces abundant electricity in a small area, making it suitable for South American residential and commercial markets – both of which are highly likely to grow in the future. Based on these two products, Hanwha Q CELLS will target the entire South American solar market, from large power plants to residential and commercial installations.

    To highlight its technology leadership, Hanwha Q CELLS will also display the Q.PEAK DUO L-G5 – the company’s highest-performance module. Q.PEAK DUO, a monocrystalline solar module with half-cut cells, has a maximum output of 400Wp based on Q.ANTUM DUO technology, Hanwha Q CELLS’ state-of-the-art technology. It is also optimized for real environments, ensuring high output and long-term stability even in less-than-optimal conditions such as low light or high temperature. In recognition of its technological excellence and product innovation, the Q.PEAK DUO was selected as the only solar module winner at the Intersolar Award 2018, which was held in June in Germany.

    Seong Woo Nam, CEO of Hanwha Q CELLS, said, “South America is a region with a suitable environment for solar power generation, and one of the areas expected to grow rapidly in the future. While the global solar market is unstable due to a number of global policy changes, such as safeguard tariffs in the U.S. and subsidy cuts in China, we will achieve increased sales and profit stabilization through a market diversification strategy, which include the South American region.”

    Table: Primary Market Size in South America (in GW)


    (Source : GTM Latin America Playbook Q4, 2017)

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 10121
    E-mail [email protected]

  • Synergy between Q.PARTNER network of Hanwha Q CELLS and Smart Partner of VP Solar continues to grow

    Jul 8, 2018 3:00:00 PM

    • Hanwha Q CELLS and VP Solar have defined an agreement to increase the synergies between the networks of their professional installers
    • Q CELLS Q.PARTNER and VP Solar s Smart Partner network will bring together solar installers in Italy
    [Berlin, Germany, July 9, 2018]

    Hanwha Q CELLS GmbH, the German subsidiary of Hanwha Q CELLS Co., Ltd., one of the world’s largest manufacturers of solar cells, has defined an agreement to strengthen its presence in the Italian solar market by increasing its synergies with leading distributor, VP Solar.

    Hanwha Q CELLS’ Q.PARTNER network, founded in 2016, now includes approximately 200 certified installers of photovoltaic systems and energy systems throughout Italy that, as authorized Hanwha Q CELLS partners, get access to various initiatives and commercial facilities, including the Q.PARTNER Portal, which is a support tool with a dedicated planning tool for PV systems as well as promotional material. The network also offers Q.PARTNERs invitation to special training sessions and access to in-depth commercial reports. Q.PARTNERs also benefit from leads in C&I business, which they can get directly from Hanwha Q CELLS.

    The Smart Partner network (www.smartpartner.it), initiated and coordinated by specialized distributor VP Solar, was established in 2013. In the past five years it has become a vital component of the Italian solar market, with more than 500 installers actively participating. Installation companies interested in free access to the Smart Partner Network can apply for access to dedicated training courses, exclusive innovative technologies, and opportunities for entrepreneurial growth such as lead generation.

    Win-win networks for installers in Italy

    The synergies between the two installer networks allow installers to benefit from many advantages. This is a result of the agreements between Hanwha Q CELLS, a leading producer of solar modules and storage systems, and VP Solar, which provides products and services to Italian and international resellers and installers.

    The challenges facing solar in the current hypercompetitive Italian environment require a new way of understanding the importance of collaboration. Within the industry, it is more vital than ever to  rethink how PV products and services can deliver the greatest value-added creation for all players involved, including producers, suppliers, and of course, installers.

    “This synergy between manufacturer and distributor aims to make all of the companies that collaborate with Hanwha Q CELLS and VP Solar an integral part of a strong and determined group that aims to become a pivotal member of Italy’s photovoltaic market,” said Alberto Nadai, Area Sales Manager of Hanwha Q CELLS.

    "We think that the photovoltaic market in Italy requires quality projects, designed to satisfy long-term customer expectations,” added Stefano Loro, founder and CEO of VP Solar. “With this strong synergy between Hanwha Q CELLS and VP Solar, I think we can offer the best solutions to Italian installers under really competitive conditions. The expectation for large photovoltaic systems, from 100 kW up to 1 MW and beyond, is very interesting right now.”

    For commercial PV systems, installers can offer solutions with high-efficiency polycrystalline and monocrystalline Q CELLS modules. In particular, a promotion was formulated for the Q.PEAK DUO-G5 mono modules, which offer particularly high performance on small surfaces.

    Using an innovative six-bus bar system, the Q.ANTUM DUO technology combines half-cut cells with state-of-the-art round wire connection technology in order to achieve extraordinary efficiency in real conditions. This technology works both in the presence of reduced irradiation and on warm sunny days with clear skies.

    Hanwha Q CELLS’ focus on quality is also a core characteristic of VP Solar, which maintains these standards across the entire value chain, including inverters with or without optimizers, through to durable and competitive wiring and assembly systems.

    VP Solar also provides dedicated financing solutions for its customers, and also offers a technical and commercial evaluation service for revamping works on Energy Contour plants, where it is necessary to identify which improvements to apply in order to receive the expected benefits.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) is one of the world's largest and most recognized solar photovoltaic producers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its various international production facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers a whole range of products, applications and photovoltaic solutions, from modules to kits to systems up to large solar power plants. Through its expanding global business network in Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in utility, commercial, government and residential markets. Hanwha Q CELLS is a leading company of Hanwha Group, a FORTUNE Global 500 company and one of the top 8 companies in South Korea. For more information, visit: www.hanwha-qcells.com.

    VP Solar is a B2B distributor of energy solutions, such as photovoltaic systems, storage and charging of electric cars, which operates since 1999 in international and Italian markets. It was founded by Mr. Stefano Loro who still runs the company. VP Solar offers quality products and services to resellers and installers who appreciate professionalism and price competitiveness.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS' operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS solar modules power Øresund Bridge and Tunnel connecting Denmark and Sweden

    Jul 4, 2018 3:00:00 PM

    • Danish Project developers SolarFuture and Solarpark DK cooperate with Øresundsbro Konsortiet to power the most important transport link between Denmark and Sweden using clean energy
    • 864 Q.PEAK BLK-G4.1 solar modules from Hanwha Q CELLS help to minimize the carbon footprint of the Øresund bridge and tunnel
    • High efficiency and best-in-class warranty terms of Q CELLS solar modules are highly appreciated
    [Thalheim, Germany, July 05, 2018]

    Hanwha Q CELLS GmbH, the German subsidiary of one of the world’s largest solar cell and module manufacturers, has contributed to powering the Øresund Bridge and tunnel that connects Denmark and Sweden by delivering 864 of its powerful Q.PEAK BLK-G4.1 solar modules to the consortium that realized a solar power plant for the Øresundbro Konsortiet. Project developer SolarFuture, in cooperation with Solarpark DK, won the contract to build the tailor-made, high quality solar system to power the famous Øresund Bridge. The completed system was handed over to Øresundbro Konsortiet at the end of June 2018.

    Main objective: Repaying the bridge´s loans within 30 years after its opening

    The most important task for Øresundbro Konsortiet regarding this vital transport link between Denmark and Sweden is to maintain a long-term and commercially sound business, based on satisfactory revenue from road traffic and supported by cost-conscious marketing, operations, maintenance and financing.

    Bengt Hergart, Property Director at Øresundbro Konsortiet, explains: “The main objective is to repay the bridge’s loans within 30 years after its opening, with most of the revenue deriving from road traffic. But of course we also consider other ways to generate further revenue. So reducing our energy bills by means of the use of clean solar energy was the next logical step for us.”

    Project developers SolarFuture and Solarpark DK erected a 255 KW solar system comprising 864 Q.PEAK BLK-G4.1 solar modules from Q CELLS. The generated electricity will be equivalent to providing 45 households with clean energy, mitigating the effect of approximately 157,271 kg of CO2 per annum.  The solar power plant will thus significantly contribute to powering the electrical systems of the Øresundbro Bridge.

    “For us, the main reason to choose Q CELLS solar modules lies in their superior performance, high reliability, aesthetic design, and excellent warranty terms,” says Mads Christensen, CEO at SolarFuture. “The climate conditions in the area of the bridge also played an important role. Modules from Q CELLS are designed to withstand even the harshest weather conditions.”

    Marco Schweitzer, Sales Manager at Hanwha Q CELLS, says: “We are really happy to contribute to the success of this major transportation link between Denmark and Sweden, and to have the opportunity to help minimize its carbon footprint significantly.” He added: “Maximizing system yields with a Q.PEAK BLK-G4.1-based solar system enables low-cost, sustainable, and environmentally friendly electricity consumption for the consortium of the Øresund Bridge.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to PV kits and systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel: +49 (0)3494 6699 1012
    Email: [email protected]

     

  • Hanwha Q CELLS improves value chain to reach low and competitive carbon footprint for French solar tenders

    Jul 2, 2018 3:00:00 PM

    • Carbon footprint of 250 kg-eq/C0²/kWc reached for the high-efficiency Q.PEAK DUO module series
    • Low carbon footprint solar components increasingly important in France’s growing solar tenders
    [Berlin, Germany, July 3, 2018]

    Hanwha Q CELLS GmbH, the German subsidiary of the world’s  No.1 solar cell manufacturer (2017) Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), today announced that is has reached a new carbon footprint (CFP) of 250 kg-eq/C0²/kWc with its high-efficiency Q.PEAK DUO module series.

    Q.PEAK DUO modules combine half-cut cell technology, six bus-bars and the Company’s proprietary Q.ANTUM (PERC) monocrystalline cell technology, with efficiencies of close to 20% and power output up to 330 Wp from 120 half-cut cells and up to 395 Wp from 144 half-cut cells.

    This CFP result gives Hanwha Q CELLS a strong position in France

    In achieving this low carbon footprint result for its Q.PEAK DUO modules, Hanwha Q CELLS strengthens its market position in France, said Hanwha Q CELLS’ Head of EU Sales, Maengyoon Kim. “Producing low carbon solar modules is vital for Hanwha Q CELLS, not only in terms of our own carbon footprint and environmental goals, but also in markets such as France, which should be applauded for its approach to low carbon public tenders,” Kim added.

    Stephan Maurel and Laurent Bodin, Head of Sales, France, remarked: “Hanwha Q CELLS has always been keenly aware of the importance of selling eco-friendly products. We are pleased that our portfolio is ideally aligned to meet the clean energy needs of an important market such as France.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS Korea to install solar panels at gas stations across South Korea

    Jun 27, 2018 3:00:00 PM

    • Hanwha Q CELLS Korea signs MOU with KOSA, Dongwon EnC, Dasstech, and JB Bank to develop solar-powered gas stations
    • Innovative project to utilize the unused roof space of gas stations in order to power households with renewable energy
    [Seoul, Korea, June 28, 2018]

    Hanwha Q CELLS Korea Corporation (“Hanwha Q CELLS Korea” or the “Company”) recently inked a multi-party memorandum of understanding (MOU) in a landmark project to install solar panels across gas stations in South Korea. The project will see Hanwha Q CELLS Korea provide solar modules to members of the Korea Oil Station Association (“KOSA”), with Dasstech Co., Ltd. (“Dasstech”) supplying power inverters in order to achieve efficient energy conversion. Dongwon EnC Corp. (“Dongwon EnC”) will manage the installation process, while Jeonbuk Bank Ltd (“JB Bank”) will provide project financing.

    Hyun-Soo Cho, President and CEO of Hanwha Q CELLS Korea, attended the ceremony to sign the MOU, along with Young-Hwa Lee, President of KOSA, Jun-Ho Kang, CEO of Dongwon EnC, Jung-Yang Kum, Vice President of Dasstech, and Gyeong-Sik Shim, Branch Manager of JB Bank, to demonstrate their dedication to developing solar-powered gas stations.

    Solar driving renewed change in Korea

    One of the main benefits of this project is that it helps to conserve land area usually required for solar panels by utilizing the unused space of a gas station’s rooftop. The roofs of Korean gas stations are typically higher than those of adjacent structures, making them ideal for harnessing solar energy, and are also highly accessible in terms of maintenance purposes. Another positive aspect and long-term potential of this project is that the solar energy can also be used in a distributed generation system.

    By installing solar panels, gas station owners will receive Renewable Energy Certification and up to 50% more benefits than if they were to use only conventional power sources. If all 13,000 gas stations in Korea were to be fitted with solar panels, they would be capable of generating 300MW of power, which would be enough to meet the electricity demand of about 90,000 local households every year. The installation cost for 300MW PV systems could reach up to approximately 300 billion Korean won.

    Numerous companies globally have embarked on similar projects to develop solar-powered gas stations. In 2016, French energy company Total S.A. invested $300 million with the goal of installing a total of 200MW of solar panels across 5,000 service stations worldwide over the next five years. The ENOC (Emirates National Oil Company) Group announced in 2017 that it will install solar panels at all of its new gas stations, beginning with stations in Dubai.

    “This exciting project is part of Hanwha Q CELLS Korea’s ongoing effort to increase the development of solar power generation and expand market demand,” said Hyun-Soo Cho, President and CEO of Hanwha Q CELLS Korea. “Solar-powered gas stations are an interesting hybrid concept that combines solar energy with fossil fuels, illustrating how both energy sources can work side-by-side in a real business environment.”

    Hanwha Q CELLS Korea

    Founded in April 2011, Hanwha Q CELLS Korea is an affiliate of Hanwha Group. Hanwha Q CELLS Korea operates production sites for state-of-the-art solar cells and modules in South Korea. Furthermore, Hanwha Q CELLS Korea is active in the solar downstream segment in the growing Korean solar market as well as countries in Asia and Europe. The company delivers integrated solar power plant solutions encompassing development, construction, and operation.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS Korea' operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS Korea does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS’ Q.PEAK DUO-G5 half-cell module wins Intersolar Award 2018

    Jun 20, 2018 3:00:00 PM

    • The Q.PEAK DUO-G5 convinces the Intersolar Award Jury regarding the all-round performance quality of its 120 monocrystalline Q.ANTUM half-cells
    • Q.ANTUM DUO Technology with half-cut cells, as well as a six bus bar design and novel interconnection technology based on round wires delivers a module power increase of around 5.5%, setting the standard in power, energy yield and LCOE
    • Hanwha Q CELLS CTO Dr. Daniel JW Jeong stated: “The power increase and improved shading response of the Q.PEAK DUO-G5 ensures the module stands out in an increasingly competitive field. The Q.PEAK DUO-G5 solar module series is now available for customers in Europe and various international markets.”
    Munich, Germany, June 21, 2018

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), has secured another achievement in the Intersolar Award 2018 Photovoltaics category with its Q.PEAK DUO-G5 solar module. Having triumphed in 2017 with Hanwha Q CELLS’ innovative Q.PEAK RSF L-G4.2 steel frame module, the Company saw the 120 half-cell, six bus bar monocrystalline module selected by the independent Intersolar Award Jury as one of the most innovative out of ten entries shortlisted from 51 total applications.

    After Hanwha Q CELLS received the award, the company´s Global CTO, Dr. Daniel JW Jeong, said, “We are once again extremely pleased with the decision of the Intersolar Award Jury. Our Q.PEAK DUO-G5 module combines a number of innovations on different levels with our high performance cell technology Q.ANTUM DUO. The durability, power increase and improved shading response performance of the module ensure that the module stands out in an increasingly competitive field. The Q.PEAK DUO-G5 solar module series is now available for customers in Europe and various international markets.”

    Q.PEAK DUO-G5: PUSHING THE BOUNDARIES OF HALF-CELL TECHNOLOGY

    Q.PEAK DUO-G5 is a monocrystalline 120 half-cell solar module. Based on Q.ANTUM DUO Technology, it combines the following innovations to reach the lowest LCOE:

    * Six bus bar design

     - 2 x 6-inch half cells with six bus bars in parallel produce up to 3.5% power gain versus a typical full cell, four bus bar module

     - Six bus bars in combination with half-cell technology help to lower resistive losses

     

    * Round wire interconnection

     - Use of round wires instead of flat ribbons for cell interconnection reduces the effective shading on the solar cells significantly

     - Benefits result in a power gain of an additional 2.0%

     

    * Improved performance and durability of half cells

     - Cell interconnection with independent upper and lower module halves connected in parallel ensures an improved shading response, resulting in higher yields when the module is partially shaded

     - Half-cut cells are subjected to vastly reduced mechanical stress, resulting in fewer cracks

     - Halving the cell also halves the current, which lowers resistive losses in each cell and results in a 3.0% power gain against typical full cells’ interconnection

     

    * Q CELLS’ proprietary Q.ANTUM cell technology

     - Rear side passivated monocrystalline solar cells for power classes up to 330 Wp

     - High power density leads to low BoS costs

     - Q CELLS Yield Security: Anti LeTID, Anti-LID, Anti-PID, Hot-Spot Protect, Tra.Q

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected]

  • Hanwha Q CELLS finishes construction of 9.8 MW solar power plant in Brandenburg, Germany

    Jun 19, 2018 3:00:00 PM

    • More than 34,000 Q CELLS solar modules will produce almost 10,000 MWh of clean energy per year and thus save over 5 tons of annual carbon emissions
    • Green Energy 3000 GmbH developed the solar farm, which was constructed by Hanwha Q CELLS
    • Solar power plants are economically attractive in many European countries. Hanwha Q CELLS offers state of the art solar modules and is an experienced EPC partner
    [Berlin, Germany, June 20, 2018]

    Hanwha Q CELLS Co., Ltd., the world’s No.1 solar cell producer (2017), today announced that it has completed construction of a 9.8 MW solar power plant in Brandenburg, Germany. The Maulbeerwalde solar farm has been developed by the German renewable energy developer Green Energy 3000. Hanwha Q CELLS was responsible for EPC (engineering, procurement, construction) and construction funding. Hanwha Q CELLS installed more than 34,000 Q.PLUS-G4.1 solar modules of its renowned product brand Q CELLS and finished the entire construction process on the 142,000 m2 site in under 10 weeks. The solar power plant is expected to feed around 10,000 MWh of clean electricity per year into the grid. That will be enough to satisfy the electricity demand of 5,300 households and save more than 5,000 tons of carbon emissions per year.

    Hanwha Q CELLS – experienced EPC partner in Europe

    The solar power plant in the German federal state of Brandenburg is the latest of many projects that Hanwha Q CELLS has successfully constructed as an EPC firm. The company looks at a track record of more than 1,200 MW of solar systems installed since its foundation in 2012. That includes installations in Germany, Portugal, the UK, Poland and Turkey, which are all delivering reliable returns on investment.

    After subsidy cuts for utility-scale solar burdened the business segment over the past couple of years, the market has recently been gaining momentum again. “Today, utility-scale solar is attractive in many European countries, simply because solar electricity is absolutely price competitive,” explains Mauro Di Fiore, Head of the EPC Unit at Hanwha Q CELLS GmbH. “The Maulbeerwalde power plant is an excellent example that solar power plants make economic sense in Germany and in many other European countries as well.” Hanwha Q CELLS is currently working on EPC projects in Poland, Turkey, the Netherlands, Spain and Portugal. “The potential is huge,” added Mauro Di Fiore before emphasizing that “For investors and developers, what counts is that they work with an experienced EPC partner who reliably delivers quality components and meets deadlines. Hanwha Q CELLS delivers just that.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS to showcase one-stop-shop solar solutions at Intersolar Europe 2018

    Jun 14, 2018 3:00:00 PM

  • Meeting the PV needs of Europe: Hanwha Q CELLS to showcase one-stop-shop solar solutions at Intersolar Europe

    • Product range includes the Q.PEAK DUO-G5 half-cell module, a module shortlisted for the Intersolar Award 2018
    • Innovative system solutions, including the Q.FLAT-G5 and Q.MOUNT, will demonstrate Hanwha Q CELLS’ commitment to supporting the entire solar value chain
    • Hanwha Q CELLS’ Q-HOME+ ESS-G1 storage solution is ideal all-in-one battery for Europe’s growing residential self-consumption market
    • Teaser of forthcoming Q.HOME CLOUD software platform will also be unveiled on the giant screen at Hanwha Q CELLS’ booth A1.180
    [Berlin, Germany, June 15, 2018]

    Hanwha Q CELLS Co., Ltd (NASDAQ: HQCL), one of the world’s largest solar cell and module manufacturers will present a broad portfolio of solar PV solutions at the Intersolar Europe exhibition in Munich, Germany, that perfectly meets the needs of the resurgent European PV market.

    With Europe’s installed solar capacity expected to grow by approximately 35% year-on-year in 2018 (according to GTM Research), Hanwha Q CELLS is primed to deliver a variety of solar module, mounting, storage and software solutions to the residential and commercial and industrial (C&I) segments of leading and emerging European markets.

    Solutions designed with rooftop solar in mind

    Products showcased at the two Hanwha Q CELLS booths (A1.180 and A1.270) at Intersolar Europe – which will be held in Munich, Germany from June 20 to 22 – will include the Q.PEAK DUO-G5 and Q.PEAK DUO BLK-G5 high-performance solar modules. These monocrystalline solar modules have 120 half-cut cells and use Q.ANTUM DUO technology, including six bus bars and round wires to deliver superior energy yield and, in the case of the Q.PEAK DUO BLK-G5 modules, unrivalled aesthetics, making them ideal for residential rooftop installations.

    The Q.PEAK DUO-G5 module has also been shortlisted for an Intersolar Award 2018, having already turned heads at the recent SNEC exhibition in Shanghai.

    Hanwha Q CELLS is rightly proud of its leading solar cell technology, and together with its affiliate Hanwha Q CELLS Korea Corporation, recently reached 8 GW global production capacity of cells and modules. However, Hanwha Q CELLS is also committed to bringing its expertise and exacting standards to other areas of the solar production chain. This is why visitors to the booths at Intersolar Europe will be able to view the Q.FLAT-G5, a system solution designed for flat rooftops, common among the C&I space of Europe, as well as the Q.MOUNT, which is a universal system for sloping rooftops that facilitates quick and easy module installation.

    Bringing the solar smarts

    The Intersolar Europe exhibition is no longer a showcase simply for solar energy. It is increasingly the leading fair for all types of smart energy systems, from battery storage to digital platforms designed to give consumers better control of their energy.

    As Europe’s homeowners and businesses turn in greater number to solar energy, self-consumption of this PV energy is poised to increase. With that in mind, the latest iteration in Hanwha Q CELLS’ storage range will be on display – the Q.HOME+ ESS-G1. This Q CELLS all-in-one storage solution is available in three sizes, making it well-suited for types of residential home. Also on display at Intersolar Europe will be the Q.HOME+ ESS HYB-G2, which will be a modular and scalable storage solution that will enable system owners to expand their storage capacity to meet their specific needs. The system will scalable through five different sizes, which will enable even greater control and flexibility in managing private consumption of solar energy.

    Also showcased at Intersolar Europe will be the Q.PARTNER Program, which is a unique partnership initiative that enables solar professionals to work closely with Hanwha Q CELLS to further their exposure and success across Europe’s solar landscape. Furthermore, the Hanwha Q CELLS booth will present a teaser of the forthcoming Q.HOME CLOUD platform, which is a smart software solution designed to allow homeowners 100% autonomy over their solar electricity. All of these products, as well as a handful of exciting and innovative PV projects, will be presented throughout the three-day show at the huge display screen and in presentations at Hanwha Q CELLS booth A1.180.

    Hanwha Q CELLS EU Sales Head Maengyoon Kim said, “The resurgence of solar growth in Europe is an encouraging sign, particularly in markets that have either previously witnessed a boom-bust climate, such as Germany, France and Spain, or those that have been slow to adopt solar, like the Netherlands and Belgium. Today, we see a great appetite for PV in these markets, and particularly in the residential and C&I space of Germany and the Benelux region.

    “This is why Hanwha Q CELLS will showcase such a broad portfolio of market-leading and market-ready products at Intersolar Europe that specifically meet the needs of the European solar sector. We are proud that the Q.PEAK DUO-G5 has been recognized by the organisers of the show as a leading technology and are very pleased that the module has been shortlisted for an Intersolar Award. Complementing our module technology, we believe that our home storage, rooftop mounting and forthcoming home cloud software solutions provide the perfect package for PV customers, both new and old, across Europe.”

    Hanwha Q CELLS product and booth highlights at Intersolar Europe 2018
    Solar modules

    - Q.PEAK DUO-G5: Q.ANTUM DUO technology-based monocrystalline half-cell module. Power ratings of up to 330 Wp and efficiency of up to 19.9% for lowest LCOE. Shortlisted for Intersolar Award 2018.
    - Q.PEAK DUO BLK-G5: Boasts an outstanding all-black visual appearance and power ratings of up to 320 Wp. Based on Q.ANTUM DUO technology and half-cut monocrystalline cells.
    - Q.PEAK-G4.1: Monocrystalline 60-cell Q.ANTUM solar module with power ratings of up to 305 Wp, offering maximum yield under real conditions.
    - Q.PEAK BLK-G4.1: All-black monocrystalline 60-cell Q.ANTUM solar module with power ratings of up to 295 Wp, offering top energy yields and pleasing aesthetics.
    - Q.PEAK RSF L-G4.2: Monocrystalline 72-cell Q.ANTUM solar module with innovative reinforced steel frame and decentralized junction box. Power ratings of up to 375 Wp.

    Solar solutions

    - Q.FLAT-G5: Hanwha Q CELLS’ flat roof PV system, including Q.ANTUM solar modules and a dedicated mounting system for easy installation.
    - Q.HOME+ ESS-G1: All-in-one residential lithium-ion battery available in sizes 3.6 kWh, 5.5 kWh and 8.0 kWh, making it suitable for all types of homes in Europe.
    - Q.HOME+ ESS HYB-G2: Modular and scalable storage solution developed for residential systems which will soon be available in five sizes. Comprises hybrid inverter, battery and management system.

    Booth highlights (A1.180 and A1.270)

    - At the giant display screen and in presentations at booth A1.180 all of these products will be showcased, the forthcoming Q.HOME CLOUD software solution, and a range of interesting projects carried out by Hanwha Q CELLS.
    - A short video detailing the benefits and features of the Q.PARTNER Program - specifically how it can boost solar professionals’ penetration, standing, and service reputation in the European solar industry.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS and Solare Datensysteme collaborate on Q.HOME+ energy storage solutions

    Jun 12, 2018 3:00:00 PM

    • Now, the Q CELLS brand energy storage systems can be operated via the Solar-Log™ energy management system from Solare Datensysteme.
    • Solar-Log™ provides energy storage customers with solar monitoring, feed-in management and smart energy solutions.
    • Solar-Log™-compatible storage solution Q.HOME+ ESS-G1 is available in Europe in 3 sizes
    [Thalheim, 14 June 2018]

    Solare Datensysteme GmbH and Hanwha Q CELLS GmbH, the German subsidiary of the world's largest manufacturer of solar cells, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), collaborate on the Q CELLS brand energy storage solution Q.HOME+ ESS-G1. Now, users can control and monitor their Q.HOME+ ESS-G1 energy storage unit using the energy management system Solar-Log™ from Solare Datensysteme GmbH. PV monitoring, intelligent feed-in management and smart energy solutions allow customers to optimise their power consumption through effective energy management.

    Solutions for every home – and every business

    The Q.HOME+ ESS-G1 energy storage series is available in three versions with capacities of 3.6 kWh, 6 kWh or 8 kWh. Customers can choose the best version for their household or business, depending on individual average energy consumption. All three versions feature a high-quality lithium-ion battery, combined with an integrated inverter and battery charger. The units offer a 10-year product warranty and a performance warranty of at least 80% after 10 years.

    Even though general mobile monitoring has always been possible for these systems, the integration with the Solar-Log™ solution now makes possible more extensive monitoring and analysis functions. 

    The Solar-Log WEB Enerest™ online portal displays all the relevant information on the PV system as well as the Q.HOME+ ESS-G1 energy storage series. This includes measurements, such as the current charge state, and the charging and discharging capacity. As a useful analysis option, the charge history can be displayed for one day or seven days. With Solar-Log™, users can also determine how much stored energy they have consumed and how much spending they saved on electricity as a result.

    Specially designed for the needs of small PV units in the residential segment, the Gateway Solar-Log 50 and Solar-Log 300 models can also be combined with the Solar-Log WEB Enerest™. These and other Solar-Log™ models are compatible with the Q.HOME+ ESS-G1 energy storage series and offer feed-in management (x % control), either included in the package or via an additional license. With “x % control”, the inverter production is limited to x % of the module output. When the battery is already 100 % charged and there is no other equipment active, this control feature caps power surges in accordance with the Renewable Energy Law.

     

    Quote from Hanwha Q CELLS:

    “We are pleased to now be able to offer our energy storage customers even more options and maximum freedom of control over their storage devices,” announced Maengyoon Kim, Head of European Sales at Hanwha Q CELLS. “Solare Datensysteme GmbH has long been known for their top-of-the-line energy management system. We are extremely excited about this new development because our customers stand to gain a lot from this collaboration.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

    Solare Datensysteme GmbH (SDS)

    Solare Datensysteme GmbH (SDS), based in the German city of Geislingen -Binsdorf, is one of the leading companies in the areas of solar monitoring, smart energy and feed-in management with global service for operators and installers. Since August 2015, SDS is a subsidiary of BKW AG (Bern, Switzerland) – an international company for energy and infrastructure with more than 6000 employees. SDS specializes in developing and distributing monitoring systems for photovoltaic plants, with core competences that include innovative products with short development cycles and the best price-performance ratio.

    SDS is the manufacturer of the Energy Management System Solar-Log™, which consists of the Solar-Log™ device family and the Solar-Log WEB Enerest™ Portal. The system is currently installed in more than 110 countries – monitoring 279,073 plants with a total output of 12.35 GWp. Solar-Log’s easy installation function means a new plant can be added to the portal in just a few quick steps. Solar-Log™ is compatible with over 2,300 inverter models and with more than 130 different component manufacturers. SDS solutions make an important contribution to the successful integration of renewable energy into an intelligent power grid and help to make the successful transition to clean energy a reality. More information about SDS can be found at www.solar-log.com

    Press Contact Solare Datensysteme GmbH
    Vivian Bullinger
    PR & Marketing
    Tel +49 (7428) 9418 223
    Email [email protected]

    Marco Weinmann
    PR & Marketing
    Tel +49 (7428) 9418 221
    Email [email protected]

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

  • Hanwha Q CELLS Korea to build photovoltaic manufacturing facility in Georgia, USA

    May 29, 2018 3:00:00 PM

    • Construction of solar module production facility in Georgia will commence in 2018 and is scheduled to be completed in 2019
    • Q CELLS aims to maintain leading market position in the U.S. by delivering high quality solar modules through local U.S. production
    Seoul, South Korea, May 30, 2018

    Hanwha Q CELLS Korea Corporation (“Hanwha Q CELLS Korea”) today announced that it will build a solar module manufacturing facility in the United States of America. Construction for the factory in Whitfield County, Georgia will commence in 2018 and is scheduled to be completed in 2019. While the exact nameplate capacity of the new facility remains undisclosed, the company confirms that it will exceed 1.6 GW per year. The high quality modules manufactured by Hanwha Q CELLS Korea in the U.S. will be provided to Hanwha Q CELLS Co. Ltd. (“Hanwha Q CELLS”), which will have access to 100% of the facility’s production volume.

    Maintaining a leading market position in the US

    With the completion of the production facility in Georgia, Hanwha Q CELLS Korea, together with Hanwha Q CELLS, another affiliate of Hanwha Group, will have manufacturing facilities in South Korea, Malaysia, China, and the U.S., at its disposal. The new manufacturing fab is testament to Hanwha Q CELLS Korea’s commitment to the U.S. market, in spite of the recently imposed trade barriers. According to Solar Power Europe, the U.S. was the second largest solar market in 2017. Furthermore, the U.S market is also one of the most important markets for Hanwha Q CELLS Korea. Upon commencement of manufacturing activities in the U.S. fab, Hanwha Q CELLS Korea will supply high quality PERC modules to the roof-top and ground-mounted segments in the U.S. As the U.S. market has traditionally been a market that valued performance and quality, the new plant is expected to enable Hanwha Q CELLS Korea to widen its customer base in the U.S.

    About Hanwha Q CELLS Korea Corporation

    Founded in April 2011, Hanwha Q CELLS Korea is an affiliate of Hanwha Group. Hanwha Q CELLS Korea operates production sites for state-of-the-art solar cells and modules in South Korea. Furthermore, Hanwha Q CELLS Korea is active in the solar downstream segment in the growing Korean solar market as well as countries in Asia and Europe. The company delivers integrated solar power plant solutions encompassing development, construction, and operation.

    About Hanwha Q CELLS Co., Ltd.

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has its Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic system solutions and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides state-of-the-art services to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS Korea’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS Korea does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Albert Park
    TEL. +82(0)2 729 2102

    Jochen Endle, Ian Clover
    TEL. +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Hanwha Q CELLS to Launch Q.ANTUM Solar Module Series Q.PEAK-G5 at SNEC 2018

    May 24, 2018 3:00:00 PM

    • The Q.PEAK-G5 high-performance solar module combines Q CELLS´ proprietary Q.ANTUM cell technology with six bus-bars to achieve higher yields
    • Hanwha Q CELLS will also present its high-end Q.ANTUM DUO solar modules and the innovative steel frame solar module Q.PEAK RSF L-G4.2
    • The new generation Q.ANTUM DUO technology combines Q.ANTUM half-cell technology, wiring technology and six bus-bars, providing higher yields, system performance as well as lower LCOE
    [Shanghai, China, May 25, 2018]

    Hanwha Q CELLS, one of the world’s largest producers of 100% in-house solar cells and modules, announced that it will participate at SNEC 2018 PV POWER EXPO, the largest solar trade show in China from May 28 to May 30, 2018, at Booth N1-320. The advanced technologies, solar cells and modules, as well as PV solutions from around the world will be showcased there.

    During the exhibition, Hanwha Q CELLS will introduce the ‘Q.PEAK-G5’ series to the Chinese market. These monocrystalline solar modules combine Q CELLS’ proprietary Q.ANTUM cell technology with six bus-bars.

    Thanks to Q.ANTUM technology’s long-term yield security, featuring Anti-PID technology, Hot-Spot Protect, Traceable Quality Tra.Q™ and Anti Lid Technology (LID and LeTID), the Q. PEAK-G5 series will not only come with high power classes, but also function excellently in low-light or high-temperature conditions. The six bus-bar technology provides better efficiency and reliability by narrowing the distance between the bus-bars.

    The powerful combination of these two advanced technologies results in the Q.PEAK-G5 series, which deliver outstanding performance under real conditions. Thus, the 60-cell Q.PEAK-G5 will reach power outputs of up to 310Wp, and the 72-cells Q.PEAK L-G5 produces up to 370Wp.

    It is worth mentioning that by the first quarter of 2018, Hanwha Q CELLS reached a total of 8 GW of its proprietary Q.ANTUM solar cells from commercial mass production, which demonstrates its industry leadership in PERC technology. Furthermore, Hanwha Q CELLS is the only enterprise that owns mass production technology of six bus-bar technology. It is the optimal combination of these unique technologies that creates the superior solar module Q.PEAK series.

    In September 2017, Hanwha Q CELLS launched its Q.Partners Program in China. The Company‘s international brand reputation, high-quality products and wide range of services has been attracting many installers and wholesalers. At the SNEC exhibition, the Company will give a detailed introduction of the Q.Partners program and provide a convenient collaboration platform for the customers.

    Both the Q.PEAK G5 New Product Launch and Q.Partners Program Introduction will be held on the afternoon of May 28. The Company will also hold events over the course of three days, in which participants can engage in various games to win prizes.

    [Main Products on Exhibition]

    Solar Modules

    - Q.PEAK-G5 : Q.ANTUM technology-based monocrystalline solar module
    - Q.POWER-G5 : Multicrystalline solar module with excellent price-performance-ratio

    Prototypes

    - Q.PEAK DUO-G5 : Q.ANTUM DUO technology-based monocrystalline half-cell module
    - Q.PEAK DUO BLK-G5 : Q.ANTUM technology-based black-frame monocrystalline half-cell module
    - Q.PEAK RSF L-G4.2 : Innovative steel frame solar module, specially designed for large ground-mounted PV stations

    [Main Presentations]

    Booth Presentations

    - Q.PEAK G5 New Product Launch: Introduction of the ‘Q.PEAK-G5’ new product, which is based on Q.ANTUM technology.
    - Q.Partners Program Introduction: Introduction of the Q.Partners Program in China
    - Company Introduction

    Lectures at SNEC Forum (in the Kerry Hotel Pudong)

    - Q.ANTUM-not only PERC
    - An effective method for evaluating photovoltaic module snail trail defects SNEC Website:

    http://www.snec.org.cn/Default.aspx?lang=en

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

  • Hanwha Q CELLS powers one of the largest self-consumption solar projects in northern France

    May 16, 2018 3:00:00 PM

    • French project developer Émeraude Solaire, from Saint Malo in Brittany, completed the Partagélec rooftop PV installation in Pénestin, Brittany, on March 31
    • 140 Q.PEAK-G4.1 solar modules from Hanwha Q CELLS comprise the 40.6 kW rooftop system, which will provide solar electricity for the self-consumption of companies in the CLOSO Business Park, as well as nearby households
    • The installation was approved by bi-regional sustainable energy scheme SMILE, which aims to boost community self-sufficiency in the French regions of Brittany and Pays de Loire
    [Berlin, Germany, May 17, 2018]

    Hanwha Q CELLS, the world’s No.1 solar cell producer (2017), has supplied 140 of its Q.PEAK-G4.1 high performance solar modules to one of the largest self-consumption rooftop PV projects in France.

    Installed by Émeraude Solaire and managed by Partagélec, the PV rooftop array has a capacity of 40.6 kWp and is located in the municipality of Pénestin in France’s northwestern region of Brittany. The system has been installed on the roof of a municipal technical services provider, with an area of 234 m² at the heart of the CLOSO Business Park. The solar electricity produced will be self-consumed by 12 companies operating within the park, as well as an additional 50 households situated in a 500 metre radius.

    One of four national pilot sites for collective self-consumption in France

    After approval for the system had been obtained from bi-regional sustainable energy scheme SMILE (Smart Ideas to Link Energies) in 2016, a feasibility study for the Partagélec project was launched in November 2016 by partners Enamo and Atlansun.

    With its goal being to kick-start France’s solar self-consumption sector, the project is one of four national pilot sites identified by French electricity network operator Enedis. The other three have been installed in Bordeaux, Forcalquier and Perpignan.

    This 40.6 kWp system in Brittany will produce enough clean energy to save approximately 46,057 kg of CO² per annum. Local energy union Morbihan Énergies – which partially funded the €78,000 project – will manage each customer’s self-consumption bill. Any surplus solar energy will be sold to EnerCoop-Bretagne, a local energy cooperative.

    Collective self-consumption is a new model for commercial and residential customers in France. The term applies to consumers that share solar electricity produced at a single point of generation but is shared between several buildings in local consumption.

    In 2017, France’s government introduced a new set of regulatory framework for the grid connection of self-consumption solar installations. Lower grid fees are applicable to all consumers that self-consume solar energy generated from PV power systems no larger than 100 kW. According to the French Ministry of the Environment, Energy and the Sea, in 2017 there were approximately 2,488 MW of PV systems smaller than 100 kW connected to the grid.

    Stephan Maurel, Head of Sales France at Hanwha Q CELLS, said: “We are happy to supply our 290 W high performance Q.PEAK-G4.1 solar modules for such an important project, which we believe can help accelerate France’s energy transition goal.” He added: “Collective self-consumption of solar energy makes a lot of sense for many homeowners and small businesses, and Hanwha Q CELLS is pleased to support the growth of this sector with photovoltaic modules that combine high performance and excellent reliability at minimum LCOE.”

    Jacky Lorant, CEO Émeraude Solaire, remarked: “In partnering with such a trusted brand in Hanwha Q CELLS, we are confident that the businesses and homeowners participating in the self-consumption program will be able to enjoy the immediate benefits of clean electricity, energy independence and lower bills.”

    The professional partnership between Émeraude Solaire and Hanwha Q CELLS has grown with strength and mutual trust for five years, resulting in a series of successfully completed projects in France.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Ian Clover
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Hanwha Q CELLS Tackles UK Rooftop Market with Q.PEAK DUO Half-Cell Solar Module and Q.HOME+ Energy Storage System

    May 1, 2018 3:00:00 PM

    • Certified Q.HOME+ ESS-G1 all-in-one energy storage solution now available in the UK via Segen Ltd. and via Q.PARTNER in Ireland
    • Q.PEAK DUO-G5 half-cell solar module series up to 330 Wp minimizes LCOE on roofs of homes and companies in the UK and Ireland
    • With both products, Hanwha Q CELLS aims to obtain market leadership in the UK rooftop segment in 2018
    [Thalheim, Germany, May 2, 2018]

    Hanwha Q CELLS, the world´s No.1 solar cell producer (2017), tackles the solar rooftop market in the UK and Ireland with two new highlight products: The innovative module series Q.PEAK DUO-G5 featuring half-cut cells, round wires and six bus-bars reaches power classes of up to 330 Wp and has been introduced to UK and Ireland earlier this year. Now, Hanwha Q CELLS adds the missing piece to this high performance solar module series: The Q.HOME+ ESS-G1 all-in-one storage solution for residential customers. The storage system combines a proven lithium-ion battery holding a storage capacity of 3.6 kWh with an integrated inverter and a battery charger. The all-in-one storage solution can be operated and monitored via mobile application and comes with a ten year product warranty as well as a performance guarantee of at least 80% after ten years. The certified Q.HOME+ ESS-G1 can be purchased with or without a Q CELLS solar system; in the UK via the UK´s largest photovoltaic distributor, Segen Ltd., and via Hanwha Q CELLS´ Q.PARTNER network in Ireland.

    A perfect match: Q.HOME+ ESS-G1 and Q.PEAK DUO-G5 half-cell solar modules

    The Q.PEAK DUO-G5 series combines a whole range of technological innovation to reach maximum electricity yields and low LCOE (levelized cost of electricity). Monocrystalline half cells with six bus-bars, the company´s proprietary Q.ANTUM DUO cell technology for higher efficiency and minimized degradation as well as round wires enable the module to reach power classes of up to 330 Wp (Q.PEAK DUO-G5) or 320 Wp (all black Q.PEAK DUO BLK-G5) from 120 half-cells. Due to its high yields, the module is perfectly suited for residential rooftops in Britain in order to maximize energy yields from the often limited roof space. At the same time, the module series also minimizes LCOE on commercial and industrial company roofs. Customers who chose to combine a Q.PEAK DUO-G5 solar system with the energy storage solution Q.HOME+ ESS-G1 thus have the ideal combination to sustainably reduce their electricity cost.

    Maengyoon Kim, EU Sales Head at Hanwha Q CELLS said: “Home owners and companies in Great Britain and Ireland now have the chance to largely disconnect from recent rises in electricity prices.” He added: “Maximizing system yields with a Q.PEAK DUO-G5 based solar system and storing the electricity with a Q.HOME+ ESS-G1 system enables a cheap, clean and flexible electricity consumption.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • ENERGIEKONTOR AND HANWHA Q CELLS CONNECT 10 MW SOLAR POWER PLANT TO THE GRID IN BRANDENBURG

    Apr 17, 2018 3:00:00 PM

    • 35,073 Q CELLS modules produce sustainable energy for approx. 3,600 households in the Brandenburg region (Germany)
    • Solar power plant connected to grid after only 4 months construction time on 29th March
    [­Bremen / Bitterfeld-Wolfen, 18th April 2018]

    Energiekontor AG and Hanwha Q CELLS GmbH, the German subsidiary of the world's largest manufacturer of solar cells, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), have put a solar power plant with a capacity of 10 MW into operation in Brandenburg. The ground-mounted system is comprised of 35,073 Q CELLS solar modules and will produce enough sustainable electricity to power around 3,000 homes. The system will produce approximately 10 million kilowatt-hours of clean electricity per year, saving almost 5,500 tons of CO2.

    Bremen-based Energiekontor AG completed the project in 4 months. Internationally leading photovoltaic supplier Hanwha Q CELLS, whose Technology & Quality headquarters is located in Bitterfeld-Wolfen, supplied Q.PLUS BFR-G4.1 285 Wp high-quality solar modules for the project.

    Piotr Jankowski, Project Coordinator for Energiekontor AG said: "The solar park is a great example that photovoltaic systems pay off in Germany. The crucial factors for the highest possible profitability are professional planning, smooth construction and especially the performance and quality of the solar modules used. The good price-performance ratio of Q CELLS modules make the decisive difference." Q CELLS modules have prevailed against competition due to the high yield they provide, even under conditions of low light and high temperatures. As a result, thanks to Q.ANTUM technology, they reduce the electricity generation ­costs while increasing the economic profitability of the plant.

    Marco Schweitzer, Senior Specialist Account Manager for Hanwha Q CELLS, commented: "We thank Energiekontor for relying on Q CELLS modules in this large-scale project. We share our high quality standards as well as our sustainable track record of project success, and thus, we are looking forward to continue and expand our cooperation in the future."

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-q-cells.com

    About Energiekontor AG

    For the last 25 years, Energiekontor has stood for a sound approach to business and a wealth of experience in wind power. Formed in Bremerhaven in 1990, the Company was one of the pioneers in the industry and is now one of the leading German project developers. Its core business covers the planning, construction and operational management of wind farms in Germany and abroad, and was expanded to include solar power in 2010. Energiekontor also currently owns and operates 35 wind farms and one solar park with total rated power of around 270 megawatts. Now, Energiekontor AG intends to extend its pioneering role to commercial aspects and to realise wind farms and solar parks at pure market prices without state subsidies in all target markets as quickly as possible.

    In addition to its headquarters in Bremen, Energiekontor also maintains offices in Bremerhaven, Hagen im Bremischen, Aachen, Bernau (near Berlin) and Dortmund. The Company also has branch offices in England (Leeds), Scotland (Glasgow), Portugal (Lisbon) and the Netherlands (Nijmegen). The formation of additional branch offices in the US and France is currently underway. Our track record speaks for itself: 118 wind farms in operation, with total rated power of around 940 megawatts and three solar parks with a total capacity of about 30 megawatts. This corresponds to an investment volume of about EUR 1.5 billion.

    Energiekontor went public on 25 May 2000. The shares of Energiekontor AG (WKN 531350/ISIN DE0005313506) are listed in the General Standard segment of the Frankfurt Stock Exchange and can be traded on all German stock exchanges.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Energiekontor AG
    Piotr Jankowski
    TEL +49 (0) 421. 3304 -341
    E-MAIL [email protected]
    www.energiekontor.de

    Hanwha Q CELLS
    Company Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    E-MAIL [email protected]

  • Q CELLS’ SOLAR MODULES TO POWER THE LARGEST FLOATING SOLAR SYSTEM IN THE NETHERLANDS

    Apr 4, 2018 3:00:00 PM

    • 1.85 MW solar system on water reservoir will produce around 1.757,5 MWh of clean electricity per year
    • Floating PV projects are ideal for the Netherlands due to its landscape with rare land areas and abundant water surfaces
    • Q CELLS on a growth path in the booming Dutch solar market
    [Lingewaard, Netherlands, April 5, 2018]

    Hanwha Q CELLS, the world´s No.1 solar cell producer will equip the largest floating photovoltaic system in the Netherlands with high quality solar modules of its renowned Q CELLS product brand. Tenten Solar Zonnepanelen B.V. has developed the project for Drijvend Zonnepark Lingewaard B.V. under the SDE+ scheme of governmental subsidies in the Netherlands. The solar system will be constructed on a water reservoir in Lingewaard in central Netherlands between April and June 2018. Q CELLS will power the system, which will cover a water surface area of around 15.800 m2, with more than 6.100 Q.PEAK-G4.1 300 Wp monocrystalline solar modules. The sub construction will consist of swimming pontoons from the French supplier Ciel et Terre. The inverters and optimizers will be supplied from SolarEdge. Reaching a total nominal power of 1.85 MW, the solar system is expected to produce around 1.757,5 MWh of clean electricity per year and feed it into the public grid – enough to satisfy the energy demand of more than 380 4-person households in the Netherlands. Being the first large-scale commercial floating PV system in the country, the installation in Lingewaard might very well be a blue print for many more floating solar projects to come.

    Floating solar systems: a success model in the Netherlands

    The Netherlands has an abundance of inland sweet-water areas. On the other hand, land areas for ground mounted PV systems are rare and respectively expensive. Furthermore, the cooling and light reflecting water surface has a positive effect on the performance of the solar modules. Therefore, floating PV systems under the SDE+ incentive scheme in the Netherlands are a success model in the country.

    Frans van Herwijnen MSc, Director of Drijvend Zonnepark Lingewaard B.V. said: “We are 100% convinced that our floating PV system will only be the starting point for many more successful floating solar projects in the Netherlands. Since our inland waterways have a surface of about 7.650 square kilometers, floating systems can have an important contribution in terms of increasing the renewable energy supply in the Netherlands.”

    Mr. Bram Reukers, Commercial Manager at Tenten Solar Zonnepanelen B.V. said: “We´re very happy to be developing and building this largest floating PV project in the Netherlands so far. In order to create long-term success with PV projects on the water, the quality and durability of the modules is a key factor. Therefore, we´re more than happy to be partnering with Q CELLS, who are world famous for their high performance and top quality solar modules.”

    “Benelux is one of Q CELLS´ key regions in 2018. We aim to become the market leading module supplier in the Netherlands and in Belgium this year,” said Maengyoon Kim, EU Sales Head at Hanwha Q CELLS. He continued: “Therefore we´re more than happy to supply our high quality solar modules for the largest floating solar system in the Netherlands and we´d like to thank our partners for choosing Q CELLS.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

  • Solarex 2018: Hanwha Q CELLS to Present Half-Cell Solar Module Series Q.PEAK DUO-G5 and Utility Module Q.PLUS

    Apr 3, 2018 3:00:00 PM

    • At booth B03~C02, visitors of Solarex 2018 in Istanbul, Turkey, will be able to experience Hanwha Q CELLS´ latest technology achievements between April 5 and 7, 2018.
    • The Q.PEAK DUO-G5 half-cell module series with Q.ANTUM DUO technology achieves higher yields and system performance as well as lower installation costs and LCOE.
    • With the Q.PEAK and the Q.PLUS module series as well as the Q.HOME storage solution, Hanwha Q CELLS will display solar solutions for diverse requirements at Solarex 2018.
    [Seoul, South Korea / Istanbul, Turkey, April 4, 2018]

    Hanwha Q CELLS Co., Ltd. (hereinafter referred to as “Hanwha Q CELLS” or the “Company”) (Nasdaq:HQCL) will showcase its newest products and solutions based on the Company´s proprietary and matured Q.ANTUM technology at Solarex 2018 in Istanbul, Turkey, from April 5 to 7, 2018. Solarex is Turkey’s first and only trade show for the PV Industry. Last year, over 20,000 people from 43 different countries attended the exhibition.

    During Solarex 2018, Hanwha Q CELLS will introduce its latest technological achievement, which is now available on the Turkish solar market: The new flagship module ‘Q.PEAK DUO-G5’ combines half-cell technology, six bus-bars, round wires and the Company´s proprietary Q.ANTUM DUO technology. The combination of these technologies provides both, the advantages of higher system performance as well as lower LCOE. In addition to the ‘Q.PEAK DUO-G5’, Hanwha Q CELLS will also showcase the Q.PEAK and the Q.PLUS solar module series as well as the Q.HOME energy storage system for residential markets. With these products, Hanwha Q CELLS aims to take market leadership in the commercial & industrial (C&I) market segment in Turkey. Furthermore, the world´s largest producer of in-house solar cells plans to expand its business to cover the residential market in the long-term. Solarex 2018 will serve as an opportunity for Hanwha Q CELLS to promote its product portfolio within the Turkish solar market.

    In 2016, Hanwha Q CELLS ranked first in market share in Turkey. Furthermore, a 500 MW fully integrated photovoltaic manufacturing facility, which includes an R&D center, is now under construction in Ankara. The fully integrated manufacturing plant will start its mass production of PV products, including ingots, wafers, cells and modules, beginning of 2019. Once in operation, the modules produced in the factory will be used for the construction of the 1 GW solar power plant, which is to be built in Konya-Karapinar, Turkey.

    Seong Woo Nam, CEO of Hanwha Q CELLS said, “Hanwha Q CELLS is on a strong growth path in Turkey and in all major solar markets in Europe.” He added, “Turkish solar customers are looking for high performance and high quality from a stable and highly bankable partner. Hanwha Q CELLS will fulfill this demand with its diverse solar product portfolio and with an on-site manufacturing facility as well.”

    Website: http://eng.solarexistanbul.com

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd.

  • “Contracting for Solar Systems” Enables Access to Low-Cost Solar Power without Additional Capital Expenditure

    Mar 21, 2018 3:00:00 PM

    • Hanwha Q CELLS, ISM Energy and Stadtwerke Bitterfeld-Wolfen enable the customer’s participation in the energy transition without any capital expenditure
    • With “Contracting for Solar Systems,” small and medium-sized enterprises as well as building owners can reduce energy costs while maintaining the scope of investment
    • Thanks to “Contracting,” the Burchert Bakery in Bitterfeld-Wolfen will be able to reduce electricity costs via a 9.9 kWp solar system based on Q CELLS’ solar modules
    [Bitterfeld-Wolfen, 22nd March 2018]

    The Burchert Bakery in Bitterfeld-Wolfen will be able to reduce electricity costs using a 9.9 kW solar system on its roof. The special feature is: not a single cent has been invested by the company for the solar system. This is possible, thanks to the new business model "Contracting for Solar Systems" offered by public energy provider, Stadtwerke Bitterfeld-Wolfen, along with ISM Energy and Hanwha Q CELLS. Stadtwerke is acting as the customer's contract partner and energy supplier. ISM Energy is responsible for planning and installing the solar system, due for completion in April 2018. Hanwha Q CELLS is supplying high-performance solar modules from its renowned Q CELLS brand. In the future, the Burchert Bakery will obtain more than a quarter of its energy needs from the 31-module-strong solar system. Q CELLS will supply its top module, the Q.PEAK DUO-G5, which utilizes half-cell technology and touts output levels of 320 Wp. For surplus electricity that is fed into the grid, the bakery can receive the applicable feed-in remuneration. In return, it simply needs to transfer a monthly fixed lump sum to Stadtwerke Bitterfeld-Wolfen. No capital expenditure is required for the bakery. In this manner, small- and medium-sized businesses are now being given the opportunity to reduce their electricity costs effectively while sustainably procuring solar power without restricting their own investment scope.

    Local partners of renewable energies create broad access to energy transition

    With “Contracting for Solar Systems,” the partners Stadtwerke Bitterfeld-Wolfen, ISM Energy and Hanwha Q CELLS again demonstrate their combined innovative power and competence in the field of renewal energy solutions. The partners pursue the goal to make low-cost solar power accessible to broader sectors of the population. To this end, the three companies already implemented their first tenant electricity systems on residential buildings in the region in 2017. Here, tenants have been able to consume solar power from their own roof while saving costs. Further tenant electricity projects will be introduced this year. With the “Contracting” model, the next population group, small and medium-sized businesses as well as owners of residential buildings, will receive access to low-cost solar power without any layout of capital.

    Christian Dubiel, Managing Director of Stadtwerke Bitterfeld-Wolfen said: "Contracting for Solar Systems is very interesting for enterprises and building owners who would like to sustainably reduce their energy costs, but who do not necessarily have the funds for own capital investment. As Stadtwerke Bitterfeld-Wolfen, we are now offering our customers, beside the tenant electricity model, the next opportunity to participate in the energy transition with smart energy solutions."

    Tobias Schmidt, CEO of ISM Group, is excited about the new business model: "With the Contracting model, we as energy partner again demonstrate that we offer innovative, sustainable and profitable energy solutions to the people in Saxony-Anhalt and throughout Germany. The model is beneficial for all parties involved. I am sure that ISM Group together with its partners will enable access to low-cost and environmentally friendly solar power for many more enterprises."

    Mario Schulte, Account Manager of Hanwha Q CELLS, added: "Contracting for Solar Systems” works perfectly. It is a model of success not only in our region, but also throughout Germany and Europe. For the investor, an important aspect is to be able to use highly durable, powerful solar modules. With our Q.PEAK DUO-G5, which is based on half-cell technology, the Q CELLS brand offers the ideal solar module for this. “

    Profitable for everyone involved – this is how “Contracting for Solar Systems” works:
    Customer:

    -Does not contribute any investment
    -Receives as much electricity as possible from the solar system- Receives the latest applicable feed-in remuneration for surplus solar power
    -Pays simply a monthly lump sum to Stadtwerke Bitterfeld-Wolfen
    ​​​​​​​-Increases the value of its property and actively contributes to climate protection

    Stadtwerke Bitterfeld-Wolfen (Contract Partner)

    - Serves as the contract partner and the customer's power supplier
    - Bears 100% of the investment costs for the procurement and installation of the solar system as well as operation, service and maintenance
    - Handles all formalities, such as the application according to the German Renewable Energy Resources Act (EEG)
    - Pays for the insurance of the system against natural hazards

    ISM Energy (Installation Partner)

    - Designs the system, optimized to the customer's individual power consumption
    - Performs the complete procurement and installation of the system
    - Performs operation, service and maintenance of the photovoltaic system
    - Installs an energy storage device for the system on request

    Hanwha Q CELLS GmbH (Solar Module Partner)

    - Supplies high-performance solar modules "Engineered in Germany" for the system
    - The solar modules used have been developed at the Centre for Technology, Innovation and Quality in Bitterfeld-Wolfen.

    About Stadtwerke Bitterfeld-Wolfen GmbH

    Stadtwerke Bitterfeld-Wolfen range among the major economic factors in the region of Bitterfeld-Wolfen. They ensure the supply of electricity, natural gas, heat or drinking water for more than 20,000 customers. In addition, Stadtwerke Bitterfeld-Wolfen have extended their product portfolio in the past two years by various energy services to adjust to the market requirements. For example, thanks to their presence at two service centres in Bitterfeld-Wolfen, Stadtwerke demonstrate absolute customer proximity on a local basis. As a majority community-owned company, Stadtwerke Bitterfeld-Wolfen have a special responsibility for the municipality of Bitterfeld-Wolfen and its inhabitants. Stadtwerke offer qualified jobs, are a popular customer among local enterprises, strengthen the regional economic cycle with many other services and increase the quality of life for people in and around Bitterfeld-Wolfen. www.sw-bitterfeld-wolfen.de

    About the ISM Group

    The ISM Group, based in Bitterfeld-Wolfen, is one of the most successful and fast growing developers and installers of solar power plants in Germany. With over 500 MW of installed photovoltaic capacity in Germany and Europe and 30 MW of their own, the ISM Group has experience and expertise in all application areas - from private rooftop systems and flat roof solutions for commerce and industry, right up to large ground-mounted projects. Long-term reliability and care of the PV systems complete the profile of the ISM Group. For more information, visit: www.ism-group.de

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contacts:

    Stadtwerke Bitterfeld-Wolfen GmbH
    Thomas Glauer
    TEL +49 (0)3494 38 100
    E-MAIL [email protected]
    www.sw-bitterfeld-wolfen.de

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    E-MAIL [email protected]

    ISM GROUP
    Tobias Schmidt
    TEL +49 (0)3493 600 558
    E-MAIL: [email protected]
    www.ism-group.de

  • European Installers Rank Hanwha Q CELLS as a ´TOP BRAND PV` in EuPD Research Survey

    Mar 13, 2018 3:00:00 PM

    • Hanwha Q CELLS receives the Top Brand PV Seal 2018 for the fifth time in a row in Europe and for the third consecutive year in Australia.
    • Installers confirm Hanwha Q CELLS´ exceptional product quality and service
    • EuPD emphasizes Hanwha Q CELLS´ “sustainability in brand awareness, customer satisfaction, recommendation rate and market share”
    Bitterfeld-Wolfen, Germany, March 14, 2018

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the world´s largest producers of solar modules with high quality in-house solar cells, received the “Top Brand PV Europe Seal 2018” award for the fifth time in a row since 2014. EuPD Research awards The Top Brand PV seals based on the Global PV Installer Monitor, a representative survey among installers in various countries in Europe and selected additional markets around the globe. Participating installers in Germany, Austria, France, Italy and the UK confirmed that the Q CELLS brand offers exceptional products and service quality. Thus, the company not only received the Top Brand PV Seal 2018 in each of these countries, but also for all of Europe. Moreover, the company has received the seal for the third consecutive year in Australia.

    “First choice partner” of Installers in Europe and Australia

    Europe’s leading research firm, EuPD Research, confirmed the results of this year's Global PV Installer Monitor surveywhich clearly show that “Hanwha Q CELLS continues to maintain an exceptional market position in the leading European PV markets and in Australia.” Furthermore, the independent research institute emphasized that participating installers rated Q CELLS’ products positively compared to the competition.  

    Mark A. W. Hoehner, CEO at EuPD Research said, “As we have launched the 'Top Brand PV' scoring process and the resulting seal eight years ago, we can affirm that there are only very few companies like Hanwha Q CELLS that have been continuously able to reach the ‚Top Brand PV‘ Europe status over the last five years. That's a very good sign for sustainability in brand awareness, customer satisfaction, recommendation rate and market share.”

    “We are very pleased that the installers across Europe and in Australia are continuously maintaining trust in the company Hanwha Q CELLS and the products of our Q CELLS brand”, says Seongwoo Nam, CEO of Hanwha Q CELLS. “This confirmation from our customers spurs us in our mission to become the leading solar provider all over Europe and the synonym for performance and quality in solar.”

    List of recent awards underlines Hanwha Q CELLS´ leadership position

    The “Top Brand PV 2018 Seals” add to the list of awards received by Hanwha Q CELLS during the past 12 months. This underlines the company´s leadership position in terms of technology, quality and global market share.

    - Most recently, the Q.PEAK-G4.1 monocrystalline solar module with Q.ANTUM technology bagged the Smart HIT Award in Japan in 2017 as thepreferred solar module of residential customers in Japan. “Smart House Magazine”, who issues this award based on survey responses by PV distributors in Japan, emphasized that the module won due to its price competitiveness and well-balanced quality and cost.

    - The Q.PEAK DUO-G5 solar module with half-cut cells and Q.ANTUM-DUO technology won the company the “Solar + Power Award for Excellence – Innovation” in 2017.

    - Hanwha Q CELLS ranked as “Top Performer 2017” in the DNV GL PV Module Reliability Scorecard.

    - The innovative steel frame solar module Q.PEAK RSF L-G4.2 won three awards for Hanwha Q CELLS in 2017: The “Intersolar Award”, the “pv magazine top innovation award” and the “Solar Power Portal Product Innovation Award”.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    About EuPD Research Sustainable Management GmbH

    EuPD Research Sustainable Management GmbH is an international service provider focusing on B2B market research with a highly specialized multilingual interview center. EuPD provides its clients in Europe, Asia and the US with the entire range of qualitative and quantitative research services. With the help of in-depth market knowledge combined with methodological professionalism, EuPD provides practical, future-oriented business solutions and ensure that its clients receive a return on their research investment. EuPD’s continuous research has enabled it to develop particular skills in the field of renewable energy sources, particularly in the field of solar energy.

    TOP BRAND PV: How the Seal is awarded

    Through regular surveys, market researchers and pollsters of EuPD Research identify the preferences of PV installers worldwide when recommending module brands. The independent TOP BRAND PV Seal is based on an annual multi-level analysis of qualified statements in regards to brand perception, brand management and market penetration from installers and intermediaries.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

    Source: Hanwha Q CELLS Co., Ltd.

  • Hanwha Q CELLS to present half-cell module series Q.PEAK DUO-G5 at SolarSolutions in the Netherlands

    Mar 13, 2018 3:00:00 PM

    • High-performance, high-quality solar modules and solutions of the Q CELLS brand to be displayed at Expo Haarlemmermeer, Booth B12, from March 21 – 22, 2018
    • The Q.PEAK DUO-G5 module series, using half-cells and Q.ANTUM DUO technology, reaches up to 330 Wp and also offers an intriguing all-black version
    • Hanwha Q CELLS on a strong growth path in the Netherlands, together with its distribution partners ESTG and Home NRG
    Thalheim, Germany, Haarlem, Netherlands, March 15, 2018

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), the world´s largest solar cell producer (2017), today announced that it will present the solar modules and solutions of its renowned Q CELLS brand at SolarSolutions in the Netherlands from March 21 – 22, 2018. At Booth B12 in the EXPO Harlemmermeer, the company will highlight its brand new Q.PEAK DUO-G5 solar module series with half-cut-cells. The Q.PEAK DUO-G5 combines a whole range of technological innovation to reach maximum electricity yields and lowest LCOE (levelized cost of electricity). Monocrystalline half-cut cells with six bus bars and round wires, combined with the company´s proprietary Q.ANTUM DUO cell technology to achieve higher efficiency and minimized degradation, enable the Q.PEAK DUO-G5 to reach power classes of up to 330 Wp from 120 half-cells. The Q.PEAK DUO BLK-G5 with its outstanding all black visual appearance and power classes of up to 320 Wp is the ideal choice for home owners in the Netherlands.

    Together with its partners, Hanwha Q CELLS aims for market leadership in the Netherlands

    Customers in the Netherlands can buy the high performing Q CELLS solar products from the company´s distribution partners ESTG and Home NRG. Both distributors offer the whole range of Q CELLS solar modules, starting from the polycrystalline Q.PLUS series, to the monocrystalline Q.PEAK series, up to the monocrystalline top module Q.PEAK DUO series utilizing half-cell technology. Together with ESTG and Home NRG, Hanwha Q CELLS sees an abundance of opportunity in the growing solar market and aims to become the Netherlands’ market leader in 2018. “Solar customers in the Netherlands care for top performance, enduring quality and intriguing aesthetics”, said Jin Han, Head of Sales Benelux at Hanwha Q CELLS. “Q CELLS has exactly the right products and the distribution partners to satisfy the needs of our customers here.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Hanwha Q CELLS to promote its Q.PEAK DUO-G5 half-cells solar module series at MCE in Milano

    Mar 11, 2018 3:00:00 PM

    • Together with its Q.PARTNERS in Italy, Hanwha Q CELLS will promote its current solar solution portfolio at MCE from 13 to 16 March in Milano
    • The Q CELLS brand´s top-solar-module is the Q.PEAK DUO-G5 series with half-cut cells and Q.ANTUM DUO technology. It´s now available in Italy.
    • Q CELLS also offers storage solutions to residential customers in Italy
    [Milano, Italy, March 12, 2018]

    Hanwha Q CELLS, one of the leading solar solution providers for companies and homeowners in Italy, will promote its high quality solar solution portfolio at MCE trade fair in Milano from March 13 – 16. At MCE, the company, who ranked as the world´s largest producer of high-quality solar cells in 2017, will be present at the booths of its Q.PARTNERS, such as Sonepar, Vp Solar, Sistemi Fotovoltaici, Pm Service and Energia Italia. Together, they will present the solar module portfolio, flat roof applications and storage solutions of the company´s renowned Q CELLS brand, including highlights like the monocrystalline half-cell solar module series Q.PEAK DUO-G5 and the storage solution Q.HOME + ESS-G1. With its line-up of high performance solar modules – all based on Hanwha Q CELLS´ proprietary Q.ANTUM technology – and applications like the flat roof system Q.FLAT and Q.MOUNT as well as with various storage solutions, Hanwha Q CELLS aims to take market leadership on the Italian solar market in 2018.

    Maximized efficiency on all levels: Q.PEAK DUO-G5

    The Q.PEAK DUO-G5 solar module series combines a whole range of technological innovation to reach maximum electricity yields and lowest LCOE (levelized cost of electricity). Monocrystalline half-cut cells with six bus bars, the company´s proprietary Q.ANTUM DUO cell technology for higher efficiency and minimized degradation as well as round wires enable the module to reach power classes of up to 330 Wp from 120 half-cells. In Italy, the Q.PEAK DUO-G5 series is now on sale in two versions: The Q.PEAK DUO-G5 with up to 330 Wp and Q.PEAK DUO BLK-G5, featuring black back sheet and frame, with power classes up to 320 Wp.

    At MCE Hanwha Q CELLS representatives will be available in Hall2 at the booths of Sonepar (Stand N33 P34), Vp Solar (Stand: L33 M34), Sistemi Fotovoltaici (Stand: L39 M40), Pm Service (Stand: P51 R50) and Energia Italia (Stand: P39 R42).

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Hanwha Q CELLS Japan to reveal Q.PEAK DUO and Q.HOME series at PV EXPO 2018 in Japan

    Feb 25, 2018 3:00:00 PM

    • Q.ANTUM DUO technology provides several advantages – higher yields and system performance as well as lower installation costs and lower LCOE
    • Hanwha Q CELLS Japan will present Q.PEAK DUO, based on Q.ANTUM DUO technology, as well as Q.HOME series
    • Q.PEAK-G4.1 nominated as the preferred residential solar module in Japan
    [Tokyo, February 26, 2018]

    Hanwha Q CELLS Japan Co., Ltd. (hereinafter referred to as “Hanwha Q CELLS Japan” or the “Company”) will participate at PV EXPO 2018 in Tokyo, Japan between February 28 and March 2, 2018. PV EXPO is Japan’s largest trade show for the PV Industry. Some of the latest technologies, solar cells and modules from across the globe will be exhibited.

    During the exhibition, Hanwha Q CELLS Japan will introduce the new ‘Q.PEAK DUO’ solar module to the Japanese market. The company´s flagship module combines half-cell technology, six bus-bars and Hanwha Q CELLS’ proprietary Q.ANTUM DUO technology. Q.ANTUM DUO technology provides both the advantages of higher system performance as well as lower LCOE. In addition to the ‘Q.PEAK DUO’, Hanwha Q CELLS Japan will also introduce the new ‘HQJB-A series’ which is a hybrid energy storage system for residential markets. The ‘HQJB-A series’ enables customers to self-consume electricity and thus, the Company believes it will be successful in creating a new energy lifestyle for Japanese consumers.

    In 2016, Hanwha Q CELLS ranked second in market share in Japan. Furthermore, “Monthly Smart House,“ a Japanese PV magazine, awarded the Company´s ‘Q.PEAK-G4.1‘ monocrystalline Q.ANTUM module with the Smart HIT Award. This indicates that the product is the preferred residential solar module in Japan due to its "well-balanced quality and cost”. The Smart HIT Award for ‘Q.PEAK G-4.1‘ is meaningful as “Monthly Smart House” awarded it based on interviews conducted  with major distributors in Japan.

    Last year, Hanwha Q CELLS Japan executed a television commercial message (“TVCM”) with its brand ambassador of Japan, a renowned model in Japan, as part of promotion initiatives. This year, on the first day of exhibition at PV EXPO 2018, Hanwha Q CELLS Japan will host various events, including but not limited to a product-related talk show presented by the brand ambassador and presentations to elaborate on Hanwha Q CELLS’ new products and technologies as part of its business plans to heighten brand awareness of the Company through the events planned at PV EXPO 2018.

    [Main Products on Exhibition]

    Website: http://www.pvexpo.jp/en/

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS Corp.
    Corporate Communications
    Albert Park
    TEL +82 (2)729 3239
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd.

  • Q CELLS Solar Modules Cool the Fridge of Food Wholesaler in Italy

    Feb 1, 2018 3:00:00 PM

    • 367 kWp solar system equipped with 1.335 Q CELLS solar modules produces clean electricity at Headquarters of food wholesaler Polo in northern Italy
    • Up to 90% of around 410 MWh yearly production rate used to power Polo´s logistics center with its -25°C fully automatic frozen food service facility
    • With high performance solar modules from Q CELLS, solar self-consumption pays off for companies in commerce and industry in Italy – even without FITs
    [Toelo, Italy, February 2, 2018]

    Solar modules from Hanwha Q CELLS make the sun cool the fridge at food wholesaler Polo S.p.A. in northern Italy. The experienced Italian solar installer Omnia Energy 3 srl has built a 367 kWp solar system on various flat roofs at Polo´s Headquarters in Teolo, between Verona and Venice. Being equipped with Q CELLS’ 1.335 solar modules, the installations produce around 410 MWh of clean energy per year. Polo S.p.A. uses the solar electricity to power its logistics center and especially its unique frozen food service facility – a fully automated food logistics facility operated at a constant temperature of -25°C. By using 90% of the solar system´s electricity to operate its facilities, the food service provider for restaurants in northern Italy switches large parts of their energy consumption to self-produced and self-consumed solar energy. Thus, Polo S.p.A. responds to the challenge of environmental sustainability and increases its independence from rising electricity prices from the grid.

    The solar system´s payback period is estimated at less than four years, resulting in subsequent electricity cost savings of estimated 72,000 € per year. This consideration, as well as the fact that the modules’ performance guarantee and lifetime last up to 25 years and even beyond that, respectively, makes it apparent that PV systems not only help to improve the carbon footprint of companies in Italy, but also offer enormous economic saving potentials. One key to the attractive payback periods of Polo S.p.A. is to use high performance solar modules that provide strong yields over the system´s entire operation period. In order to achieve this, the modules´ performance in difficult conditions such as low light during dusk or dawn and in hot climates – for example, Italy – is an essential element.

    Mr. Galdino Peruzzo, President of Polo S.p.A. said: “We are glad about having partnered with Omnia Energy 3 and Hanwha Q CELLS in realizing our photovoltaic installation. Moreover, we´re very happy with our initial experiences with operating the system. The Q CELLS’ solar modules truly deliver on their promises. Thus, the solar system is an important step for making our company´s energy setup fit for the future – and that goes both, in ecologic and in economic terms.”

    Omnia Energy 3´s owner, Mr. Stephane Moretti, commented: “We are very pleased to realize yet another win-win solar installation with Hanwha Q CELLS. The Q CELLS brand offers high performance and high quality solar modules and that´s exactly what you need to create short payback periods and happy customers. That´s why Omnia Energy 3 likes to choose Hanwha Q CELLS as our module partner.”

    Alberto Nadai, Key Account Manager for northern Italy at Hanwha Q CELLS, said: “It is our pleasure to partner with Omnia Energy 3 and serve Polo S.p.A. to largely disconnect from rising electricity prices via solar energy. The environmental effect of a solar system is undisputed. However, it is not crucial for convincing companies in northern Italy to go solar with our modules. Truly, the economics of our high performance Q CELLS modules speak for themselves.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    About Omnia Energy 3 Srl

    Omnia Energy 3 Srl is a leader in the sector of renewable energies and in particular in the photovoltaic systems in the Northern-East of Italy. The features that distinguish ourselves are reliability and accuracy in the development of our business. The quality is guaranteed through the employment of solutions at the vanguard and by the professional competency of our team. Our slogan summarizes our objectives: Save, Produce, Manage.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

    Hanwha Q CELLS Solar System Polo SpA

  • Hanwha Q CELLS launches Q.ANTUM half-cell solar module series in Europe

    Jan 24, 2018 3:00:00 PM

    • Q.PEAK DUO-G5 with power classes up to 330 Wp and Q.PEAK DUO BLK-G5 with up to 320 Wp now available for European solar customers
    • Monocrystalline half-cut Q.ANTUM cells with six bus bars and round wires maximize energy yields and optimize LCOE
    • Q.ANTUM technology ensures superior real life performance thanks to minimizing degradation effects – especially LID and LeTID
    Thalheim (Bitterfeld-Wolfen), Germany, January 25, 2018

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), the world´s largest solar cell producer (2017) today announced that its first solar module series with monocrystalline half-cut solar cells is now available for customers in Europe. The Q.PEAK DUO-G5 series combines a whole range of technological innovation to reach maximum electricity yields and lowest LCOE (levelized cost of electricity). Monocrystalline half-cut cells with six bus bars, the company´s proprietary Q.ANTUM cell technology for higher efficiency and minimized degradation as well as round wires enable the module to reach power classes of up to 330 Wp from 120 half-cells. In Europe, the Q.PEAK DUO-G5 series is now on sale in two versions:
    The Q.PEAK DUO-G5 with up to 330 Wp and Q.PEAK DUO BLK-G5, featuring black back sheet and frame, with power classes up to 320 Wp.

    Maengyoon Kim, EU Sales Head at Hanwha Q CELLS said: “European solar customers now have the chance to purchase, what we believe to be the best product in terms of Euro per kWh on the market today.” He added: “Its price performance ratio will make the Q.PEAK DUO-G5 series enormously attractive to residential customers as well as to small and mid-sized companies who seek to effectively lower their energy bills with solar power. This product will be a driver behind
    Hanwha Q CELLS´ attempt to become the clear solar market leader in Europe in 2018.”

    Daniel JW Jeong, Global CTO of Hanwha Q CELLS commented: “We are very proud to be the first company to present a mass produced monocrystalline half-cell solar module to European markets. Even more importantly, the Q.PEAK DUO-G5 series sets the new benchmark for achieving lowest LCOE for the customers.” He added: “In order to reach that, the module combines our latest technological innovation, both on cell and on module level. Thus, the Q.PEAK DUO-G5 is a very strong statement for the technology leadership of Hanwha Q CELLS in solar industry.”

    Maximized efficiency on all levels: Q.PEAK DUO-G5

    In order to increase yields by reducing resistive losses on cell and module levels, the Q.PEAK DUO series features half-cut solar cells with six bus bars. Round wires cast less shadows on the cells and even reflect some light back onto the cell. Finally, Hanwha Q CELLS´ proprietary Q.ANTUM technology maximizes the efficiency on cell level. On top of the rear side passivation of the solar cell (PERC), Q.ANTUM offers many additional features that differentiate it from conventional PERC. An especially notable feature is that Q.ANTUM technology controls the degradation effects of LID (light induced degradation) and LeTID (light and elevated temperature induced degradation), which can severely reduce the performance of conventional PERC solar modules not only in the first phase of operation, but also throughout its lifetime. Therefore, it is critical for PV customers to select a module manufacturer who understands and controls these effects.

    In this sense, the Q.PEAK DUO-G5 module series not only impresses with high power ratings on paper, but also excels performance in real life conditions. Hanwha Q CELLS underscores this fact by providing a 12-year product warranty — complemented by exclusive performance warranties of 98 % in the first year, a minimum of 93 % within 10 years and still 85 % after 25 years.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

    Hanwha Q CELLS Q.PEAK DUO BLK-G5 klein

    Hanwha Q CELLS Q.PEAK DUO-G5 klein

  • Hanwha Q CELLS Launches Professional Ladies Golf Team

    Jan 16, 2018 3:00:00 PM

    • Nine professional golfers to start for the official Hanwha Q CELLS golf team on the LPGA World Tour, the KLPGA Tour (Korea) and the JLPGA Tour (Japan)
    • Partnership promises to benefit both the golf team and brand awareness for Hanwha Q CELLS and Q CELLS
    • LPGA World Tour will bring the golf team to key solar markets for Hanwha Q CELLS such as USA, Europe, Japan, China and Korea
    Seoul, South Korea, January 17, 2017

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (NASDAQ: HQCL), one of the world’s largest photovoltaic manufacturers of high-quality, high-efficiency solar modules, announced that it has officially launched the Hanwha Q CELLS Ladies Golf Team. In a press conference held at the Seoul Plaza Hotel on January 4, 2018, the company introduced this new sports sponsorship and presented the team´s line-up for 2018. Hanwha Q CELLS acquired this sports sponsorship opportunity from its mother company, Hanwha Group, which has been sponsoring the golf team since 2011. Hanwha Q CELLS, the world´s largest solar cell manufacturer (2017), will use this opportunity to promote the company and the Q CELLS product brand of leading technology in some of the major solar markets, which are also part of the LPGA World Tour. In return, the support and brand power of Hanwha Q CELLS will also create positive effects for the golf team and its players.

    The current line-up of the Hanwha Q CELLS golf team consists of 9 professional players from Asia and Europe who will start in the LPGA World Tour, the KLPGA Tour in Korea, or the JLPGA Tour in Japan. The players for the LPGA Tour are In-Kyung Kim, Eun-Hee Ji, Haru Nomura, Jenny Shin, and Nelly Korda. Min-Young Lee and Chae-Young Yoon will play in the JLPGA Tour, while Ji Hyun Kim and new member Jung-Min Lee will play in the KLPGA Tour. Together, they have bagged a total of 22 victories in international golf tournaments, with 10 victories in 2017 alone. The fact that the golfers achieved these victories after having joined the Hanwha golf team, strongly underlines how systematically and successfully Hanwha supports their golf team partners. 

    Hanwha Group and Hanwha Q CELLS have a strong history of successful sport sponsorships. Hanwha Q CELLS currently is an international partner of the rising German football club, RB Leipzig, who has reached the UEFA Champions League after only their first season in the German football Bundesliga. Past partnerships with sports names like the San Francisco Giants, Juventus Turin or Hamburger SV have all contributed to increasing the brand awareness for Hanwha Q CELLS in key solar markets. In 2018, the company has ambitious targets in its solar business and will proceed to actively promote its brand via various sports marketing activities with its golf team. The company´s CEO, Sungwoo Nam, said, “Hanwha Q CELLS considers sports as a marketing platform for strengthening our market position.” He added, “We will actively practice sports marketing targeting main markets of our business.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS
    Albert Park, Global Brand & Communication
    TEL +82-2-729-2012
    EMAIL [email protected] –qcells.com

    Source: Hanwha Q CELLS Co., Ltd

  • Hanwha Q CELLS – Kalyon Enerji Joint Venture Starts Construction of 500 MW Fully Integrated Photovoltaic Manufacturing Facility in Turkey

    Dec 21, 2017 3:00:00 PM

    • Official ground-breaking ceremony attended by Turkish Prime Minister Binali Yildirim and Minister of Energy and National Resources Berat Albayrak on Thursday, December 21, 2017.
    • 500 MW of fully integrated photovoltaic manufacturing facility together with on-site R&D center
    • Solar modules from the manufacturing facility to equip 1,000 MW YEKA solar power plant in Turkey
    ANKARA, Turkey (December 22, 2017)

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (NASDAQ: HQCL), one of the world’s largest photovoltaic manufacturers of high-quality, high-efficiency solar modules, announced that it held a groundbreaking ceremony for the construction of 500 MW of fully integrated photovoltaic manufacturing facility in Ankara, Turkey on December 21, 2017.

    The new production facility is result of the Karapinar Renewable Energy Resource Area (“YEKA”) tender, which the Turkish government had awarded to the consortium of Hanwha Q CELLS and Kalyon Enerji in March 2017. In addition to the manufacturing facility, Hanwha-Kalyon joint venture will also establish on-site R&D center to carry out various R&D projects in solar technology. The manufacturing facility will be fully integrated from ingot, wafer, cell and module processes, and once completed, the module produced from this facility will be used for the construction of the 1,000 MW (AC) solar power plant to be built in Konya-Karapinar, Turkey, the largest single-site plant in the world.

    Hanwha Q CELLS will implement its proprietary Q.ANTUM high efficiency solar cell technology. Q.ANTUM technology boosts the real life yields from a solar system, by applying a passivation layer on the solar cells back side (PERC), by adding various technological features, like Hot-Spot Protection and TRA.Q laser marking and by controlling the various degradation effects (PID, LID, LeTID). Hanwha Q CELLS has vast experience in the PERC cell technology and reached the milestone of 1 billion mass production of Q.ANTUM solar cells in the summer of 2017.

    “Today, we lay the foundation for the future of energy technologies and enrich renewable alternative energy sources in Turkey”, says Turkish Prime Minister Binali Yildirim. “YEKA project is one of the most ambitious energy projects in the world today, and can only be realized by high competencies and expertise by Hanwha Q CELLS, a global leader in solar power, and Kalyon, a leader in construction and infrastructure projects.”

    Seongwoo Nam, CEO of Hanwha Q CELLS said “Hanwha Q CELLS is proud to be joining forces with the government of the Republic of Turkey and Kalyon Enerji. We will contribute our manufacturing expertise as well as our technology leadership. We are fully committed to execute this YEKA project successfully leveraging combined competencies of Hanwha Q CELLS and Kalyon Enerji and to make it an important milestone on Turkey´s path towards sustainable energy supply for the people of Turkey.”

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Hanwha Q CELLS
    Albert Park, Global Brand & Communication
    TEL +82-2-729-2012
    EMAIL [email protected] –qcells.com

    Source: Hanwha Q CELLS Co., Ltd

  • Three Recently Launched Solar Tenant Energy Projects Advance Energy Turnaround for Tenants in Saxony-Anhalt, Germany

    Dec 17, 2017 3:00:00 PM

    • Tenants of three residential properties in Germany benefit from cheap, clean solar energy from the roof of their tenement buildings
    • Systems realized by collaboration between the municipal utility Stadtwerke Bitterfeld-Wolfen, the ISM Group and Hanwha Q CELLS
    • Tenant solar energy in Germany is a win for everyone involved and paves the way for new solar business models open to everyone
    [Bitterfeld-Wolfen, December 18, 2017]

    In 2017 the partners – Stadtwerke Bitterfeld-Wolfen, the ISM Group and Hanwha Q CELLS – set up the first tenant energy plants on residential properties belonging to the Wolfen Housing Association in Saxony-Anhalt, Germany. ISM Energy (an affiliate of ISM Group) planned and built the systems, Stadtwerke Bitterfeld-Wolfen owns and operates them, and Hanwha Q CELLS delivered its high-power solar modules. The tenants are supplied with both the solar electricity and residual electricity from the grid operated by Stadtwerke Bitterfeld-Wolfen. The solar power systems have a total capacity of 110 kW and are equipped with 394 Q CELLS Q.PLUS-G4 solar modules, each with 280 Wp and Q.ANTUM technology. The systems will produce around 107,000 kWh of clean solar power per annum and supply 48 households with cheap solar energy.

    Tenant Energy: A Budding Solar Business Model in Germany

    Tenant energy combines locally produced direct solar power and grid power into an electricity package for private and business end users in Germany. Unlike for supply solely via the grid, no energy tax and other fees associated with use of the municipal power grid have to be paid for the directly produced and consumed solar energy. Additionally, the system operator receives a grant for the direct energy sold. As a result, the electricity is offered to the tenants at a considerably lower price than that for the basic supply, and it is therefore economically advantageous for home-owners and tenants, as well as the energy provider.

     

    Stadtwerke Bitterfeld-Wolfen was apprised to identify the opportunity of tenant energy and had already started to develop its own tenant energy scheme even before the new Tenant Energy Act (Mieterstromgesetz) came into force in July 2017. Tenant energy helps strengthen local economic cycles, increases local value creation and yields positive effects for the region. This is why the three high-performing partners, Stadtwerke Bitterfeld-Wolfen, the ISM Group and Hanwha Q CELLS, came together in Bitterfeld-Wolfen in order to implement the joint tenant energy projects in the region. The high quality-related expectations of the three partners and the successful collaboration on the first three projects will be the basis for future collaboration. In 2018, the partners will collaborate to equip other housing associations in the region with solar energy systems. Tenant energy systems are also planned for new builds.

     

    Sabine Barth, Board Member of the Wolfen Housing Association, said, “We are delighted to be able to offer our tenants low energy costs through collaboration with strong partners from the region. In addition to boosting our image, the solar energy systems have increased the value of our properties and made them particularly attractive to future tenants thanks to the lower energy costs.”

    Christian Dubiel, Managing Director at Stadtwerke Bitterfeld-Wolfen, said, “For the municipal utility, this has opened up new, attractive business areas in the field of energy services – not to mention increasing customer loyalty through the contractual relationship with the tenants. We can also see significant potential in linking sectors in the fields of electricity, heating, and electrical mobility."

     

    Tobias Schmidt, CEO of ISM Group said, “For the ISM Group, tenant energy is a significant growth area. Together with our regional partners, ISM will provide thousands of tenants in our region with access to cheap and environmentally-friendly solar energy in the coming years.”

    Mario Schulte, Account Manager at Hanwha Q CELLS, added, “We are delighted that our solar modules are finally making environmentally-friendly and cheap solar energy available to tenants in our region and in Germany. The high performance and energy yield from Q CELLS solar modules thus play a crucial role in obtaining the maximum yield from the available roof space. We are looking forward to more tenant energy projects in the next year.”

    Contact:

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121                 
    EMAIL [email protected]

  • 100 kW Flat Roof Solar System of Hanwha Q CELLS Produces Clean Energy on Roof of German Fire Protection Specialist

    Nov 29, 2017 3:00:00 PM

    • Photovoltaic system with east-west orientation and performance ratio of more than 86%
    • Q.FLAT-G4, the self-developed Q CELLS flat roof system, lowers energy costs for commercial and industrial (C&I) businesses
    • Q.PLUS solar modules with Q.ANTUM technology boast greater yield and lower electricity production costs
    [Thalheim, Germany, November 30, 2017]

    A 100 kW Q.FLAT-G4 photovoltaic flat roof system has been installed on the roof of the fire protection company Nagel GmbH in Bitterfeld-Wolfen, Germany. The flat roof solution Q.FLAT-G4 combines Q CELLS solar modules with a customised substructure. The system consists of 356 Q.PLUS-G4 solar modules with 280 Wp and Q.ANTUM technology. With a performance ratio of 86%, the system is designed to produce more than 80,000 kWh of clean energy per year and reduce CO2 emissions by 500 kg. Roeder Solar GmbH, headquartered in Halle, planned and installed the system with east-west orientation. Over the past 13 years, the company has installed more than 1,200 solar energy systems in central Germany. Roeder Solar GmbH is a Q.PARTNER, a company within the Hanwha Q CELLS installer network.

    Q.FLAT-G.4 - Maximise yield, minimise power generation costs

    The Hanwha Q CELLS system solution Q.FLAT-G4 forms the basis for the system in Bitterfeld-Wolfen. Q.FLAT-G4 is much more than just a substructure. The experts at Hanwha Q CELLS optimised it specifically for the use of high-performance modules of the Q CELLS brand. Therefore, the system is only compatible with Q CELLS modules. A major advantage of Q.FLAT-G4 is the quick and easy, but safe installation, which does not require any penetration of the roof structure. The system produces nearly the same amount of energy, regardless of its orientation, which allows maximum use of the roof surface. In combination with Q CELLS’ high-performance modules with Q.ANTUM technology, Q.FLAT-G4 maximises the system yield, giving the customer an optimum self-consumption rate. That is what makes Q.FLAT-G4 the comprehensive solution for flat roofs, including planning, documentation, delivery and installation by a certified Q.PARTNER company.  Hanwha Q CELLS first presented the flat roof solar solution at the Intersolar Europe trade fair in June 2017.

    Dirk Musold, Managing Director of Röder Solar GmbH, said, “With the Q CELLS ROOFTOP PLANNER, system planning and documentation is quick and easy—just like the installation itself, which only requires one type of tool.”

    Mario Schulte, Key Account Manager at Hanwha Q CELLS, said, “We are delighted about successfuly completing ofthe first Q.FLAT-G4 project in Germany.  In general, it makes a lot of sense for industrial and commercial businesses to switch their energy consumption to self-produced solar energy.  This way, they save money in the long term while also becoming more sustainable. Q.FLAT-G4 is the ideal solution for this purpose. The high performance rate, reliability and outstanding energy yield of Q CELLS’ modules in low light and high temperatures are what set them apart from the rest.”

    Watch a time-lapse video of the installation by clicking here.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • GGGI Energy Forum 2017 organized by GGGI and Hanwha Q CELLS was held in Seoul to promote accelerated adoption of green energy globally

    Nov 23, 2017 3:00:00 PM

    • GGGI serves as a platform for energy experts, politicians and companies for global energy transition discussions.
    • 100% renewable electricity supply is feasible and, in addition, more economic than the current energy model.
    [Seoul, Republic of Korea, November 24, 2017]

    On November 24, 2017, the Global Green Growth Institute (GGGI) and Hanwha Q CELLS held the GGGI Energy Forum 2017 in Seoul. Under the theme of “Green Energy – Energizing a Sustainable World,” the GGGI Energy Forum serves as a platform for energy experts, politicians and companies from various nations to discuss the world’s transition to 100% renewable energy. The aim is to share knowledge, expertise and experiences in green energy, renewables, and finance.

    With continually decreasing renewables prices, the global energy transition is progressing at a faster rate than the world has expected. Already, wind and solar are the cheapest sources of electricity, with storage technology to soon follow. Disruptive technology improvements in the renewable energy sector and the search for practical solutions to climate change, air pollution, poverty, and refugee crises are accelerating the process.

    The GGGI Energy Forum started with keynote speeches, followed by an interactive discussion among the participants, who shared how their respective countries are making transitions to low-carbon and renewable economies.

    One highlight was the presentation by the South Korean government on the policy shift towards alternative sources of energy. Currently, renewable energy, such as solar and wind power, accounts for just 2 percent of South Korea’s electricity production, while coal-fired power plants and nuclear reactors generate about 40 and 30 percent, respectively. The Moon Jae-in administration is making a strong push to increase the share of renewables considerably.

    Hans-Josef Fell, President of the Energy Watch Group and member of the German Parliament from 1998 to 2013, gave an inspiring speech on his experience of working on the Renewable Energy Sources Act or Erneuerbare-Energien-Gesetz (EEG) and sharing his views on how South Korea can phase out nuclear energy and make a transition to renewables. He commented that “Effective climate protection needs a global transition to a zero emission economy in just a few decades. A global transition to 100% renewable electricity is feasible at every hour throughout the year and is also more cost effective than the existing fossil and nuclear system. This is the result of a study by Energy Watch Group that what was presented recently at COP-23 in Bonn, Germany.”

    About Global Green Growth Institute (GGGI)

    The Global Green Growth Institute (GGGI) is a treaty-based international organization headquartered in Seoul, Republic of Korea. The organization aims to promote green growth, a growth paradigm characterized by a balance of economic growth and environmental sustainability. GGGI provides research and stakeholder engagement for green growth plans, especially in developing countries, aiming to replace the more typical paradigm based on industrial development. Founded to support green economic growth that simultaneously addresses poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI supports stakeholders through the delivery of comprehensive products and services designed to assist in developing, financing, and mainstreaming green growth to support the implementation of national economic development priorities and international commitments.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Albert Park, Global Brand & Communication
    TEL +82-2-729-2012
    EMAIL [email protected] –qcells.com

  • Q CELLS Solar Modules Power Bakery With Electricity

    Oct 29, 2017 3:00:00 PM

    • Traditional bakery cuts back electricity costs using solar power system from Q CELLS modules with approx. 100 kW output
    • Share in self-consumption over 80 percent
    • Solar self-consumption remains sensible for industrial and commercial companies now and in the future
    [Neustadt / Thalheim, Germany, 23/02/2015]

    The Germany-based bakery and confectionery company Seßelberg-Betriebs-KG relies on self-consumption of solar power. The company from the North German town of Neustadt/Holstein-Ostsee, started operating two PV plants with a total output of 99.5 kilowattpeak on the roofs of the administrative buildings and baking facilities several weeks ago, as announced by the bakers’ guild member and Hanwha Q CELLS today. The Seßelberg bakery is using the rooftop solar applications, constructed of Q CELLS modules, to reduce its operating costs. The selfconsumption systems produce around 81,000 kilowatt hours of clean energy a year. This is enough to power about 20 homes yearly. The bakery uses over 80 percent of the total amount of electricity to run its baking facilities and for supplying power to its administrative buildings. In other words: even without a storage system, the plant still achieves a very high share in self-consumption. Plus, CO2 emissions are reduced by approx. 50 tons. The international PV supplier delivered around 400 high-performance Q CELLS Q.PRO G-3 solar modules of the 250 watt-peak (Wp) power class. The plant was constructed by installation company dibu energie, Jan Bruhn.

    25 percent savings on electricity as a cost factor

    Hanwha Q CELLS is supporting commerce and industry in cutting their electricity costs and in taking an active role in climate protection. The project in the German federal state of Schleswig-Holstein is yet another example. Master baker Andreas Seßelberg owns the plant and says, "For me, it's about energy optimization. And about making baked goods using the energy of the sun." Seßelberg, who holds a degree in Trade Business Administration, goes on to say, "We save 25 percent of the electricity costs in the long run." Jan Bruhn, owner of dibu energie, headquartered on the island of Fehmarn says, "We chose to partner up with Q CELLS, because the quality is right. Getting ahead through innovation is more important than ever today." 
    Fixed FiT are becoming less common in Germany and being phased out in Europe overall. At the same time, energy prices are going up, for example, in Germany. This is increasing the attraction of selfconsumption of solar energy more than ever, especially since grid parity is attained in many countries. "We are pleased to be working productively with a company like the Seßelberg traditional bakery. We're demonstrating that the use of self-generated solar power makes a lot of sense for a wide variety of economic sectors," says Marco Schweitzer, who is responsible for Hanwha Q CELLS’ sales activities in the federal state of Schleswig-Holstein. "Despite the amendment of the Renewable Energy Act, we still see major opportunities for the self-consumption business model. With power from their own PV plant, the electricity costs of energy, commercial and industrial enterprises are dropping for the long term. We’ll resolutely expand  this customer segment in the future," adds Michael Geib, Hanwha Q CELLS’ Head of Sales for the DACH region. 
    The bakery uses its own grain mixes, prepares its own sourdough every day and relies on its own quality products, for example, the “coast guys”.

    About dibu energie, Jan Bruhn

    In addition to the planning, selling and installation of PV plants the company dibu energie offers the entire range of services regarding PV plants. This includes, inter alia, energy storage, reactive power compensation, medium-voltage systems, energy efficiency concepts, load profiles, energy solutions for commercial enterprises and heat pumps. Furthermore, the company also offers its customers reporting of system performance, on-site plant monitoring monitoring systems for plants of every size, service contracts for plants of every size, characteristic line measurement of roof generators, mobile quality control / thermography / electroluminescence and performance measurement, management of claims, repowering of unprofitable plant parts, maintenance & repair of solar and storage systems. The company is certified service partner of leading inverter manufacturers. Contact details: WEB www.diebu-energie.de EMAIL [email protected]

    Contact

    Hanwha Q CELLS 
    Corporate Communications 
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com/en/company/press.html

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995.These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise

  • Hanwha Q CELLS supplies 10 MW modules to actensysSolar Park Körbelitz II in Saxony-Anhalt

    Oct 25, 2017 3:00:00 PM

    • 36,360 Q CELLS solar modules produce sustainable electricity for around 2,500 households in the Körbelitz region
    • Q.PLUS solar modules with Q.ANTUM technology boast higher yields and lower electricity production costs
    [Seoul, Republic of Korea, November 24, 2017]

    Hanwha Q CELLS GmbH, German subsidiary of the world’s largest producer of 100% inhouse solar cells and modules, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), and actensys GmbH commissioned the 10 MW Körbelitz Solar Park II in the Jerichower Land district of Saxony-Anhalt in spring 2017. actensys GmbH developed, planned and built the photovoltaic power plant in three weeks of construction. Hanwha Q CELLS supplied around 36,360 Q.PLUS BFR-G4.1 photovoltaics modules with Q.ANTUM technology. A total of 24 SolarMax TS-SV 360 central inverters feed solar power into the medium voltage grid. The plant will produce around 11,000 MWh of clean energy a year, saving almost 6,000 tonnes of CO2.


    Roman Jehle, Projects Manager at actensys GmbH said: “actensys GmbH is an experienced solar developer with around 3,000 planned and installed solar projects and a total output of 200 MW under their belt. The Solar Park Körbelitz II is another successful example of how photovoltaic plants pay off in Germany. Professional planning, seamless and careful plant constructions and, in particular, the performance and quality of the solar modules are all crucial for maximum profitability. The outstanding energy yield of Q CELLS modules in low light and high temperatures and their reliability really make the key difference.”


    Christian Hauser, Key Account Manager at Hanwha Q CELLS said: “We would like to thank actensys GmbH for trusting us with this major project. actensys has a great deal of experience and expertise in solar projects. We share their high standards for quality and sustainable project success, which is why we are looking forward to continuing and expanding this successful collaboration.”

    About actensys GmbH

    Active energy systems (actensys) stands for innovative and sustainable energy solutions. This growing company led by Martin Weißenfels was founded in 2008 as a photovoltaics engineering firm. Energy production from renewable sources and also intelligent building networks and energy management, plus integrated energy use, are the core skills of actensys GmbH. actensys emphasises quality, innovation and foresight coupled with short response times when planning, realising and servicing rooftop and ground mounted solar systems, as well as when it comes to energy management. More at: http://www.actensys.de

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: ww.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Hanwha Q CELLS Powers Manufacturing Plant of CN Industries in France with Q.FLAT-G4.1 Flat-Roof System

    Oct 9, 2017 3:00:00 PM

    • 84 kW photovoltaic system in East-West orientation enables CN Industries´ high self-consumption rate of 70%
    • Photovoltaic self-consumption bears great potential for commercial and industrial companies and municipalities in France
    • Q.FLAT-G4.1 maximizes system yields and minimizes LCOE on flat roofs
    [Thalheim, Germany / Auvergne, France, October 10, 2017]

    A 84 kW Q.FLAT-G4.1 photovoltaic system powers the manufacturing plant of doming specialist CN Industries in France. Hanwha Q CELLS GmbH provided the complete flat roof solution Q.FLAT-G4.1 for the installation, which comprises of 280 Q.PEAK-G4.1 300 Wp modules as well as a tailor made mounting system. The German subsidiary of the world´s largest producer of high performance solar cells, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), first launched Q.FLAT-G4.1 at Intersolar Europe 2017. The system has been designed to maximize system yields and lower LCOE (Levelized Cost of Electricity) on limited flat roof spaces regardless of the system orientation. In the case of CN Industries in the French Auvergne region, the 84 kW solar system has been installed in east-west orientation and is expected to produce around 116.280 kWh of clean electricity per year. This will enable the company to use around 70% of the self-produced solar electricity to power its doming production and save up to 5.218 kg of CO2 per year. Hanwha Q CELLS partner Systèmes Solaires, one of the most experienced installers in France, designed, and constructed the rooftop installation.

    The second installation phase will extend the system to a carport, where Q CELLS solar modules will increase the total system size to 112 kWp. Moreover, a large energy storage will help to reach an energy autonomy rate of 72% for the plant.

    Clément Neyrial at CN Industries said: “The self-consumption of solar energy through our new Q.FLAT-G4.1 rooftop installation helps us, both ecologically and economically. We´d like to thank our partners Systèmes Solaires and Hanwha Q CELLS for providing quality work and a high quality solar system solution.”

    Rafael Soto, Sales Manager for Hanwha Q CELLS in France said: “In France and basically all over Europe, self-consumption of solar energy makes a lot of sense for companies in industry and commerce. Our Q.FLAT-G.4.1 flat roof system equipped with high efficiency solar modules from Q CELLS is the ideal combination to maximize energy yields and returns on investment for the customer.”

    Q.FLAT-G.4.1– maximized yields and minimized LCOE, even from difficult flat roofs

    The Q.FLAT-G4.1 flat-roof system is the central element of Hanwha Q CELLS system offering for flat roofs of commercial, industrial and public customers in Europe. It is a lot more than just a support structure for flat roof systems. Being perfectly adapted to Q CELLS´ high efficiency solar modules, Q.FLAT-G4.1 offers a complete one-stop shop system solution, including planning, documentation, delivery and installation. The biggest advantages of a Q.FLAT-G4.1 system are its fast, simple and secure installation without roof penetration, the flexible orientation options as well as maximum yields coming from solar modules based on Hanwha Q CELLS´ proprietary Q.ANTUM cell technology for higher efficiency and lower LCOE.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    About Systemes Solaires

    Systèmes Soliaires is specialized in the installation of photovoltaic power plants since 2006. With this background Systèmes Solaires today is the reference photovoltaic in Auvergne and Grand Center with more than 1,700 installations.

    Based in Cournon d'Auvergne, near Clermont-Ferrand in the Puy-de-Dôme, its zone of activity extends to the Auvergne and its neighboring departments.

    About CN Industrie

    Based in Auvergne, in the heart of France, CN Industrie runs the largest doming factory in Europe. On the inside, the factory is kept free from dust, and at a constant temperature and humidity level. In this manufacturing base, all sorts of doming are carried out, from Micro Doming over to Maxi Doming – all with the best possible manufacturing times.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Hanwha Q CELLS Japan Surpasses 3 GW Milestone of Accumulated Solar Module Shipments in Japan since 2011

    Sep 20, 2017 3:00:00 PM

    • 3 GW milestone surpassed after only 6 years of operation in the country
    • Hanwha Q CELLS already ranked second in yearly module shipments of 2016 and continuing growth
    • Q.PARTNERS network with over 700 companies and Q.MAX series are success drivers in commercial and residential market segments
    [Tokyo, Japan, September 21, 2017]

    Hanwha Q CELLS Japan, the Japanese subsidiary of the world’s largest producer of 100% inhouse solar cells and modules, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), today announced to have surpassed the milestone of accumulated solar module shipments of 3 GW in Japan in the second quarter of 2017. The company entered the Japanese solar market in August 2011. Only two years later, in 2013, Hanwha Q CELLS Japan was already the largest foreign solar product provider in Japan. In 2016, Hanwha Q CELLS shipped 700 MW of solar modules in Japan, ranking second among the solar suppliers in the country and accounting for 10% of market share in Japan. According to the International Energy Agency (IEA), the total amount of solar modules installed in Japan by the end of 2016 was 42.8 GW, of which 7% was supplied by Hanwha Q CELLS Japan. Hanwha’s market share in Japan climbed to about 15% in the second quarter of 2017. Hanwha Q CELLS Japan aims for another record year in the country.

    Hanwha Q CELLS Japan addresses the needs of customers in commercial and residential markets

    The constant success of Hanwha Q CELLS in the Japanese solar market is based on the superior performance and quality of its “Engineered-in-Germany” solar products and on Hanwha Q CELLS Japan’s high versatility to flexibly adapt to the unique and dynamic market conditions of Japan. After the years of Feed-In-Tariff (FIT) driven solar business and large-scale projects in Japan, Hanwha Q CELLS Japan adapted very quickly to the falling FIT. The company continuously cultivated its Q.PARTNERS network of installers and sales agents and created solutions for the specific needs of Japanese companies as well as residential customers. The popular Q.MAX series contributed a lot to the success in the commercial segment – an assortment of devices including power conditioners, frames, and racks, of which the adoption lowers the barrier to enter into solar power systems, and shows the commercial value of solar power.

    Seung Woo Nam, CEO of Hanwha Q CELLS Co., Ltd., said: “We are very proud to be continuously increasing our success in Japan. Being the second largest provider of solar systems in Japan is especially meaningful, because the criteria for product performance and quality are extremely high in the country. Having met the needs of a market with such high standards, we are confident that the performance and quality of our products can convince anyone, anywhere.”

    Jong Seo Kim, President of Hanwha Q CELLS Japan said: “We are very happy about our development in Japan during the last couple of years. However, we’ve only just begun. We will continue to work very hard in order to serve even better solar products and solutions for the needs of our valued customers in Japan in the future.”

    About Hanwha Q CELLS Japan

    Hanwha Q CELLS Japan was established in 1984 as a Japanese subsidiary of South Korea’s leading enterprise, Hanwha Group, and commemorated its 30th anniversary in February 2014. Hanwha Q CELLS Japan conducts exportation, importation in Asia and sales in the Japanese market for various key industries, such as solar energy (photovoltaic module importation and IPP), chemicals, iron, steel, mechatronics, manufacturing facilities, automotive components and IT products. Hanwha Q CELLS Japan entered the PV business in 2011 and became a Top 3 PV manufacturer in Japan based on shipment volume in 2016.

    For more information, visit: www.q-cells.jp/

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS Japan
    DI SHIN, Junichi Katayama
    PV Marketing
    TEL +81 3 5441 5928
    EMAIL [email protected][email protected]

    Source: Hanwha Q CELLS Co., Ltd

  • World Premiere: Hanwha Q CELLS to Introduce High-End Q.ANTUM Solar Module Series Q.PEAK DUO with Half-Cell Technology at SPI 2017

    Sep 5, 2017 3:00:00 PM

    • At booth No. 3937, Hanwha Q CELLS will present its full portfolio of Q.ANTUM-based solar modules and newly-developed storage application
    • The monocrystalline Q.PEAK DUO Q.ANTUM module series can reach module efficiencies close to 20% and produce up to 395 Wp
    • Q.PEAK DUO comes in variations with 120 and 144 half-cells and will feature an all-black version for impressive aesthetics on private homes
    [Las Vegas, Nevada, USA, September 6, 2017]

    Hanwha Q CELLS, the world´s largest producer of 100% in-house solar cells and modules, today announced it will unveil the completely new module series Q.PEAK DUO at Solar Power International (SPI) in Las Vegas between September 11 and 13, 2017. The Q.PEAK DUO module series combines half-cell technology, six-bus-bars and the company´s proprietary Q.ANTUM cell technology. Thus, the monocrystalline modules reach efficiencies of close to 20% and power outputs of up to 330 Wp from 120 half-cells and up to 395 Wp from 144 half-cells. At SPI, Hanwha Q CELLS will showcase the new series at booth No. 3937 in the Mandalay Bay Convention Center together with its entire portfolio of solar modules and its newly-developed PV plus energy storage solution. Alongside Q.PEAK DUO, the booth highlights will be the company´s current high-performance module series Q.PEAK (monocrystalline) and Q.PLUS (multicrystalline) as well as the innovative steel frame module Q.PEAK RSF. This prototype has recently won the Intersolar Europe Innovation Award for significantly lowering BOS cost thanks to its revolutionary frame concept. Moreover, U.S. customers will be able to experience Hanwha Q CELLS´ PV + ESS, Q.HOME.

     

    "We are thrilled to unveil our latest high-end innovation to U.S. customers and the world at SPI. With the Q.PEAK DUO series, Hanwha Q CELLS will be setting another benchmark in terms of high-end performance and reliability of crystalline solar modules under real-life conditions", said Mr. Seong Woo Nam, Chairman and CEO of Hanwha Q CELLS. He continued, "U.S. customers and investors are looking for the highest possible yields and reliability from a bankable partner. As a flagship company of Fortune Global 500 business enterprise Hanwha Group with "Engineered in Germany" technology, Hanwha Q CELLS is one of only a few companies who can deliver just that in large volumes."

    Q.ANTUM: MORE THAN JUST PERC

    Q.ANTUM is the proprietary solar cell technology platform of Hanwha Q CELLS and the engine behind its complete portfolio of solar modules. While being based on the rear side passivation of the solar cell (PERC), Q.ANTUM offers many additional features that differentiate it from conventional PERC technologies. Q.ANTUM Technology's strength lies in controlling various degradation effects such as PID (potential induced degradation), LID (light induced degradation) and LeTID (light and elevated temperature induced degradation). Hanwha Q CELLS featured a presentation at the R&D conference 'Silicon PV' in Germany in April, showing that LeTID does not only appear on multicrystalline materials, but can also significantly reduce the energy yield of monocrystalline PERC solar cells in early operation stages. Hanwha Q CELLS not only understands the effect, but also implemented processes to control it effectively. This is reflected in the excellent performance warranties of all Q.ANTUM products. Additionally, Q.ANTUM features Hot-Spot-Protect and Tra.Q laser marking for 100 % traceability of any cells produced, as well as strict Q CELLS quality standards.

    Q.PEAK AND Q.PLUS: Q.ANTUM´S CURRENT TOP PERFORMERS

    The standard monocrystalline Q.PEAK series and multicrystalline Q.PLUS L will be showcased at SPI:

    - Q.PEAK-G4.1: monocrystalline 60-cell Q.ANTUM solar module with white backsheet, black frame, and power ratings of up to 310 Wp

    - Q.PEAK BLK-G4.1: all-black monocrystalline 60-cell Q.ANTUM solar module with black backsheet, black frame, and power ratings of up to 300 Wp

    - Q.PEAK-G4.1/MAX: smart monocrystalline 60-cell Q.ANTUM solar module with white backsheet, black frame,  and power ratings of up to 310 Wp

    - Q.PLUS L-G4.2: multicrystalline 72-cell Q.ANTUM solar module with white backsheet, silver frame, and power ratings of up to 355 Wp

    Q.PEAK DUO AND Q.PEAK RSF: THE NEXT GENERATION OF Q.ANTUM

    These Q.ANTUM highlights are soon to raise the bar for performance and quality:

    - Q.PEAK DUO: monocrystalline 120 half-cell Q.ANTUM module, white backsheet, black frame, improved temperature coefficient, and power ratings of up to 330 Wp

    - Q.PEAK DUO BLK: all-black monocrystalline 120 half-cell Q.ANTUM module, black backsheet, black frame, impressive aesthetics, and power ratings of up to 320 Wp

    - Q.PEAK DUO L: monocrystalline 144 half-cell Q.ANTUM module, white backsheet, silver frame, maximum energy yield, and power ratings of up to 395 Wp

    - Q.PEAK RSF L - G4.2: monocrystalline 72-cell Q.ANTUM solar module with innovative reinforced steel frame, decentralized junction box, and power ratings of up to 375 Wp for lowest LCOE and optimized manageability. Winner of the 2017 Intersolar Innovation Award

    MORE TO SEE AT HANWHA Q CELLS' BOOTH 3937

    Hanwha Q CELLS will be presenting these additional attractions: Visitors will have the chance to follow regular presentations about the innovations of Q.PEAK DUO followed by a game and prizes. Moreover, Hanwha Q CELLS will host a presentation on the steel frame module Q.PEAK RSF at the Future PV Roundtable, which will be held on Tuesday September 12th in Roof E of the Mandalay Bay Expo Center.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS' operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS America
    Katie Kim, Assistant Marketing Manager
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd

    [Hanwha_Q_CELLS_Q.PEAK_DUO_BLK-G5_klein]

    [Hanwha_Q_CELLS_Q.PEAK_DUO_L-G5_klein]

    [Hanwha_Q_CELLS_Q.PEAK_DUO-G5_klein]

  • Hanwha Q CELLS modules power largest solar system on company rooftop in Ireland

    Sep 3, 2017 3:00:00 PM

    • 420 kWp rooftop solar system on Butlers Chocolates headquarters in Dublin
    • Photovoltaic self-consumption bears great potential for commercial and industrial companies in Ireland
    • High performance and quality modules are key for sustainable ROI
    [Thalheim, Germany / Dublin, Ireland, September 4, 2017]

    A 420 kW solar system powers the chocolate production at Butlers Chocolates headquarters in Dublin. Hanwha Q CELLS GmbH, German subsidiary of the world´s largest producer of high performance solar cells, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), provided 1.590 Q.PRO G4 high performance and high quality solar modules. The rooftop installation was constructed by Hanwha Q CELLS partner Gaelectric Energy Solutions DAC, a company experienced in realizing PV systems for different applications in Ireland. The demonstration project will be Gaelectric's first "behind the meter" installation, the energy will be used exclusively to power Butlers Chocolates production facility.

    Daire Friel, Business Development Manager for Gaelectric Energy, said: "By applying solar systems, companies can largely disconnect from rising energy prices and substantially save on electricity cost in the long run. The 420 kWp demonstration project at Butlers Chocolates is a strong evidence for that, as it will supply approximately 14% of the base load electricity requirement of the company. We look forward to a meaningful support scheme for renewable energy projects, in order to utilize the so far untapped solar potential of Ireland."

    Sean Collier, Key Account Manager for Ireland at Hanwha Q CELLS said: "We are proud to partner with Gaelectric for solar energy projects in Ireland. High quality and high performance modules integrated into a high quality system installation are the basis for sustainable solar investments that pay-off for investors."

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    About Gaelectric

    Founded in 2004, Gaelectirc have become a leader in development, operation and management of renewable energy projects in wind, bioenergy and solar on the island of Ireland and in Great Britain. We have 188MW of wind generation connected to the grid and a further 424MW of wind, biomass and 3rd party contracts under asset management.Our Trading and Markets team are providing an energy market and trading service, our team's understanding of regulatory developments, market design & trading is unparalleled in the all-island market. By actively participating on all I-SEM market change working groups (including DS3 and I-SEM) and the market committees of IWEA, NIRIG and Electricity Association of Ireland we can translate our unique insights into value for our clients.

    Our Energy Solutions Team are providing behind the meter renewable energy solutions to our customers on an Energy Contracting (ESCo) basis.  This means our customers can enjoy the benefits of on-site renewable technologies with no capital or operational risk.  These services are provided on a pay as your use basis over a long term agreement. Find out more at: http://www.gaelectric.ie/energy-solutions/

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • HANWHA Q CELLS BECOMES INTERNATIONAL PARTNER OF RB LEIPZIG

    Jul 24, 2017 3:00:00 PM

    • Hanwha Q CELLS international partner and exclusive partner regardingsolar energy for RB Leipzig
    • Partnership over two years with option for renewal
    • Sponsoring commitment to support the company’s growth targets
    [Thalheim, / Leipzig, Deutschland, July 25, 2017]

    The globally leading solar module manufacturer Hanwha Q CELLS has become international partner of the football club RB Leipzig starting this2017/18 season. The partnership is contracted for two years and includes an option for renewal.
    Hanwha Q CELLS, with its product brand Q CELLS, will be present as a partner of the Red Bulls for national and international advertising measures among other things, including LED perimeter ads and cam-carpets positioned next to the goals as well as the coaching benches of the Red Bull Arena.


    Hanwha Q CELLS is expanding its business activities worldwide. Therefore, strong growth is planned in the market segments of commercial rooftop installations, solar solutions including storage for private households, and utility scale systems. The partnership with RB Leipzig will promote
    Hanwha Q CELLS to increase its brand awareness among power consumers in Germany, Europe, and the rest of world, and to expand the company’s customer base as well as its partnership network.


    Matthias Reichwald, CCO of RB Leipzig, said: "RB Leipzig and Hanwha Q CELLS share a passion for energy, high performance, and quality, and therefore perfectly match each other because of their goals, dynamism, mission, and values. We are pleased to have expanded our partner portfolio with
    another strong brand."


    Seong Woo Nam, CEO of Hanwha Q CELLS Co., Ltd. commented: "Hanwha Q CELLS is proud to become an international partner and exclusive solar partner of RB Leipzig. We are firmly convinced we are entering into a win-win partnership, which offers enormous potential for both parties. While
    we have both grown in parallel so far, we are now looking forward to growing together, side by side."


    Daniel JW Jeong, CTO and head of Hanwha Q CELLS GmbH in Germany, said: "Our global center for technology, innovation, and quality is located in Thalheim, Saxony-Anhalt, which is only 50 kilometers from Leipzig. We have thus a solid close regional relationship with RB Leipzig, despite the
    fact we are a global company. Furthermore, as the exclusive solar partner, we are also planning to jointly develop the possibilities of solar energy for the club."

    About RB Leipzig

    RB Leipzig is a young and aspiring football club located in the eastern part of Germany, about two hours southwest of Berlin. The club was founded in 2009 and made its way from the fifth division to the Bundesliga – one of the top leagues in Europe – by winning four promotions within seven years. The “Red Bulls” – as the club is called by their family friendly and enthusiastic fans – stormed the Bundesliga in their very first season, finishing second behind powerhouse Bayern Munich. As the youngest team of the league, the squad of head coach Ralph Hasenhüttl qualified for Europe’s most prestigious football stage, the Champions League. The story of success is closely connected to sporting director Ralf Rangnick. As the mastermind behind RB Leipzig’s upswing Rangnick implemented a unique and exciting football philosophy into the club that puts great emphasis on young talents and on the development of RB Leipzig’s youth academy. A state of the art training facility was opened in 2015, in which the professional team and the youth teams train and work side-by-side under one roof. The academy consists of more than 25 youth national team players, predicting a bright future to one of the hottest teams in Europe at the moment. For more information, visit: www.dierotenbullen.com

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com

    Kontakt:
    Hanwha Q CELLS GmbH
    Corporate Communications

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

  • Hanwha Q CELLS celebrates one billion Q.ANTUM solar cells

    Jul 9, 2017 3:00:00 PM

    • Q.ANTUM solar cell No. 1,000,000,000 was produced and celebrated in the company´s fab in Jincheon, Korea on Monday, July 10, 2017.
    • One billion Q.ANTUM cells equal around 5 GW of production volume since 2012.
    • Hanwha Q CELLS´ CEO Seong-woo Nam emphasized this milestone as an “outstanding demonstration of Hanwha Q CELLS´ industry leadership.”
    Jincheon, Korea, July 10, 2017

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), today announced they celebrated the commercial mass production of Q.ANTUM solar cell No. 1,000,000,000. The record cell was produced in the company´s manufacturing facility in Jincheon, Korea, on Monday, July 10, 2017. Q.ANTUM is Hanwha Q CELLS´ proprietary cell technology. It is based on the passivation of the solar cell´s rear side (PERC) and a number of additional technological features for higher yields and lower LCOE under real life conditions. Q.ANTUM has been developed in the company´s Center for Technology, Innovation and Quality in Germany, where it since has been improved continuously. The technology has been in commercial mass production since 2012. As of today, Hanwha Q CELLS has commercially mass produced a total volume of around 5 gigawatts of Q.ANTUM solar cells. 

    Seong-woo Nam, CEO of Hanwha Q CELLS, commented: “Having achieved one billion of commercially mass produced Q.ANTUM solar cells is an outstanding milestone for our company and a powerful demonstration of Hanwha Q CELLS´ leadership in solar industry.” Looking to the future, CEO Nam said: “As our core technology platform, we will continue to develop and push Q.ANTUM technology to achieve even higher yields and lower LCOE for our customers.”

    Q.PEAK-G4: MONOCRYSTALLINE Q.ANTUM RANGE

    The monocrystalline Q.ANTUM module range Q.PEAK-G4 is the flagship module line of Hanwha Q CELLS and was introduced to global solar markets in early 2017. It offers high-end performance, top yields in real life conditions and low LCOE. It comes in different product specifications suited to various local markets around the globe. Q.PEAK modules also feature excellent stability and are tested for wind loads up to 4,000 Pa and snow loads up to 5,400 Pa. At the same time the frame design has been optimized with a frame height of 32 mm, leading to a 10 % reduction in logistics and storage costs. 

    Q.ANTUM TECHNOLOGY: MORE THAN JUST PERC

    Q.ANTUM is the proprietary solar cell technology platform of Hanwha Q CELLS. While being based on the rear side passivation of the solar cell (PERC), Q.ANTUM offers many additional features that differentiate it from conventional PERC technologies. It combines PID resistance (potential induced degradation), Hot-Spot-Protection and Tra.Q laser marking for 100 % traceability of any cells produced. Moreover, all Q.ANTUM products comply with the strict Hanwha Q CELLS quality standards, including much harsher criteria than regular certification, frequent and repeated testing of samples from running production. The most notable feature of Q.ANTUM technology is, that it controls the degradation effects LID (light induced degradation) and LeTID (light and elevated temperature induced degradation), which can severely reduce the performance of conventional PERC solar modules not only in the first phase, but also throughout the lifetime of operation. Therefore, it is critical for PV customers to select a module manufacturer who understands and controls these effects. While LID mainly appears on monocrystalline solar cells, the LeTID effect was long believed to only appear on multicrystalline wafers. However, this is not the case. Hanwha Q CELLS featured a presentation at the R&D conference ‘Silicon PV’ in Germany in April, showing that LeTID can also significantly reduce the energy yield of monocrystalline PERC solar cells in the early stages of operation. Hanwha Q CELLS is the only manufacturer that not only understands the effect, but has also implemented processes to test and effectively control it. This is reflected in the excellent performance warranties of all Q.ANTUM products. 

    CURRENT MONOCRYSTALLINE Q.ANTUM PRODUCTS

     Q.PEAK - G4.1: monocrystalline 60-cell Q.ANTUM solar module, power ratings of up to 310 Wp, maximum yields in residential applications, available in North America, Europe, Northern Asia, and Oceania

     Q.PEAK BLK - G4.1: All black monocrystalline 60-cell Q.ANTUM solar module, power ratings of up to 300 Wp, top yields and intriguing aesthetics, available in North America, Europe and Northern Asia

     Q.PEAK S - G4.1: monocrystalline 48-cell Q.ANTUM solar module, power ratings of up to 240 Wp, for small and angled roofs, available in Northern Asia

     Q.PEAK XS - G4.1: monocrystalline 32-cell Q.ANTUM solar module, power ratings of up to 165 Wp, for even the smallest and sharply angled roofs, available in Northern Asia

     Intersolar Award winner – Q.PEAK RSF L - G4.1: monocrystalline 72-cell Q.ANTUM solar module with an innovative reinforced steel frame and a decentralized junction box for utility scale applications. Power ratings of up to 375 Wp for lowest LCOE and optimized manageability. The module was first presented at Intersolar Europe 2017 where it immediately won the Intersolar Award 2017 in the category photovoltaics. It will first be installed in large-scale projects with dedicated customers before release on the open market.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: www.hanwha-qcells.com

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 1012 
    EMAIL [email protected]

  • Hanwha Q CELLS start solar market offensive In europe

    Jul 2, 2017 3:00:00 PM

    • 2Hanwha Q CELLS aims for market leadership in all market segments in Europe
    • Self-developed flat roof system Q.FLAT-G4 for commercial and industrial (C&I) market segments and Q.HOME+ ESS-G.1 storage solution for the residential segment introduced
    • Growing Q.PARTNER network deepens market penetration in rooftop markets
    • Hanwha Q CELLS fully eligible to participate in solar tenders in France
    Thalheim, Germany, July 3 2017

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), the world´s largest producer of in-house solar cells in 2016, is on a strong growth path in European solar markets and has now announced to launch an additional offensive in all market segments in Europe. “European solar customers are looking for high performance and high quality from a stable and highly bankable partner”, says Maengyoon Kim, Head of EU Sales at Hanwha Q CELLS. “Our solar module portfolio based on the proprietary Q.ANTUM technology delivers just that, but in addition, the customers require individual solutions. That´s why we have now added a new PV solution range for the commercial and industrial segment (C&I) as well as for home owners to our Q.ANTUM based product portfolio.” Maengyoon Kim added: “We are aiming for overall market leadership in Europe!”

    Growing rooftop segment in Europe while maintaining pure module sales

    Coming from a sales approach largely driven by module sales into larger scale solar projects, Hanwha Q CELLS now has a twofold sales strategy in Europe: While maintaining the pure module sales business, the company has been realizing enormous growth in the rooftop segments. These include rooftop PV systems for companies in commerce and industry just as well as the residential customers, which are both being served via the company´s Q.PARTNER network of installers. In order to further support the growth in these two segments, Hanwha Q CELLS has now introduced two solar system solutions (described below). With regards to utility scale module sales, France has been growing in importance, since the company recently obtained the CRE3 and CRE4 Certolis certificate fully confirming the low carbon footprint of products from their Q CELLS brand. Thus, the company is fully eligible to participate in CRE4-2 rooftop tenders in France, which will close on July 7, 2017. New Q CELLS solar solutions for commercial and residential rooftop segments

    New Q CELLS solar solutions for commercial and residential rooftop segments
    Q.FLAT-G4: optimized solar system for flat roofs in commerce and industry

    Q.FLAT-G4 is a system solution for flat roofs consisting of Q.ANTUM based solar modules and a self-developed triangular mounting structure. It is designed to maximize the energy yield of the solar system on a given roof space. Thus, companies in industry and commerce can disconnect from rising energy prices and lower their energy bills while at the same time improving their sustainability. Q.FLAT-G4 offers installers an efficient system planning with the Q CELLS rooftop planner software solution. Moreover, the installation of Q.FLAT-G4 is easy and fast with only one type of tool needed and without having to penetrate the roof structure. Moreover, Q.FLAT-G4 is the perfect fit for the use of Q CELLS´s Q.ANTUM solar modules.

    Q.HOME+ ESS- G1: storage solution for home owners

    A Samsung lithium ion battery, a PV inverter, a battery inverter, a 10 year product warranty and web + mobile monitoring – that´s Q.HOME+ ESS-G1. This new storage solution provided by Q CELLS is available in three different versions with capacities of 3.6 kWh, 5.5 kWh and 8 kWh for different solar system sizes and corresponding energy needs. Q.HOME+ ESS-G.1 is being marketed via the company´s Q.PARTNER network and is available with or without a Q CELLS solar system.

    Q.ANTUM: MORE THAN JUST PERC

    All new solar solutions are being equipped with high performance solar modules from Q CELLS, based on the company´s proprietary Q.ANTUM technology. It is based on the rear side passivation of the solar cell (PERC) and offers many additional features that differentiate it from conventional PERC technologies. Especially, controlling the various degradation effects, PID (potential induced degradation, LID (light induced degradation) and LeTID (light and elevated temperature induced degradation), are strengths of Q.ANTUM technology. Additionally, Q.ANTUM features Hot-Spot-Protect and Tra.Q laser marking for 100 % traceability of any cells produced as well as the strict Q CELLS quality standards. Around 5 GW of commercially mass produced Q.ANTUM solar cells show Hanwha Q CELLS´ leadership position in PERC based high performance technologies.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH 
    Corporate Communications
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 1012 
    EMAIL [email protected]

  • Intersolar Award 2017 goes to Hanwha Q CELLS' reinforced steel frame module innovation

    May 30, 2017 3:00:00 PM

    • The Q.PEAK RSF L-G4.2 convinces Intersolar Award jury with reinforced steel-frame concept and many additional innovations
    • Reinforced steel frame design, decentralized junction box, easy mounting system and Q.ANTUM technology combine numerous advantages for higher yields and system performance as well as lower installation cost and lower LCOE
    • Hanwha Q CELLS CTO Ph.D. Daniel JW Jeong said: “Our steel frame module has a good chance of setting the next industry standard for utility scale solar modules.”
    Munich, Germany, May 31, 2017

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), has won the Intersolar Award 2017 in the category Photovoltaics. The jury judged Hanwha Q CELLS´ Q.PEAK RSF L-G4.2 solar module as the most innovative out of ten shortlisted entries and out of 51 applications in total. Receiving the award on behalf of Hanwha Q CELLS, the company´s Global CTO, Ph.D. Daniel JW Jeong, said: “We are very pleased about the judgement of the Intersolar Award Jury. Our new steel frame module combines a number of innovations on different levels with our high performance cell technology Q.ANTUM. The improvements in terms of performance, installation cost and LCOE are such that we believe this technology is likely to be setting the next industry standard regarding solar modules for utility scale applications.”

    Q.PEAK RSF L-G4.2: THE NEXT LEVEL OF UTILITY SCALE SOLAR MODULES
    Q.PEAK RSF L - G4.1 is a monocrystalline 72-cell Q.ANTUM solar module ready for a maximum system voltage of 1.500 V and combining the following innovations to reach lowest LCOE:

     Q CELLS Reinforced Steel Frame technology
    - Framing concept based on innovative steel coated with alloy of zinc-aluminium-magnesium
    - 10 times better corrosion resistance compared to galvanised steel
    - Self-repairing mechanism for cut edges

     Decentralized Q.BOX
    - Decentralised junction box with pluggable MC4-connectors in upper corners of the module 
    - Cable length can be customized to fit perfectly to any installation
    - Lower losses from electrical resistance due to optimised cable length
    - Faster and safer installation

     Easy Mounting System
    - Only small mounting key and self-tapping screw needed to fix modules on mounting structure
    - Reduction of installation time on a standing mounting structure by over 60% compared to standard systems with clamp mounting
    - Modules can be mounted without any gap between modules, thus reducing installation size or increasing total system power
    - Safes a large amount of mounting materials 

     Q CELLS proprietary Q.ANTUM cell technology 
    - Rear side passivated monocrystalline solar cells for power classes up to 375 Wp
    - Strongest standard 72 cell module on the market
    - High power density leads to low BoS costs
    - Q CELLS Yield Security: Anti LeTID, Anti LID, Anti PID, Hot-Spot Protect, Tra.Q 

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd

  • 5 GW of Q.ANTUM solar cell technology: Hanwha Q CELLS to present Q.ANTUM PV solutions at Intersolar Europe

    May 23, 2017 3:00:00 PM

    • More than 5GW of commercially mass-produced Q.ANTUM solar cells demonstrate Hanwha Q CELLS´ industry leadership in PERC technology
    • At booth A1 270, Hanwha Q CELLS will showcase its Q.ANTUM based PV portfolio
    • Innovative Q.PEAK steel frame module shortlisted for Intersolar Award 2017
    Thalheim, Germany, May 24, 2017

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), the world´s largest producer of in-house solar cells in 2016, has reached a total of 5 GW of its proprietary Q.ANTUM solar cells from commercial mass production. In addition, Hanwha Q CELLS expects to reach the milestone figure of one billion mass produced Q.ANTUM solar cells by the end of the first half of 2017. These figures demonstrate Q.ANTUM as being the most commercially mature PERC-based technology and show Hanwha Q CELLS´ industry leadership in PERC technology. 

    Q.ANTUM is the cell technology at the core of Hanwha Q CELLS´ PV product and solution portfolio, which the company will exhibit at Intersolar Europe in Munich from May 31 until June 2, 2017. Visitors will be able to experience multicrystalline and monocrystalline Q.ANTUM modules, including the first displaying of Q.PEAK RS L-G4.2, a monocrystalline Q.ANTUM module with an innovative steel frame and a decentralized junction box. The module has been shortlisted in three different PV awards, including Intersolar Award 2017.

    Q.ANTUM: MORE THAN JUST PERC

    Q.ANTUM is the proprietary solar cell technology platform of Hanwha Q CELLS. While being based on the rear side passivation of the solar cell (PERC), Q.ANTUM offers many additional features that differentiate it from conventional PERC technologies. Especially, controlling the various degradation effects, PID (potential induced degradation, LID (light induced degradation) and LeTID (light and elevated temperature induced degradation), is a strength of Q.ANTUM technology. Hanwha Q CELLS featured a presentation at the R&D conference ‘Silicon PV’ in Germany in April, showing that LeTID doesn´t only appear on multicrystalline materials, but can also significantly reduce the energy yield of monocrystalline PERC solar cells in early operation stages. Hanwha Q CELLS not only understands the effect, but also implemented processes to control it effectively. This also reflects in the excellent performance warranties of all Q.ANTUM products. Additionally, Q.ANTUM features Hot-Spot-Protect and Tra.Q laser marking for 100 % traceability of any cells produced as well as the strict Q CELLS quality standards. 

    Q CELLS PRODUCT AND BOOTH HIGHLIGHTS AT INTERSOLAR EUROPE 2017
    Solar Modules:

     Q.PEAK RSF L - G4.1: monocrystalline 72-cell Q.ANTUM solar module with innovative reinforced steel frame and decentralized junction box. Power ratings of up to 375 Wp for lowest LCOE and optimized manageability.  shortlisted in 3 innovation awards incl. Intersolar Award 2017
     Q.PEAK - G4.1: monocrystalline 60-cell Q.ANTUM solar module with power ratings of up to 305 Wp offering maximum energy yield under real conditions
     Q.PEAK BLK - G4.1: all black monocrystalline 60-cell Q.ANTUM solar module with power ratings of up to 295 Wp offering top energy yield along with intriguing aesthetics
     Q.PLUS BFR - G4.1: multicrystalline 60-cell Q.ANTUM solar module with power classes of up to 285 Wp offering high energy yields and an excellent price-performance-ratio

    Solar Solutions:

     Q.FLAT: The Q CELLS flat roof PV system including Q.ANTUM solar modules and dedicated mounting system for an easy installation.
     Q.HOME+ ESS - G1: The Q CELLS energy storage solution for residential PV systems. Combines a lithium-ion battery (different sizes) with a power inverter and a battery charger

    Booth highlights:

     Live Q.FLAT installation race against the clock will show the easy and fast installation of Q.FLAT and prove the advantages of a tailor-made flat roof system. 
     Live introductions of the Q CELLS rooftop planner and the Q.HOME+ ESS - G1 storage solution.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd

  • Hanwha Q CELLS Ready to Equip Solar Tenders in France with High Power and Low Carbon Footprint Solar Modules

    May 22, 2017 3:00:00 PM

    • Certisolis officially certified solar modules of the Q CELLS brand confirming their low carbon footprint
    • Hanwha Q CELLS fully eligible to participate in solar tenders in France
    • Hanwha Q CELLS aiming for EU market leadership
    [Thalheim, Germany, May 23, 2017]

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL), the world´s largest producer of solar cells in 2016, is fully eligible to participate in CRE4 tenders in France. Certisolis has certified that solar modules of the company´s Q CELLS brand have a very low carbon footprint and fulfill all criteria for CRE3 and CRE4 tenders in France. To receive the certificate, Q CELLS modules were tested along the entire life cycle and reached outstanding results against the criteria of the French Energy Regulation Commission (CRE).

    Maengyoon Kim, Head of EU Sales commented: “The Certisolis certificate makes Q CELLS a favorable choice for project developers and EPC´s in France. For tenders, they can now benefit from excellent performance and quality “Engineered in Germany”, strong bankability and a very low carbon footprint. This combination is only available at Q CELLS.”

    Hanwha Q CELLS: Growing market share in France and Europe

    The certificate in France opens way for Hanwha Q CELLS to gain additional market share in France and reach its ambitious growth targets in the European solar markets. The company has been significantly expanding its international production capacity over the last two years to now 5.7 GW and planned 6.8 GW by Q4 of 2017. This enables Hanwha Q CELLS to deliver growing quantities of their high performance and high quality Q CELLS solar modules to customers in the EU. Maengyoon Kim said: “We are aiming for market leadership in all relevant European solar markets within this and the next year.” 

    Q.ANTUM makes the difference

    Mono- and multicrystalline Q CELLS products reach their high performance and low LCOE thanks to the company´s proprietary Q.ANTUM technology. It is based on rear surface passivation of the solar cell (PERC), in which sunlight is reflected from the rear surface back into the cell, where it can be transformed into more electricity. In addition, Q.ANTUM comprises a number of other technological features, like an outstanding protection from common degradation effects such as PID, LID and LeTID. Together, they result in solar modules with significantly more power in a variety of conditions, including low-light and high temperatures. Q.ANTUM is arguably the most mature PERC-based technology in photovoltaic industry. This is backed by the over 4.5 gigawatts of Q.ANTUM solar cells mass-produced since 2012.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL. +49 (0)3494 6699 10121
    EMAIL [email protected]

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

  • solar-konzept and Hanwha Q CELLS grid connect two solar power plants totalling 16.4 MW in northern Germany

    May 1, 2017 3:00:00 PM

    • Hanwha Q CELLS supplied close to 60,000 solar modules for two PV plants of solar-konzept GmbH in Zarrentin am Schaalsee
    • Both projects were grid connected on May 2, 2017
    • Q.PLUS solar modules with Q.ANTUM technology win solar-konzept over with high yield and low levelized costs of electricity (LCOE)
    Thalheim, Germany, May 2, 2017

    Hanwha Q CELLS GmbH, German subsidiary of the globally leading solar module manufacturer Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), and solar-konzept GmbH have put two solar power plants totalling 16.4 MW into operation in Mecklenburg-Vorpommern in Germany. The companies made the announcement today in a joint statement. solar-konzept GmbH has developed and built the two photovoltaic power plants on adjoining plots in the Zarrentin am Schaalsee region. Hanwha Q CELLS supplied close to 60.000 Q CELLS brand photovoltaic modules for two solar parks, where they will generate over 17,000 MWh of clean energy a year and save around 10,000 tons of CO2. The sustainable electricity from the plant is produced by Q.PLUS BFR-G4.1 Q CELLS solar modules with 275 Wp and fed into the power grid. Q CELLS modules have set themselves apart from the competition based on the superior yield which they attain even in low-light conditions and at high temperatures, thanks to Q.ANTUM technology. This lets you cut down on LCOE and increase the efficiency of your plant.­

    Karen Kedziora, Managing Director of solar-konzept GmbH, says: "With around 140 MW worth of completed solar projects in Germany, solar-konzept is an experienced photovoltaic developer and implementer. We know the difference that the power and quality of the solar modules make for a solar power plant. And that's why we're thrilled to have found such a reputable and reliable module supplier as Hanwha Q CELLS for both large projects in Mecklenburg-Vorpommern." Marco Schweitzer, Key Account Manager at Hanwha Q CELLS, commented: "We'd like to thank solar-konzept GmbH for entrusting us with this large project. Thanks to Q.ANTUM technology, our Q.PLUS BFR-G4.1 solar modules will be able to reward this trust with power and endurance".

    Q.ANTUM makes the difference

    Hanwha Q CELLS developed, matured, and marketed Q.ANTUM technology. It is based on rear surface passivation of the solar cell (PERC), in which sunlight is reflected from the rear surface back into the cell, where it can be transformed into more electricity. In addition, Q.ANTUM comprises a number of other technological features. Together, they result in solar modules with significantly more power in a variety of conditions, including low-light in the morning and evening hours or in cloudy weather and at high temperatures in the summer. Q.ANTUM is arguably the most mature PERC-based technology in the photovoltaic industry. This is backed by the over 3.7 gigawatts of Q.ANTUM solar cells mass produced since 2012, as well as the latest efficiency world record set by a Q.ANTUM prototype in June 2016. The prototype was the first standard-sized multicrystalline solar module to reach 19.5% module efficiency and break the 300 W barrier.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    About solar-konzept

    solar-konzept is a German based company with more than thirteen years of project experience. We develop and structure sustainable investments for large-scale photovoltaic projects. We cover the entire value chain in a project life from early stage development, engineering and construction, quality management and operation and maintenance. Here we pursue a policy of fair and partnership-oriented cooperation with the individual project partners. Since its establishment in 2003, solar-konzept has completed photovoltaic projects totalling over 137 MWp, all of which meet the demanding requirements for technical quality and perform in line with the economic projections. We are currently looking for PV projects of 500 kWp and upwards that are completed or under development, on open spaces or roofs, with a focus on Germany, the Netherlands and Europe in general.

    Visit us at: http://www.solar-konzept.de/home-eng

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

  • Q.PEAK Launch in Europe: HANWHA Q CELLS Introduces Monocrystalline Q.ANTUM Solar Module Series

    Apr 12, 2017 3:00:00 PM

    • Q.PEAK-G4.1 with power classes up to 305 Wp and Q.PEAK BLK-G4.1 with power classes up to 295 Wp now available in Europe
    • Anti LID Technology (ALT) protects against Light-Induced Degradation
    • Q.ANTUM technology matured with more than 600 million solar cells produced since 2012, equaling more than 3 GW
    Berlin / Thalheim, 13/04/2017

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the world´s largest producer of solar modules with high quality in-house solar cells, introduces the next generation of its high-performance module series Q.PEAK to PV markets in Europe. The new solar modules combine monocrystalline high-performance wafers with Hanwha Q CELLS “Engineered in Germany” Q.ANTUM cell technology. The Q.PEAK module series is now available for European customers in two variations: as Q.PEAK-G4.1 with black frame and white back sheet and as the all black Q.PEAK BLK-G4.1. The Q.PEAK-G4.1 comes in power classes ranging from 295 Wp to 305 Wp and efficiencies of up to 18.6 %, making it highly attractive for residential customers. Power classes for Q.PEAK BLK-G4.1 range from 285 Wp up to 295 Wp, with efficiencies of up to 18.0%.

    “We are excited to present our new monocrystalline high-performance solar modules to residential customers in Europe”, says Maeng Yoon Kim, Head of EU Module Component Sales at
    Hanwha Q CELLS. “Both Q.PEAK modules belong to the most powerful 60 cell solar modules in the industry and offer highly attractive LCOE along with intriguing looks."

    Q.PEAK: High power classes, low LCOE, high durability

    The Q.PEAK series combines high power classes, leading to low levelised cost of electricity (LCOE) for customers. Moreover, a special Anti LID Technology (ALT) protects Q.PEAK modules against the power loss through Light-Induced Degradation (LID).  LID is a common effect leading to power losses in the early operation lifetime of conventional monocrystalline solar modules.    

    Q.PEAK modules also feature excellent stability and are tested for wind loads up to 4,000 Pa and snow loads up to 5,400 Pa. At the same time the frame design has been optimized with a frame height of 32 mm, leading to 10 % reduction on logistics and storage cost compared to the previous G3 generation. The modules weigh only 18.8 kg, making them easier to handle during installation.

    More than 3 GW produced: matured Q.ANTUM technology

    All Q CELLS products convince with extraordinary warranty conditions and supreme performance, thanks to Q.ANTUM technology. This proprietary cell technology enables the best performance of
    Q CELLS modules under real life conditions – even with low radiation intensity and on clear, hot summer days. Q.ANTUM is the most advanced and matured PERC-based technology in the industry, with a track record of more than 600 million solar cells produced since 2012, equaling more than
    3 GW. Combined with the Q CELLS performance and quality features like Anti PID and Anti LID technologies, Hot-Spot-Protect, Tra.Q Laser marking, Q.ANTUM leads to unmatched solar products when it comes to higher yields for longer time-periods ultimately leading to maximum security and lower LCOE on the customer´s side.

    Find out more about Q.PEAK-G4.1 and Q.PEAK BLK-G4.1 on www.q-cells.com and visit the Q.SHOP for residential PV customers.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com.

    Safe-Harbor Statement

    This report contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS’ filings with the Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS
    Corporate Communications
    Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]
     

    [Legal AK1]Says Maeng Yoon Kim

  • 25 MW Supply Contract Signed: ADLER Solar and Hanwha Q CELLS Repower Older PV Systems

    Mar 16, 2017 3:00:00 PM

    • Hanwha Q CELLS supplies 25 MW Q.PLUS solar modules with Q.ANTUM technology for repowering projects to ADLER Solar; with the option to upgrade to 30 MW
    • ADLER Solar offers comprehensive repowering solutions from one source, Hanwha Q CELLS provides highly efficient solar modules with Q.ANTUM technology
    • For older PV systems suffering from yield loss, repowering measures with quality components are economically attractive for system operators, banks and investors
    Bremen / Thalheim, 16th March 2017

    Hanwha Q CELLS GmbH and ADLER Solar Services GmbH have concluded a supply contract for 25 MW high efficiency Q.PLUS solar modules of the Q CELLS brand with integrated Q.ANTUM technology, with the option to upgrade to an additional 5 MW. The German subsidiary of the world’s largest solar cell manufacturer Hanwha Q CELLS Co. Ltd (NASDAQ: HQCL), and the leading full service provider for the solar industry, ADLER Solar, are entering a long-term partnership with the goal to repower older PV systems. This business model is profitable for commercial/industrial PV system operators and banks or investors alike, whose solar systems are falling short of economic expectations due to an increasing drop in performance. Repowering measures restore the original nominal power of ground mounted and roof top installations, compensate profit loss and maximise feed-in tariffs. In order to avoid future recurrences, high efficient solar modules of the Q CELLS brand are installed.

    Repowering means faster return on investment

    “The repowering method is an extremely attractive solution for PV system operators, banks or investors alike, whose solar system show a progressive degradation“, says Michael Reck, Head of Repowering at ADLER Solar. “Repowering clients expect continuous high quality standards: Starting with the concept, through the components used, all the way to the implementation of the appropriate measures”, Recks states further. “Quality and high performance are top priorities of ADLER Solar for each repowering project and this is why we are thrilled to have found a competent module partner in Hanwha Q CELLS, internationally recognized for the extraordinary performance and reliability of their solar modules.“

    “The large number of solar systems for which repowering measures would pay off are impressive evidence that it is worthwhile to invest in quality modules when it comes to photovoltaic­ systems“, Marko Schweitzer, Key Account Manager at Hanwha Q CELLS GmbH comments. “ADLER Solar’s decision as the most experienced full service provider of photovoltaic systems to install Q CELLS modules in their repowering projects is indicative of the high quality of our products.“

    This is how the repowering process works

    The process of repowering is designed to restore the original nominal power of photovoltaic systems with decreasing yield and as a result to maximise profits for the rest of the life cycle, thus ensuring the investor´s ROI. This method is worth considering for agricultural, commercial or industrial ground mounted and roof top installations alike. At first, the system must undergo an intensive appraisal. The project then is carried out on the basis of an individual strategy concept including a profitability analysis and possible financing options, and handed over together with the appropriate documentation after a test run. The professional execution as well as the use of quality components is a decisive factor for the success of the repowering measures.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    About ADLER Solar

    ADLER Solar is the leading full service provider for the solar industry. We deliver a broad spectrum of technical solutions and services that guarantee a high-performance level and smooth running of a photovoltaic plant throughout its entire life cycle. As independent PV experts with headquarters in Bremen and a branch in Waldkraiburg near Munich, as well as an office in London, we support manufacturers, operators, installers, technical advisors, insurance companies and banks with our expertise “Made in Germany”. Our service portfolio includes after-sales-services, repowering, survey reports, recalls, inverter-services, testing, claim management and procurement of spare parts.

    ADLER Solar employs 100 members of staff in Germany, Europe and Japan. Since 2015, ADLER Solar has been operating in Japan as part of a joint venture with YKD, ADLER Solar Works. In the same year, the Norwegian company Aqualis ASA and ADLER Solar Services GmbH entered into a strategic partnership. www.adlersolar.de

     

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

     

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

     

    ADLER Solar Services GmbH
    Bettina Duske
    Senior Manager Marketing Communications
    Tel +49 (0)421 835 701 00
    Email [email protected]


    Bettina Duske
    Senior Manager Marketing Communications
    Tel +49 (0)421 835 701 00
    Email [email protected]

    Contact

    ADLER Solar Services GmbH Bettina Duske Senior Manager Marketing Communications Phone: +49 (0)421 835 701 00 Email:[email protected]

  • Hanwha Q CELLS receives TOP BRAND PV Seal 2017

    Jan 31, 2017 3:00:00 PM

    • Hanwha Q CELLS ranked among top module manufacturers according to surveys by EuPD Research
    • Installer´s feedbacks confirm Hanwha Q CELLS´s exceptional quality and service for the fourth time in a row in Europe and for the second time in Australia
    Seoul, South Korea, February 15, 2017

    Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the world´s largest producer of solar modules with high quality in-house solar cells, has been awarded the “Top Brand PV Seal 2017” from EuPD Research for the fourth time in a row in Europe and for the second time in Australia based on surveys among installers in the respective markets. According to EuPD Research, the results from this year's Global PV Installer Monitor clearly show that “Hanwha Q CELLS continues to maintain an exceptional market position in the leading European PV markets like Germany, France, Italy and UK. Moreover, customers in Australia also confirm Hanwha Q CELLS´ reputation as their first choice partner.” The 2017 survey for the US market, where Hanwha Q CELLS achieved the award last year for the first time, has not been conducted yet.

    EuPD Research emphasized that participating installers rated the products from Hanwha Q CELLS positively as compared to the competition. Furthermore, the scores for brand recommendation and unaided brand awareness were among the highest in the industry. Only a small number of manufacturers were honored with the Top Brand PV Seal, but rarely have companies qualified for a majority of the surveyed markets.

    “We feel honored that our customers consistently put their trust in Hanwha Q CELLS.” says Maengyoon Kim, Head of Module Sales in Europe at Hanwha Q CELLS. “Winning the seals for the fourth year in a row in Europe and for the second time in Australia spurs us to continue our work with the utmost commitment to offer our customers best quality and service,” he emphasized.

    “The PV module market remains highly competitive” said Markus A.W. Hoehner, CEO of EuPD Research. “Seals of approval do not just offer benefits for manufacturers; installers can differentiate themselves by proving that they are offering high-quality brands.”

    TOP BRAND PV: How the Seal is awarded

    Through regular surveys, market researchers and pollsters of EuPD Research identify the preferences of PV installers worldwide when recommending module brands. The independent TOP BRAND PV Seal is based on an annual multi-level analysis of qualified statements in regards to brand perception, brand management and market penetration from installers and intermediaries.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.com

    About EuPD Research Sustainable Management GmbH

    EuPD Research Sustainable Management GmbH is an international service provider focusing on B2B market research with a highly specialized multilingual interview center. EuPD provides its clients in Europe, Asia and the US with the entire range of qualitative and quantitative research services. With the help of in-depth market knowledge combined with methodological professionalism, EuPD provides practical, future-oriented business solutions and ensure that its clients receive a return on their research investment. EuPD’s continuous research has enabled it to develop particular skills in the field of renewable energy sources, particularly in the field of solar energy.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

    Source: Hanwha Q CELLS Co., Ltd.

  • HQC presents Q.ANTUM PV portfolio at Intersolar Europe

    Jun 13, 2016 3:00:00 PM

    • At booth A1 270 Hanwha Q CELLS showcases full PV portfolio for high-end performance and quality
    • Q.ANTUM technology matured with more than 330 million solar cells produced since 2012, equaling 1.5GW
    • Q CELLS receives “Top Brand PV” seal from EuPD Research for the third year in a row for Europe and for the first time for the USA and Australia
    Seoul, Korea, June 14, 2016

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (Nasdaq: HQCL) will showcase the full suite of photovoltaic products and solutions based on its proprietary and matured Q.ANTUM technology at Intersolar Europe in Munich from June 22nd to 24th 2016. At booth No. 270 in Hall A1, the visitors will learn about the strong international position of one of the largest and most diverse photovoltaic companies worldwide and experience the capabilities of Hanwha Q CELLS in terms of the high performance and high quality of its PV products and solutions. At the booth Hanwha Q CELLS will throw a spotlight on the “PV Stage” where a variety of presentations and the “Installation Innovation Award” will attract the visitors of the fair. 
     
    Hanwha Q CELLS´ CEO, Seong Woo Nam, said: “Intersolar Europe has been very important to us presenting our latest technology and innovative energy solutions to our many existing and future customers at Europe´s most important PV trade fair. Particularly we are very excited to present the full suite of product lines with our proprietary Q.ANTUM technology, which will deliver high performance and lasting reliability to our partners’ projects in various applications and scales.”

    Q CELLS SOLAR MODULES BASED ON EXPERIENCE OF OVER 330 MILLION Q.ANTUM CELLS PRODUCED

    At Intersolar Europe Hanwha Q CELLS will focus its PV product and solution exhibition on the renowned  Q CELLS brand – which has just been awarded the EuPD Seal “Top Brand PV” for the third time in a row for Europe and for the first time also for the USA and Australia. All showcased Q CELLS solar products will feature Hanwha Q CELLS´ proprietary Q.ANTUM technology as their engine for achieving high energy yields and low levelized costs of electricity (LCOE) in real life conditions. Q.ANTUM is a cell concept based on a rear-side passivation of the solar cell and including many additional and patent protected technological features. Q.ANTUM improves power output, low-light and temperaturebehavior, while at the same time offering all of Q CELLS´ VDE certified quality standards like Anti-PID technology, Hot-spot protect, and Tra.Q laser marking. Q.ANTUM has been developed and matured by Hanwha Q CELLS and today looks on a track record of over 330 million cells produced in commercial mass production, equaling 1.5GW.  
     
    Next to the high performance and quality solar modules, the visitors of the Hanwha Q CELLS booth will also experience diverse opportunities to combine Q CELLS modules with inverters and storage in order to optimize the LCOE of residential as well as commercial & industrial solar applications. Finally, professionals in utility scale solar will learn about the experience and expertise of Hanwha Q CELLS in engineering and constructing large scale PV power plants.

    Q CELLS PRODUCT HIGHLIGHTS

    -Q.PLUS BFR -G4.1: polycrystalline 60-cell Q.ANTUM solar module with power classes of up to 280 watts offering an excellent price-performance-ratio; ideally suited for rooftop applications in residential as well as commercial & industrial PV systems
    -Q.PLUS L-G4.2: polycrystalline 72-cell Q.ANTUM solar module with power ratings of up to 340 watts offering highest power outputs and low BOS costs in large scale solar power plants
    -Q.PEAK-G4.1: monocrystalline 60-cell Q.ANTUM ULTRA solar module with power ratings of up to 305 watts offering maximum energy yield under real conditions. Ideally suited for residential applications thanks to the combination of high performance with outstanding optical appearance
    -G2G Prototype: polycrystalline 60-cell solar module prototype featuring glass-to-glass technology and a decentralized junction-box-concept combining increased durability and reliability with lower BOS costs
    -Q.HOME / Q.HOME+: High efficiency Q CELLS solar modules + inverters + energy storage for residential systems 

    “INSTALLATION INNOVATION AWARD” AND PRESENTATIONS ON PV STAGE Next to the PV product and solution highlights, the PV Stage on the Hanwha Q CELLS booth will draw the attention of Intersolar visitors. A number of presentations given by our experts as well as external  PV professionals and scientists will cover a wide range of PV related topics. As special highlight, the “Installation Innovation Award” will be presented on the PV Stage. This award offers a forum to installers in Europe to present their most advanced projects and ideas

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-quality, high-efficiency solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). With its diverse international manufacturing facilities in South Korea, Malaysia and China, Hanwha Q CELLS is in a unique position to flexibly address all global markets. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/

    Contact

    Hanwha Q CELLS GmbH 
    Corporate Communications
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected] 

    Source: Hanwha Q CELLS Co., Ltd

  • HQCL receives Top Brand PV Seal from EuPD Research vF-1 (003)

    Jun 6, 2016 3:00:00 PM

    • Hanwha Q CELLS ranked among top module manufacturers according to surveys by EuPD Research
    • Surveys confirm Hanwha Q CELLS´s exceptional position for the third time in a row in Europe and for the first time in the USA and in Australia
    Seoul, South Korea, June 7, 2016

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”) (NASDAQ: HQCL) was awarded the “Top Brand PV Seal 2016” from EuPD Research for the third time in a row in Europe and for the first time in the USA and in Australia based on surveys of installers in each respective market. According to EuPD Research, the results from this year's European PV Installer Monitor 2015/2016 clearly show that “Hanwha Q CELLS continues to maintain an exceptional position within the European markets. Moreover, customers in the important US solar market as well as in Australia equally confirm Hanwha Q CELLS´ position as a trusted partner around the world.” 
     
    EuPD Research emphasized that participating installers rate the products from Hanwha Q CELLS positively as compared to the competition. Furthermore, the scores for brand recommendation and unaided brand awareness were amongst the highest in the industry. Only a small number of manufacturers were honored with the Top Brand PV Seal, but rarely have companies qualified for a majority of the surveyed markets. 
     
    “The seals confirm our commitment to adding customer value through the highest standards of quality and service. We are delighted that the deep trust in our brand has been confirmed for the third year in a row all across Europe and for the first time also in the USA and in Australia. This presents us with a competitive advantage,” says Justin Lee, Head of Module Sales in Europe and America at Hanwha Q CELLS. “We will continue to work with the utmost commitment to offer our customers best quality and service as well as long term partnerships,” he emphasized. 
     
    “The PV module landscape is highly competitive” said Markus A.W. Hoehner, CEO of EuPD Research. “In such a competitive market, seals of approval do not just offer benefits for manufacturers, installers can differentiate themselves once they have proven that they are offering high-quality brands.” 

    TOP BRAND PV: How the Seal is awarded

    EuPD Research is the leading provider of market intelligence for industries and service providers with a focus on sustainability. Through regular surveys, market researchers and pollsters identify the preferences of PV installers worldwide when recommending module brands. The independent TOP BRAND PV Seal is based on an annual multi-level analysis of qualified statements in regards to brand perception, brand management and market penetration from installers and intermediaries.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-quality, high-efficiency solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). With its diverse international manufacturing facilities in South Korea, Malaysia and China, Hanwha Q CELLS is in a unique position to flexibly address all global markets. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. Through its growing global business network 

     
    spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/

    About EuPD Research Sustainable Management GmbH

    EuPD Research Sustainable Management GmbH is an international service provider focusing on B2B market research with a highly specialized multilingual interview center. We provide our clients in Europe, Asia and the US with the entire range of qualitative and quantitative research services. With the help of in-depth market knowledge combined with methodological professionalism, we provide practical, future-oriented business solutions and ensure that our clients receive a return on their research investment. Our continuous research has enabled us to develop particular skills in the field of renewable energy sources, particularly in the field of solar energy.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel
    Tel +49 (0)3494 6699 1012
    Email [email protected]

    Source: Hanwha Q CELLS Co., Ltd.

  • HQC_and_1366_enter_into_supply_agreement

    Apr 11, 2016 3:00:00 PM

  • Deal Follows Year-Long Strategic Partnership and Collaborative R&D Efforts on the Development and Commercialization of 1366’s Direct Wafer™ Technology

    Seoul, South Korea and Bedford, MA – April 12, 2016

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”) (NASDAQ: HQCL) and 1366 Technologies Inc. (“1366”) today announced that they have entered into a supply agreement in which 1366 will supply up to 700 MW of wafers using 1366’s proprietary Direct Wafer™ technology to Hanwha Q CELLS over a 5-year period. This deal follows a year-long strategic partnership and collaborative R&D efforts to commercialize 1366’s Direct Wafer™ technology with Hanwha Q CELLS’ Q.ANTUM cell technology. 1366 will supply the wafers from its planned US manufacturing facility in New York State, scheduled to be online in 2017.  
     
    The agreement ensues months of intense technical collaboration between the two companies during which a series of performance records for the Direct Wafer™ technology were achieved. Hanwha Q CELLS and 1366 jointly reached a maximum efficiency of 19.1% using Direct Wafer™ products in Hanwha Q CELLS’ Q.ANTUM cell, as independently verified by the Fraunhofer ISE. 
     
    “This agreement with one of the world’s most respected and innovative solar manufacturers is, no doubt, a significant milestone for our business. It further demonstrates the compelling capabilities of the Direct Wafer™ technology and the readiness of this innovation, and establishes its long-term bearing on the industry,” said Frank van Mierlo, CEO of 1366 Technologies. “We’ve found a strong partner, Hanwha Q CELLS, and we are extremely proud of the work we’ve accomplished together.”  
     
    “This agreement aligns with our continuing efforts to bring about world leading technologies that enable solar energy to be more competitive and more affordable,” commented Seong-woo Nam, CEO of Hanwha Q CELLS.  “We are pleased with the progress we have made together during the past year and excited about the potential of 1366’s Direct Wafer™ products with Hanwha’s cell and module technologies to deliver further cost reductions and LCOE competitiveness to standard multi-crystalline wafer-based modules.”  
     
    Provided that 1366 meets certain terms and conditions related to its wafer qualification and timing of delivery as agreed by both parties, Hanwha Q CELLS’s commitment to purchase up to 700 MW of wafers over a period of 5 years will commence. 
     
    1366’s Direct Wafer technology is a transformative manufacturing process that offers significant advantages over traditional cast-and-saw wafer production technologies. The process makes wafers in a single step, pulling them directly from molten silicon instead of today’s multi-step, energy- and capital-intensive approach, resulting in significant wafer production cost savings. 
     
    Hanwha Q CELLS' Q.ANTUM technology is based on PERC (Passivated Emitter Rear Cell) architecture and includes many additional technological features for maximum energy yield under real conditions. Q.ANTUM significantly enhances power output, low-light and temperature-behavior, while at the same time offering all of Hanwha Q CELLS' VDE certified quality standards like Anti-PID protection, Hot-spot protect, and Tra.Q laser marking.

    About Hanwha Q CELLS

    Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-quality, high-efficiency solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). With its diverse international manufacturing facilities in South Korea, Malaysia and China, Hanwha Q CELLS is in a unique position to flexibly address all global markets. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit http://investors.hanwha-qcells.com.

    About 1366 Technologies

    1366 Technologies Inc. aims to deliver solar at the cost of coal. The company combines breakthrough technology innovations with lean manufacturing processes to make a new class of silicon wafers, the building blocks of solar cells, at a fraction of today’s cost. Developed by a veteran team of scientists, engineers and entrepreneurs, the company’s novel approach breaks the historic efficiency and cost tradeoffs of photovoltaics. 1366 Technologies is headquartered in Bedford, MA. For more information, please visit www.1366tech.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS Co., Ltd.
    Corporate Communications
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 1012 
    EMAIL [email protected]

     

    1366 Technologies Inc.
    Laureen Sanderson 
    TEL +1 (781) 861-1611 x2204 (o) / +1 (617) 694-7336 (m) 
    EMAIL [email protected] 

    Source:  Hanwha Q CELLS Co., Ltd.

  • HQC sale of UK 53MW portfolio

    Jan 12, 2016 3:00:00 PM

    • Portfolio comprised of Fenland (20.4MWp), Green End (24.8MWp) and Tower Hill (8.1MWp)
    • Value of transaction is £ 61.7 million plus working capital.
    • Long-term, fully-amortising project financing of £ 45.4 million in place
    [Berlin, Germany, January 13th 2016]

    Hanwha Q CELLS GmbH (“Hanwha Q CELLS”), a wholly owned subsidiary of Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), one of the world’s largest photovoltaic companies, today announced that it has signed and closed a share purchase agreement to sell a portfolio of three operating PV power plants in the United Kingdom (UK). The projects were sold for a total amount of £ 61.7 million (approximately US$ 90 million) plus working capital to a subsidiary of the London listed Next Energy Solar Fund Limited. The Portfolio is fully financed with non-recourse loans totalling £ 45.4 million provided by Bayern LB. The financing will remain in place until 2032. 
    All three power plants were built and connected to the grid by Hanwha Q CELLS in the first quarter of 2015 and are operating under the 1.4 Renewables Obligation Certificate regime. Green End is located in Cambridgeshire and has an installed capacity of 24.8MWp.  Fenland is also located in Cambridgeshire and has an installed capacity of 20.4MWp.  Tower Hill is located in Gloucestershire and has an installed capacity of 8.1MWp. In total 203,150 high quality PV modules of Hanwha Q CELLS will generate clean electricity to cover the annual electricity demand of 15,700 households.  
     
    José Joaquín Muñoz Osuna, VP EMEA Project Finance of Hanwha Q CELLS, said “We are delighted to announce the sale of these three PV power plants to NextEnergy Solar Fund Limited. The transaction demonstrates that Hanwha Q CELLS is a reliable and valued partner in the field of large-scale PV assets. We will continue to develop, finance, build and offer secure and attractive investment opportunities for financial investors.”

    About Hanwha Q CELLS

    In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international production setup including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is in the unique position to flexibly address market needs globally, even including certain key markets with import tariffs, such as the USA and the European Union. Based on its well respected “Engineered in Germany” technology, innovation and quality, Hanwha Q CELLS offers the entire range of outstanding photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East the company provides excellent services and  long-term partnership to its customers in the utility, commercial, government and residential markets.  Hanwha Q CELLS is a flagship company of Hanwha Group, a Top-Ten business enterprise in South Korea.  For more information, visit: http://investors.hanwha-qcells.com/

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH 
    Corporate Communications
    ochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 1012 
    EMAIL [email protected]

  • HQC_reaches 19.1% efficiency on 1366´s Direct Wafers

    Nov 3, 2015 3:00:00 PM

    • Independent tests confirmed maximum efficiency of 19.1%, coming from 17.7% in March 2015
    • The strategic partnership between Hanwha Q CELLS and 1366 Technologies provides potential for production of high-efficiency cells at substantially lower cost
    [Thalheim, Germany, November 4, 2015]

    Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS”) (NASDAQ: HQCL), a top-10 global photovoltaic manufacturer of high-quality, high-efficiency solar modules, and 1366 Technologies today announced to have jointly achieved cell efficiency gains of 1.4% using 1366’s Direct Wafer products in only 7 months’ time. Both companies have formed a strategic partnership to collaborate on the development of 1366’s proprietary Direct Wafer™ Technology in March 2015. Starting from efficiencies of 17.7 % in March, both companies have reached a maximum efficiency of 19.1% using 1366’s wafers in October 2015, as was independently confirmed by the Fraunhofer ISE institute. This significant efficiency gain of 1.4 % in only 7 months strongly shows the potential that lies in combining the unique technologies from both companies. Based on 1366 Technologies´ kerfless, dropin 156mm multi-crystalline wafers, Hanwha Q CELLS has been applying its proprietary Q.ANTUM cell process on the pilot line in Technology & Innovation Headquarters in Germany.  
    Daniel Jeong, Global R&D Head at Hanwha Q CELLS said: “These latest results demonstrate the potential in combining 1366´s Direct Wafer Technology with our unique Q.ANTUM technology. Together they can push the efficiency limits of multi-crystalline solar cell technology while at the same time reducing the cost significantly. We´ll continue on our track to jointly mature 1366´s Direct Wafer™ Technology.”  
    “The disruptive nature of the Direct Wafer process is not only evident in the cost and material savings it provides, but in its ability to break the technology limitations of conventional wafer manufacturing. The rapid and significant efficiency gains we’ve achieved together with Hanwha Q CELLS will be further increased by new wafer features made possible with our process,” said Frank van Mierlo, CEO, 1366 Technologies.

    Hanwha Q CELLS´ Q.ANTUM Technology

    Q.ANTUM technology is an invention of Hanwha Q CELLS. This complex cell architecture is based on a rear-side passivation of the solar cell and includes many additional technological features for maximum energy yield under real conditions. Q.ANTUM improves power output, low-light and temperaturebehavior, while at the same time offering all of Q CELLS´ VDE certified quality standards like Anti-PID protection, Hot-spot protect, and Tra.Q laser marking. Hanwha’s innovative Q.ANTUM cell technology currently achieves 19.5% efficiencies in its commercial mass production using conventional multi wafers. In September 2015, the Q.PLUS-G4 Q.ANTUM module has been awarded the “Solar Industry Award 2015” in the category “Module Manufacturing Innovation”.

    1366 Technologies` Direct Wafer™ Technology

    1366 Technologies’ Direct Wafer™ process forms multi-crystalline wafers directly from molten silicon instead of today’s multi-step, energy- and capital-intensive process. The result is a uniformly better wafer, created at one-half the cost. The technology also has the enormous benefit of being a “drop-in” replacement for 60 percent of the photovoltaics market, making it seamless for cell and panel manufacturers to readily adopt the technology without adding a single new piece of equipment.

    About Hanwha Q CELLS

    In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international production setup including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is in the unique position to flexibly address market needs globally, even including certain key markets with import tariffs, such as the USA and the European Union. Based on its well respected “Engineered in Germany” technology, innovation and quality, Hanwha Q CELLS offers the entire range of outstanding photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a Top-Ten business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/

    About 1366 Technologies

    1366 Technologies aims to deliver solar at the cost of coal. The company combines breakthrough technology innovations with lean manufacturing processes to make a new class of silicon wafers, the building blocks of solar cells, at a fraction of today’s cost. Developed by a veteran team of scientists, engineers and entrepreneurs, the company’s novel approach breaks the historic efficiency and cost tradeoffs of photovoltaics. 1366 Technologies is headquartered in Bedford, MA. For more information, please visit www.1366tech.com.

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications 
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]

    Source: Hanwha Q CELLS Co., Ltd

  • HQC_Bayern LB_EDF_press release ENG_Tower Hill_final

    Oct 22, 2015 3:00:00 PM

    • Bayern LB provided a GBP 6.2 million financing for the project
    • EDF Energy entered into a 15-year distributed generation purchase agreement
    • Hanwha Q CELLS constructed the PV park and now operates it under the 1.4 ROC scheme

    [London, UK / Berlin, Germany, 2 November 2015]

    Hanwha Q CELLS Co.,Ltd.(“Hanwha Q CELLS”) (NASDAQ: HQCL), one of the world’s largest providers of high-quality, high efficiency photovoltaic modules and solutions, today announced that it has closed the financing of another solar project in the UK with Bayern LB. Tower Hill Farms (8.1 MW) is located in Gloucestershire and was connected in March 2015, therefore qualifying for the UK Government’s Renewable Obligation scheme, under which it receives Renewable Obligation Certificates (ROCs) for 20 years.     
    After having successfully raised financing for both Fenland Farms and Green End in July 2015, Tower Hill Farms is the third project of Hanwha Q CELLS’ project-portfolio in the UK that has been provided with a non-recourse loan by Bayern LB this year. 
    EDF Energy, the UK’s largest producer of low-carbon electricity has entered into a 15 year distributed generation purchase agreement with Tower Hill Farms. 
    José Joaquín Muñoz Osuna, VP EMEA Project Finance of Hanwha Q CELLS, said “We are delighted to announce the refinancing of the third project of our initial UK-solar portfolio with Bayern LB. Having successfully completed this transaction with Bayern LB clearly demonstrates that our close working relationship is a winwin for both companies. We will now focus on expanding activities in developing, constructing and acquiring further renewable generation assets. 
    Alexander von Dobschuetz, Bayern LB’s Managing Director, Global Head of Financial Institutions and Structured Finance, said “We are delighted to continue our support of our client Hanwha Q CELLS through the financing of their latest UK solar project. This further strengthens our relationship with Hanwha Q CELLS, and we look forward to continuing to support them in their renewable energy strategy.” 
    John Cockin, Business Services Director of EDF Energy, said “Partnering with Hanwha Q CELLS has been an excellent opportunity for EDF Energy to further demonstrate its commitment to low carbon generation in the UK. We look forward to working closely with Hanwha Q CELLS in helping achieve its strategic goals and supporting investment in renewable generation, through the provision of bankable power purchase agreements.” 

    About Hanwha Q CELLS

    In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international production setup including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is in the unique position to flexibly address market needs globally, even including certain key markets with import tariffs, such as the USA and the European Union. Based on its well respected “Engineered in Germany” technology, innovation and quality, Hanwha Q CELLS offers the entire range of outstanding photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East the company provides excellent services and  long-term partnership to its customers in the utility, commercial, government and residential markets.  Hanwha Q CELLS is a flagship company of Hanwha Group, a Top-Ten business enterprise in South Korea.  For more information, visit: http://investors.hanwha-qcells.com/

    About Bayern LB

    Bayern LB is an experienced and committed lender to the renewable energy sector, having provided financing solutions for many years to renewable energy companies focused on solar, wind, solar thermal and geothermal technologies throughout Europe. For more information, please visit www.bayernlb.de

    About EDF Energy

    EDF Energy is one of the UK’s largest energy companies and the largest producer of low-carbon electricity, producing around one fifth of the nation’s electricity from its nuclear power stations, wind farms, coal and gas power stations and combined heat and power plants. The company supplies gas and electricity to 6 million business and residential customer accounts and is the biggest supplier of electricity by volume in Great Britain. EDF Energy is part of EDF Group, one of Europe’s largest power companies. The company employs around 15,000 people at locations across the UK. To find out more about the UK’s energy challenges look at www.edfenergy.com/energyfuture/ 
    Safe-Harbor Statement  This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH
    Corporate Communications
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 1012
    EMAIL [email protected]  
     
    Source: Hanwha Q CELLS Co., Ltd

  • HQC_Bayern LB_EDF_press release ENG

    Sep 1, 2015 3:00:00 PM

    • Bayerische Landesbank provided a GBP 40.3 million financing for the projects
    • EDF Energy entered into 15-year power purchase agreements for the generated energy
    • Hanwha Q CELLS constructed both PV parks and now operates them under the 1.4 ROC scheme
    [London, UK / Berlin, Germany, 2 September 2015]

    Hanwha Q CELLS, one of the world’s largest providers of high-quality, high efficiency photovoltaic modules and solutions, today announced that it has closed the financing of two solar power plants in Cambridgeshire, England, totalling 45.2 MW in capacity. The two plants, Green End (24.8 MW) and Fenland (20.4 MW), were both connected in March 2015 and therefore qualify for the UK Government’s Renewable Obligation scheme, under which they receive Renewable Obligation Certificates (ROCs) for 20 years.     
    Financing for the operation of the solar plants has been provided by Bayerische Landesbank, which provided a GBP 40.3 million non-recourse loan. EDF Energy, the UK’s largest producer of low-carbon electricity, will purchase the solar energy under 15 year power purchase agreements with the two plants. 
    José Joaquín Muñoz Osuna, VP EMEA Project Finance of Hanwha Q CELLS, said “We are very pleased to announce the refinancing of our initial UK-solar portfolio with Bayern LB. With this transaction complete, we can now focus on our expanding activities in developing, constructing and acquiring further renewable generation assets. The close working relationship we are forming with Bayern LB is a win-win for both companies and supports our strategy.”  
    Alexander von Dobschuetz, Bayerische Landesbank’s Managing Director, Global Head of Financial Institutions and Structured Finance said “We are delighted to support our client Hanwha Q CELLS in the financing of their first UK solar projects. Through this financing we are both supporting the growth strategy of  Hanwha Q CELLS and also further establishing our strong position in the UK renewables market.” 
    John Cockin, Business Services Director of EDF Energy, said “Partnering with Hanwha Q CELLS has been an excellent opportunity for EDF Energy to further demonstrate its commitment to low carbon generation in the UK. We look forward to working closely with Hanwha Q CELLS in helping achieve its strategic goals and supporting investment in renewable generation, through the provision of bankable power purchase agreements.”

    About Hanwha Q CELLS

    In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international production setup including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is in the unique position to flexibly address market needs globally, even including certain key markets with import tariffs, such as the USA and the European Union. Based on its well respected “Engineered in Germany” technology, innovation and quality, Hanwha Q CELLS offers the entire range of outstanding photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a Top-Ten business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/

    About Bayerische Landesbank

    Bayerische Landesbank is an experienced and committed lender to the renewable energy sector, having provided financing solutions for many years to renewable energy companies focused on solar, wind, solar thermal and geothermal technologies throughout Europe. For more information, please visit www.bayernlb.de

    About EDF Energy

    EDF Energy is one of the UK’s largest energy companies and the largest producer of low-carbon electricity, producing around one fifth of the nation’s electricity from its nuclear power stations, wind farms, coal and gas power stations and combined heat and power plants. The company supplies gas and electricity to 6 million business and residential customer accounts and is the biggest supplier of electricity by volume in Great Britain. EDF Energy is part of EDF Group, one of Europe’s largest power companies. The company employs around 15,000 people at locations across the UK. To find out more about the UK’s energy challenges look at www.edfenergy.com/energyfuture/

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact

    Hanwha Q CELLS GmbH

    Corporate Communications Jochen Endle, Oliver Beckel
    TEL +49 (0)3494 6699 10121
    EMAIL [email protected]  

  • PR_EGL GER final

    Jul 8, 2015 3:00:00 PM

    • 86 kWp Solaranlage durch Bürgerenergiegenossenschaft in Betrieb genommen
    • Hoher Direktverbrauchsanteil von 80%
    • Stromabnehmer senken mit Solarstrom ihre Stromkosten
    [Leipzig / Thalheim, Deutschland, xx Mai 2015]

    Auf dem Dach der ehemaligen Klavierfabrik in Leipzig/ Böhlitz-Ehrenberg ist ein Bürgersolarkraftwerk mit Solarmodulen der Marke Q CELLS in Betrieb gegangen. Die Anlage wird von der Energiegenossenschaft Leipzig (EGL) betrieben und versorgt die im Hupfeld-Center ansässigen Stromabnehmer mit preiswertem Sonnenstrom. Den vor Ort erzeugten und verbrauchten Sonnenstrom bezieht der Gebäudeeigner günstiger als konventionellen Strom vom bisherigen Stromanbieter. Aus den Erlösen des Stromverkaufs wird die Anlage refinanziert und Überschüsse fließen zurück an die Mitglieder der Genossenschaft.  
     
    Das Kraftwerk mit einer Gesamtleistung von 86 kWp hat Ende April den Betrieb aufgenommen, wobei regionale Partner der Solarindustrie alle wesentlichen Leistungen erbracht haben. Die EGL wurde 2013 als Bürgerenergiegenossenschaft gegründet und hat derzeit 90 Mitglieder. Über die EGL haben Bürgerinnen und Bürger die Möglichkeit, sich an dem Solarkraftwerk zu beteiligen. „Erneuerbare Energie von Bürgern für mittelständische Unternehmen lohnt sich für alle Beteiligten und die Umwelt. Das ist ganz in unserem Sinn und hier besonders gut gelungen“, sagte EGL-Vorstand Dr. Mathias Mattiza. „Besonders freut uns, dass wir die Anlage vollständig und in kurzer Zeit  durch unsere Mitglieder finanzieren konnten. Das zeigt, wie hoch das Interesse der Bürger ist, sich für den Klimaschutz und eine nachhaltige Energieversorgung zu engagieren“ ergänzt EGL-Aufsichtsrat Thomas Haubner. 
     
    Geplant und errichtet wurde die Solaranlage von dem Leipziger Photovoltaikspezialisten YOKK Solar GmbH. In nur neun Tagen Bauzeit errichtete ein dreiköpfiges Installationsteam die Solaranlage auf 566 Quadratmetern. Herzstück der Anlage bilden 366 Solarmodule vom Typ Q.PRO-G3 der Marke Q CELLS, die von Hanwha Q CELLS, mit Sitz in Thalheim in Sachsen-Anhalt stammen. „Wir freuen uns sehr über den Einsatz unserer Produkte in der Region – und das innerhalb eines wegweisenden Geschäftsmodells für die Solarindustrie in Deutschland“, sagte Jochen Endle, Pressesprecher bei Hanwha Q CELLS.  
     
    Der jährliche Stromertrag der Anlage aus sauberem Solarstrom wird auf ca. 72.700 Kilowattstunden prognostiziert, wodurch rund 49 Tonnen CO2 eingespart werden. Durch die Ost-West-Ausrichtung der Photovoltaik-Anlage wird die Energie gemäß dem Strombedarf des Gebäudes gleichmäßig über den Tag erzeugt, so dass eine hohe Direktverbrauchsquote erzielt wird. Die Mieter des Hupfeld-Centers, mehrere klein- und mittelständische Unternehmen, werden ca. 80% des vor Ort erzeugten Solarstroms direkt verbrauchen und so ihren Stromverbrauch ökologisch ausrichten. Der Überschussstrom wird in das öffentliche Netz eingespeist und durch umliegende Stromabnehmer verbraucht.  
     
    Das Projekt zeigt, wie Gewerbeunternehmen ihre Stromkosten ohne eigenen Kapitaleinsatz senken können, indem sie preiswerten Solarstrom von einer Energiegenossenschaft beziehen. Jede aus der PV-Anlage bezogene Kilowattstunde ersetzt eine teure Kilowattstunde aus dem Netz und sichert das Unternehmen darüber hinaus gegen zukünftige Strompreissteigerungen ab.  
     
    „Im laufenden Jahr sollen noch zwei bis drei weitere Projekte im Raum Leipzig folgen“ so der Vorsitzende der EGL, Matthias Mattiza.

    Über Hanwha Q CELLS

    Im Februar 2015 entstand Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) als neues, global führendes Unternehmen der Solarenergie, nachdem sich mit Hanwha Q CELLS und Hanwha SolarOne zwei weltweit beachtete Photovoltaik-Unternehmen zusammengeschlossen hatten. Das kombinierte Unternehmen ist im NASDAQ unter dem Börsenkürzel HQCL gelistet. Es hat seine zwei Hauptniederlassungen in Seoul, Südkorea, (Global Executive) und Thalheim, Deutschland (Technologie & Innovation). Hanwha Q CELLS ist der weltweit größte Hersteller von Solarzellen sowie einer der größten Modulhersteller. Dank seiner differenzierten internationalen Produktionsaufstellung mit Fertigungsstätten in China, Malaysia und Südkorea, ist Hanwha Q CELLS in der einzigartigen Position, verschiedenen Marktbedürfnissen weltweit und hoch flexibel gerecht zu werden – einschließlich einiger Schlüsselmärkte mit Import-Zöllen, wie den USA und der Europäischen Union. Auf Basis seiner hochangesehenen Technologie, Innovation und Qualität, “Engineered in Germany”, bietet Hanwha Q CELLS das gesamte Spektrum außergewöhnlicher Photovoltaikprodukte, -anwendungen und Lösungen: von Solar-Modulen, über Kits bis hin zu kompletten PV-Systemen. Im Geschäft mit großen Solarkraftwerken ist das kombinierte Unternehmen auch in der Projektentwicklung und dem so genannten EPC (Engineering, Procurement, Construction) aktiv. Über sein wachsendes weltweites Vertriebsnetz in Europa, Nord Amerika, Asien, Süd-Amerika, Afrika sowie dem Nahen Osten bietet Hanwha Q CELLS exzellenten Service und langfristige Partnerschaft für seine Kunden in den Bereichen Energie-Versorger, Industrie & Gewerbe, Öffentliche Hand, sowie im Privatkundenmarkt. Hanwha Q CELLS ist ein FlaggschiffUnternehmen der Hanwha Gruppe, eines FORTUNE® Global 500 Unternehmens sowie eines der zehn größten Unternehmen Südkoreas. Für weitere Informationen, besuchen Sie: http://investors.hanwhaqcells.com/

    Über die Energiegenossenschaft Leipzig

    Die EGL hat ihre Tätigkeit als eingetragene Genossenschaft im November 2014 aufgenommen und ist die erste aktive Energiegenossenschaft in Leipzig. Derzeit zählt die EGL rund 90 Mitglieder. Ziel der Genossenschaft ist es, eine dezentrale und bürgergeführte Energiewende auch in einer Großstadt wie Leipzig umzusetzen. In Deutschland wurden mittlerweile über 900 Energiegenossenschaften gegründet, von denen sich viele im ländlichen Raum befinden.

    Über YOKK Solar

    Yokk Solar ist Anbieter von Photovoltaikstrom. Spezialisiert in der Planung, dem Bau und dem Betrieb von Photovoltaikanlagen verhilft die 2010 gegründete Firma mit verschiedenen Geschäftsmodellen seinen Kunden zu kostengünstiger Energie. Die Erfahrung von mehr als 350 realisierten PV-Projekten gibt die Expertise, die Photovoltaik mit innovativen Produkten in den Strommarkt zu integrieren. Mit Standorten in Großbritannien und in Kürze in Schweden verbreitet Yokk Solar die dezentrale Energieversorgung weit über Deutschland hinaus. www.yokk-solar.com

    Safe Harbour Erklärung

    Diese Pressemitteilung enthält zukunftsbezogene Aussagen. Diese Erklärungen stellen zukunftsbezogene Aussagen innerhalb der Bedeutung von Abschnitt 27A des Wertpapiergesetzes von 1933 in der jeweils gültigen Fassung und Abschnitt 21E des Security Exchange Act von 1934 in der jeweils gültigen Fassung und wie im U.S.-amerikanischen Private Securities Litigation Reform Act von 1995 dar. Diese zukunftsbezogenen Erklärungen können durch eine Terminologie identifiziert werden, wie "wird", "erwartet", "nimmt an", "Zukunft", "beabsichtigt", "plant", "glaubt", "schätzt" und ähnliche Aussagen. Unter anderem enthalten die Zitate vom Management in dieser Pressemitteilung sowie der Geschäftsausblick des Unternehmens zukunftsbezogene Aussagen. Diese Aussagen beinhalten bestimmte Risiken und Unsicherheiten, die dazu führen könnten, dass die tatsächlichen Ergebnisse wesentlich von denen in den zukunftsbezogenen Aussagen abweichen. Weitere Informationen zu diesen und sonstigen Risiken sind in den Dokumenten von Hanwha SolarOne bei der U.S.-Wertpapieraufsichtsbehörde enthalten, einschließlich des Jahresberichts auf Formular 20-F. Außer in dem gesetzlich erforderlichen Maße übernimmt das Unternehmen keine 

     
    Verpflichtung zur Aktualisierung von zukunftsbezogenen Aussagen, sei es infolge neuer Informationen, zukünftiger Ereignisse oder anderweitig. 

    Contact

    Hanwha Q CELLS GmbH 
     
    Corporate Communications 
    Jochen Endle, Oliver Beckel 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected] 
    WEB www.hanwha-qcells.com

  • Hanwha Q CELLS Japan puts self-developed 24MW PV power plant into operation

    Jun 20, 2015 3:00:00 PM

    • Over 97,000 Q.PRO-G3 modules to produce nearly 25 million kWh of clean electricity per year
    • Successful installation in mountainous area
    • Hanwha Q CELLS Japan expands its position as Independent Power Producer (IPP) in Japan

    [Oita, Japan, 16 January, 2015] – Hanwha Q CELLS Japan today announced the completion and grid connection of the 24 MW “Hanwha Solar Power Kitsuki” PV power plant in Kitsuki, Oita prefecture in south-western Japan. The company has developed the project and will act as an independent power producer (IPP). The ground-mounted power plant consists of nearly 100,000 high quality Q.PRO-G3 solar panels and will generate an estimated 24,000 MWh of clean energy per year – enough to power more than 7,000 local households. Hanwha Q CELLS Japan has succeeded in installing the nearly 100,000 Q CELLS photovoltaic modules on a 300,000m² site using a construction method for mountain slopes by utilizing geographical features. The Oita prefecture is a leading region in Japan that actively promotes renewable energy from photovoltaic power systems.  
     
    The 24 MW PV power plant starts operations as the third IPP project by Hanwha Q CELLS Japan, following the “Awanishi Solar Hills Power Plant” (2MW; operational since July 2013; Awa City, Tokushima prefecture)” and “Hanwha Solar Power of Kushiro Plant” (0.8MW; operational since 2014; Kushiro City, Hokkaido).  
     
    In addition to these three projects, Hanwha Q CELLS Japan currently has two more IPP projects under construction – Kushiro City, Hokkaido (about 1.2 MW) and Awa City, Tokushima prefecture (about 3 MW). Hanwha Q CELLS Japan aims to develop power plants that are capable of producing more than 100 MW annually. The company further aims to contribute to the development of solar energy in Japan, not only by selling photovoltaic modules and systems, but also by supplying safe electric power permanently. 
    “We are very glad to provide the area with clean energy,” said Jongseo Kim, Managing Director of Hanwha Q CELLS Japan. “The Oita project strengthens our footprint as an independent power producer in the attractive Japanese market and underlines Hanwha Q CELLS international position as a provider of reliable and high quality power plant solutions.”

    About Hanwha Q CELLS Japan

    In 1984, Hanwha Q CELLS Japan was established as the Japanese subsidiary of Hanwha Group - one of the top ten business enterprises in South Korea – and celebrated its 30th anniversary in March 2014. Hanwha Q CELLS Japan works with various key industries from photovoltaic plant related enterprises (those which import and sell photovoltaic modules, IPP enterprises) to chemicals, iron and steel, machinery and plants, automobile parts, and IT related devices, and it develops the export and import business between Asian countries and business selling in the Japanese market. In terms of its photovoltaic business, Hanwha Q CELLS Japan is one of the top foreign-affiliated photovoltaic module manufacturer based on domestic shipments in 2013 (520MW). For more information, visit: URL: www.hanwha-japan.com

    About Hanwha Q CELLS

    Hanwha Q CELLS stands for globally high-flying and technologically leading photovoltaic solutions. Based on a strong financial position and many years of PV industry experience the business offers solar products, applications and complete solar parks as well as long-term partnership and services for all PV segments. Through a broad international setup the supplier successfully covers the world’s large and fast-growing solar markets and markets its products via an international sales-network with branches in the Americas, Asia, Europe and Australia. Around the globe customers trust in the Q CELLS brand which is famous for industry-leading technology, innovation and quality – “Engineered in Germany”. Q CELLS latest feature is the unique cell concept Q.ANTUM invented and commercialized to maximize the energy yield and thus ensuring lowest LCOE. Hanwha Q CELLS is currently on its way of merging with its sister company. Hanwha announced the merger of Hanwha Q CELLS and Hanwha SolarOne on 8 December 2014 to create a new solar power leader. The merger is expected to close in the first quarter of 2015. Together with SolarOne, Q CELLS looks forward to growing its global leadership position. For more information, visit: www.q-cells.com.

    About Hanwha Group

    Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has 52 domestic affiliates and 126 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to property development and total solar energy solutions. The finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. For more information, visit: www.hanwha.com.

    Contact

    Hanwha Q CELLS GmbH 
    Sonnenallee 17-21 06766 Bitterfeld-Wolfen (OT Thalheim), Germany 
     
    Press Contact Hanwha Q CELLS Japan 
    DI Shin, Misa Kobayashi 
    TEL +81 3 5441 5928 
    EMAIL [email protected] / [email protected]  
    WEB www.q-cells.jp 
     
    Corporate Communications Hanwha Q CELLS  
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com   
     
    Managing Directors Jinseog Choi, Ji Ho Shin, Koo Yung Lee, Kye Chun Son 

  • HQC and 1366 form partnership

    Mar 4, 2015 3:00:00 PM

  • Partnership Reflects Joint Mission to Meet Global Demand for HighPerformance, Low-Cost Photovoltaics

    Bedford, MA and Thalheim, Germany – March 5, 2015

    Bedford, MA and Thalheim, Germany – March 5, 2015 –1366 Technologies and Hanwha Q CELLS (NASDAQ:HQCL)today announced that they have entered into a long-term strategic partnership to jointly advance the efficiency and quality of solar cells while dramatically reducing their costs. The two companies will collaborate on the development of 1366’s proprietary Direct Wafer™ Technology with the intent to commercialize and use Direct Wafers™ in Hanwha Q CELLS’ world-renowned solar cells. 
     
    Upon successful commercialization of the Direct Wafer™ technology, the companies expect to expand the partnership. Among others, the potential options include the supply of Direct Wafers™ from 1366’s manufacturing facilities to Hanwha Q CELLS.  
     
    “Our mission at Hanwha Q CELLS is to be at the forefront of photovoltaic technology and to rapidly translate innovation into mass production,” said Seong-woo Nam, CEO, Hanwha Q CELLS. “1366’s Direct Wafer™ technology is innovation at its best. We strongly believe in its potential to be commercialized in order to deliver significant cost reductions and quality improvements at the same time. ”  
     
    “It is a powerful endorsement of our technology that Hanwha Q CELLS has recognized the high potential of our technology to advance cell performance and drive down the cost of photovoltaics,” said Frank van Mierlo, CEO, 1366 Technologies. “Hanwha Q CELLS is recognized globally for its commitment to innovation and quality, setting many technical standards for the industry. We couldn’t be more proud to combine our resources with a company that’s long stood at the center of the global solar revolution. It’s an ideal fit.”  
     
    1366 Technologies’ Direct Wafer™ forms multi-crystalline wafers directly from molten silicon instead of today’s multi-step, energy- and capital-intensive process. The result is a uniformly better wafer, created at one-half the cost.  The technology also has the enormous benefit of being a “drop-in” replacement for 60 percent of the photovoltaics market, making it seamless for cell and panel manufacturers to readily adopt the technology without adding a single new piece of equipment.  1366 Technologies remains on track to build a 250 MW commercial facility in the United States. Construction is scheduled to begin in Q3 of 2015. To date, the Company has raised more than $64 million from private investors including The Hanwha Group, which participated in the Company’s Series B round in 2010. 

    About 1366 Technologies

    1366 Technologies aims to deliver solar at the cost of coal. The company combines breakthrough technology innovations with lean manufacturing processes to make a new class of silicon wafers, the building blocks of solar cells, at a fraction of today’s cost. Developed by a veteran team of scientists, engineers and entrepreneurs, the company’s novel approach breaks the historic efficiency and cost tradeoffs of photovoltaics. 1366 Technologies is headquartered in Bedford, MA. For more information, please visit www.1366tech.com.

    About Hanwha Q CELLS

    In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as wells as one of the largest photovoltaic module manufacturers. Due to its diverse international production footprint including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is flexibly positioned to address all global markets, even ones with import tariffs, such as the United States and the European Union. Based on its respected “Engineered in Germany” technology, innovation, and quality, Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications, and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East the company provides excellent services and long-term partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE® Global 500 firm and a Top-Ten business enterprise in South Korea. For more information, visit: www.q-cells.com / http://investors.hanwha-solarone.com

    Contact

    Corporate Communications 
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com/unternehmen/presse.html 
     
    Laureen Sanderson for 1366 Technologies +1 (617) 694-7336 [email protected]

    Safe-Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995.These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Hanwha Q CELLS filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. 
     
    Source: Hanwha Q CELLS Co., Ltd. 

  • One of Poland's Largest PV Plants Runs with Q CELLS Modules

    Feb 3, 2015 3:00:00 PM

    • 1.6 megawatts solar power plant completed for the country's third largest energy group, ENERGA
    • Hanwha Q CELLS places hopes on gradually growing Polish PV market
    • Q CELLS’ Q.ANTUM Technology is used for maximized energy yield
    [Gdańsk, Poland & Thalheim, Germany, February 3, 2015]

    One of Poland’s largest photovoltaic power plants has been brought online at the Baltic Sea in Gdańsk. The internationally leading PV provider Hanwha Q CELLS supplied the Poland-based EPC company PVTEC Polska Sp. z o. o. and installation business INSBUD Sp. z o.o., with circa 1.6 megawatts (MWp) of its crystalline Q.PRO-G3 modules with power classes of 260 watt-peak (Wp). The two companies were responsible for planning and construction of the large-scale project in the Voivodeship of Pomerania; the installation took two months. The plant will produce enough clean energy to power around 720 households; based on the average energy consumption of a Polish household. The PV power station has been constructed for ENERGA Group, the country's third largest energy group and leader of the Polish market in terms of the share of renewable energy in own production, who carried out the tender.

    Hopes on the Polish PV

    market Dariusz Ścibor, Project Manager at PVTEC Polska said, “We are glad that we were the company who came out as the winner of the tender process. For reasons of quality and reputation we decided to use the high-performing Q CELLS modules to power the solar park.” Plenty of companies had submitted their tenders to the utility for the plant’s construction. Adrian Kocan, who is responsible for Hanwha  Q CELLS’ sales activities on the Polish PV market, said, “We are pleased about contributing to this utility-scale PV project of ENERGA Invest, PVTEC and INSBUD with our Q CELLS modules.”  
     
    Hanwha Q CELLS is one of the most active PV companies in Poland. The PV provider had already successfully supplied modules in the country. The Polish PV market is gradually on its way up. “Our company places hopes on this PV market and sees Poland as the most active PV market of Eastern Europe. We strongly welcome the fact that the political framework for further developing photovoltaics in Poland takes more and more concrete shape,” said Justin Lee, CCO of Hanwha Q CELLS. 

    Q CELLS’ Q.ANTUM Technology

    Q.ANTUM is a cell concept Q CELLS has invented and commercialized based on the sophisticated balancing of the whole cell architecture to maximize the energy yield. According to independent researchers, Q.ANTUM Technology holds the world efficiency records for polycrystalline solar cells (19.5 percent) and 60 cell modules (18.5 percent)*. 
     * “Progress in Photovoltaics” Report Res. Appl. 2014; 22:701–710 © 2014 John Wiley & Sons, Ltd. 


    About PVTEC Polska Sp. z o. o. Founded at the beginning of 2010, PVTEC Polska, located near Kraków, Poland, is one of the country’s first companies being active in the photovoltaics business. PVTEC is highly specialized regarding the application of PV technology in industry. Its employees have several years of experience in the PV markets of Sweden and Canada. In addition, the business offers PV modules as complete PV kits including inverters, mounting systems and electronic equipment. PVTEC is active in the residential as well as C&I segment and is responsible for the planning and construction of PV power plants, including 


    those with a capacity significantly in excess of one megawatt. Furthermore, the company designs and supplies its customers with turn-key solutions for PV module manufacturing. 

    About Hanwha Q CELLS

    Hanwha Q CELLS stands for globally high-flying and technologically leading photovoltaic solutions. Based on a strong financial position and many years of PV industry experience, the business offers solar products, applications and complete solar parks as well as long-term partnership and services for all PV segments. Through a broad international setup the supplier successfully covers the world’s large and fast-growing solar markets, and markets its products via an international sales network with branches in the Americas, Asia, Europe and Australia. Around the globe customers trust in the Q CELLS brand, which is famous for industry-leading technology, innovation and quality – “Engineered in Germany”.    Q CELLS’ latest feature is the unique cell concept Q.ANTUM, invented and commercialized to maximize the energy yield and thus ensuring lowest LCOE. Hanwha Q CELLS is currently on its way of merging with its sister company. Hanwha announced the merger of Hanwha Q CELLS and Hanwha SolarOne on 8 December 2014 to create a new solar power leader. The merger is expected to close in the first quarter of 2015. Together with SolarOne, Q CELLS looks forward to growing its global leadership position. For more information, visit: www.q-cells.com. 
     
    About Hanwha Group Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has 52 domestic affiliates and 126 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to property development and total solar energy solutions. The finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. For more information, visit: www.hanwha.com. 

    Contact

    Hanwha Q CELLS GmbH Sonnenallee 17-21 06766 Bitterfeld-Wolfen (OT Thalheim), Germany 
     
    Corporate Communications 
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com/en.html   
     
    Managing Directors Jinseog Choi, Ji Ho Shin, Koo Yung Lee, Kye Chun Son

  • Hanwha Q CELLS Acquires Tower Hill Solar Farm From Green Hedge Group

    Jan 28, 2015 3:00:00 PM

  • [London, United Kingdom/Thalheim, Germany, 29 January 2015]

    Green Hedge Group (“Green Hedge”) and Hanwha Q CELLS today announced that the internationally leading PV provider has acquired the project rights to build the Tower Hill solar farm in South Gloucestershire, UK, for an undisclosed amount. Green Hedge has successfully taken the 6.46 MW project from inception through to planning consent and a ready-to-build state, thereby completing the development of Green Hedge’s 18th UK solar farm project. The financials of the acquisition have not been disclosed. 
     
    Hanwha Q CELLS will now build and own the Tower Hill solar farm. Once operational, it will provide enough electricity for over 1,800 households. Green Hedge will continue to stay involved with the project as operations and maintenance sub-contractor to Hanwha Q CELLS. 
     
    Considerate design and community engagement have been central to the development of the project. Practical commitments in the project developed by Green Hedge, which are to be implemented by Hanwha Q CELLS, include establishing 10.6 hectares of improved grasslands, creating three wildflower meadows, two new pond habitats and a log pile habitat, as well as significant planting of trees and hedgerows, encouraging biodiversity and protecting the site visually. It is anticipated that the landowner will continue to maintain the dual-use nature of the site by grazing sheep underneath the solar panels for the duration of the solar farm’s operating life. At the end of the 25-year project term, the site will be returned to its original condition. 
     
    As part of its agreement with Green Hedge, Hanwha Q CELLS has also confirmed that following connection of the solar farm to the electrical grid, expected in March 2015, and until the decommissioning of the solar farm in 25 years’ time, an inflation linked annual payment of £5,810 will be provided to and shared between Thornbury Town Council and Tytherington Parish Council. The funds, approximately £145,250 over the lifetime of the solar farm, will be used for the benefit of local residents.   
     
    Tess Sundelin, Managing Director at Green Hedge, said, “We are delighted that Hanwha Q CELLS will now take on the project and see the Tower Hill solar farm through construction and into the operating phase. The solar farm will be a significant source of green electricity for South Gloucestershire and provide important financial benefits to the local community. We are also delighted to continue our own involvement as operations and maintenance sub-contractor.”  
     
    Kieron Kane, Head of Project Development UK at Hanwha Q CELLS, said, “We are very happy about realising the Tower Hill Solar Farm in cooperation with Green Hedge. The project will further deepen Hanwha Q CELLS´ footprint as a provider of reliable Power Plant Solutions to our customers, communities and our partners in the UK.”

    About Green Hedge Group

    Green Hedge Group (www.green-hedge.com) develops, finances and operates renewable energy projects in the UK. It joins together Green Hedge Solar Operations, an experienced operations and maintenance provider, with Green Hedge Renewables (formerly AEE Renewables). With over 125 megawatts of capacity commissioned or under construction across 18 sites, Green Hedge Renewables is one of the UK’s leading developers of solar farms. 


    Green Hedge Group was established in 2010, and has offices in London and Bath. 


    Green Hedge Group – Media Contact  
     
    Juliet Callaghan 
    EMAIL [email protected]   
    TEL +44 (0)203 3289 383 / 0796 8819 273  
     
    Alex Rowbottom 
    EMAIL [email protected]  
    TEL +44 (0)203 328 9384 / 07734 568 590 

    About Hanwha Q CELLS

    Hanwha Q CELLS stands for technologically leading photovoltaic products and solutions in exceptional quality. Based on a strong financial position and many years of PV industry experience the business offers solar products, applications and complete solar parks as well as long-term partnership and services for all PV segments. Through a broad international setup the supplier successfully covers the world’s large and fast-growing solar markets and markets its products via an international sales-network with branches in the Americas, Asia, Europe and Australia. Around the globe customers trust in the Q CELLS brand which is famous for industry-leading technology, innovation and quality – “Engineered in Germany”. Q CELLS latest feature is the unique cell concept Q.ANTUM invented and commercialized to maximize the energy yield and thus ensuring lowest LCOE. Hanwha Q CELLS is currently on its way of merging with its sister company. Hanwha announced the merger of Hanwha Q CELLS and Hanwha SolarOne on 8 December 2014 to create a new solar power leader. The merger is expected to close in the first quarter of 2015. Together with SolarOne, Q CELLS looks forward to growing its global leadership position. For more information, visit: www.q-cells.com.

    Contact

    Hanwha Q CELLS GmbH 
    Sonnenallee 17-21 06766 Bitterfeld-Wolfen (OT Thalheim), Germany 
     
    Corporate Communications 
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com   
     
    Managing Directors Jinseog Choi, Ji Ho Shin, Koo Yung Lee, Kye Chun Son

  • HQC to Reshape International Production Setup

    Jan 20, 2015 3:00:00 PM

  • Hanwha Q CELLS Japan Puts Self-Developed 24MW PV Power Plant Into Operation

    • Over 97,000 Q.PRO-G3 modules to produce nearly 25 million kWh of clean electricity per year
    • Successful installation in mountainous area
    • Hanwha Q CELLS Japan expands its position as Independent Power Producer (IPP) in Japan

    [Oita, Japan, 16 January, 2015] – Hanwha Q CELLS Japan today announced the completion and grid connection of the 24 MW “Hanwha Solar Power Kitsuki” PV power plant in Kitsuki, Oita prefecture in south-western Japan. The company has developed the project and will act as an independent power producer (IPP). The ground-mounted power plant consists of nearly 100,000 high quality Q.PRO-G3 solar panels and will generate an estimated 24,000 MWh of clean energy per year – enough to power more than 7,000 local households. Hanwha Q CELLS Japan has succeeded in installing the nearly 100,000 Q CELLS photovoltaic modules on a 300,000m² site using a construction method for mountain slopes by utilizing geographical features. The Oita prefecture is a leading region in Japan that actively promotes renewable energy from photovoltaic power systems.  
     
    The 24 MW PV power plant starts operations as the third IPP project by Hanwha Q CELLS Japan, following the “Awanishi Solar Hills Power Plant” (2MW; operational since July 2013; Awa City, Tokushima prefecture)” and “Hanwha Solar Power of Kushiro Plant” (0.8MW; operational since 2014; Kushiro City, Hokkaido).  
     
    In addition to these three projects, Hanwha Q CELLS Japan currently has two more IPP projects under construction – Kushiro City, Hokkaido (about 1.2 MW) and Awa City, Tokushima prefecture (about 3 MW). Hanwha Q CELLS Japan aims to develop power plants that are capable of producing more than 100 MW annually. The company further aims to contribute to the development of solar energy in Japan, not only by selling photovoltaic modules and systems, but also by supplying safe electric power permanently. 
    “We are very glad to provide the area with clean energy,” said Jongseo Kim, Managing Director of Hanwha Q CELLS Japan. “The Oita project strengthens our footprint as an independent power producer in the attractive Japanese market and underlines Hanwha Q CELLS international position as a provider of reliable and high quality power plant solutions.”

    About Hanwha Q CELLS Japan

    In 1984, Hanwha Q CELLS Japan was established as the Japanese subsidiary of Hanwha Group - one of the top ten business enterprises in South Korea – and celebrated its 30th anniversary in March 2014. Hanwha Q CELLS Japan works with various key industries from photovoltaic plant related enterprises (those which import and sell photovoltaic modules, IPP enterprises) to chemicals, iron and steel, machinery and plants, automobile parts, and IT related devices, and it develops the export and import business between Asian countries and business selling in the Japanese market. In terms of its photovoltaic business, Hanwha Q CELLS Japan is one of the top foreign-affiliated photovoltaic module manufacturer based on domestic shipments in 2013 (520MW). For more information, visit: URL: www.hanwha-japan.com

    About Hanwha Q CELLS

    Hanwha Q CELLS stands for globally high-flying and technologically leading photovoltaic solutions. Based on a strong financial position and many years of PV industry experience the business offers solar products, applications and complete solar parks as well as long-term partnership and services for all PV segments. Through a broad international setup the supplier successfully covers the world’s large and fast-growing solar markets and markets its products via an international sales-network with branches in the Americas, Asia, Europe and Australia. Around the globe customers trust in the Q CELLS brand which is famous for industry-leading technology, innovation and quality – “Engineered in Germany”. Q CELLS latest feature is the unique cell concept Q.ANTUM invented and commercialized to maximize the energy yield and thus ensuring lowest LCOE. Hanwha Q CELLS is currently on its way of merging with its sister company. Hanwha announced the merger of Hanwha Q CELLS and Hanwha SolarOne on 8 December 2014 to create a new solar power leader. The merger is expected to close in the first quarter of 2015. Together with SolarOne, Q CELLS looks forward to growing its global leadership position. For more information, visit: www.q-cells.com.

    About Hanwha Group

    Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has 52 domestic affiliates and 126 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to property development and total solar energy solutions. The finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. For more information, visit: www.hanwha.com.

    Contact

    Hanwha Q CELLS GmbH 
    Sonnenallee 17-21 06766 Bitterfeld-Wolfen (OT Thalheim), Germany 
     
    Press Contact Hanwha Q CELLS Japan 
    DI Shin, Misa Kobayashi 
    TEL +81 3 5441 5928 
    EMAIL [email protected] / [email protected]  
    WEB www.q-cells.jp 
     
    Corporate Communications Hanwha Q CELLS  
    Jochen Endle, Robert Reinsch 
    TEL +49 (0)3494 6699 10121 
    EMAIL [email protected]  
    WEB www.q-cells.com   
     
    Managing Directors Jinseog Choi, Ji Ho Shin, Koo Yung Lee, Kye Chun Son

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