Hanwha Q CELLS’ Leading German Technology Debuts in China
April 26 2015 - 9:00PM
Business Wire
Hanwha Q CELLS will exhibit at Shanghai SNEC PV Expo, Booth
N1-350
Hanwha Q CELLS Co., Ltd. (the "Company" or "Hanwha Q
CELLS") (NASDAQ: HQCL), the world's largest photovoltaic cell
manufacturer and one of the largest photovoltaic module
manufacturers, will display its “Engineered in Germany”
technologies and leading products at the 2015 SNEC PV Power Expo in
Shanghai from April 28 to 30.
“The recent merger of Hanwha SolarOne and Hanwha Q CELLS has
created the largest solar cell manufacturer in the world, with
annual production capacity reaching 3.28GW,” noted Hanwha Q CELLS
president Mr. Nam Seong Woo. “However, we are not just satisfied
with our capacity; Hanwha Q CELLS is dedicated to commercializing
the world’s leading PV technology. We are very excited to present
our next generation HSL S series modules and Q.ANTUM technology at
2015 SNEC. As an extension of our leading technology, we will also
exhibit our Hot Environment S module and Q.ANTUM Half Cell module
designed to meet specific needs from customers around the
world.”
The HSL S series modules are manufactured at fully-automated
production facilities and come equipped with new four bus-bar cells
leading to improved performance, quality, and guarantees. The new
HSL S series modules improve Hanwha Q CELLS’ solutions for each
segment, including residential, commercial, and utility, and
provide superior value to customers.
“We are also proud to show our Q.ANTUM technology in China for
the first time. Q.ANTUM has achieved the world’s highest efficiency
for polycrystalline solar cells at 19.5%.” Mr. Nam said. “Q.ANTUM
has been proven in mass production, with 60 cell module efficiency
at 18.5%. Its excellent low light behavior, temperature
coefficients, anti-PID, and hot-spot protect technologies guarantee
yields for customers and protect their investment.”
Hanwha Q CELLS strives to become the top player in the China PV
market, aided by the bankability of its parent company Hanwha
Group, a Fortune GLOBAL 500 company and a top-ten business
enterprise in South Korea. Hanwha Q CELLS is aggressively
developing its downstream business, as well as growing its position
as a leading module supplier. Hanwha Q CELLS has targeted
cumulative installation of 3 gigawatts in power generation projects
in China by 2020, including distributed generation and
utility-scale rooftop and ground mounted applications.
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
Co., Ltd. and Hanwha Q CELLS Investment Co., Ltd. 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 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
http://investors.hanwha-qcells.com
About the 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.
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 Co., Ltd.Paul Combs, +86-21-3852-1533VP of
Investor RelationsMobile:
+86-138-1612-2768PAUL.COMBS@HANWHA-QCELLS.COM
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