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Hanwha Q CELLS Increases Production Capacity to 1.5 GW by the End of the Year


– Construction of additional 204 MW production line in Malaysian plant completed on schedule

– ‘Manufacturing Excellence Initiatives’ at production facilities in Malaysia and Germany to bring another 230 MW by the end of 2014

– Company confirms its No.1 position among European PV providers with 539 MW of shipments in the first half of 2014

[Thalheim, Germany / Cyberjaya, Malaysia, 7 August 2014] – German headquartered Hanwha Q CELLS has completed the construction of an additional 204 MW production line for high performance solar cells in its Malaysian manufacturing facility. In addition, Europe´s largest photovoltaics (PV) provider today announced a further increase in production capacity to more than 1.5 GW in total. The company said it has launched ‘Manufacturing Excellence Initiatives’ at both its production sites in Malaysia and Germany, which are expected to result in an additional capacity increase of around 230 MW by the end of this year. By further increasing capacity the company aims to satisfy the growing global demand for its high quality PV modules and solutions.

Hanwha Q CELLS has grown its shipments in the first half of 2014 by 68 percent to 539 MW in total (H1 2013: 320 MW), thus confirming the company´s position as the largest European PV provider. CEO Charles Kim says, “Hanwha Q CELLS is further expanding its strong position in the international PV markets. Against the background of rising global demand for our high quality PV products and solutions we will further increase our international production capacities.”

Malaysia: Ramp up of new production line according to schedule The construction of an additional 204 MW cell production line at the company´s main plant for mass production in Cyberjaya, Malaysia, was first announced in January 2014. The construction was completed on schedule by the end of June 2014. The line is already producing the company´s leading solar cells and is currently being ramped up to full utilization. Thus the company´s main facility for mass production in Malaysia has now reached a total production capacity of 1.1 GW.

 

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