‘- Hanwha 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.
