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

Published in: Solar, Press Releases, Renewable News

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

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