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Hanwha Solutions and Solarwatt enter into patent licensing agreement

The Qcells global R&D Centre in Thalheim, Germany.

[Berlin, Germany, March 16, 2023] Hanwha Solutions, a parent company of a complete clean energy solutions provider Qcells, and Solarwatt, a German solar and renewable energy company, today announced that they have signed a patent licensing agreement pertaining to the licensed patent, European Patent 2220689 (the “EP ’689”).

The license agreement relates to Q.ANTUM Technology, Qcells’ proprietary solar-manufacturing technology developed in 2012 and embodied in the EP ’689. The technology is based on Passivated Emitter and Rear Contact (PERC) technology, which improves the efficiency and performance of silicon-based solar cells.

Hanwha Qcells GmbH Managing Director Moon-Hwan Cha said: “Qcells has always strived to protect a fair and healthy competition for the best technology in the solar industry. This licensing agreement with Solarwatt ensures that customers across Europe can continue to have uninterrupted access to in-demand and transformative solar technology, against a backdrop of a fair and competitive R&D environment.”

Solarwatt’s managing Director Detlef Neuhaus is satisfied that Solarwatt and Hanwha Solutions have found a fair solution for all parties: “The agreement with Hanwha Solutions creates legal certainty not only for us, but also for our installation partners and our customers,” he said.