NEWS

2018.09.19

Hanwha Q CELLS to showcase ”Made in America” products and its bifacial module at Solar Power International 2018

  • "Made in America" range of solar products will launch in the United States next year.
  • Also on display will be the new bifacial prototype solar module, the Q.PEAK DUO L-G5.3/BF.
  • Visitors to the Hanwha Q CELLS booth can also enjoy its golf event and experience a virtual reality video that showcases the Company’s smart manufacturing system and module testing process.

 

[Berlin, Germany, September 19, 2018] Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, will participate in the 2018 Solar Power International (SPI) Exhibition held at the Anaheim Convention Center from September 25 to 27, 2018. SPI is regarded as one of the world's core solar PV exhibitions alongside Intersolar Europe, SNEC in China and PV EXPO in Japan. More than 20,000 industry professionals are expected to attend and over 650 companies will exhibit their products and technologies this year.

 

Even after imposing safeguard measures on imported solar cells and modules, the U.S. solar market remains one of the largest in the world. For Hanwha Q CELLS, the U.S. market is particularly critical due to the synergy between the Company’s excellent product performance and level of quality, in addition to the huge demand in the U.S. for premium solar products used in large-scale power plants, the residential sector, and commercial markets.

 

Therefore, Hanwha Q CELLS will not only showcase its existing product portfolio, but also introduce its “Made in America” products, which will launch next year. Additionally, Hanwha Q CELLS will introduce its new prototype bifacial solar module, the Q.PEAK DUO L-G5.3/BF.

 

New product range to join high output Q.PEAK DUO-G5 and Q.PEAK DUO BLK-G5 at booth 2426

The Q.PEAK DUO-G5, a monocrystalline solar module with half-cut cells, has a maximum output of 330Wp in a 120-cells format, and is the Company’s main product in the U.S. market. This solar module can generate higher electricity on the narrow rooftop of a residential or commercial facility, and can help lower LCOE in the long term. The Q.PEAK DUO BLK-G5 is a similar half-cell module that employs an aesthetically-pleasing black frame and backsheet, and is thus a favorite for residential market.

 

In addition, Hanwha Q CELLS will also display its “Made in America” products, which will launch in 2019. This range includes the Q.PEAK DUO BLK-G6 – a next generation module of the Q.PEAK DUO BLK-G5 – with approximately 5% more output. Additionally, on display will be the Q.PLUS DUO L-G5.2, a multicrystalline solar module with half-cut cells that has a maximum output of up to 370Wp in a 144-cell format and is suitable for large-scale solar power plants.

 

Under the “Made in America” slogan, Hanwha Q CELLS aims to increase consumer confidence based on products manufactured in the U.S., and plans to serve the entire U.S. solar market – from utility through to the residential sector.

Hanwha Q CELLS will also showcase a prototype of an exciting new product that is currently under development. By adopting bifacial technology, the Q.PEAK DUO L-G5.3/BF can generate electricity on the back side of the module, thus boosting the output compared to mono-facial solar modules.

 

Hanwha Q CELLS will also display the European Q.HOME+ ESS HYB-G2, which consists of an inverter, scalable battery and smart energy management system, in order to foreshadow efforts in developing an ESS product suitable for the U.S. market. By unveiling these new products pending future launch, Hanwha Q CELLS continues to promote its excellent technology and continuous efforts for new and innovative products.

 

In addition to product launches and unveilings, Hanwha Q CELLS will operate a golf event on the first two days of the exhibition. The event will consist of autograph sessions, photo opportunities, and simple golf lesson with Eun-hee Ji, Jenny Shin and Nelly Korda of Hanwha Q CELLS’ golf team, offering visitors yet another reason to enjoy the booth. Furthermore, Hanwha Q CELLS will invite visitors to experience how the Company ensures the reliability and quality of its products using virtual reality. Viewers will be taken into the virtual world of Hanwha Q CELLS’ smart manufacturing system and module testing process, which is two-to-three times more stringent than global testing standards.

 

About Hanwha Q CELLS

Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. 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. 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 partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.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 Hanwha Q CELLS’ 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 expressed in or suggested by 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, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Contact:

Hanwha Q CELLS GmbH

Corporate Communications

Jochen Endle, Ian Clover

Tel: +49 (0)3494 6699 10121

E-mail: presse@q-cells.com



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