NEWS

2018.11.27

Hanwha Q CELLS’ Q.PEAK-G4.1 solar modules secure Excellent Quality recognition with Italy’s Altroconsumo and ITA bodies

  • The Q.PEAK-G4.1 310 Wp solar modules manufactured by Hanwha Q CELLS have been certified in the highest quality category by Altroconsumo and Istituto Tecnologie Avanzate
  • The criteria for obtaining the recognition of Excellent Quality cover a range of performance, reliability and cost factors
  • Alberto Nadai, Hanwha Q CELLS’ Area Sales Manager of Italy, said: “This accolade from Altroconsumo and ITA serves to underline just why Hanwha Q CELLS’ modules are an attractive choice for solar developers looking for a cost-effective solution that will enhance their own reputations as reliable installers of PV systems.” 

 

[Berlin, Germany, November 27, 2018] Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) (“Hanwha Q CELLS” or the “Company”), one of the largest solar cell and module manufacturers in the world, can this week confirm that its Q.PEAK-G4.1 solar modules have been awarded the highest rating for quality by Italy’s Altroconsumo and the Istituto Tecnologie Avanzate (ITA). 

In tests conducted on 14 solar modules from leading suppliers, Altroconsumo and the ITA ranked Hanwha Q CELLS’ Q.PEAK-G4.1 310 Wp solar module in the “Excellent Quality” category thanks to the module’s superior performance, durability, reliability and competitive price-point. 

The Altroconsumo and ITA tests are marked by exclusive seals that serve to certify the quality and performance of the solar modules that are tested by the independent platform and institute. 

In Italy, Altroconsumo is well-known as the nation’s largest and most trusted independent and non-party political consumer organization. In association with the ITA – one of Italy’s leading institutes for advanced technology – this accolade and certification is one of the highest that can be awarded to solar goods in Italy. 

 

Peak by name, peak-performance by nature 

Hanwha Q CELLS’ Q.PEAK-G4.1 solar module boasts a performance class of up to 310 Wp and efficiencies of 18.6%. This monocrystalline solar module combines the exceptional performance of the Company’s proprietary Q.ANTUM (PERC) cell technology with anti-LID performance that eliminates light-induced degradation almost completely. The Q.PEAK-G4.1 also has an enhanced visual aesthetic that makes it a popular choice among residential homeowners looking to embrace solar energy. 

Alberto Nadai, Area Sales Manager for Hanwha Q CELLS Italy, said: “This accolade from Altroconsumo and ITA serves to underline just why Hanwha Q CELLS’ modules are an attractive choice for solar developers looking for a cost-effective solution that will enhance their own reputations as reliable installers of PV systems. 

“Italy’s solar market is undergoing something of a renaissance, boosted in part by the utility-scale sector that is reaping the benefits of new power purchase agreements (PPAs), but also the emergent repowering segment of the rooftop sector, which is compelling more and more solar customers to upgrade their old PV systems with state-of-the-art solar module technology, such as Hanwha Q CELLS’ Q.PEAK-G4.1.” 

 

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 
Oliver Beckel, Ian Clover 
Tel: +49 (0)3494 6699 10121 
E-mail: presse@q-cells.com 



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