Hanwha Q CELLS to top 1.5 GW production capacity before 2015


Emboldened by a 68% increase in PV shipments in the first half of the year, German-headquartered PV company Hanwha Q CELLS has announced today that it will increase its global production capacity to 1.5 GW by the end of 2014.

In shipping 539 MW in the first six months of the year, Hanwha Q CELLS has cemented its position as Europe's leading PV provider, enjoying a 68% increase in shipping volumes in the process.

This growth has been predicated on the addition of 204 MW of production capacity for the company’s high performance solar cells at its Malaysian manufacturing facility, and has triggered today’s announcement that the company will add a further 230 MW production capacity in Malaysia and Germany before year end.

"Hanwha Q CELLS is further expanding its strong position in the international markets," said company CEO Charles Kim. "Against the background of rising global demand for our high quality PV products and solution we will further increase our international production capabilities."

Hanwha Q CELLS completed the 204 MW expansion of its Malaysian production line ahead of schedule in June, taking total production capacity to 1.1 GW with full utilization rates expected soon. The company has also launched ‘Manufacturing Excellence Initiative' at both its Cyberjaya plant in Malaysia and its plant in Thalheim, Germany, designed to reduce cycle times and increase throughput and potentially add 200 MW to production capacity before the end of the year.

"With the increased capacity and enhanced operational excellence, we will further strengthen our position as leaders in technology and quality by providing high efficiency products with competitive pricing to our customers," added Hanwha Q CELLS MD for Malaysia, SJ Ryu.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.