As part of the Korean top-10 business, Hanwha Group, Hanwha Q CELLS is financially secure, putting the company in a unique position within the PV industry. Our commitment to solar extends beyond building a successful business. We are dedicated to turning solar into the centerpiece of the Group´s future growth, said Ki-Joon Hong, the vice chairman and chief executive of Hanwha Chemical, representing Hanwha Group.
Hanwha Q CELLS´ international production footprint and global sales network enables the company to meet the needs of local PV customers across diverse international markets. For example, Hanwha Q CELLS Made in EU certificate, received in March 2013 for manufacturing solar cells and solar modules comprised entirely of European components, will enable French customers to receive an immediate bonus of up to 10 percent through the French feed-in tariff. The certificate also demonstrates that European customers can rely on Hanwha Q CELLS to engineer and manufacture products in Germany and within the European Union.
Active production facilities, strong project pipeline
Hanwha Q CELLS strong market position is further backed by a solid project pipeline. The companys production facilities for solar cells and modules in Germany and for solar cells in Malaysia are well utilized due to strong demand from several markets like Japan, and the company has a solid downstream pipeline of around 500 MW in the EPC and utility business. Hanwha Q CELLS looks confidently into the future. In the words of CEO Charles Kim, We are optimistic that our production lines will continue to be well utilized throughout 2013. A new product generation based on Q.ANTUM technology is particularly expected to generate increased demand worldwide after it is launched in May 2013.
Hanwha Q CELLS launches global brand and corporate name architecture
Q CELLS has recently launched its new brand Q CELLS a Hanwha company and corporate name architecture by region. Customers will now find Hanwha Q CELLS branches in Germany (HQ), Malaysia, the United States, Japan, Australia, Korea and Canada. The launch of the corporate name architecture is yet another step in leveraging more and more synergies within Hanwha´s solar network: Hanwha Q CELLS is to become the platform for the global solar business of Hanwha and Q CELLS a Hanwha company is the brand that PV customers around the world can trust even in troubled times for the industry.
