Hanwha Q CELLS Tackles UK Rooftop Market with Q.PEAK DUO Half-Cell Solar Module and Q.HOME+ Energy Storage System
Certified Q.HOME+ ESS-G1 all-in-one energy storage solution now available in the UK via Segen Ltd. and via Q.PARTNER in Ireland
Q.PEAK DUO-G5 half-cell solar module series up to 330 Wp minimizes LCOE on roofs of homes and companies in the UK and Ireland
With both products, Hanwha Q CELLS aims to obtain market leadership in the UK rooftop segment in 2018
[Thalheim, Germany, May 2, 2018] Hanwha Q CELLS, the world´s No.1 solar cell producer (2017), tackles the solar rooftop market in the UK and Ireland with two new highlight products: The innovative module series Q.PEAK DUO-G5 featuring half-cut cells, round wires and six bus-bars reaches power classes of up to 330 Wp and has been introduced to UK and Ireland earlier this year. Now, Hanwha Q CELLS adds the missing piece to this high performance solar module series: The Q.HOME+ ESS-G1 all-in-one storage solution for residential customers. The storage system combines a proven lithium-ion battery holding a storage capacity of 3.6 kWh with an integrated inverter and a battery charger. The all-in-one storage solution can be operated and monitored via mobile application and comes with a ten year product warranty as well as a performance guarantee of at least 80% after ten years. The certified Q.HOME+ ESS-G1 can be purchased with or without a Q CELLS solar system; in the UK via the UK´s largest photovoltaic distributor, Segen Ltd., and via Hanwha Q CELLS´ Q.PARTNER network in Ireland.
A perfect match: Q.HOME+ ESS-G1 and Q.PEAK DUO-G5 half-cell solar modules
The Q.PEAK DUO-G5 series combines a whole range of technological innovation to reach maximum electricity yields and low LCOE (levelized cost of electricity). Monocrystalline half cells with six bus-bars, the company´s proprietary Q.ANTUM DUO cell technology for higher efficiency and minimized degradation as well as round wires enable the module to reach power classes of up to 330 Wp (Q.PEAK DUO-G5) or 320 Wp (all black Q.PEAK DUO BLK-G5) from 120 half-cells. Due to its high yields, the module is perfectly suited for residential rooftops in Britain in order to maximize energy yields from the often limited roof space. At the same time, the module series also minimizes LCOE on commercial and industrial company roofs. Customers who chose to combine a Q.PEAK DUO-G5 solar system with the energy storage solution Q.HOME+ ESS-G1 thus have the ideal combination to sustainably reduce their electricity cost.
Maengyoon Kim, EU Sales Head at Hanwha Q CELLS said: “Home owners and companies in Great Britain and Ireland now have the chance to largely disconnect from recent rises in electricity prices.” He added: “Maximizing system yields with a Q.PEAK DUO-G5 based solar system and storing the electricity with a Q.HOME+ ESS-G1 system enables a cheap, clean and flexible electricity consumption.”
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 partnership to its customers in the utility, commercial, government 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
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
Jochen Endle, Oliver Beckel
Tel: +49 (0)3494 6699 1012