Hanwha Q CELLS improves value chain to reach low and competitive carbon footprint for French solar tenders
- Carbon footprint of 250 kg-eq/C0²/kWc reached for the high-efficiency Q.PEAK DUO module series
- Low carbon footprint solar components increasingly important in France’s growing solar tenders
[Berlin, Germany, July 3, 2018] Hanwha Q CELLS GmbH, the German subsidiary of the world’s No.1 solar cell manufacturer (2017) Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), today announced that is has reached a new carbon footprint (CFP) of 250 kg-eq/C0²/kWc with its high-efficiency Q.PEAK DUO module series.
Q.PEAK DUO modules combine half-cut cell technology, six bus-bars and the Company’s proprietary Q.ANTUM (PERC) monocrystalline cell technology, with efficiencies of close to 20% and power output up to 330 Wp from 120 half-cut cells and up to 395 Wp from 144 half-cut cells.
This CFP result gives Hanwha Q CELLS a strong position in France
In achieving this low carbon footprint result for its Q.PEAK DUO modules, Hanwha Q CELLS strengthens its market position in France, said Hanwha Q CELLS’ Head of EU Sales, Maengyoon Kim. “Producing low carbon solar modules is vital for Hanwha Q CELLS, not only in terms of our own carbon footprint and environmental goals, but also in markets such as France, which should be applauded for its approach to low carbon public tenders,” Kim added.
Stephan Maurel and Laurent Bodin, Head of Sales, France, remarked: “Hanwha Q CELLS has always been keenly aware of the importance of selling eco-friendly products. We are pleased that our portfolio is ideally aligned to meet the clean energy needs of an important market such as France.”
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.
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.
Hanwha Q CELLS GmbH
Jochen Endle, Ian Clover
Tel: +49 (0)3494 6699 1012