Hanwha Q CELLS solar modules power Øresund Bridge and Tunnel connecting Denmark and Sweden
- Danish Project developers SolarFuture and Solarpark DK cooperate with Øresundsbro Konsortiet to power the most important transport link between Denmark and Sweden using clean energy
- 864 Q.PEAK BLK-G4.1 solar modules from Hanwha Q CELLS help to minimize the carbon footprint of the Øresund bridge and tunnel
- High efficiency and best-in-class warranty terms of Q CELLS solar modules are highly appreciated
[Thalheim, Germany, July 05, 2018] Hanwha Q CELLS GmbH, the German subsidiary of one of the world’s largest solar cell and module manufacturers, has contributed to powering the Øresund Bridge and tunnel that connects Denmark and Sweden by delivering 864 of its powerful Q.PEAK BLK-G4.1 solar modules to the consortium that realized a solar power plant for the Øresundbro Konsortiet. Project developer SolarFuture, in cooperation with Solarpark DK, won the contract to build the tailor-made, high quality solar system to power the famous Øresund Bridge. The completed system was handed over to Øresundbro Konsortiet at the end of June 2018.
Main objective: Repaying the bridge´s loans within 30 years after its opening
The most important task for Øresundbro Konsortiet regarding this vital transport link between Denmark and Sweden is to maintain a long-term and commercially sound business, based on satisfactory revenue from road traffic and supported by cost-conscious marketing, operations, maintenance and financing.
Bengt Hergart, Property Director at Øresundbro Konsortiet, explains: “The main objective is to repay the bridge’s loans within 30 years after its opening, with most of the revenue deriving from road traffic. But of course we also consider other ways to generate further revenue. So reducing our energy bills by means of the use of clean solar energy was the next logical step for us.”
Project developers SolarFuture and Solarpark DK erected a 255 KW solar system comprising 864 Q.PEAK BLK-G4.1 solar modules from Q CELLS. The generated electricity will be equivalent to providing 45 households with clean energy, mitigating the effect of approximately 157,271 kg of CO2 per annum. The solar power plant will thus significantly contribute to powering the electrical systems of the Øresundbro Bridge.
“For us, the main reason to choose Q CELLS solar modules lies in their superior performance, high reliability, aesthetic design, and excellent warranty terms,” says Mads Christensen, CEO at SolarFuture. “The climate conditions in the area of the bridge also played an important role. Modules from Q CELLS are designed to withstand even the harshest weather conditions.”
Marco Schweitzer, Sales Manager at Hanwha Q CELLS, says: “We are really happy to contribute to the success of this major transportation link between Denmark and Sweden, and to have the opportunity to help minimize its carbon footprint significantly.” He added: “Maximizing system yields with a Q.PEAK BLK-G4.1-based solar system enables low-cost, sustainable, and environmentally friendly electricity consumption for the consortium of the Øresund Bridge.”
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 PV kits and 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 8 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, Ian Clover
Tel: +49 (0)3494 6699 1012