NEWS

2018.09.28

Hanwha Q CELLS’ Q.FLAT-G5 roof mounting system wins Solar+Power Award for best BOS innovation

  • The accolade marks the second year in a row that Hanwha Q CELLS has prevailed at the Solar+Power Award show and the third time overall
  • The Q.FLAT-G5´s victory in the Solar PV BOS category follows last year’s success in the silicon module category for the Q.PEAK DUO-G5 
  • Company CTO Daniel Jeong said: “To be awarded best Solar PV BOS for the Q.FLAT-G5 at the Solar+Power Awards is a great honor, and underlines the Hanwha Q CELLS ethos of pushing R&D to ensure the solar industry is consistently supplied with top quality innovations.”

 

[Berlin, Germany, September 28, 2018] Hanwha Q CELLS Co., Ltd. ("Hanwha Q CELLS" or “The Company”), one of the largest solar cell and module manufacturers in the world, has been voted as the winner of the Solar+Power Awards 2018 in the Solar PV BOS category for its Q.FLAT-G5 solar mounting system for flat rooftops.

The Q.FLAT-G5 helps to deliver lower LCOE and improved power density by boosting the long-term stability and safety of the modules.

When combined with Hanwha Q CELLS’ award-winning Q.PEAK DUO-G5 half-cell modules – which won the Solar+Power Award 2017 in the category of Silicon Module, and also claimed the Intersolar Award 2018 in the Photovoltaics category – the Q.FLAT-G5 has been proven to deliver a power density of 170 Wp/m². This output sets a new standard in power-per-surface area, augmented by a 10° inclination on both sides.

 

The Q.FLAT-G5 saves money, ensures quality

The G5 iteration of the Q.FLAT is a marked improvement on the Q.FLAT-G4 in that the installation time for a batch of modules has been halved, thereby reducing the time spent on the rooftop and thus lowering installation costs. The Q.FLAT-G5 is also made using steel for added durability, while an innovative coating ensures reliability is high and its carbon footprint is low. Engineered in Germany, the Q.FLAT-G5 was designed with efficiency and lower LCOE in mind. The system drastically reduces the ballast required, and removes the need to penetrate the roof membrane, thereby helping to prevent damage.

This year’s accolade marks the second year in a row that Hanwha Q CELLS has prevailed at the Solar+Power Awards, and means that the company has now won different awards on three separate occasions. Last year it was the Q.PEAK DUO-G5’s time to shine in the silicon module category, and this year’s success serves to underline the fact that Hanwha Q CELLS consistently steers its innovative and problem-solving efforts to all areas of the solar supply chain – from cells and modules to mounting systems and storage solutions.

Commenting on the occasion of the ceremony, Hanwha Q CELLS CTO Daniel Jeong said: “To be awarded best Solar PV BOS at the Solar+Power Awards for the second year in a row is a great honor, and underlines the Hanwha Q CELLS ethos of investing in R&D to ensure the solar industry is consistently supplied with top quality products.

“The next challenge is to ensure that the Company remains a stand-out leader not only in the field of solar cell and module technology, pushing standards to new heights with our Q.ANTUM technology, but right across the value chain to cement our position as PV standard bearers.”

Proud members of the Hanwha Q CELLS R&D team were in attendance at the award ceremony – held at the Amigo Hotel, Brussels, on September 26 – to collect the gong from the show presenters.

 

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.

Safe-Harbor Statement

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

Corporate Communications

Jochen Endle, Ian Clover

Tel: +49 (0)3494 6699 10121

E-mail: presse@q-cells.com

 



List