Hanwha Powers World Economic Forum

Solar Panels installed on the rooftop of the Davos Congress Centre

[02 April, 2014] Every year at Davos, Switzerland, politicians, economists and activists from all over the world gather to discuss current economic issues. However, in January 2014, economics was not the only item on the agenda.

The municipality of Davos and the World Economic Forum have taken yet another big step towards a “Greener Davos”, thanks to high-efficiency Q.PEAK 275 Wp solar modules across the Davos Congress Centre’s 1,000㎡ rooftop and adjoining swimming pool, sponsored by Hanwha Group.

Solar Panels on the Rooftop of the Davos Congress Centre

The installation of this system’s first section, consisting of around 640 modules with a maximum output of 175 kWp, was completed on the rooftop of the Davos Congress Center just before the first snowfall in 2013. Right after the Hanwha Q CELLS modules had been delivered, a helicopter took them to the rooftops. Within two days all the modules had been installed and wired to the grid.

The second section is to be installed on the rooftop of the Davos indoor swimming pool “eau-lá-lá”. The solar energy system across the Davos Congress Centre, with a total capacity of 340 kWp, will generate enough energy to reduce the center’s carbon dioxide emissions by more than 20 tons each year.

A Step Towards a Brighter Future

“The solar system on the rooftop of the Davos Congress Center demonstrates sustainability in action and underlines Hanwha´s commitment, as a global leader in solar energy, to helping to lower carbon emissions and raise awareness of the value of sustainable energy,” says Dong Kwan Kim, Chief Strategy Officer of Hanwha Q CELLS.

Dong Kwan Kim was awarded with prestigious Young Global Leader(“YGL”) at the World Economic Forum in 2013. The prestigious accolade is awarded to global leaders under the age of 40 who are active in diverse areas of expertise including business, civil society, media, government, education and entrepreneurship. YGL represents the future of leadership and recognizes extraordinary accomplishments and strong commitments to serving society.

Hanwha Group is one of the top ten business enterprises in South Korea with 51 domestic affiliates and 109 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to total solar energy solutions. Its finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. Hanwha has been an official strategic partner of the World Economic Forum since 2010.

Hanwha Q CELLS

In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL.
It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world’s largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international footprint including facilities in China, Malaysia, and South Korea, Hanwha Q CELLS is in a unique position to flexibly address all global markets, even ones with import tariffs, such as the United States and the European Union. Based on its well respected “Engineered in Germany” technology, innovation and quality,
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-Ten business enterprise in South Korea.

For more information, visit: investors.hanwha-qcells.com

The World Economic Forum

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.

For more information, visit: www.weforum.org

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