Hanwha Worldwide News: June-2021
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- Hanwha Chemical (Ningbo) Co., Ltd Hanwha Chemical (Ningbo) Donates USD 78,000 Yuan to Anti-Poverty Campaign
Hanwha Chemical (Ningbo) donated USD 78,000 to the Ningbo Charity Federation, contributing towards the Chinese government's anti-poverty campaign. The donation ceremony was held at the Administrative Committee of Daxie Development Zone on 23 April. Hanwha Chemical (Ningbo) CEO, Hyun Gyu Lee, said that companies have an important role to play as part of society and should fulfill their social responsibilities by promoting social development for a better quality of life.
- Hanwha Q CELLS GmbH Q CELLS Launches New Modular Hybrid Storage System in Germany
HOME+ ESS HYB-G3 is a modular and scalable hybrid battery solution for private residential customers and small businesses, available in single-phase (1P) and a three-phase (3P) options. Q.HOME+ ESS HYB-G3 will be rolled out across Europe over the next 12 months, beginning with the 3P variant in Germany. Q.HOME+ ESS HYB-G3 3P will be available in capacities of 3.1 kWh, 6. 1 kWh, 9.2 kWh, 12.3 kWh and 15kW.
Q.HOME+ ESS HYB-G3s sleek, modular design allows users to scale up their storage capacity, supporting up to 150% oversized PV power, to better manage excess solar energy. It also boasts rapid charging and discharging up to 30A, as the ESS responds to consumption habits and demands. A single trained technician can install the storage system in just 30 minutes.
The system is also easy to operate can be controlled remotely, giving home and business owners full control of their electricity consumption. Furthermore, the embedded Q.VOLT HYB-G3 inverter can operate both on- and off-grid in parallel, enabling the ESS to handle higher power loads and prevent voltage imbalance. Q.HOME+ ESS HYB-G3 also offers rapid uninterrupted operation and intelligent maximum power point tracking (MPPT) with shadowing management of the Q.VOLT HYB-G3 inverter.
- Hanwha Q CELLS GmbH Q CELLS Ramps Up R&D Investment to Accelerate Commercialization of n-Type PV Technology
Q CELLS invested a further €15.5 million in its global R&D headquarters in Thalheim, Germany, on top of last years €20 million pledge for machinery and equipment. This latest round of investment is aimed at accelerating the development of next-generation solar module technology, and has been channelled into the procurement of specialist equipment for R&D efforts in n-type cell and module development. Hanwha Q CELLS team of experienced scientists has identified this technology as the most effective next-generation driver of LCOE (levelized cost of electricity) reduction in PV in the coming years.
n-type technology—also known as Q.ANTUM NEO—is the next step in Q CELLS unique Q.ANTUM Technology roadmap, utilizing n-type cells with passivating contacts to further increase the efficiency and power of the solar modules. Q CELLS expects to introduce Q.TRON, a new solar module manufactured using this cell technology by 2021, boosting efficiencies well above the levels of current p-type modules on the market. At the same time, its R&D department is conducting research on tandem solar cell development based on perovskite technology.
Combined with an annual R&D expenditure of around €35 million, investments towards the global R&D headquarters will total over €140 million by 2023.
- Pinetree Securities Pinetree Securities Blazing a Trail Towards Becoming SEAs Leading Digital Finance Provider
Pinetree Securities, a subsidiary of Hanwha Investment & Securities (HISC), turned its first net profit of USD 70,000 in the first quarter of 2021 after two years of operating in the Vietnamese market. Pinetree Securities has invested heavily in its core system and mobile applications and became the first foreign securities company in Vietnam to launch an independently developed core system.
To encourage the adoption of virtual investing, Pinetree Securities launched an application called Stock123, aimed at inexperienced Vietnamese stock investors and providing them a convenient way to learn and practice how to invest virtually.