Hanwha Q CELLS Recognized
as Top Performer by PVEL and DNV GL
for Fifth Consecutive Year

  • The Company’s Q.PEAK DUO and Q.PLUS DUO module series were rated as a Top Performer in the 2020 PV Module Reliability Scorecard published by PVEL and DNV GL, marking the fifth consecutive year of Hanwha Q CELLS’ Top Performer status.

Hanwha Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, announced today that the Company has been recognized as a Top Performer for the fifth consecutive year in the 2020 PV Module Reliability Scorecard, published by PV Evolution Labs (PVEL) in partnership with DNV GL.

PVEL is one of the solar industry’s world-leading reliability and performance testing labs. As an independent laboratory, PVEL samples and tests solar modules from leading solar manufacturers as part of its Product Qualification Program (PQP), and publishes the annual PV Module Reliability Scorecard based on these test results.

The PV Module Reliability Scorecard is well recognized as one of the most comprehensive publicly available comparisons of solar module reliability performance, and the title of Top Performer – granted to high-ranked companies – is accepted throughout the industry as an esteemed mark of product quality and reliability.

This year, Hanwha Q CELLS earned the Top Performer recognition with its monocrystalline Q.PEAK DUO and multicrystalline Q.PLUS DUO series. Both series of modules are manufactured using the Company’s proprietary Q.ANTUM Technology, which is based on advanced PERC (Passivated Emitter and Rear Cell) technology.

To secure high product quality and reliability, all Q.ANTUM products are backed by Hanwha Q CELLS’ unique Yield Security, which features excellent Anti-LID (light induced degradation), Anti-PID (potential induced degradation), and Anti-LeTID (light- and elevated temperature-induced degradation) performance. It also includes Hot-Spot Protect and Tra.Q™ Technology, which is Hanwha Q CELLS’ unique laser identification process that traces and monitors every single cell manufactured by the company, to guard against counterfeiting.

Tristan Erion-Lorico, Head of PV Module Business for PVEL, said: “For the past five consecutive years, Hanwha Q CELLS has achieved Top Performer designations in PVEL’s Scorecards. Consistent top performance signifies a manufacturer’s commitment to quality. We look forward to continued testing for Hanwha Q CELLS as they bring new modules to the market.”

Hee Cheul (Charles) Kim, CEO of Hanwha Q CELLS, said: “We are extremely proud that we have once again been recognized as a Top Performer by the leading testing lab PVEL. This great achievement is a testament of Hanwha Q CELLS’ desire and effort to provide higher product quality with lower degradation rate. Hanwha Q CELLS will continue to strive for even greater product quality and reliability for higher customer value and the growth of the global solar industry.”

Hanwha Q CELLS has acquired the largest share of the world’s biggest solar module markets across Korea, Germany, the United Kingdom, and Japan. It is also number one in the United States’ residential and commercial solar module markets. EuPD Research has awarded the company with the Top Brand PV Seal for Europe for seven consecutive years and the Top Brand PV Seal for Australia for five consecutive years.

PVEL is one of the solar industry’s world-leading reliability and performance testing labs. As an independent laboratory, PVEL samples and tests solar modules from leading solar manufacturers as part of its Product Qualification Program (PQP) and publishes the annual PV Module Reliability Scorecard based on these test results.

DNV GL is an independent expert in risk management and quality assurance, using knowledge to advance safety and performance, set industry benchmarks, and inspire and invent solutions to tackle global transformations. The company delivers world-renowned testing, certification and advisory services to the energy value chain including renewables and energy management.

Hanwha Qcells

Hanwha Qcells (Hanwha Solutions Qcells division) is one of the world’s leading clean energy companies, recognized for its established reputation as a manufacturer of high-performance, high-quality solar cells, and modules, a portfolio of intelligent storage systems, and a growing international pipeline of large-scale renewable energy projects. Hanwha Qcells also provides renewable electricity retail services and packages to end customers the world over. The company is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Hanwha Qcells strives to offer Completely Clean Energy through the full spectrum of photovoltaic products, storage solutions, renewable electricity contracting, and large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa, and the Middle East, Hanwha Qcells provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental, and residential markets.

For more information, visit: www.qcells.com/us/

Safe-Harbor Statement

This press release contains forward-looking statements. 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 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. 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.

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