Hanwha Q CELLS Wins Fifth Top Brand PV Europe Seal
- Hanwha Q CELLS receives the Top Brand PV Europe Seal for the fifth time in a row and the Top Brand PV Australia Seal for the third consecutive year
- Solar module installers confirm Hanwha Q CELLS´ exceptional product quality and service
- EuPD emphasizes Hanwha Q CELLS´ “sustainability in brand awareness, customer satisfaction, recommendation rate, and market share”
[March 26, 2018] Hanwha Q CELLS received its fifth consecutive Top Brand PV Europe Seal from EuPD Research for providing top-quality products and services while maintaining its leading market position. The Seal was awarded based on a survey conducted among European solar module installers. Hanwha Q CELLS also received local Top Brand PV Seals from Germany, Austria, France, Italy, and the UK. In addition to the European awards, Hanwha Q CELLS also received the Top Brand PV Australia Seal for the third time in a row.
Europe and Australia’s First Choice
EuPD Research, Europe’s leading research firm, based its awards results on the Global PV Installer Monitor, which surveyed solar module installers throughout Europe and other select global markets. The survey results showed that Hanwha Q CELLS has maintained exceptional market positions in Europe and Australia ever since it received its first Top Brand PV Europe Seal in 2014. Installers that participated in the survey praised Hanwha Q CELLS for its exceptional products and service quality.
“I can say that in the eight years we've been giving out the Top Brand PV Seal, there are very few companies that can consistently rate as highly as Hanwha Q CELLS,” says Mark A.W. Hoehner, CEO of EuPD Research. “The company has been able to sustain brand awareness, customer satisfaction, recommendation rate, and market share.”
“We are very proud that installers across Europe and Australia trust Hanwha Q CELLS and our products,” says Seongwoo Nam, CEO of Hanwha Q CELLS. “This recognition encourages us to continue our efforts and to work hard so that Hanwha Q CELLS becomes synonymous for high performance and high quality in the solar market.”
Hanwha Q CELLS Leads the Solar Industry
2018’s Top Brand PV Seals are the latest in a string of awards won by Hanwha Q CELLS in the last 12 months and reinforce the fact that the company is a global leader in solar technology and in market share.
TOP BRAND PV: How the Seal is awarded
Through regular surveys, market researchers and pollsters of EuPD Research identify the preferences of PV installers worldwide when recommending module brands. The independent TOP BRAND PV Seal is based on an annual multi-level analysis of qualified statements in regards to brand perception, brand management and market penetration from installers and intermediaries.
Hanwha Q CELLS
Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is a global leading photovoltaic manufacturer of high-performance, high-quality solar cells and modules. Headquartered in Seoul, South Korea, it has Technology and Innovation HQ in Thalheim, Germany and manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers solar modules, photovoltaic systems solution and large-scale solar power plants. Through its growing global business network spanning North America, Asia, Europe, South America, 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 10 business enterprise in South Korea.
For more information, visit: www.hanwha-qcells.com
EuPD Research Sustainable Management GmbH
EuPD Research Sustainable Management GmbH is an international service provider focusing on B2B market research with a highly specialized multilingual interview center. EuPD provides its clients in Europe, Asia and the US with the entire range of qualitative and quantitative research services. With the help of in-depth market knowledge combined with methodological professionalism, EuPD provides practical, future-oriented business solutions and ensure that its clients receive a return on their research investment. EuPD's continuous research has enabled it to develop particular skills in the field of renewable energy sources, particularly in the field of solar energy.
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.
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