Hanwha Q CELLS Co., Ltd. ( "Hanwha Q CELLS" or "the Company"), one of the largest solar cell and module manufacturers in the world, participated in the SNEC 2019 PV POWER EXPO, the largest solar trade show in the world, which was held in China from June 4 to 6, 2019. Hanwha Q CELLS exhibited at booth N1-510 a broad range of Q.ANTUM DUO solar modules at the expo, which is renowned for gathering together the industry’s latest technologies, extensive solar products, and integrated PV solutions from all around the world.
The Chinese solar industry continues to exert a substantial amount of influence on the international solar landscape, helping to cement SNEC’s position as the industry’s foremost solar power event. Immediately after last year’s show, the Chinese National Energy Administration (NEA) announced the 531 policy, which undoubtedly jolted the PV industry. The implementation of the 531 policy indicates the acceleration and determination of China’s grid parity process, which many expect will have a significant impact on the global industry.
However, China still managed to install 44.26 GW of new solar capacity in 2018 according to Bloomberg New Energy Finance (BNEF). This figure, while below initial expectations, still represented approximately 40% of all PV installations for the year. In 2019, the country is forecast to maintain a high volume of PV installations, thanks to the solar FIT preliminary issued by China’s National Development and Reform Commission (NDRC).
At SNEC, Hanwha Q CELLS introduced the Company’s next-generation product, the Q.PEAK DUO-G7 solar module, which applies 12-bus bar technology with Hanwha Q CELLS’ proprietary Q.ANTUM DUO technology. This module delivers outstanding and enduring high performance. The 120 half-cell product can reach a power output of up to 335 Wp as well as an efficiency rate of up to 20.2%. The larger 144 half-cell version can produce up to 405 Wp power output, with an efficiency rate of up to 20.3%. The superior Q.PEAK DUO-G7 series is an ideal solution for all types of solar applications, from residential and commercial and industrial (C&I) to the utility sector.
Q.ANTUM technology is Hanwha Q CELLS premium technology brand. The Company’ s patent-protected and unique passivation technology is a key ingredient in our Q.ANTUM modules. Additional cutting-edge technological and security features of Q.ANTUM Technology include excellent Anti-LID (light induced degradation) and Anti-PID (potential induced degradation) performance, as well as Hot-Spot Protect and traceable quality with Tra.Q Laser Identification, to protect against counterfeiting. Q.ANTUM DUO technology adopts these characteristics in a half-cell architecture, complete with innovative wiring interconnection.
Q.ANTUM and Q.ANTUM DUO technology ensures that Hanwha Q CELLS’ modules are able to achieve remarkable output in performance and quality. This pioneering technology is also a firm market favorite, and, in May of 2019, Hanwha Q CELLS surpassed the production volume threshold of 15 GW of Q.ANTUM solar cells and modules since first commercializing this technology in 2012. This milestone demonstrates Hanwha Q CELLS’ leadership position in the area of PERC-based technology.
Besides the Q.PEAK DUO-G7, Hanwha Q CELLS also presented a number of other advanced Q.ANTUM DUO products at SNEC. The Hanwha Q CELLS booth (N1-510) included a prototype of the Q.PEAK DUO L-G5.3/BF – a bifacial, glass-glass monocrystalline solar module, as well as the Q.PEAK DUO-G6, which is manufactured with larger wafers for a power increase of around 6%. Also on display was the Q.PEAK DUO BLK-G5 all black solar module and the Q.PLUS DUO RSF L-G5.3, which is a multi-crystalline half-cell solar module with an innovative steel frame.
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/
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 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. 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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