IRVINE, Calif., Sept. 9, 2016 /PRNewswire/ -- Hanwha Q CELLS Co.,
Ltd. ("Hanwha Q CELLS" or the "Company") (NASDAQ: HQCL), one of the
world's largest photovoltaic manufacturers of high-quality,
high-efficiency solar modules, today announced that it will unveil
a complete series of new monocrystalline solar modules and
prototypes based on the company's proprietary Q.ANTUM technology at
Solar Power International (SPI) in Las
Vegas from September 13-15,
2016. The new monocrystalline Q.ANTUM modules will be called
"Q.PEAK" and are set to supplement the award winning Q.PLUS range
of polycrystalline solar modules, thus completing the strong
product portfolio of Q.ANTUM based solar modules for higher yields
enabling lower LCOE. The Q.PEAK modules, which will come in 60- and
72-cell form factors and reaching up to 305 Wp and 370 Wp
respectively, will be on sale starting in Q1 2017 and Q3 2017
respectively. Exciting prototype products for release in Q4
2017 will also be displayed at booth 2337 in the North Hall at
SPI: Q.PEAK prototypes using half-cell and double glass
technologies will take Q.ANTUM to the next levels in terms of
efficiency and performance as well as durability in harsh
climates.
Hanwha Q CELLS emphasizes continuous growth ambition in U.S.
solar market
With the launch of the more complete solar portfolio of Q CELLS
at SPI 2016, Hanwha Q CELLS demonstrates its commitment to
strengthen its market presence in the US solar market. "We cannot
wait to present our current and next generation of Q.ANTUM products
to PV customers in the USA," said Mr.
Seong Woo Nam, Chairman and CEO of
Hanwha Q CELLS. "Our new, enhanced and 'Engineered in Germany' Q.ANTUM product portfolio is set to
meet and exceed the expectations of PV customers and investors in
the USA. Moreover, we continue to
build on our ability to supply large scales of tariff-free, high
performance and quality modules along with corporate stability and
reliability as one of the world's
largest solar companies and a part of the Fortune Global 500
business enterprise, Hanwha Group."
Q.PLUS and Q.PEAK: Award winning state of the art meets the
next level of power and performance – altogether based on record
breaking Q.ANTUM technology
The Company's highlights at this year's SPI will be the current polycrystalline
solar modules, the monocrystalline next generation modules, as well
as the monocrystalline prototypes using half-cell and double glass
technologies – all based on Hanwha Q CELLS' proprietary and matured Q.ANTUM
technology. Today, Q.ANTUM is the most advanced and matured
PERC-based technology in the industry, as proven by world
efficiency records as well as a track record of more than 440
million Q.ANTUM solar cells produced since 2012, equalling 2 GW.
The latest world efficiency record for polycrystalline solar
modules in standard size (1670 x 1000 mm2) is held by a Q.ANTUM
module prototype of 19.5% and a power output of 301 watts, as
confirmed by the independent Fraunhofer ISE institute. Q.ANTUM
solar modules offer all of Q CELLS'
VDE certified quality standards like Anti-PID protection, Hot-spot
protect, and Tra.Q laser marking.
At the Hanwha Q CELLS booth, visitors will be able to
experience the full spectrum of Q.ANTUM solar modules:
- The Q.PLUS BFR-G4.1/TAA comes in 60 polycrystalline
cells, a black frame, and power class of up to 290 Wp. The Q.PLUS
BFR-G4.1/TAA will be eligible in public tenders in the USA and are TAA compliant.
- The Q.PLUS L-G4.2/TAA is a 72 polycrystalline cell
Q.ANTUM module with up to 345 Wp and will be eligible in public
tenders in the USA (TAA
compliant).
- The Q.PEAK BLK-G4.1 is based on monocrystalline wafers
using Q.ANTUM technology. This 60 cell all black module reaches up
to 300 Wp power output and will be available starting in Q1 2017
with a white back sheet option reaching up to 305 Wp.
- The Q.PEAK L-G4.2 is based on monocrystalline wafers
featuring 72 black cells, a white back sheet, a silver frame, and
reaches up to 370 Wp power output with availability starting in Q3
2017.
- The Q.PEAK-G4.1/MAX combines the advantages of
cell-string optimizers with Q.ANTUM technology.
- The Q.PEAK-G4.1/H and the Q.PEAK BLK-G4.1/H prototypes
come in a black and white appearance. Both add half-cell technology
to Q.PEAK, boosting power output to up to 315 watts from a 60 cell
solar module.
- Finally, the Q.PEAK L-G4.2/GH prototype combines
half-cell and double glass technologies on monocrystalline Q.ANTUM
for optimal performance and durability in harsh climates with up to
380 Wp power output.
About Hanwha Q CELLS
Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s
largest and most recognized photovoltaic manufacturers for its
high-quality, high-efficiency solar cells and modules. It is
headquartered in Seoul, South
Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). With
its diverse international manufacturing facilities in Malaysia and China, Hanwha Q CELLS is in a unique position
to flexibly address all global markets. Hanwha Q CELLS offers the
full spectrum of photovoltaic products, applications and system
solutions. 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 10 business enterprise in South Korea. For more information, visit
http://investors.hanwha-qcells.com.
Safe-Harbor Statement
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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SOURCE Hanwha Q CELLS Co., Ltd.