Qcells
Company Snapshot
Company Overview
On February 6, 2015, Hanwha SolarOne Co. was acquired by Hanwha Q CELLS Investment Co. in a reverse merger transaction. Hanwha SolarOne Co., an investment holding company, manufactures and sells silicon ingots and wafers, photovoltaic cells and PV modules.
Hanwha Q CELLS is an affiliate of the Hanwha Group with assets of more than $150 billion. The company’s cell production capacity of 8 GW and solar module manufacturing capacity of 8 GW (as of 2017’s second half) makes it one of the largest cell manufacturers and one of the biggest solar module manufacturers in the world.
The company provides multicrystalline silicon cells and PV module processing services and offers PV modules primarily under the SolarOne brand name. Hanwha SolarOne Co. sells PV cells and PV modules directly to system integrators and distributors, principally in Japan, South Africa, Germany, China, the U.S., Korea, Canada, and the U.K. The company was formerly known as Solarfun Power Holdings Co. and changed its name to Hanwha SolarOne Co. in December 2010. Hanwha SolarOne Co. was founded in 2004 and is based in Qidong, China.
Qcells In News
Company's Business Segments
- Clean Energy Solutions : The company offers fully integrated clean energy solutions, offering high-quality solar panels (PV modules), energy storage systems, and AI-driven software for energy management.
Applications/End User Industries
- Residential
- Commercial & Industrial (CCI)
- Governmental
- Utility