Hanwha Q CELLS enters multi-year partnership with the Los Angeles Dodgers

- Sponsorship of one of the most recognized sporting institutions in California, the leading U.S. state for solar installations, represents great opportunity to strengthen the Q CELLS brand

- Deal with the Dodgers expands Hanwha Q CELLS' global sports sponsorship network, which includes soccer (RB Leipzig) and golf (Hanwha Q CELLS women's golf team) sponsorships

- Hanwha Q CELLS' CEO Hee Cheul (Charles) Kim remarked, "We are extremely pleased to be sponsoring one of MLB's most popular teams, the Los Angeles Dodgers, as part of a multi-year partnership. Our diverse philosophy spreading across more than 40 countries aligns closely with Los Angeles' own diversity as a city."

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Hanwha Q CELLS America Inc.

Mar 18, 2019, 11:00 ET

IRVINE, Calif., March 18, 2019 /PRNewswire/ -- Hanwha Q CELLS America Inc. ("Q CELLS" or "The Company"), the U.S. subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd., has entered a multi-year partnership with U.S. Major League Baseball (MLB) team, the Los Angeles Dodgers.

Q CELLS celebrates the beginning of their sponsorship with the Los Angeles Dodgers (from left) Martin Park, Head of Strategy, Marketing & HR of Q CELLS America; Shane Kim, Vice President of Sales of Q CELLS America; Hyun-Jin Ryu, Pitcher at the Los Angeles Dodgers; Stan Kasten, President & Chief Executive Officer of the Los Angeles Dodgers; Lon Rosen, Executive Vice President & Chief Marketing Officer of the Los Angeles Dodgers (Jon SooHoo / Los Angeles Dodgers)

The sponsorship deal with the prominent baseball team will run for several years, during which time Q CELLS will become an active and visible brand at the home of the Dodgers – Dodger Stadium – displaying its company logo on in-field signage during home games, while also participating as a promotional partner on a number of campaigns.

As the Official Solar Partner of the Dodgers and a world leader in the solar industry, Q CELLS is helping to broaden the profile of renewable energy in the state of California, which is already the nation's leading solar state. The Dodgers are the ideal partner for such a campaign, being one of the most decorated sporting institutions in the country, with six World Series titles under its belt and a further 23 National League titles.

For Hanwha Q CELLS, the sponsorship with the Dodgers further broadens its partnership portfolio with leading sports clubs around the world. Hanwha Q CELLS is a proud sponsor of top-flight soccer club RB Leipzig in Germany, while it also supports Hanwha Q CELLS women's golf team in the U.S., South Korea, and Japan.

A golden future for Hanwha Q CELLS in the U.S.

The Golden State of California has shone brightly as a solar power pioneer in the past few years. According to Wood Mackenzie Power & Renewables, in the U.S. residential solar market, which added an estimated 2.4 GW of capacity in 2018 alone, up to 40% of that figure was installed in California. Nationally, the state leads the way in terms of total installed solar capacity, and many other regions and states are now looking to follow in California's solar footsteps.

With this sponsorship and affiliate Hanwha Q CELLS & Advanced Materials Corp.'s new 1.7 GW module factory in Dalton, Georgia, the largest photovoltaic module manufacturing facility in the Western Hemisphere, Hanwha Q CELLS is further cementing its position as a leading solar company in the U.S., particularly in the residential market.

"With over 2,000 different international game broadcasts annually and more than 25 million fans outside the U.S., the Dodgers remain committed to expanding our global partner base," said Dodgers SVP, Global Partnerships, Michael Wandell. "We are thrilled to welcome one of the world leaders in solar energy to our partnership family. We look forward to working hand-in-hand to help grow their business domestically and abroad."

Hanwha Q CELLS' CEO Hee Cheul (Charles) Kim remarked, "We are extremely pleased to be sponsoring one of MLB's most popular teams, the Los Angeles Dodgers, as part of a multi-year partnership. Our diverse philosophy spreading across more than 40 countries aligns closely with Los Angeles' own diversity as a city. For homeowners or business owners looking to install solar, and for our customers hoping to grow their business, this sponsorship is a home run – a perfect blend of market-leading PV technology and table-topping sporting excellence."

About Hanwha Q CELLS

Hanwha Q CELLS Co., Ltd. and Hanwha Q CELLS & Advanced Materials Corporation (Collectively, "Hanwha Q CELLS") is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality 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 the U.S, Malaysia, China, and South Korea. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Hanwha Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental 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://www.q-cells.com.

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 the Hanwha Q CELLS's 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.

Contact:
Hanwha Q CELLS America Inc.
Marketing
Katie Kim
E-mail: [email protected]

SOURCE Hanwha Q CELLS America Inc.