Hanwha Q CELLS to Supply 35MW to SunEnergy1 in North Carolina

IRVINE, Calif., Nov. 18, 2015 /PRNewswire/ -- Hanwha Q CELLS Co. Ltd. ("Hanwha Q CELLS") (NASDAQ: HQCL), one of the world´s largest PV providers, will be supplying a total of 35MW of its high quality modules to SunEnergy1. The crystalline solar modules will be used across three project sites in Hertford and Martin counties in North Carolina and are scheduled for delivery in Q4 2015. The project will be supplied with the Q.PRO L-G3, which was specifically designed for large solar power plants to reduce BOS costs, and the HSL 72S modules. Hanwha Q CELLS was selected by SunEnergy1 based on their reputation for long term module performance, high quality manufacturing and ability to match project timeline.

Mr. Justin Lee, President of Hanwha Q CELLS America said, "We are delighted to be chosen by SunEnergy1 as the sole module supplier for this project portfolio in North Carolina. The USA is currently one of the key markets for Hanwha Q CELLS and we are constantly expanding our position as a leading supplier of solar modules to the U.S. market."

About Hanwha Q CELLS

In February 2015 Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) emerged as a new global solar power leader from combining two of the world´s most recognized photovoltaic manufacturers, Hanwha SolarOne and Hanwha Q CELLS. The combined company is listed on NASDAQ under the trading symbol of HQCL. It is headquartered in Seoul, South Korea, (Global Executive Headquarters) and Thalheim, Germany (Technology & Innovation Headquarters) and is the world's largest solar cell manufacturer as well as one of the largest photovoltaic module manufacturers. Due to its diverse international production setup including facilities in China, Malaysia and South Korea, Hanwha Q CELLS is in the unique position to flexibly address market needs globally, even including certain key markets with import tariffs, such as the USA and the European Union. Based on its well respected "Engineered in Germany" technology, innovation and quality, Hanwha Q CELLS offers the entire range of outstanding photovoltaic products, applications and solutions, from modules to kits to systems to large scale solar power plants. The combined company is also engaged in downstream development and EPC business. 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 Top-Ten business enterprise in South Korea. For more information, visit: http://investors.hanwha-qcells.com/

About SunEnergy1

SunEnergy1 is a vertically-integrated developer and builder of utility-scale solar projects with over 500 MW constructed and 2,000 MW in development in the PJM. For more information about project pipeline, please contact [email protected] or visit www.sunenergy1.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.

SOURCE Hanwha Q CELLS Co., Ltd.

Related Links

http://investors.hanwha-qcells.com/