Trisha Shetty (Editor)

Q Cells

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Type
  
Public

Industry
  
Photovoltaics

Founded
  
2006

Traded as
  
NASDAQ: HQCL

Headquarters
  
Seoul, South Korea

Number of employees
  
1,350

Q-Cells httpsqcellsdetypo3confextmmpackageqcellsba

Key people
  
Hee Cheul Kim (CEO), Kye Chun Son (CFO), Dr. Andreas v. Zitzewitz (COO), Koo Yung Lee (CCO)

Products
  
Photovoltaic cells solar modules

Services
  
Development and installation of solar parks

Stock price
  
HQCL (NASDAQ) US$ 7.31 -0.47 (-6.04%)17 Mar, 4:00 PM GMT-4 - Disclaimer

Parent organization
  
Hanwha Solar Holdings Co., Ltd.

Subsidiaries
  
Hanwha Q CELLS (Qidong) Co., Ltd.

Hanwha Q CELLS Co., Ltd. is a manufacturer of photovoltaic (PV) solar cells with headquarters in Seoul, South Korea and for technology and innovation in Thalheim, Germany. The current company was created in February 2015 by combining Hanwha SolarOne and Hanwha Q CELLS. It is a subsidiary of the Hanwha Group. The company operates under brands Q CELLS and Hanwha Solar.

Contents

Q-Cells

Q-Cells was established in 1999. Since 2012 it is a part of the Hanwha Group.

In 2011, all stakes in the CdTe PV manufacturer Calyxo GmbH were sold to Calyxo USA Inc (formerly known as Solar Fields LLC), a U.S company based in Perrysburg, Ohio.

The company's former subsidiary and manufacturer of CIGS panels, Solibro, was sold to China-based multinational company Hanergy in September, 2012.

SolarOne

The company was established in 2004 in China as Solarfun Power Holdings by Linyang Electronics. In 2006, Solarfun was listed at NASDAQ. In 2008, Solarfun acquired a manufacturer of silicon ingots Jiangsu Yungguang Solar. In 2010, 49% of company shares was acquired by Hanwha Chemical, a subsidiary of the Hanwha Group. Consequently, the company was renamed Hanwha SolarOne. According to PVinsights, in 2010 it was seventh largest photovoltaic module producer in the world.

Operations

The company develops and produces crystalline silicon photovoltaic cells, panels, and silicon ingots and wafers. It has production facilities in China, Malaysia and South Korea. Its two most important markets are Europe and Japan.

References

Q-Cells Wikipedia