25 Oct '12, 2pm

Newly Launched Hanwha Q.CELLS Becomes World's Third Largest Solar Manufacturer

Newly Launched Hanwha Q.CELLS Becomes World's Third Largest Solar Manufacturer

For Hanwha, the purchase of Q.CELLS and the launch of its new solar-specific entity is part of the company’s efforts to deepen its involvement in solar and bring about significant advancements in technology. In addition to acquiring 200-megawatt cell and 120-megawatt module manufacturing facilities in Germany, Hanwha has also acquired 34 Q.CELLS patents and 1,225 employees, all of which will likely aid in the achievement of this aim. In a press release issued Wednesday, Ki-Joon Hong, CEO of Hanwha SolarOne and vice chairman of Hanwha Chemical, said the company’s 60-year track record of industrial leadership puts it in a position to become “a global leader in addressing the energy challenges of a dynamic global economy.” Hong added, “Our commitment to solar extends beyond building a successful business. We are dedicated to making solar the most reliable source of energy on ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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