29 Dec '14, 8am

Hanwha SolarOne, Solar Holdings, & Q CELLS Merging Into One Entity, Will Be Largest Solar Cell…

The chief executive officer of SolarOne, Seongwoo Nam, commented on the deal: “The combination of SolarOne and Q CELLS creates a formidable global leader that is well positioned for long-term growth. Q CELLS brings industry-leading technology and R&D that can be leveraged across the combined product portfolio, and downstream expertise in development, EPC and project financing. At the same time, we plan to leverage SolarOne’s cost-efficient module manufacturing base together with Q CELLS’ industry-leading highly efficient and fully automated cell manufacturing knowhow to further improve the combined company’s cost competitiveness. Our combined scale and optimized global footprint will strengthen our strategic and financial position and should enable us to accelerate growth in the most important solar markets and increase shareholder value.”

Full article: http://cleantechnica.com/2014/12/29/hanwha-solarone-solar...

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