Hanwha Q Cells remains No.1 in UK solar module market

2019.05.23 13:24:08

[Photo provided by Hanwha Q Cells Corp.]이미지 확대

[Photo provided by Hanwha Q Cells Corp.]

Hanwha Q Cells Corp., a solar power unit of South Korean conglomerate Hanwha Group, has kept its lead in the British solar module market for two years in a row in 2018 thanks to its customer-friendly product lineup focused on high-efficiency solar modules.

The company claimed a 13.6 percent share of the British solar module market last year, up 3.8 percentage points from a year earlier, according to data released by market research firm EuPD Research.

It was followed by China’s JA Solar with 13.1 percent, Japan’s Sharp with 10.1 percent, Canada-based Canadian Solar with 9.6 percent, and China’s Yingli Solar with 9.5 percent. Another Korean name LG Electronics dominated eighth-largest 5.5 percent share.

Hanwha Q Cells has been supplying both solar modules and solutions to meet the various demands from local customers. It has introduced total energy solution Q.HOME for homes that helps all the process for energy management from power generation to storage and Q.FLAT solar unit installation solution for industrial and commercial use that helps reduce installation time and cost.

Its new photovoltaic module Q.PEAK DUO, which came out in July last year, has been supplied to 600 households across five London boroughs since November as part of the Solar Together London project, a group buying scheme supported by the U.K. capital to enable households and small businesses to install solar panels.

Q.Peak Duo and Q.Flat won an award at Solar Power Award 2017 and 2018, respectively, hosted by British Solar Power Management Magazine.

"Securing top market share in the UK once again proves Hanwha Q CELLS` strong brand power. Based on superior technology leadership and quality competitiveness, we will continue to accelerate Hanwha Q CELLS` market penetration in the whole Europe," said Kim Hee-cheul, chief executive of Hanwha Q Cells.

By Kang Doo-soon and Lee Ha-yeon

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