Q CELLS Wins EUPD Research ‘Top Brand PV’ Award for Fourth Consecutive Year

Q CELLS once again recognised as the solar module brand Aussie installers are most likely to recommend to families and friends

For the fourth year in a row, Q CELLS has been awarded Australia’s ‘Top Brand PV’ seal by EuPD research.  2019 also represents the sixth consecutive year that Q CELLS has received the same award in key European markets.

Q CELLS has been awarded the “Top Brand PV” seal by internationally recognized research institute EuPD Research.

EuPD Research awards the Top Brand PV seals based on its Global PV InstallerMonitor survey, which compiles the opinions of participating solar installers from across leading solar markets. Q CELLS received the Top Brand PV status 2019 as Australian installers once again recognised the company’s brand strength and enduring appeal.

Beyond Australia, Q CELLS has also taken out Top Brand PV status in the European countries of Germany, Switzerland, Austria, Italy, France, the Netherlands, the UK and Belgium. This places Q CELLS at the top of the rankings where it has been rated as a brand that delivers exceptional products and service quality throughout the most important and dynamic solar markets of Europe.

Top Brand PV EUPD Research Q CELLS Australia

Fourth-in-a-row achievement serves as reminder of Q CELLS commitment to quality

In securing the award Hanwha Q CELLS Head of Australia, Peter Bae, noted the importance that Q CELLS’s commitment to high-quality local service plays in the brand’s appeal within the Australian market.

“In Australia’s competitive solar market, where cheaper, lesser quality products abound, Q CELLS’s commitment to innovative technologies and high-quality construction, all supported by expert Australian-based customer support help it to stand out from the pack,” Mr Bae said.

In securing a EuPD Research Top Brand PV for a fourth consecutive year in Australia and a sixth in Europe, Q CELLS further cements its reputation as one of the world’s most trusted and respected solar companies.”

The EuPD Research Global PV InstallerMonitor surveys more than 100 installers in each nation surveyed and is widely considered to be an accurate and independent method of gauging which solar companies consistently earn the trust of installers operating in these competitive markets.

Such feedback – derived from the very companies at the heart of the solar industry – is vital for end-customers because it places emphasis not only on brand strength, but also on brand reputation and the quality of the products. In again receiving the Top Brand PV seal, Q CELLS has demonstrated a level of consistency in quality and service that is largely unmatched in the industry.

Mark A. W. Hoehner, CEO at EuPD Research, said: “There are only a few companies that have been able to consistently reach ’Top Brand PV’ status over the last few years. For almost ten years we have identified those top brands to enable installers and end customers to differentiate the most sustainable and reliable partners from others, and criteria like this are key purchasing decision drivers.”

Mr. Hee Cheul (Charles) Kim, CEO of Hanwha Q CELLS, added: “It is especially encouraging to once again receive this great accolade at a time when European and Australian installers demand even greater quality and service. We are pleased to be able to consistently meet and surpass their expectations. We are already a market leader in many important European markets, and this further recognition from EuPD Research will no doubt spur Q CELLS to continue its drive to increase its market share across the continent.”

Latest award adds to Q CELLS’ growing roll-call of accolades

The Top Brand PV 2019 seal joins a growing list of accolades and awards bestowed on Q CELLS in the past 12 months. This roll-call of achievement serves to yet again underline the company’s commitment to producing high quality products, cutting-edge technology and exceptional service.

  • Q CELLS’ Q.PEAK DUO-G5 half-cut cell module won the Intersolar Award 2018 in the category of Photovoltaics in Munich last June.
  • Hanwha Q CELLS ranked as “Top Performer 2018” in the latest DNV GL PV Module Reliability scorecard published in May last year.
  • Q CELLS’ Q.PEAK-G4.1 awarded the highest rating for quality by Italy’s Altroconsumo and the Istituto Tecnologie Avanzate (ITA)

About Hanwha Q CELLS

Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It has been serving Australia since 2009, longer than any other manufacturer currently on the market. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia and China. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from modules to kits to systems to large-scale solar power plants. 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 partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit: http://www.hanwha-qcells.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.