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Hanwha Q Cells
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Short description

Manufacturer of crystalline silicon solar cells

Founded in 1999
Founded in

Company type Public Public (HQCL)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Germany Bitterfeld-Wolfen, Germany
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Parent Companies Hanwha Corporation

Updated by Cleantech Group on 09/18/2024

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  • 1 M&A items
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Customers
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Date Company
03/25/2014

Tiendas Soriana Tiendas Soriana

Hanwha Q Cells and Mexico’s retail chain Tiendas Soriana have inked a 20-year power purchase agreement (PPA) for 31MW of solar photovoltaic power at 120 retail locations across Mexico.

Confirmed by Tiendas Soriana

Partnerships
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Date Partner Type
02/26/2019
Cubic PV Cubic PV
1366 Technologies is partnering with Hanwha Q Cells on a factory in Malaysia, which will be the first factory to produce its proprietary solar wafers.
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Confirmed by Cubic PV
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Investment Rounds
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IPO INFORMATION

Date

10/05/2005

IPO status

Listed

IPO Type

IPO

Amount

$290M

Initial shares

6656552

Ticker symbol

HQCL

Exchange listed

Frankfurt Stock Exchange

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
12/05/2013 Hanwha Corporation Hanwha Corporation (1)
Post-money valuation of
German solar manufacturer Hanwha Q Cells receives $188.5 million from its Korean parent to expand production capacity and push its global business with power plant solutions and services.
PIPE $188,500,000
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