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100 kW Flat Roof Solar System of Hanwha Q CELLS Produces Clean Energy on Roof of German Fire Protection Specialist


– Photovoltaic system with east-west orientation and performance ratio of more than 86%
– Q.FLAT-G4, the self-developed Q CELLS flat roof system, lowers energy costs for commercial and industrial (C&I) businesses
– Q.PLUS solar modules with Q.ANTUM technology boast greater yield and lower electricity production costs

[Thalheim, Germany, November 30, 2017] – A 100 kW Q.FLAT-G4 photovoltaic flat roof system has been installed on the roof of the fire protection company Nagel GmbH in Bitterfeld-Wolfen, Germany. The flat roof solution Q.FLAT-G4 combines Q CELLS solar modules with a customised substructure. The system consists of 356 Q.PLUS-G4 solar modules with 280 Wp and Q.ANTUM technology. With a performance ratio of 86%, the system is designed to produce more than 80,000 kWh of clean energy per year and reduce CO2 emissions by 500 kg. Roeder Solar GmbH, headquartered in Halle, planned and installed the system with east-west orientation. Over the past 13 years, the company has installed more than 1,200 solar energy systems in central Germany. Roeder Solar GmbH is a Q.PARTNER, a company within the Hanwha Q CELLS installer network.

Q.FLAT-G.4 – Maximise yield, minimise power generation costs
The Hanwha Q CELLS system solution Q.FLAT-G4 forms the basis for the system in Bitterfeld-Wolfen. Q.FLAT-G4 is much more than just a substructure. The experts at Hanwha Q CELLS optimised it specifically for the use of high-performance modules of the Q CELLS brand. Therefore, the system is only compatible with Q CELLS modules. A major advantage of Q.FLAT-G4 is the quick and easy, but safe installation, which does not require any penetration of the roof structure. The system produces nearly the same amount of energy, regardless of its orientation, which allows maximum use of the roof surface. In combination with Q CELLS’ high-performance modules with Q.ANTUM technology, Q.FLAT-G4 maximises the system yield, giving the customer an optimum self-consumption rate. That is what makes Q.FLAT-G4 the comprehensive solution for flat roofs, including planning, documentation, delivery and installation by a certified Q.PARTNER company. Hanwha Q CELLS first presented the flat roof solar solution at the Intersolar Europe trade fair in June 2017.

Dirk Musold, Managing Director of Röder Solar GmbH, said, “With the Q CELLS ROOFTOP PLANNER, system planning and documentation is quick and easy-just like the installation itself, which only requires one type of tool.”

Mario Schulte, Key Account Manager at Hanwha Q CELLS, said, “We are delighted about successfuly completing ofthe first Q.FLAT-G4 project in Germany. In general, it makes a lot of sense for industrial and commercial businesses to switch their energy consumption to self-produced solar energy. This way, they save money in the long term while also becoming more sustainable. Q.FLAT-G4 is the ideal solution for this purpose. The high performance rate, reliability and outstanding energy yield of Q CELLS’ modules in low light and high temperatures are what set them apart from the rest.”

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 is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in Malaysia, South Korea 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 partnership to its customers in the utility, commercial, government and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 8 business enterprise in South Korea. For more information, visit: 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.

The information contained in this communication is confidential and may be legally privileged. It is intended solely for the use of the individual or entity to whom it is addressed. If you are not the intended recipient you are hereby notified that any disclosure, copying, distribution or taking any action in relation to the contents of this information is strictly prohibited and may be unlawful. Hanwha Q CELLS GmbH is neither liable for the proper and complete transmission of the information contained in this communication nor for any delay in its receipt.

Source: Hanwha Q CELLS GmbH
Anand Gupta Editor - EQ Int'l Media Network


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