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Hanwha Q CELLS supplies 10 MW modules to actensys Solar Park Körbelitz II in Saxony-Anhalt

Hanwha Q CELLS supplies 10 MW modules to actensys Solar Park Körbelitz II in Saxony-Anhalt

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– 36,360 Q CELLS solar modules produce sustainable electricity for around 2,500 households in the Körbelitz region
– Q.PLUS solar modules with Q.ANTUM technology boast higher yields and lower electricity production costs

[Thalheim / Ellzee, Germany, October 26 2017] – Hanwha Q CELLS GmbH, German subsidiary of the world’s largest producer of 100% inhouse solar cells and modules, Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL), and actensys GmbH commissioned the 10 MW Körbelitz Solar Park II in the Jerichower Land district of Saxony-Anhalt in spring 2017. actensys GmbH developed, planned and built the photovoltaic power plant in three weeks of construction. Hanwha Q CELLS supplied around 36,360 Q.PLUS BFR-G4.1 photovoltaics modules with Q.ANTUM technology. A total of 24 SolarMax TS-SV 360 central inverters feed solar power into the medium voltage grid. The plant will produce around 11,000 MWh of clean energy a year, saving almost 6,000 tonnes of CO2.

Roman Jehle, Projects Manager at actensys GmbH said: “actensys GmbH is an experienced solar developer with around 3,000 planned and installed solar projects and a total output of 200 MW under their belt. The Solar Park Körbelitz II is another successful example of how photovoltaic plants pay off in Germany. Professional planning, seamless and careful plant constructions and, in particular, the performance and quality of the solar modules are all crucial for maximum profitability. The outstanding energy¬ yield of Q CELLS modules in low light and high temperatures and their reliability really make the key difference.”

Christian Hauser, Key Account Manager at Hanwha Q CELLS said: “We would like to thank actensys GmbH for trusting us with this major project. actensys has a great deal of experience and expertise in solar projects. We share their high standards for quality and sustainable project success, which is why we are looking forward to continuing and expanding this successful collaboration.”

About actensys GmbH
Active energy systems (actensys) stands for innovative and sustainable energy solutions. This growing company led by Martin Weißenfels was founded in 2008 as a photovoltaics engineering firm. Energy production from renewable sources and also intelligent building networks and energy management, plus integrated energy use, are the core skills of actensys GmbH. actensys emphasises quality, innovation and foresight coupled with short response times when planning, realising and servicing rooftop and ground mounted solar systems, as well as when it comes to energy management. More at: http://www.actensys.de

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.

Source: q-cells
Anand Gupta Editor - EQ Int'l Media Network

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