Energy & PowerAug 11, 2026

Hanwha Q CELLS

Company Profile Analysis

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Hanwha Q CELLS - Energy & Power showcase

Year Founded & Workforce

1998-12-31

8,000 Employees

Industry

Energy & Power

Services

Hanwha Q CELLS Overview

Headquarters: Seoul, South Korea

Founded: 1999

Workforce: Approximately 8,000

Company Working: Hanwha Q CELLS offers solar panels for segments such as residential, commercial & industrial, and power plants. Its solar panels combine the best features of all known cell technologies to achieve high performance levels at low cost of electricity (LCOE). Such use of advanced technology ensures Q CELLS solar modules achieve maximum luminous efficiency under real, day to day conditions, even under cloudy skies.

Hanwha Q CELLS has presence in 14 countries in 5 continents. Its headquarters for Technology & Innovation are located in the Solar Valley in Thalheim, Germany, where the "Engineered in Germany" product portfolio is developed. Excellent scientists and engineers make continuous improvements to their existing technologies in the in-house research center, developing new innovative product generations. Products are manufactured in international facilities at China, Malaysia, and South Korea. Hanwha Q CELLS has a solar module manufacturing capacity of 8.0 GW, which makes the company one of the biggest solar module manufacturers in the world.

Strategy

The company focuses on collaborations with global contractors and governing authorities to promote the use of its solar products in commercial and industrial rooftop installations, private rooftop installations. It also believes in new product development with the help of research, innovation, and tests in its four R&D centers and in the module test center. It has been awarded Intersolar Award 2018 Photovoltaics category with its Q.PEAK DUO-G5 solar module. It believes in global partnerships with leading component manufacturers and distributors, optimized system planning, an absolute focus on quality, and quick return on investment.

Company Snapshot

$1,800.8M

Revenue

8,000

Employees

1998-12-31

Founded

SWOT Analysis

Strengths

Strong global presence
Strong investment in research & development
Highly Efficient product line

Weaknesses

Adversely affected by volatile market and industry trends
High dependability on solar power products sales
Low costumer base

Opportunities

Focus on expanding in the emerging nations and global markets
Focus on reducing manufacturing cost

Threats

Delays or denial of approvals, permits or licenses by government authorities
Highly competitive & quickly evolving market
Other global players and emerging Chinese contenders

Product Offering

Hanwha Q CELLS
- Residential
- Commercial & Industrial (C&I)
- Power Plants

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hanwha Q CELLS as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hanwha Q CELLS

Headquarters: Seoul, South Korea Founded: 1999 Workforce: Approximately 8,000 Company Working: Hanwha Q CELLS offers solar panels for segments such as residential, commercial & industrial, and power plants. Its solar panels combine the best features of all known cell technologies to achieve high performance levels at low cost of electricity (LCOE). Such use of advanced technology ensures Q CELLS solar modules achieve maximum luminous efficiency under real, day to day conditions, even under cloudy skies. Hanwha Q CELLS has presence in 14 countries in 5 continents. Its headquarters for Technology & Innovation are located in the Solar Valley in Thalheim, Germany, where the "Engineered in Germany" product portfolio is developed. Excellent scientists and engineers make continuous improvements to their existing technologies in the in-house research center, developing new innovative product generations. Products are manufactured in international facilities at China, Malaysia, and South Korea. Hanwha Q CELLS has a solar module manufacturing capacity of 8.0 GW, which makes the company one of the biggest solar module manufacturers in the world.

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