Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas markets, started commercial operations of a solar module plant in Cartersville, the US state of Georgia, to increase federal benefits and cement its leadership in the world’s second-largest solar photovoltaics market.
The company said it is expected to have annual capacities of 3.3 GW for ingots and wafers, 12.2 GW for cells and 11.2 GW for modules, respectively, next year in the US due to the construction and expansions of facilities, as well as the improvement in module efficiency.“Hanwha Q Cells aims to strengthen its leading positions in major strategic markets including the US by raising capacity and expanding renewable businesses at the same time,” said CEO Lee Koo Yung in a statement.
Qcells also plans to procure ethylene vinyl acetate (EVA) sheets used in solar modules as an encapsulating agent due to its good radiation transmission and low degradability to sunlight from a factory built by Hanwha Advanced Materials Corp., a subsidiary of Hanwha Solutions, near the Cartersville complex.
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