Hanwha Q CELLS announced on May 23 that it was ranked first place in the U.K. photovoltaic (PV) market for two consecutive years. According to a recent survey on U.K. solar panel installers by EuPD Research, Hanwha Q CELLS’ market share was 13.6 percent last year, up 3.8 percentage points from a year before.
The United Kingdom is one of the countries where power generation using renewable energy sources has secured competitiveness compared to existing energy sources, and there is a constant demand for highly efficient products. Hanwha Q CELLS achieved the top market share by introducing highly efficient solar modules and customized solutions to the U.K. PV market and aggressively targeting local suppliers.
In order to meet the diverse needs of the U.K. customers, the company has developed the Q.HOME, a residential photovoltaic solution that combines all necessary functions, from electricity production to storage and management, and Q.FLAT, a commercial photovoltaic installation platform that saves installation time and cost.
In particular, Hanwha Q CELLS‘ product technology is highly recognized in the U.K. Its high-output product Q.PEAK DUO won the Solar+Power Award 2017 awarded by U.K. photovoltaic media Solar+Power Management Magazine, followed by Q.FLAT winning the same award last year for its innovativeness.
Hanwha Q CELLS CEO Kim Hee-chul said, "We will not settle for the top market share in the United Kingdom but target the European premium PV market based on our unrivaled technology and product strength."
Meanwhile, the company concluded a contract last October to supply a 1.5 MW high-power product Q.Peak Duo modules to Solar Together London, which is London’s residential solar power project, and partnered with local suppliers participating in the project. As a result, it has supplied high-power modules to about 600 households in five boroughs in London since last November.