The company nevertheless achieved full-year profitability in its full year since South Korea’s Hanwha Solar and Germany’s Q Cells were merged into a single organization, and it is on strong footing as it pushes into 2016.

Hanwha Q Cells is backed by Korea’s Hanwha Group and is headquartered in Seoul, with its research base located in Germany.

The combined company achieved profitability for the first time in the third quarter – several years later than many of its closest PV peers – and grew its module shipments greatly during the year, chalking up total shipments of 3,306MW, up 60% year on year on a combined pre-merger basis.

For