The launch of Hanwha Q-Cells follows the Korean conglomerate's August purchase of bankrupt Q.Cells – at one time Germany’s most valuable technology company – after paying about $48m cash and taking on about six times that amount in debts.
Hanwha already has another PV business, Hanwha SolarOne, based in China.
The Q-Cells deal brought it assets including 200MW of cell and 120MW of module manufacturing facilities in Germany, and an 800MW cell plant in Malaysia, as well as about 1,200 staff.
Hanwha
