Residential for 9 consecutive quarters, Commercial for 4 consecutive quarters… Total installed volume increased from last year
[이투뉴스] Hanwha Q CELLS achieved the No. 1 market share in the US residential and commercial solar module market in the third quarter of this year.
According to an announcement by energy consulting firm Wood Mackenzie, Hanwha Q Cells recorded 27.4% share in the US residential solar module market in the third quarter, ranking first for the ninth consecutive quarter. The US commercial solar module market maintained the No. 1 position for the fourth consecutive quarter with a market share of 22.2% in the third quarter.
Despite the aftermath of Corona 19, the amount of residential solar installations in the third quarter of the US was similar to that of last year. The market size in the third quarter of this year was about 738MW, similar to the market size in the third quarter of last year. The total amount of installation has increased.
Bloomberg New Energy Finance said the number of residential solar installations in the U.S. installed through July this year increased by 21% compared to the same period last year.
Hanwha Q CELLS products are evaluated to meet US consumer standards through thorough quality control. It is released through quality tests that are 2 to 3 times the international standard quality standard. Last month, it was the first in the industry to be certified in the quality inspection of new solar modules by TUV Rheinland, a global verification organization. In this inspection, short-term and long-term reliability evaluation of the module, field sampling inspection, and raw and subsidiary materials inspection were conducted.
The product line that obtained certification in the evaluation of new modules is the Q.PEAK DUO series, which Hanwha Q CELLS launched this year. This product achieved the No. 1 market share of solar modules in advanced energy markets such as the United States, Germany, and Japan, and is also sold in Korea. QPeak Duo applied Q.ANTUM DUO Z technology to remove the space between cells, placing more cells in the same area, and significantly increasing the output.
After establishing the vision of becoming a’total energy solution company’, Hanwha Q CELLS is a solar solution business that combines solar light and energy storage (ESS), a solar power plant development business, and electricity sales that sell electricity directly to consumers Businesses are being promoted. In August, it acquired US energy software company’Growing Energy Labs (GELI)’ and is preparing to enter the distributed energy solution market.
Hanwha Q CELLS President Kim Hee-cheol said, “Achieving the first place in the US residential and commercial markets, which prefers high-efficiency and high-quality products at the same time, demonstrates the brand power of Hanwha Q CELLS.” I will make more efforts to target the premium solar market.”
Reporter Jin Gyeong-nam [email protected]
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