What does qcells do?

Qcells develops and produces monocrystaline silicon photovoltaic cells and solar panels. It produces and installs PV systems for commercial, industrial, and residential applications and provides EPC services for large-scale solar power plants. The company's engineering offices are located at the original headquarters in Thalheim, Germany.

Who owns qcells?

Qcells was purchased out of bankruptcy in August 2012 by the Hanwha Group, a South Korean business conglomerate. Qcells now operates as a subsidiary of Hanwha Solutions, the group's energy and petrochemical company. Qcells has manufacturing facilities in the United States, Malaysia, and South Korea.

Where are qcells solar cells made?

Qcells has manufacturing facilities in the United States, Malaysia, and South Korea. The company was the sixth-largest producer of solar cells in 2019, with shipments totaling 7.3 gigawatts.

What happened to qcells?

Qcells was hit hard by the Great Recession in late 2008, with share prices slipping from over 80 euros to under 20. In response, the company laid off 500 employees. Milner resigned as CEO in early 2010, and by the end of the year, the company's finances appeared to stabilize.

What is the subsidy rate for Hanwha qcells products produced in Malaysia?

The Commerce Department calculated a subsidy rate of 14.72% for Hanwha Qcells products produced in Malaysia, based in part on government loans and below-market land provisions to the company in that country. Qcells develops and produces monocrystaline silicon photovoltaic cells and solar panels.

Where are Hanwha qcells cells made?

In July 2024, it was reported that Hanwha Qcells' factory in Dalton, Georgia, was importing cells made with Chinese wafers from TCL Zhonghuan Renewable Energy Technology Co. and Gokin Solar Co., wafer suppliers who source Xinjiang, China polysilicon from Daqo and GCL, both of which are on the UFLPA Entity List.