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Manufacturer of monocrystalline silicon solar cells and photovoltaic modules with production in the USA, Malaysia and South Korea.

QC

Hanwha Qcells Co., Ltd.

Seoul (KR) · Bitterfeld-Wolfen/Thalheim (DE) · Dalton, Georgia (US) · Malaysia · South KoreaNew on Amplifa

1999Founded in Bitterfeld-Wolfen
over 2,000Employees (historical peak)
7.3 GWShipments in 2019
5Sites (HQ, development, production)
Subsidiary of Hanwha SolutionsLegal structure

About Qcells

Qcells is a manufacturer of photovoltaic products headquartered in Seoul, South Korea. The company was founded in 1999 in Bitterfeld-Wolfen (Germany) and developed there one of the largest solar cell sites in Europe, the so-called Solar Valley. Qcells develops and produces monocrystalline silicon solar cells and solar modules; historically, polycrystalline cells as well as thin-film cells based on CIGS and CdTe were also manufactured. In addition to module production, the company plans and installs PV systems for commercial, industrial and residential applications and offers EPC services for large solar power plants. The production sites are located in the USA (Dalton, Georgia), Malaysia and South Korea; development offices remain in Thalheim near Bitterfeld-Wolfen. In 2012, the company was acquired by the South Korean Hanwha Group after insolvency and is today a subsidiary of Hanwha Solutions. In 2019, Qcells ranked among the six largest solar cell manufacturers worldwide with shipments of 7.3 gigawatts.

Site
Seoul
Processes
Manufacture of monocrystalline silicon photovoltaic cells, Manufacture of polycrystalline solar cells, Manufacture of solar modules/panels, CIGS-based thin-film solar cells (Solibro), CdTe thin-film PV manufacturing (Calyxo), Planning and installation of PV systems (commercial, industrial, residential), EPC services for large-scale solar power plants, EPC services for large solar power plants
Materials
Silicon (monocrystalline), Silicon (polycrystalline), Copper-Indium-Gallium-Diselenide (CIGS), Cadmium-Telluride (CdTe), Copper-Indium-Gallium-Diselenide, Cadmium-Telluride
Founded
1999
Employees
over 2000 (historica
Industries
Photovoltaics, Solar cell manufacturing, Renewable energies
  1. 01

    Wafer/cell manufacturing (monocrystalline silicon)

  2. 02

    Module assembly

  3. 03

    Sales of solar modules

  4. 04

    Planning & installation of PV systems

  5. 05

    EPC for large-scale solar power plants

Materials & Technologies

Si (mono)

Silicon (monocrystalline)

Base material of the currently produced solar cells and modules.

Si (poly)

Silicon (polycrystalline)

Cell material produced historically from 2001 in Thalheim.

CIGS

Copper-Indium-Gallium-Diselenide

Thin-film technology of the subsidiary Solibro (until 2012).

CdTe

Cadmium-Telluride

Thin-film technology of the subsidiary Calyxo (from 2005).

Sites

Seoul, South Korea

KR

Headquarters

Materials
Silicon

Bitterfeld-Wolfen (Thalheim), Germany

DE

Development offices / former production

Materials
Silicon

Dalton, Georgia, USA

US

Production

Materials
Silicon

Malaysia

MY

Production

Materials
Silicon

South Korea

KR

Production

Materials
Silicon

Industries

PhotovoltaicsSolar cell manufacturingRenewable energies

Processes & technical limits

ProcessesToleranceMax. partWeightLot sizeMaterials
Manufacture of monocrystalline silicon photovoltaic cellsSemiconductor/Photovoltaic manufacturing––––Silicon (monocrystalline)
Manufacture of polycrystalline solar cellsSemiconductor/Photovoltaic manufacturing––––Silicon (polycrystalline)
Manufacture of solar modules/panelsAssembly––––Silicon
CIGS-based thin-film solar cells (Solibro)Semiconductor/Photovoltaic manufacturing––––Copper-Indium-Gallium-Diselenide
CdTe thin-film PV manufacturing (Calyxo)Semiconductor/Photovoltaic manufacturing––––Cadmium-Telluride
Planning and installation of PV systems (commercial, industrial, residential)Assembly–––––
EPC services for large-scale solar power plantsEngineering–––––

Additional services

EPC services for large solar power plantsInstallation of PV systems (commercial, industrial, residential)

Reference customers

Microsoft (order for 12 GW of solar modules by 2032)

History

  1. 1999

    Founded in Bitterfeld-Wolfen, Germany

  2. 2001

    First functioning polycrystalline solar cell produced on 23 July in Thalheim

  3. 2005

    IPO on the Frankfurt Stock Exchange on 5 October; founding of Calyxo

  4. 2006

    Death of founder Lemoine; Fest and Grunow leave the company

  5. 2007

    Deal with Solar Fields, IP and assets transferred to Calyxo USA

  6. 2008

    Acquisition of 17.9% stake in Renewable Energy Corporation; Sontor merges with Sunfilm

  7. 2009

    Sale of the REC stake; acquisition of Solibro in June

  8. 2010

    Resignation of CEO Milner

  9. 2011

    Insolvency filing on 3 April following market collapse

  10. 2012

    Acquisition by the Hanwha Group in August; sale of Solibro to Hanergy

  11. 2014

    SolarOne integrated into Qcells in December

  12. 2015

    Production in Germany discontinued due to high costs; relocation to China, Malaysia and South Korea

  13. 2018

    Merger of Qcells with Hanwha Advanced Materials

  14. 2019

    Opening of the first US production site; acquisition of a solar business of Hanwha Chemicals

  15. 2020

    Merger with Hanwha Chemical to form Hanwha Solutions

  16. 2022

    Spin-off of the utility-scale business as Q ENERGY

  17. 2023

    Commitment of over USD 2.5 billion for an integrated solar supply chain in the USA

  18. 2024

    USD 1.45 billion loan commitment from the US Department of Energy; Microsoft order for 12 GW

  19. 2025

    US Department of Commerce imposes anti-dumping duties; Qcells Malaysia receives the lowest CVD rates (14.64%, 0% AD)

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