ChyronHego Corp. (CHYR)

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Reference material - HSOL vs Q-Cells

http://www.rechargenews.com/solar/americas/article1344588.ece

Update: SolarOne nabs Q Cells Ontario 43MW



By Karl-Erik Stromsta in London

Monday, November 25 2013

Updated: Tuesday, November 26 2013



Hanwha SolarOne will supply 42.5MW of modules to a series of projects in Ontario, in one of the biggest link-ups to date between the Chinese manufacturer and Q Cells, both owned by Korea’s Hanwha Group.

This autumn the administrator overseeing the carcass of a joint-venture established in 2012 between Germany’s Q Cells and Canada’s ATS Automation sold off seven construction-ready projects.

Canadian fund manager Fiera Axium snapped up four of them totalling 42.5MW, and hired Q Cells to act as EPC contractor.

Q Cells in turn has hired SolarOne as module supplier, with the four projects to soak up 170,000 of its HSC 60 Poly Can-Am panels, and construction slated for completion in early 2014.

SolarOne says it will make the modules in Ontario. A Log in to read complete article.

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Hanwha Q CELLS increases production capacity to 1.3 GWp
09. January 2014 | Global PV markets, Industry & Suppliers, Markets & Trends | By: Edgar Meza

In addition to adding a new production line, the PV specialist is looking to expand operations in rooftop markets and power plant solutions around the globe.

Read more: http://www.pv-magazine.com/news/details/beitrag/hanwha-q-cells-increases-production-capacity-to-13-gwp--_100013897/#ixzz2q0hZafLu

The Germany-based PV manufacturer is adding a 204 MWp production line to its Malaysian plant, where the increased production capacity will be fully ramped-up by autumn.

Hanwha Q CELLS is expanding capacity at its plant in Malaysia with an additional 204 MWp production line for the company’s high efficiency solar cells.
The company said on Thursday that the move would raise the production capacity of the manufacturing facility in Cyberjaya, close to Kuala Lumpur, to 1.1 GWp and total production capacity to 1.3 GWp.

After increasing the company's capital by $188.5 million in November, the capacity increase again underscores Hanwha Q CELLS´ positive business outlook for 2014 and its determination to become a leading player in solar industry globally, the company said.

"More and more customers in the international PV markets demand the unique combination that we have to offer: best quality products 'engineered in Germany,' complete solutions and services for PV systems and power plants and all that based on the reliable partnership with a financially stable company," said Hanwha Q CELLS CEO Charles Kim. "With regards to this heightened demand we increase our capacity in order to fulfill our customers' requirements."

The construction at the Cyberjaya plant began in December and the additional production line is scheduled to be fully operational by early autumn, resulting in approximately 70 new jobs at the Malaysian site, the company said.

Production will focus on the high efficiency solar cells for Q CELLS´ Q.PRO G3 polycrystalline PV modules.

"With the expansion, the Hanwha Q CELLS Malaysia facility will finally exceed 1 GW of cell production capacity, thereby ensuring a continuous supply of multi-crystalline high quality solar cells to our certified module manufacturing partners," said Seong Joo Ryu, managing director of Hanwha Q CELLS Malaysia.

"In addition, the capacity increase will enable our company to leverage even higher economies of scale, hence further improving our financial performance."

Outlook 2014: Business expansion in rooftop segments and power plant solution business

After a successful first full year for Hanwha Q CELLS in 2013, the company is set to expand its business in the residential as well as the commercial and industrial rooftop segments – particularly in its European home markets and in Japan. The company added that it would use its "strengthened balance sheet" to gain further market share in the power plant solution business in Europe, Asia and North America.

"Based on our experience of around 600 MW of installed power plant capacity, we offer complete and tailor-made power plant solutions and services," Kim stressed. "Our portfolio in this segment reaches from project development, to EPC, to operations and maintenance up to financing solutions."

The company said both the capacity increase as well as its planned business expansion underlined a positive outlook for 2014. Kim added that the group was "very confident to reach positive full-year figures in 2014."