Bitterfeld Wolfen (Germany) / Mumbai (India), December 14, 2011 – Q-Cells SE, one of the world’s leading photovoltaics companies, is presenting its comprehensive product portfolio at the industry fair Intersolar 2011, in Mumbai, from December 14 to December 17, 2011. Trade visitors are provided with detailed information on Q-Cells solar cells and modules, ranging from thin-film module Q.SMART, to polycrystalline module Q.PRO, to the aesthetical high-power monocrystalline module Q.PEAK.
Q-Cells has been successfully operating in the Indian market since 2009, mainly selling crystalline solar cells. In the second half of 2011 Q-Cells also started selling its high-quality modules. In November 2011, Q-Cells has won its first large project order, delivering 5 MWp of Q.SMART thin-film modules into a solar installation in Rajasthan.
“We are very pleased to have successfully rolled out our business to the promising Indian PV market”, said Hannes Behacker, Senior Vice President for Asia Pacific and Middle East of Q-Cells. “Our clients value our quality in products and services. As the recent large order has shown, we are well prepared to further tap the huge potential of the Indian solar market.”
With its high sun-irradiation, solar power is an attractive means to solve India’s peak energy deficit. In order to increase the stake of solar power in India, the Indian Government launched the National Solar Mission (NSM) program already in January 2010. By now, India’s capacity has increased from 40 MW in 2010 to a forecasted 400 MW in 2011, mostly delivered by large utility scale plants.
Q-Cells aims to further drive the Indian PV market, by delivering high-quality products, engineered in Germany, which serve a diversity of solar applications, ranging from residential roof-top systems, to commercial and industrial or utility scale installations. Q-Cells has long-term international experience in the systems business and is therefore in an ideal position to provide support to its Indian partners, in order to further drive the promising utility market in India.
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About Q-Cells SE The Q-Cells Group is one of the world’s leading photovoltaics companies and offers a wide range of photovoltaic solutions, from solar cells and modules to solar power plants. Q-Cells’s products are developed and manufactured at its headquarters in Bitterfeld-Wolfen (Germany) and marketed via its global sales network. It also has a second production plant in Malaysia. More than 200 scientists and engineers at Q-Cells are working to swiftly advance solar technology and achieve Q-Cells’ twin aims: driving down the costs of photovoltaics quickly and permanently, and making solar power competitive. The close links between R&D and production enable Q-Cells to rapidly translate cutting-edge innovation into mass production - and underpin its ambition to be at the forefront of photovoltaic technology. Q-Cells is quoted on the Frankfurt Stock Exchange (QCE; ISIN DE0005558662) and also listed on the TecDAX, the German technology index.
Executive Board: Dr Nedim Cen (CEO, CFO), Dr Andreas von Zitzewitz (COO, CSO)
Chairman of the Supervisory Board: Prof Dr h c Karlheinz Hornung