Qcells Completes Construction of Georgia Solar Module Manufacturing Facility and Executes First Delivery

• The first delivery of Q.PEAK DUO L-G5 modules was recently executed after the factory commenced production on Feb. 1

• Qcells aims to maintain its leading market position in the U.S. by delivering high-quality solar modules assembled in America

• The facility is the largest of its kind in the Western Hemisphere with an annual module production capacity of 1.7 gigawatts

• CEO of Hanwha Q CELLS & Advanced Materials Corporation, Mr. Hee Cheul (Charles) Kim, remarked, “This announcement signifies our dedication to the U.S. market and the fulfillment of our promise to provide high-quality solar modules assembled in America, while leaving a positive impact on the economy of Georgia.”

[Dalton, Georgia, February 28, 2019] Hanwha Q CELLS USA, Inc. (“Georgia Factory”), a subsidiary of Hanwha Q CELLS & Advanced Materials Corp. (“Qcells” or “the Company”), announced the completion of its Dalton, Georgia manufacturing facility. The facility is the largest of its kind in the Western Hemisphere with an annual module production capacity of 1.7 gigawatts. The first delivery of Q.PEAK DUO L-G5 modules was recently executed after the Georgia Factory commenced production on Feb. 1. A formal grand-opening ceremony will commence at a later date.

The new facility will supply high-performance and high-quality photovoltaic modules to serve customers and consumers in the United States. Products from the Georgia Factory will be powered by Qcells’ proprietary Q.ANTUM Technology. Q.ANTUM is a solar cell technology that offers various benefits, such as high module performance output and long-term reliability, thanks to excellent Anti-PID (potential induced degradation), Anti-LID (light induced degradation), and Anti-LeTID (light and elevated temperature induced degradation) performance. The Company, together with Hanwha Q CELLS Co., Ltd., another affiliate of Hanwha Group, now maintains manufacturing facilities in the U.S., South Korea, Malaysia, and China.

CEO of Hanwha Q CELLS & Advanced Materials Corporation, Mr. Hee Cheul (Charles) Kim, remarked, “This announcement signifies our dedication to the U.S. market and the fulfillment of our promise to provide high-quality solar modules assembled in America, while leaving a positive impact on the economy of Georgia.”

About Hanwha Q CELLS

Hanwha Q CELLS Co., Ltd. and Hanwha Q CELLS & Advanced Materials Corporation (collectively, “Hanwha Q CELLS”) is one of the world´s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar cells and modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S, Malaysia, China, and South Korea. Hanwha Q CELLS offers the full spectrum of photovoltaic products, applications and solutions, from cells and modules to kits to systems to large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Hanwha Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. Hanwha Q CELLS is a flagship company of Hanwha Group, a FORTUNE Global 500 firm and a Top 10 business enterprise in South Korea. For more information, visit:
http://www.q-cells.com.

Safe-Harbor Statement

This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Hanwha Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Hanwha Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact

Hanwha Q CELLS America Inc.
Marketing/Communications
Katie Kim
E-mail: katie.kim@us.q-cells.com