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Q CELLS enters energy solutions business with launch of Q.ENERGY


− Q.ENERGY offers 100% green electricity to customers eager to consume renewable power and gain independence from traditional energy suppliers − Q.ENERGY is available as two different energy tariffs: Basic and Smart, which offer customers a fresh new way to consume electricity − Q CELLS’ Head of EU Sales, Maeng Yoon Kim, said: “Clean and green energy is hardwired into Q CELLS’ DNA; thus we believe that now is the time to step confidently into the energy supply market. Customers of Q.ENERGY can enjoy not only self-sufficiency, but the peace of mind that comes with partnering with one of the solar industry’s most experienced and established names – Q CELLS.”

[Berlin, Germany, February 27, 2019] Hanwha Q CELLS GmbH (“Q CELLS” or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the world, Hanwha Q CELLS Co., Ltd., is poised to enter the energy solutions business with the forthcoming launch of its new Q.ENERGY service in Germany. The concept of Q.ENERGY is simple: customers can buy and consume 100% clean energy, regardless of whether they have their own solar system installed. Q CELLS’ Q.ENERGY service delivers electricity – drawn from 100% clean energy sources in Germany and Austria – to customers, enabling them to power their homes in a green and environmentally friendly manner.

Q.ENERGY offers two energy tariffs to customers: Basic and Smart. The Q.ENERGY Basic tariff gives customers a stable monthly fee for a whole year while they participate in Q CELLS’ green power community. Both the monthly basic fee and price per kWh are calculated based on the consumer’s postcode.

The Q.ENERGY Smart tariff is based on the hourly price of green energy. Customers of this tariff can view electricity prices 24 hours in advance, and then freely make the decision to, for example, use their washing machine or charge their electric vehicle. Customers of both tariffs do not need to have their own solar PV or storage system installed; they simply sign up with Q CELLS and enjoy competitively priced green energy.

Electricity prices in Germany can fluctuate quite dramatically over the course of the day, and also region by region, so based on a consumer’s postcode, Q.ENERGY Smart calculates a base monthly cost of electricity that includes all service fees. The customer receives this as a flat monthly bill, with additional electricity consumption charges levied based on hourly usage patterns. This tariff enables the consumer to take greater control of their energy bills, which can be significantly lowered through proactively altering consumption patterns to maximize costs savings.

Cleaner, simpler, more direct: Q.ENERGY aligns with new consumer demands

Customers across Germany, and indeed many parts of Europe, are increasingly keen to take greater control of their energy consumption. They want it to be clean, efficiently consumed and intelligently integrated into their everyday lives. Simple, smart and solution-focused energy use is the demand of the future, and Q.ENERGY Smart ticks all of the right boxes: a tariff that allows Q CELLS customers to better manage their monthly electricity bills and energy consumption patterns, using 100% certified green energy sourced from Germany and Austria. To offer this guarantee, Q CELLS will provide certificates to Q.ENERGY customers that signal that the electricity they are consuming is certifiably green.

Q CELLS’ Head of EU Sales, Maeng Yoon Kim, said: “Clean and green energy is hardwired into Q CELLS’ DNA; thus we believe that now is the time to step confidently into the energy supply market. Customers of Q.ENERGY can not only enjoy self-sufficiency, but also the peace of mind that comes from partnering with one of the solar industry’s most experienced established companies – Q CELLS.

“Q.ENERGY gifts the gift of energy self-sufficiency and joins Q CELLS’ growing portfolio of solutions designed to decentralize and green the traditional energy system. We are excited to offer these tariffs to customers in Germany, and this new service complements our suite of high quality solar and storage products that have already delivered greater energy autonomy and savings to thousands of homeowners in Germany.”

About Hanwha Q CELLS
Hanwha Q CELLS Co., Ltd. (“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 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

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