# Q CELLS

Q CELLS is an Asset Manager based in Germany.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Germany
- **Region:** Europe
- **Address:** Germany
- **Assets under management:** Undisclosed
- **Website:** https://q-cells.com

## Regulatory record

- **Reports private funds:** No

## About

Q-Cells is a German company based in Bitterfeld-Wolfen, established in 1999. It specializes in renewable energy semiconductor manufacturing. The company has secured approximately 11 million euros in total funding.

## Sectors

- Energy Transition & Renewables
- Infrastructure

## Questions

### Who owns Q CELLS?

Q CELLS is a wholly owned subsidiary of Hanwha Solutions Corporation, which is itself part of the Hanwha Group, a South Korean conglomerate. Hanwha acquired a majority stake in Q CELLS in 2012. The company operates as Hanwha Q CELLS in some markets, reflecting its corporate parent.

### What is Q CELLS' core business model?

Q CELLS operates as a vertically integrated solar energy company. It manufactures photovoltaic modules (cells, wafers, modules) and develops, finances, and operates utility-scale solar projects. The firm also provides energy storage solutions and services for commercial and residential rooftop solar.

### Where are Q CELLS' manufacturing facilities located?

Q CELLS has manufacturing facilities in South Korea (its headquarters and major cell/module factory), China, and Malaysia. The company also announced plans in 2023 to build a new solar module factory in the United States (Georgia) and a polysilicon facility in Alabama, part of a larger $2.5 billion investment to establish a US supply chain.

### Does Q CELLS invest in or partner with other renewable energy companies?

Yes, Q CELLS actively partners with project developers, utilities, and engineering firms to develop large-scale solar farms. For example, it has a joint venture with developer Ecoplexus for US projects and a partnership with Microsoft for renewable energy credits. It also supplies modules to independent power producers and installers.

### Is Q CELLS a pure-play solar firm or does it have other energy activities?

Q CELLS is mainly a solar photovoltaic company (modules and projects). Its parent, Hanwha Solutions, has additional businesses in chemicals, construction, and defense. However, Q CELLS itself is focused on solar manufacturing and development. The company also explores energy storage and solar-plus-storage solutions.

### What geographic markets does Q CELLS serve?

Q CELLS has a global footprint, with markets in North America (US, Canada), Europe (Germany, UK, France, Spain, Italy), Asia (South Korea, Japan, China, Australia), and the Middle East. The company's project development offices are located in the US (Irvine, CA), Germany (HQ), and Australia.

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Last updated: 2026-06-03T20:00:00.000Z

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