Hanwha Q Cells Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 7,510

Employees

  • Latest Deal Type
  • Debt Refin.

  • Financing Rounds
  • 11

  • Investments
  • 5

Hanwha Q Cells General Information

Description

Manufacturer of solar cells intended for the development of solar modules and management of downstream solar farms. The company serves commercial and individual customers with its photovoltaic (PV) solutions which include PV modules, PV cells, silicon ingots and silicon wafers and also handles PV downstream businesses, which involve the development of solar power projects employing its photovoltaic products.

Contact Information

Website
www.q-cells.de
Formerly Known As
Solarfun Power Holdings, Hanwha Solar One, Hanwha Solarone Co., Ltd., Solarfun Power Holdings Co., Ltd.
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • Sonnenallee 17 - 21
  • 06766 Bitterfeld-Wolfen
  • Germany
+49 03494
Primary Industry
Alternative Energy Equipment
Other Industries
Other Commercial Products
Parent Company
Corporate Office
  • Sonnenallee 17 - 21
  • 06766 Bitterfeld-Wolfen
  • Germany
+49 03494

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Hanwha Q Cells Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hanwha Q Cells Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of solar cells intended for the development of solar modules and management of downstream solar farms. The
Alternative Energy Equipment
Bitterfeld-Wolfen, Germany
7,510 As of 2017

Herzliya, Israel
 

Shepperton, United Kingdom
 
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Hanwha Q Cells Competitors (4)

One of Hanwha Q Cells’s 4 competitors is Solaredge Technologies, a Formerly VC-backed company based in Herzliya, Israel.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Solaredge Technologies Formerly VC-backed Herzliya, Israel
Solarwatt (Alternative Energy Equipment) Corporation Shepperton, United Kingdom
AE Solar Venture Capital-Backed Königsbrunn, Germany
Solarwatt Private Equity-Backed Dresden, Germany
To view Hanwha Q Cells’s complete competitors history, request access »

Hanwha Q Cells Patents

Hanwha Q Cells Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102024106893-B3 Solar module Active 11-Mar-2024
DE-102023124267-A1 Mounted solar module Pending 08-Sep-2023
DE-102023124063-A1 Clamp for fixing a photovoltaic module frame Pending 07-Sep-2023
DE-102023124068-A1 Frame for a photovoltaic laminate Pending 07-Sep-2023
DE-102023123913-A1 Rapid shutdown system and solar module system Pending 05-Sep-2023 H02S50/00
To view Hanwha Q Cells’s complete patent history, request access »

Hanwha Q Cells Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Hanwha Q Cells Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Hanwha Q Cells Investments (5)

Hanwha Q Cells’s most recent deal was a Corporate Asset Purchase with Hive Energy (200 MWp Solar Photovoltaic Projects in Spain). The deal was made on 08-Jan-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Hive Energy (200 MWp Solar Photovoltaic Projects in Spain) 08-Jan-2020 Corporate Asset Purchase Other Energy
Alterpower Digos Solar 01-Mar-2016 Joint Venture Energy Production
CSG Solar 01-Feb-2005 PE Growth/Expansion Other Commercial Products
Hanwha Q Cells (25 MW solar project in Hawaii) Corporate Asset Purchase Other Energy
Hanwha Q Cells USA (80 MW Solar Development Project in Wyoming) Corporate Asset Purchase Energy Infrastructure
To view Hanwha Q Cells’s complete investments history, request access »

Hanwha Q Cells Exits (2)

Hanwha Q Cells’s most recent exit was on 01-Mar-2016 from Alterpower Digos Solar. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Alterpower Digos Solar 01-Mar-2016 Completed
CSG Solar 01-Feb-2005 PE Growth/Expansion Completed
  • 5 buyers
To view Hanwha Q Cells’s complete exits history, request access »

Hanwha Q Cells Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Hanwha Q CELLS Company Irvine, CA

Hanwha Q Cells FAQs

  • When was Hanwha Q Cells founded?

    Hanwha Q Cells was founded in 1999.

  • Where is Hanwha Q Cells headquartered?

    Hanwha Q Cells is headquartered in Bitterfeld-Wolfen, Germany.

  • What is the size of Hanwha Q Cells?

    Hanwha Q Cells has 7,510 total employees.

  • What industry is Hanwha Q Cells in?

    Hanwha Q Cells’s primary industry is Alternative Energy Equipment.

  • Is Hanwha Q Cells a private or public company?

    Hanwha Q Cells is a Private company.

  • What is Hanwha Q Cells’s current revenue?

    The current revenue for Hanwha Q Cells is .

  • How much funding has Hanwha Q Cells raised over time?

    Hanwha Q Cells has raised $684M.

  • Who are Hanwha Q Cells’s investors?

    Citi Venture Capital International, Good Energies Foundation (Zug), Hony Capital, and Legend Capital have invested in Hanwha Q Cells.

  • Who are Hanwha Q Cells’s competitors?

    Solaredge Technologies, Solarwatt (Alternative Energy Equipment), AE Solar, and Solarwatt are competitors of Hanwha Q Cells.

  • When was Hanwha Q Cells acquired?

    Hanwha Q Cells was acquired on 19-Jun-2019.

  • Who acquired Hanwha Q Cells?

    Hanwha Q Cells was acquired by Hanwha Solutions.

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