星期五, 25 4 月, 2025
Home PV News Hanwha Q Cells No. 1 in US solar power market

Hanwha Q Cells No. 1 in US solar power market

South Korean solar panel maker Hanwha Q Cells topped both residential and commercial solar power module markets in the US last year, industry data showed Sunday.

Hanwha Q Cells controlled 25.2 and 13.3 percent of each sector last year, up 11.1 and 5 percentage points on-year, respectively, becoming the first solar power module manufacturer to top both markets since 2013, according to data compiled by energy consulting firm Wood Mackenzie.

“With unrivaled technology and quality, Hanwha Q Cells will march forward to increase its foothold in the premium US solar power market,” Hanwha Q Cells CEO Kim Hee-cheul said.

The US residential solar power market grew 15 percent on-year by adding 2.8 gigawatts of capacity last year. Also, an extra demand of 1 gigawatt is expected in California alone by 2024 as the state government requires newly built houses to be equipped with solar panels starting this year. Meanwhile, the US commercial solar power market added 2 gigawatts of capacity last year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Azerbaijan and China sign more than 2GW renewable energy agreements

During President Ilham Aliyev’s state visit to China, Azerbaijan signed six major agreements with Chinese partners to boost cooperation in the renewable energy sector,...

CLOU Electronics Sets New Safety Benchmark in Energy Storage with TS-800 Fire Test Certification

Energy storage has garnered unprecedented attention regarding its safety and reliability. On January 16, 2025, a fire broke out at the Moss Landing lithium...

E.ON cooperate with Superdielectrics to develop energy storage

E.ON is now working with a UK-based battery tech firm to advance more environmentally friendly energy storage for households. Energy utility giant E.ON has entered...

Trinasolar Unveils High-Power i-TOPCon Ultra Modules at Korea’s Green Energy Expo

Trinasolar, a global leader in smart PV and energy storage solutions, unveiled its revolutionary i‑TOPCon Ultra technology at Korea's Green Energy Expo in Daegu....