According to the Q1 2020 U.S. PV Leaderboard report by Wood Mackenzie Power & Renewables, Q CELLS has the top market share in both the residential and commercial solar module markets in the United States. Q CELLS nearly doubled its market share in the U.S. residential market in 2019 to 25.2%, a marked increase from the 14.1% market share in the previous year. The Leaderboard report also ranked Q CELLS as the U.S. commercial market leader with 13.3% market share.
It is the first time for Q CELLS to attain No.1 market share in both the U.S. residential and commercial segments. Q CELLS became the first module manufacturer in PV Leaderboard history to have over 25% market share in the U.S. residential market. In addition, Q CELLS also managed to break a quarterly commercial market share record with 23.019% in Q4 2019.
Q CELLS continues its effort to meet customer needs with the company’s range of solar modules. One of Q CELLS’ primary products in the United States, the Q.PEAK DUO BLK-G6+ solar module, provides customers with a maximum output of 345 W and a 25-year product and performance warranty. It provides long-term reliability with one of the lowest degradation rates in the industry, which guarantees 85% of its initial performance after 25 years. Furthermore, its all-black facade offers optimal aesthetic appeal for residential and commercial rooftops.
Q CELLS began production at its new Dalton facility in Georgia in February 2019 in efforts to provide customers with American products. The factory is the largest crystalline silicon solar module manufacturing facility in the Western Hemisphere with 1.7 GW of module production capacity.
“It is inarguable that the U.S. is and will always be one of the most important markets for most solar companies, including Q CELLS,” said Hee Cheul (Charles) Kim, CEO of Q CELLS. “Achieving No.1 market share in the U.S. residential and commercial segments is clear evidence that proves Q CELLS’ global competitiveness, ambition and ability to consistently deliver customer satisfaction. Q CELLS will continuously make every effort possible to provide customers with top quality products and services in the U.S. to further strengthen our market leadership.”