Q-Cells

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Q-Cells SE
Type Societas Europaea
Traded as FWBQCE
Industry Photovoltaics
Founded 1999 (1999)
Headquarters Bitterfeld-Wolfen, Germany
Key people Nedim Cen (CEO and chairman of the executive board), Karlheinz Hornung (Chairman of the supervisory board)
Products Photovoltaic cells, solar modules, development and installation of solar parks
Revenue €1.354 billion (2010)[1]
Operating income €82.3 million (2010)[1]
Profit €18.9 million (2010)[1]
Total assets €1.096 billion (end 2010)[1]
Total equity €882.7 million (end 2010)[1]
Employees 2,380 (end 2010)[1]
Website www.q-cells.com
Q-Cells Thalheim (Bitterfeld-Wolfen)

Q-Cells is a German manufacturer of photovoltaic (PV) cells headquartered in Bitterfeld-Wolfen, Saxony-Anhalt, Germany.[2][3] Q-Cells was established in 1999. Its core business is the development, production and marketing of (mono- and multi-) crystalline silicon photovoltaic cells.[4]

Since commencing production in 2001, Q-Cells now employs about 1500 people at its site in Bitterfeld-Wolfen, Saxony-Anhalt, Germany. In its newest solar cell factory in Selangor, Malaysia, further 1000 people are employed. Q-Cells produced 537 MW of PV cells in 2009. In 2010, the output was increased to 939 MW. Thereof 482 MW were produced in Germany. So nearly half of the production took place in Malaysia.[1]

Contents

[edit] Products

Q-Cells markets mainly multicrystalline solar cells which reach conversion efficiencies of up to 17.4%. Its monocrystalline cells have efficiency ratings of up to 18.8%.[5] Q-Cells marks its cells with a small capital 'Q' near a corner.[6]

Q-Cells also sells solar modules under its own brand. The module portfolio encompasses crystalline silicon and CIGS thin-film modules. Its multicrystalline module products are called Q.BASE and Q.PRO. Q.PEAK is the name of the monocrystalline module series which also comprises an all-black version.[7]

With its CIGS modules, Q-Cells set a world record for thin-film PV in mass production. Total area efficiency of the Q.SMART modules reached 13.4% in March 2011.[8]

[edit] Research and development

Q-Cells has developed the performance of its cells as well as its technological production processes. Q-Cells is also developing additional technologies through partnerships for the commercialization of these technologies.[4]

In 2011, Q-Cells reached a conversion efficiency of 19.5% for 6-inch multicrystalline solar cells which was independently confirmed by the Fraunhofer Society. This newly developed cell concept named Q.ANTUM features an advanced structure for the back side.[9] Based on these cells, Q-Cells built a record-setting solar module with efficiency rating of 18.1% related to the aperture area.[10]

The latest R&D achievement is a monocrystalline cell based on the Q.ANTUM concept with an efficiency of more than 20%. A 60-cell solar module equipped with these cells would result in a power rating of about 280 W.[11]

[edit] Group

The group includes:

In 2009 a few companies, like Sovello or Sunfilm, have been sold.

[edit] Alliances and joint ventures

Q-Cells and China's solar wafer manufacturer Solar LDK announced a joint venture partnership to develop large-scale solar power plants in Europe and China. The first projects, including a 40-MW power plant, are already in the pipeline.[17]

[edit] See also

[edit] References

  1. ^ a b c d e f g "Annual Report 2010". Q-Cells. http://qcells.corporate-reports.net/reports/q_cells/annual/2010/gb/English/0.html. Retrieved 17 April 2011. 
  2. ^ http://www.renewableenergyworld.com/rea/news/story?id=51597
  3. ^ http://de.statista.com/statistik/daten/studie/38166/umfrage/marktanteil-der-hersteller-fuer-solarzellen-weltweit-in-2009/ last retrieved 05.12.2009
  4. ^ a b Evergreen Solar and Q-Cells Announce Partnership with REC
  5. ^ "Q-Cells' solar cell products". http://www.q-cells.com/produkte/solarzellen.html. Retrieved 18 September 2011. 
  6. ^ Trademark registration
  7. ^ "Q-Cells' solar module series". http://www.q-cells.com/produkte/solarmodule.html. Retrieved 18 September 2011. 
  8. ^ "Q-Cells achieves with 13.4% new efficiency world record for CIGS thin film solar module out of mass production". http://www.qcells.mobi/en/company/investor_relations/corporate_news/29032011_qcells_achieves_with_134_new_efficiency_world_record_for_cigs_thin_film_solar_module_out_of/index.html. Retrieved 18 September 2011. 
  9. ^ "Q-Cells SE develops world record-setting solar cell with 19.5% efficiency rating". http://www.qcells.mobi/en/company/investor_relations/corporate_news/01062011_qcells_se_develops_world_recordsetting_solar_cell_with_195_efficiency_rating/index.html. Retrieved 18 September 2011. 
  10. ^ "Q-Cells SE marks fourth world record in the current business year with polycrystalline solar module". http://www.qcells.mobi/en/company/investor_relations/corporate_news/11072011_qcells_se_marks_fourth_world_record_in_the_current_business_year_with_polycrystalline_solar/index.html. Retrieved 18 September 2011. 
  11. ^ "Q-Cells presents photovoltaic innovations for higher yields at EU PVSEC 2011". http://www.qcells.mobi/en/company/investor_relations/corporate_news/05092011_design_module_flat_roof_system_and_world_recordsetting/index.html. Retrieved 18 September 2011. 
  12. ^ http://www.calyxosolar.com/
  13. ^ http://www.flexcell.com/
  14. ^ http://www.flexcell.com/index.php?option=com_content&task=view&id=66&Itemid=46
  15. ^ http://www.solaria.com/
  16. ^ http://www.solibro-solar.com
  17. ^ http://www.renewableenergyworld.com/rea/news/article/2009/05/chinas-new-focus-on-solar?cmpid=WNL-Wednesday-May27-2009

[edit] External links

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