Turnkey solar solutions from a partner you can trust

Transcription

1 Turnkey solar solutions from a partner you can trust Specifications are subject to change without notice. Co., Ltd., EPC brochure2017_ _new_en

2 Our Mission: Making Solar Energy the First Choice Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) is one of the world s largest photovoltaic manufacturers and is recognized highly for its industry-leading technology and superior product quality. The Global Executive Headquarters is located in Seoul, South Korea and the Headquarters for Technology & Innovation is in Thalheim, Germany. With diverse manufacturing facilities in South Korea, Malaysia and China, Hanwha Q CELLS is a vertically integrated solar solution provider with a global footprint. Hanwha Q CELLS offers the full spectrum of photovoltaic products and solutions, from modules to systems and large scale solar power plants. At Hanwha Q CELLS, we care most about our customers and are passionate about meeting their needs. We will strive to apply our state-of-the-art technology to shape a new era in the energy industry, benefiting each consumer and the world we live in. We are a vertically integrated and fully bankable solar solution provider with a global footprint and market access. We expect to lead the world s solar industry with our cutting-edge technology and superior product quality. We are a futureproof, passionate and trusted partner to our investors, installers and end consumers. Through our growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, we provide unparalleled solar products and services in the utility, government, commercial, and residential markets. Hanwha Q CELLS is the trusted solar partner for our customers worldwide and in the solar industry, a global leader. Hanwha Q CELLS cell production capacity of 8 GW and solar module manufacturing capacity of 8 GW makes us the largest solar cell manufacturer and one of the biggest solar module manufacturers in the world (As of January 2018).

3 Key Facts & Figures The Figures Speak for Themselves 4 R&D Centers With scientists in Germany, China, Korea and Malaysia, Hanwha Q CELLS continues to innovate at the fore front of the global solar industry. Tier 1 Bloomberg Rating Hanwha Q CELLS has a Tier 1 Bloomberg rating. That makes us the perfect partner for investors. 8 GW* Capacity Hanwha Q CELLS cell production capacity of 8 GW and solar module manufacturing capacity of 8 GW makes us the largest cell manufacturer and one of the biggest solar module manufacturers in the world (As of January 2018). 1 GW Track Record Hanwha Q CELLS and its predecessor company, Q Cells SE, have installed over 1 GW of solar power plants. 40+ Countries Hanwha Q CELLS global footprint spans Europe, Asia-Pacific and North America, with sales offices in more than 40 countries. German Engineering Engineered in Germany and developed by 485 engineers across four R&D centers, we provide top quality solutions with unparalleled performance. Fully Bankable Backed by Hanwha Group, one of South Korea's 8 largest corporations, Hanwha Q CELLS provides optimal business stability, reliability and continuity

4 Engineering, Procurement and Construction A Sustainable Investment solar power plants are A reliable and sustainable investment for: Institutional investors Project developers Independent Power Producers Cooperatives and Municipal Utilities Investor-Owned Utilities Corporate and Industrial Consumers At Hanwha Q CELLS, we believe that engineering, procurement and construction management (EPC) for solar power plant customers represents a very important value contribution to facility energy performance and reliable long-term economic yields. Solar power plants provide solutions for customer renewable energy policy directives and sustainability objectives. With the addition of skillful facility design, top quality components, and rigorous project execution, solar generation can also be a highly reliable energy supply source and competitive economic investment in years to come. Our customers benefit from our expertise in the global large scale solar industry by taking advantage of Hanwha Q CELLS EPC services. Global Energy Mix up to 2040 Forecast by Bloomberg New Energy Finance 16,000 GW 14,000 GW 12,000 GW 10,000 GW 8,000 GW 6,000 GW 4,000 GW 2,000 GW 0 GW Source: Bloomberg New Energy Finance Flexible capacity Other renewables Solar power Wind Hydro Nuclear energy Oil Gas Coal 06 07

5 solar ENGINEERING, PROCUREMENT AND CONSTRUCTION Our Offer to Project Developers As a fully integrated EPC contractor we offer developers a turnkey, bankable solution for their solar power investment. This ranges from providing engineering and design support in the early development stage, to project realization. Having successfully completed projects that produce over 1 GW, we understand the needs of project owners and utility customers. We are committed to building plants that perform to meet the highest standards, provide maximum value and are delivered on time. GARNET, PALM SPRINGS, CALIFORNIA, USA 08 09

6 Integrated solutions Project expertise One-Stop-Shopping A Customized Approach One-stop shopping is the key to your project's success. Hanwha Q CELLS is your partner for efficient delivery of turnkey solar power plants. Our integrated project management and system expertise will save you time and money while providing you with a plan you can rely on. Hanwha Q CELLS has extensive experience developing projects across North America from North Carolina to California, as well as in Canada, Mexico and the Caribbean lslands. Our team of seasoned professionals bring more than 100 years of collective experience in direct project management and deep subject matter expertise in energy. Solar Project Realization Engineering procurement construction Skillful design and optimization for customer needs in a turnkey system Selection and delivery of high quality, integrated components Detailed planning, project management and construction Hanwha Q CELLS is one of only a few EPC market participants solely focused on solar, providing an integrated solar plant solution throughout the engineering, procurement and construction process. With global experience in a variety of customer project situations and broad Hanwha technical and financial resources, Hanwha Q CELLS can get even the most complex projects to successful completion. We will lead you efficiently through your solar power plant project by defining best practices and approaches devised from your organization s existing processes. Our integrated project management makes sure all elements of your project are coordinated and delivered in the most timely and cost-effective way. Design, planning, component sourcing and construction of solar power plants are optimized and executed by our specialists. Global partnerships with leading component manufacturers and distributors, optimized system design, absolute focus on quality, and attention to customer return on investment are essential to Hanwha Q CELLS EPC offering. For you, as the customer, this means reduced risk, timely project realization, and a perfect balance between price, performance and top quality. Hanwha Q CELLS is a financially strong, stable, and experienced solar EPC partner. We are relentless in our pursuit to be the best Megawattscale solar project partner and service provider for customers across North America. Among other successes, ours began with the first ever utilityscale solar farm on a Superfund site in the Midwest. We initially succeeded by being price competitive and by providing a solution to a problem that has frustrated project developers for decades. Our approach has been further refined, providing highly customized solutions to the specific opportunity, all while employing standardized building blocks and processes. We design and execute to match customer objectives for project size, site conditions, regional and local needs, timing, performance, quality, and financial parameters. As an affiliate of the FORTUNE Global 500 firm Hanwha Group with assets of over $150 billion, we possess financial stability and have access to numerous resources

7 POWER PLANT DESIGN Quality Tested Top Components and Customization Backed by VDE All components are carefully calibrated to one another. Along with the module quality, the design and layout of a solar power plant define its performance. Our solar power plant solutions have undergone the industry s toughest quality testing program by the VDE Association for Electrical, Electronic & Information Technologies and achieved their Quality Tested seal of approval. At the Zerbst solar farm in Germany (representative of other Hanwha Q CELLS solar power plants), the VDE tested individual components, as well as the design, planning, and implementation. Our solar plants perform better than guaranteed The graph shows the relation between guaranteed performance ratio* vs. measured performance ratio* in different countries. The measured performance ratio is 2.5 % up to 5.5 % higher as the guaranteed performance ratio Performance Ratio guaranteed measured * Performance ratio: Specific yield / irradiation module plane. It shows the ratio of real yield and optimum yield and serves as an indicator for the efficiency and quality of a PV-installation Portugal Turkey England Chile Your Benefits: Fastest possible plant implementation from construction to commercial operation Low BoS costs: coordinated highperformance components High yield security: highperformance modules and quality components Solar power plants by Hanwha Q CELLS are custom-built according to the customer s exact requirements. All components are carefully calibrated to one another. Along with module quality, the design and layout of a solar power plant define its performance. Whether it is an inverter or mounting system, we only use quality parts from globally leading manufacturers. This ensures the availability of all components necessary for the project s seamless implementation. Within a project, we use repeatable building block designs that make it possible to realize power plant projects within a short amount of time. Our customers can not only expect high performance and yield reliability, but also a cost-efficient balance of system (BoS). Your Benefits: Safe return in investment Highly reliable system that provides long-term yields with the strictest safety standards Increased investment security through the possibility of individual assessment for project proposals High bankability thanks to the financial backing of a FORTUNE 500 firm and certification by an internationally recognized testing and certification authority Hanwha Q CELLS has created the first solar power plant on the market that has passed the strict VDE Quality Tested certification. The certification covered both the Hanwha Q CELLS design of the solar power plant and its EPC services. Our power plants and EPC services are both standardized and scalable; this makes investing in an HQC system a sound decision, no matter where your facility is located or how large it is. Hanwha Q CELLS is the only EPC provider to offer a comprehensive set of EPC services with a level of quality that is unsurpassed in the industry. Our Standards: Only the best components Efficient solar farm design Oustanding planning Correct and secure implementation Reliable performance 12 13

8 References Our Route to Solar Energy Worldwide OUR ACCOMPLSHMENTS HAVE TAKEN US FROM THE PACIFIC RIM AND EUROPE TO THE UNITED STATES MARKETS. That growth stems from a marriage of innovative technology and the fact that we deliver integrated, efficient solutions across the entire value chain. BEACON COMPLEX CANTIL, CALIFORNIA, USA MWp 2017 The Beacon Solar Energy Project is located in eastern Kern County at the western edge of California s Mojave Desert. The project boasts a nominal power output of MW, which produces enough clean energy to power over 14,000 households. The solar power generated from the plant will service the Los Angeles Department of Water and Power (LADWP). 15

9 References NORTH CAROLINA, USA 28.0 MWp 2017 ZV Solar 2, Red Springs, NC Ι 7.0 MWp Hood Farm, Trenton, NC Ι 7.0 MWp Bizzell Church 2, Selma, NC Ι 7.0 MWp St. Pauls 2, St. Pauls, NC Ι 7.0 MWp Hanwha Q CELLS completed EPC work for four different project locations in the active North Carolina solar market in These were ground-mounted utility-scale installations of fixed tilt systems for a solar investment client. WOODLAND, CALIFORNIA, USA 2.5 MWp 2016 TIENDAS SORIANA I, II SAN JOSE, MEXICO 4.4 MWp Hanwha Q CELLS installed 2.5 MWp of Q CELLS Q.PRO L-G2 310 Wp panels at six locations in the city of Woodland, California, USA. Hanwha Q CELLS constructed two ground-mounted solar power plants and four rooftop and carport solar installations to help the city reduce its carbon footprint. Under the off-take agreement, Hanwha Q CELLS will be the seller and the city of Woodland will be the energy off-taker. Hanwha Q CELLS USA and Tiendas Soriana S.A. de C.V., Mexico s second largest retail company, signed a 20-year PPA for 31 MW at 120 retail locations across Mexico. Hanwha Q CELLS is financing all 31 MW. In phase I, Hanwha Q CELLS installed 12,000 high efficiency Q CELLS Q.PRO-G3 250 Wp panels to provide 3.05 MW of combined generation capacity. In 2016 for phase 2, Hanwha Q CELLS installed 1.3 MWp of HSL 60 S 260 Wp panels

10 References OSPVF, ONTARIO, CANADA 42.5 MWp 2014 The OSPVF projects were successfully constructed during the harsh North Ontario winter. Hanwha collaborated with Canadian structural engineers to develop a unique pile system. Many other US EPC companies have abandoned Ontario, but buoyed by our success, Hanwha Q CELLS is now actively bidding projects in Ontario. Maywood INDIANAPOLIS, INDIANA, USA 10.9 MWp 2014 The Maywood Solar Farm project transformed an existing 43-acre Superfund site into an 11 MW solar renewable energy park. In coordination with the US EPA, Hanwha Q CELLS USA, site owner Vertellus Specialties Inc., and other project partners, completed the ground mounted solar array in June of GARNET, PALM SPRINGS, CALIFORNIA, USA 5.0 MWp 2014 Hanwha Q CELLS USA constructed a ground-mounted single-axis tracker system totaling 5 MW located in North Palm Springs, CA. The project interconnects to SCE's 33 kv distribution system and the energy is sold to SCE under a Power Purchase Agreement. KREP OAHU, HAWAII, USA 6.2 MWp 2013 With a capacity of 6.2 MW, the Kalaeloa Renewable Energy Park is the largest solar photovoltaic project in Oahu, Hawaii. The project generates approximately 9 million kilowatt hours (kwh) of electricity per year, enough to power 1,000 homes and supply approximately half a percent (0.5 %) of the generation capacity for the Island of Oahu

11 MOD:27898 photon.info/laboratory Q.PRO-G modules tested YIELD SECURITY ANTI PID TECHNOLOGY (APT) HOT-SPOT PROTECT (HSP) TRACEABLE QUALITY (TRA.Q ) ANTI LID TECHNOLOGY (ALT) Product Benefits Our Product Brand Product Portfolio The product brand of Hanwha Q CELLS is the renowned Q CELLS brand. Q CELLS solar modules meet the highest quality standards and deliver outstanding energy yields. The Q CELLS product brand markets a premium module portfolio including Q.POWER, Q.PRIME, Q.PLUS, and Q.PEAK. Our premium solar modules are engineered in Germany by industryleading technical experts. More than 485 scientists and engineers research, develop, and conduct tests in our four R&D centers and module test center. Altogether, more than 1,300 employees work in our R&D centers and in our manufacturing plants to innovate and improve the technology and quality that go into Q CELLS products. Therefore, it s no surprise that Q CELLS solar modules have set numerous world records for efficiency. In 2017, we were awarded the Intersolar award and the pv magazine award for our innovative Q CELLS solar module Q.PEAK RSF L-G4.2, a monocrystalline Q.ANTUM module with power ratings of up to 375 Wp. We have also been awarded the 2017 Top Brand PV Seal in Europe and Australia. This award represents our customers trust in our product quality and performance. The ideal solution for Q.PEAK DUO Q.PEAK Q.PLUS Private rooftop installations Commercial and industrial rooftop installations Solar power plants on the ground Key product benefits Engineered in Germany Q CELLS modules are engineered in Germany. At our headquarters for Technology and Innovation in Thalheim, Germany, we constantly explore new methods and technologies to maintain our leading global position. Q.ANTUM technology Q CELLS modules achieve higher yields per surface area, have lower BOS costs, reach higher power classes, and boast excellent efficiency rates. DUO technology Q CELLS new technology, combining cutting-edge advancements in cell separation technology and six busbar wire interconnection, delivers higher yields per surface area and guarantee an 85 % performance warranty after 25 years. Q.PRIME Q.POWER Q CELLS Yield Security The Q CELLS Yield Security of guaranteed resistance to Potential Induced Degradation (PID), hot spots, and product forgery are combined with our guaranteed resistance to Light Induced Degradation (LID). VDE Quality Tested Q CELLS modules, solar power plants, and EPC services have been certified by the strict Quality Tested Program of the VDE certification institute. Best polycrystalline solar module 2014 Quality Tested high reliability low degradation frequent product surveillance ID

12 WHy Your Best Choice We know that clients and investors alike expect long-term performance, the highest electricity production reliability and proper warranties backed by a financially sound company. In short, it needs to pay off. Hanwha Q CELLS is truly committed to PV and with a production capacity of 8 GW in solar cells and 8 GW in solar modules, we can deliver. Here are some key facts that make us the best choice for your investment in a solar power plant solution: Financial stability Hanwha Q CELLS is backed by the Hanwha Group, a FORTUNE Global 500 firm and the eighth largest business enterprise in South Korea. We have been in business for over 60 years with more than $150 billion in assets and over $35 billion in revenues. Top rating Hanwha Q CELLS has a Tier 1 Bloomberg rating. Production capacity We are the world s largest solar cell manufacturer and among the largest manufacturers of solar modules. High Tech We produce high performance solar cells using Q.ANTUM technology that make our solar modules produce the highest yields and perform with extremely reliability. Global manufacturing We have international production setups including facilities in China, Malaysia and South Korea. Our global business network spans across Europe, North America, Asia, South America, and the Middle East. Quality We offer a 12-year product warranty and a 25-year performance warranty on all of our solar modules. 1+ GW Track Record Hanwha Q CELLS and its predecessor company, Q Cells SE, have installed over 1 GW of solar power plants. 22