Hanwha Q CELLS USA is establishing a new commercial division to support what it expects to be a booming market in the US, after lagging behind both the utility-scale and residential solar markets.
The company said it would be providing a ‘one stop shop’ for commercial customers, including a dedicated analytics team to identify and evaluate potential customers.
“The commercial segment is poised for significant growth over the next few years,” said Moonhwan Cha, president of Hanwha Q CELLS USA. “Large commercial energy users are finding tremendous value in solar’s ability to lock in energy prices for decades, improving the bottom line and increasing operational reliability with onsite power. The high performance of Hanwha Q CELLS systems generates the greatest payback for your investment.”
A string of US household names have already been profiled in a just released SEIA/GTM Research report that highlighted the commercial leaders level of PV adoption, adoption rates are still at a very early stage of development.
Other than Hanwha Q CELLS well known module product quality and large-scale project expertise, the company is importantly recognising the need to support commercial enterprises with financing options, which are being backed by owner, the Hanwha Group, with US$30 billion in revenue and US$104 billion in assets.
The company expects to fully launch the comprehensive package in 2014, with new product designs specifically targeting the US commercial market.
Hanwha Q CELLS professionals will be available to discuss commercial solar solutions during Solar Power International at booth #1300.