October 25, 2024
Industrials
Hanwha Q Cells tops UK’s solar module market in 2018
Hanwha Q Cells said on May 23 it topped Britain’s solar module market in 2018 for the second straight year.
Its market share in the sector stood at 13.6 percent last year, up 3.8 percentage points from 2017, the company said, citing industry data compiled by market tracker EuPD Research.
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The solar power unit of Hanwha Group was followed by China’s JA Solar with 13.1 percent and Japan’s Sharp Solar with 10.1 percent.
Hanwha Q Cells has been accelerating its overseas push, in particular, in European countries. Last October, it won a deal to supply cell modules for London’s residential solar project.
It was also the No. 1 player in Germany’s solar module market in 2018, with a market share of 11.5 percent, according to the EuPD data.
By Ram Garikipati and newswires (ram@heraldcorp.com)
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