Qcells maintains No. 1 position in both U.S. residential & commercial solar market segments


The most recent US PV Leaderboard Report issued by Wooden Mackenzie Energy & Renewables reinforces Qcells as a best choice for photo voltaic panels. With Q1 2023 outcomes accessible, Qcells continues to carry these No.1 market share positions, whereas providing widespread turnkey options for the residential, industrial, and utility sectors.

[San Francisco, CA, July 3, 2023] Qcells, a dominant supplier of full vitality options, continues to guide the photo voltaic business within the US residential and industrial markets, based on a current report issued by Wooden Mackenzie, a primary vitality analysis and consultancy agency.

In accordance with Wooden Mackenzie’s US PV Leaderboard Report for Q2 2023 (the “Leaderboard Report”), Qcells captured a 35 % market share within the US residential photo voltaic module marketplace for Q1 2023, marking 15 consecutive which quarter occupying No.1. Greater than a 3rd of US households putting in photo voltaic in Q1 2023 used Qcells panels, which means the corporate set a brand new document for the best market share by a person provider. previously ten years.

The Leaderboard Report additionally ranks Qcells because the chief within the US industrial market with a 35.3 % market share for Q1 2023. Qcells has held this No.1 place within the industrial section for greater than 4 years.

Qcells is ready to proceed its main efficiency within the US market by making a major funding of over $2.5 billion to construct a complete home photo voltaic provide chain. The current announcement marks the biggest funding in American photo voltaic historical past and units Qcells as the one US firm to construct a totally built-in, silicon-based photo voltaic provide chain from uncooked materials as much as the completed panel.

Together with its capability growth plans, Qcells has achieved vital milestones within the improvement of turnkey vitality options for the residential, industrial, and utility sectors, demonstrating its dedication to serve the various wants of shoppers in three components.

Qcells maintains the Digital Product Environmental Evaluation Instrument (EPEAT) ecolabel for a few of our photo voltaic panels. EPEAT is a globally acknowledged, voluntary label that helps patrons establish low-carbon photo voltaic panels and inverters. Such ecolabels enable clients to confidently affiliate with photo voltaic producers like Qcells, who’re dedicated to being a pacesetter in sustainability and decreasing the photo voltaic business’s local weather footprint.

Qcells CEO Justin Lee stated: “Qcells stands by the standard of its merchandise and is proud that our clients agree that we’re a dependable alternative for photo voltaic. it’s straightforward for them to benefit from clear expertise of vitality that’s low cost, dependable, and sustainable.”

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About Qcells
Qcells is without doubt one of the world’s main clear vitality corporations, acknowledged for its established popularity as a producer of excessive efficiency, top quality photo voltaic cells and modules, portfolio of clever storage methods, and a rising worldwide pipeline of main renewable vitality initiatives. Qcells additionally offers renewable electrical energy retail companies and packages to finish clients around the globe. The corporate is positioned in Seoul, South Korea (International Govt HQ) with varied worldwide manufacturing services within the US, Malaysia, China, and South Korea. Qcells presents Completely Clear Vitality by a full spectrum of photovoltaic merchandise, storage options, renewable electrical contracting and enormous solar energy crops. Via a rising international enterprise community spanning North America, Europe, Asia, South America, Africa and the Center East, Qcells offers glorious service and long-term partnerships with its clients within the utility markets. , industrial, authorities and residential. For extra data, go to: https://qcells.com/us/



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