Flexible Electronics News

Hanwha SolarOne, Q CELLS Announce Merger

Combined business will be the largest manufacturer of solar cells with capacity of 3.28 gigawatts

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Hanwha SolarOne Co., Ltd., Hanwha Solar Holdings Co., Ltd. (HSH) and Hanwha Q CELLS Investment Co., Ltd. announced a definitive share purchase agreement to create a new global leader in solar power. The combined business will be the largest manufacturer of solar cells with capacity of 3.28 gigawatts, and will have a broader international footprint covering the largest and fastest-growing solar markets in the world. Under the terms of the agreement, SolarOne will acquire 100% of the outstandin...

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