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Capital to be used for expanding production capacity and pushing global business with power plant solutions and services
December 5, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Effective as of Nov. 27, 2013, Hanwha Q CELLS GmbH has increased its capital by US $188,505,000 (€138.5 million). The capital was contributed in cash by Hanwha Chemical, the mother company of Hanwha Q CELLS. Thus thephotovoltaics specialist consolidates its position as financially stable and reliable partner for PV customers and project partners around the globe. “The capital increase will further strengthen our balance sheet as well as the bankability of our high quality and low LCOE photovo...
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