Company Brings Best-of-World Technologies, Processes and Partnerships to Deliver Utility-grade Solar Power Solutions to North American Markets
Q-Cells SE, a global leader in designing, building and managing financially sustainable solar power generation systems, opens its doors to the North American market. The company, headquartered in Germany with approximately 2,500 employees in offices throughout Europe and Asia, has officially opened its doors and operations in San Francisco's SOMA district. Q-Cells North America will be led by Marc van Gerven, Q-Cells North America CEO, who sees California, with more than 50 percent of the solar power market in the U.S., as the perfect state to make its debut.
"Q-Cells North America is in the business of giving its customers return on their investments in solar energy by designing, building and managing financially sustainable solar power generation systems for the unique demands of North American solar power markets," said van Gerven. "It is no surprise that we chose the Bay Area as our strategic base of operation. Here, there is a solid existing network of renewable energy leaders for us to pull from and partner with, which ensures rapid growth for Q-Cells and contributes to overall economic progression."
The announcement demonstrates the Bay Area's continued momentum in the clean energy sector. According to a January 2010 report from Next 10, a nonpartisan think tank, the Bay Area has the nation's largest concentration of cleantech jobs, with more than 7,000 jobs in the renewable energy space alone.
The Mayor's office welcomes the immediate and long-term benefits Q-Cells brings to San Francisco.
"Internationally, Q-Cells has stood out as a proven leader in the solar power plants market, and their decision to expand their presence to North America by way of San Francisco is uplifting," said Mayor Gavin Newsom. "It will create jobs, helping to grow our local economy and further confirm the Bay Area as a world-class hub for renewable energy innovation."
Q-Cells North America brings more than a decade of experience delivering financially sustainable solar solutions, services and best-of-world partnerships in the European market. Now, customers seeking to minimize uncertainty and risk while optimizing their overall return on investment in solar energy can turn to Q-Cells for solar power production solutions everywhere in North America from Southern California to Ontario, Canada.
For more information about Q-Cells North America, please visit www.q-cells.com.
About Q-Cells SE
The Q-Cells Group is one of the world's leading photovoltaic companies. Its extensive product portfolio ranges from solar cells and modules right up to complete photovoltaic systems. Q-Cells develops and manufactures its products at its Group headquarters in Bitterfeld-Wolfen, Germany and markets these via a global distribution network. A second production facility is located in Malaysia. At Q-Cells, over 200 scientists and engineers are working on rapidly enhancing the technology in order to achieve the company's aim: reducing the costs of photovoltaics quickly and permanently, and making the technology competitive. The close intermeshing of research, development and production allows Q-Cells to put innovations into mass production in the quickest possible time and thus to assume a top technological position in the photovoltaic industry. Q-Cells SE is listed on the Frankfurt Stock Exchange (QCE, ISIN DE0005558662) and in the German technology index TecDAX. Visit the Company's website at www.q-cells.com.
About Q-Cells North America
Q-Cells North America, part of Q-Cells SE, designs, builds and manages financially sustainable solar power generation systems for North American markets. Built on Q-Cells decade-long global leadership in photovoltaics, the North American headquarters brings a best-of-world ecosystem of technology, processes and partnerships to deliver utility-grade solar power plants and solar solutions to local markets embracing the highest environmental standards. Based on customer needs, Q-Cells North America helps create the optimal solar value chain all the way from core technology through project development, financing, design, construction, operations and maintenance. This focus on the entire value chain helps customers who are seeking to minimize uncertainty and risk achieve a higher and sustainable return on their investment in solar energy.
Q-Cells SE
OT Thalheim, Sonnenallee 17 – 21,
06766
Bitterfeld-Wolfen, Germany
www.q-cells.com
Q-Cells North America
95 Federal Street
San Francisco,
CA 94107
www.q-cells.com
Contacts:
Q-Cells SE
Corporate Communications:
Ina von
Spies, +49 (0)3494 - 6699 10121
Cell: +49 (0)173 517 3213
presse@q-cells.com
or
Edelman
on behalf of Q-Cells North America
Monica Walsh, 650-219-3220
monica.walsh@edelman.com
or
Investor
Relations:
Stefan Lissner, +49 (0)3494 - 6699 10101
investor@q-cells.com
