Hanwha Q Cells said on Aug. 20 that it maintained its lead in the first quarter of this year after taking the No. 1 share in the U.S. housing solar module market last year.
According to a recently released survey by global energy consulting firm Wood McKinsey, Hanwha Q Cells' share of the U.S. home solar power market rose 15.4 percentage points to 27 percent in the first quarter from a year earlier.
The U.S. has continued to grow in the solar energy market centering on the western region having long sunlight hours, and the demand for high-efficiency products for housing is also on the rise.
Starting next year, the California government will require new homes to install solar energy system, which is expected to grow faster in the housing solar energy market.
Hanwha Q Cells said it is strengthening its dominance in the market with high-efficiency modules with superior performance and quality, considering the characteristics of the U.S. solar energy market.
"The fact that we achieved the top market share in the U.S. housing solar energy market, which favors high-efficiency and high-quality products showed the brand power Hanwha Q Cells has," said Kim Hee-cheol, CEO of Hanwha Q Cells.
Meanwhile, Hanwha Q Cells also holds the largest market share in major solar energy markets, including Germany, Britain, Japan and South Korea. In Europe, it has also won the Top Brand PV, which is selected by evaluating its brand value, for the sixth consecutive year.