With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales

Highlights :

  • Qn-Solar launched its global solar PV business in 2022 and soon expanded to Europe, Middle East, Asia-Pacific and other regions.
  • Based in Shanghai, China, it has six solar manufacturing bases in China.

 

With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales With More Global Expansion, Qn-SOLAR Achieves 4.5GW Global Sales

Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion and cater to diverse customer needs.

Qn-SOLAR started its operations in 2014. It launched its global solar PV business in 2022 and soon expanded its business globally in several countries with the supply. Based in Shanghai, China, it has six solar manufacturing bases in China. The company manufactures solar cells and solar modules. Not only this, the firm also has its EPC arms, which help install solar and even wind projects. In 2020, the firm’s EPC arm began cooperating with state-owned enterprises to build wind power plants in the country. 

Bolstered by the growth of renewable energy companies, solar PV makers have planned to diversify their portfolio in the days to come. 

“We are incredibly proud of our achievements thus far and have the utmost confidence in our team’s capabilities as we continue to drive Qn-SOLAR’s growth. In the future, our business will be divided into four key sectors: PV manufacturing and renewable energy power plant investments, energy storage investments, hydrogen energy, and green power supply. Moreover, we are committed to responding to the global call for zero carbon emissions and actively contributing to a sustainable future,” said Stephen Cai, Chairman and Co-founder of Qn-SOLAR.

Highlights of 2023

  • Sales Growth: With an estimated total sales volume exceeding 4.5GW, the firm witnessed notable success in key markets such as Germany, Spain, Italy, and Brazil.
  • Market Access: It also attained multiple certifications, including JP-AC granted by Japan Photovoltaic Energy Association (JPEA), The National Institute of Metrology, Standardization and Industrial Quality (INMETRO) recognized in Brazil market, The Colombian Technical Regulations for Electrical Installations (RETIE), China Quality Certification (CQC), European PV CYCLE that meets Waste from Electrical and Electronic Equipment (WEEE) standard, Italian FIRE CLASS 1 certification, and the UK’s Microgeneration Certification Scheme (MCS).
  • Localization Strategy: Qn-SOLAR succeeded by establishing dedicated local teams in multiple countries, consisting of business development, sales, after-sales, logistics, and other key roles.
  • Sustainable Development: Qn-SOLAR also ventured into energy storage and hydrogen energy with a strategic move in Northwest China. Specifically, Qn-SOLAR has formed impactful partnerships with industry-leading resources and technology experts to expedite the implementation of manufacturing facilities and achieve successful project deployments in PV hydrogen production and hydrogen power plants. These initiatives closely align with the core focus of “Boosting clean energy capacity” deliberated at COP28 this year.

Looking Ahead to 2024

The company has set its sights on a global sales target of 10GW in 2024. A key focus of their agenda is active participation in prominent industry exhibitions, the firm said in a media statement.

Qn-SOLAR also plans to showcase its offerings at renowned events such as Intersolar in Europe and Brazil, Solar Power International (SPI) in the United States, World Future Energy Summit (WFES) in Abu Dhabi, the PV Expo Tokyo in Japan, the ASEAN Sustainable Energy Week 2024 (ASEW) in Bangkok, Thailand, and Key Energy 2024 in Italy. 

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Tony Cheu

Tony is a BSc who has shifted from a career in finance to journalism recently. Passionate about the energy transition, he is particularly keen on the moves being made in the OECD countries to contribute to the energy transition.

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