1366 Technologies and Hanwha Q CELLS this week announced that they have entered into a long-term strategic partnership to jointly advance the efficiency and quality of solar cells while dramatically reducing their costs. The two companies will collaborate on the development of 1366’s proprietary Direct Wafer™ Technology with the intent to commercialize and use Direct Wafers™ in Hanwha Q CELLS’ world-renowned solar cells.
Upon successful commercialization of the Direct Wafer™ Technology, the companies expect to expand the partnership. Among others, the potential options include the supply of Direct Wafers™ from 1366’s manufacturing facilities to Hanwha Q CELLS.
Seong-woo Nam, CEO, Hanwha Q CELLS had this to say about the deal:
Our mission at Hanwha Q CELLS is to be at the forefront of photovoltaic technology and to rapidly translate innovation into mass production. 1366’s Direct Wafer™ Technology is innovation at its best. We strongly believe in its potential to be commercialized in order to deliver significant cost reductions and quality improvements at the same time.
“It is a powerful endorsement of our technology that Hanwha Q CELLS has recognized the high potential of our technology to advance cell performance and drive down the cost of photovoltaics,” said Frank van Mierlo, CEO, 1366 Technologies.
Hanwha Q CELLS is recognized globally for its commitment to innovation and quality, setting many technical standards for the industry. We couldn’t be more proud to combine our resources with a company that’s long stood at the center of the global solar revolution. It’s an ideal fit.
Gordon's expertise in the area of industrial energy efficiency and alternative energy. He is an experienced electrical engineer with a Masters degree in Alternative Energy technology. He is the co-founder of several renewable energy media sites including Solar Thermal Magazine.