Hanwha Q CELLS to Provide 50MW of Solar Modules to Sunrun

Hanwha Q CELLS Co. Ltd. ("Hanwha Q CELLS") today announced a new solar module supply agreement with Sunrun, the largest dedicated residential solar company in the U.S. Through the partnership, a subsidiary of Hanwha Q CELLS will provide Sunrun with 50 MW of solar modules beginning this year. The cells and modules will be manufactured from Hanwha Q CELLS' fully automated and efficient diversified global manufacturing facilities, including production in South Korea starting in 2016.

"Sunrun is pleased to partner with Hanwha to give U.S. consumers the choice to power their homes with clean solar energy," said Mr. Paul Winnowski, chief operating officer of Sunrun. "We selected Hanwha as a trusted partner because of their high quality modules and service, which will continue to advance Sunrun's mission of making solar more accessible and affordable for homeowners."

Mr. Justin Lee, President of Hanwha Q CELLS America said, "Our modules possess the quality and high-efficiency characteristics that Sunrun requires for its customers," Mr. Lee also added, "This contract, combined with other previously announced supply agreements, has further strengthened our position as one of the leading suppliers of solar modules to the U.S. market."

"This supply agreement follows Hanwha Q CELLS' recent successful combination with Hanwha SolarOne Co., Ltd. to form a global leader in solar power and further validates the financial stability, advanced technology, and manufacturing leadership of the new company", Mr. Lee concluded.

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