Q CELLS keeps its lead in U.S. residential, commercial solar module market share

Q CELLS

Q CELLS retained its spot as the top U.S. residential and commercial solar module in terms of market share, according to the Q3 2020 U.S. PV Leaderboard report by Wood Mackenzie Power & Renewables.

/*** Advertisement ***/

Q CELLS captured 26.4% market share in the U.S. residential market for Q2 2020, a 6.4% increase from Q1 2020’s 20% market share. Q CELLS has maintained its No.1 position for eight consecutive quarters and its newly recorded market share nearly equaled the share of the next three competitors combined during Q2 2020. The Leaderboard report also ranks Q CELLS as the U.S. commercial market leader with a 13.3% market share.

What’s new at Q CELLS?

Q CELLS recently signed a strategic partnership with microinverter specialist Enphase to develop AC modules specifically for the U.S. distributed market segments. The Q.PEAK DUO BLK-G6+/AC, features an integrated Enphase IQ7+TM microinverter, while providing customers with a maximum DC output of 345 Wp and a 25-year product and performance warranty. It also offers long-term reliability with one of the lowest degradation rates in the industry, guaranteeing 85% of its initial performance after 25 years.

The product is assembled in the U.S. at Q CELLS’ manufacturing facility in Georgia, the largest single solar module manufacturing facility in the Western Hemisphere, capable of producing 1.7 GW of solar modules every year.

It is anticipated that this partnership with Enphase alongside Q CELLS’ pledge of providing U.S.-assembled products will help strengthen Q CELLS’ market leadership in the U.S. residential and commercial sectors.

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.