* Europe's largest PV provider supplies U.S. trade-compliant PV modules * High yield modules to be distributed throughout Rexel's and Gexpro's nationwide networks
Dallas, Texas & Irvine, California, December 2nd, 2014 – Rexel Holdings USA Corp., through its subsidiaries Rexel, Inc. (Rexel) and General Supply & Services, Inc. d/b/a Gexpro, a leader in the distribution of electrical supplies and services, and Hanwha Q CELLS, the largest European PV provider, today announced that Rexel and Gexpro will begin carrying Q CELLS solar modules effective immediately.
"We are thrilled to welcome the addition of Q CELLS state-of-the-art modules into our solar panel distribution portfolio," said John P. Gerber, Vice President, Rexel Inc. "Through this collaboration, we are looking forward to supplying our growing US customer base with high-quality, German-engineered solar panels from such a reputable and sustainable brand. Based on Hanwha Q CELLS guaranteed performance and compliance with US trade regulation, we are excited at the opportunities Hanwha Q CELLS opens to a broader US market."
Under the terms of the agreement, Hanwha Q CELLS will supply its solar modules, which are developed at its headquarters in Bitterfeld-Wolfen, Germany, to Rexel and Gexpro for resale to their nationwide networks of installers and distributors. Q CELLS modules feature unparalleled durability and performance, even under low-light conditions or in high temperatures, which earned the Q.PRO-G2 the title of best polycrystalline module in the 2013 PHOTON yield test. The companies will also collaborate to support Rexel's and Gexpro's installer networks with certified technical product training and sales and marketing support.
"The impressive footprint and strong experience of Rexel and Gexpro in the solar business are invaluable resources for any PV provider. This exciting collaboration is a stepping stone in expanding our presence in the US solar PV market, in which we see great potential," said Justin Lee, CCO of Hanwha Q CELLS. "With guaranteed high-yield modules and a recently expanded production capacity, we believe we are ideally suited to supply the US market."
About Rexel Group
Rexel, a global leader in the professional distribution of products and services for the energy world, addresses three main markets - industrial, commercial and residential. The Group supports customers around the globe, wherever they are, to create value and run their businesses better. With a network of some 2,300 branches in 38 countries, and c. 30,000 employees, Rexel recorded sales of Ä13 billion in 2013. Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, and STOXX600. Rexel is also part of several SRI indices including the DJSI Europe and the FTSE4Good Europe & Global. For more information, visit Rexel's web site at www.rexel.com.
About Hanwha Q CELLS
Hanwha Q CELLS is headquartered in Germany and largest European photovoltaics provider. Around the globe the Q CELLS brand is known for solar modules, system solutions and complete power plants in superior quality – "Engineered in Germany". Moreover the company offers long-term partnership and financial stability being part of Hanwha Group – a South Korean Top-Ten business enterprise and a "FORTUNE Global 500" company. At its headquarters in Thalheim (Germany) Hanwha Q CELLS has a unique setup of R&D, production and quality management, enabling the company to develop leading quality products as well as manufacturing innovations and quickly transfer them into mass production. Q CELLS` products are manufactured according to strict quality standards; mainly in the company's production plants in Germany and Malaysia as well as in cooperation with partners in Europe and Asia. Customers of Hanwha Q CELLS can purchase Q CELLS' products via the company's international sales network with branches in Germany (HQ), Malaysia, Japan, USA, Korea, France, Turkey, Chile and Australia. Thanks to its truly international setup, high quality products and the financial stability, Hanwha Q CELLS is THE reliable partner for PV customers around the globe. For more information, visit: www.q-cells.com.
About Hanwha Group
Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a "FORTUNE Global 500" company. Hanwha Group has 51 domestic affiliates and 113 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 60 years track record of industrial leadership, Hanwha's manufacturing and construction businesses encompass a broad range of fields from basic chemicals and advanced materials to property development and total solar energy solutions. The finance network, covering banking, insurance, asset management and securities, is the second largest non-bank finance group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. For more information, visit: www.hanwha.com.
Rexel Energy Solutions
Tyson R. Berg
Solar Sales Manager
Phone: 1-855-REX-SOLAR (739-76527)
Hanwha Q CELLS
+1 949-748-5996 x122