According to the Q1 2020 U.S. PV Leaderboard by leading energy research and consultancy firm, Wood Mackenzie Power & Renewables, Q CELLS emerged as not only the No.1 market leader in the residential solar module segment, but also No.1 in the commercial segment.
This is the first time in Q CELLS’ history of earning the top position across both categories in the same year, as well as its first year of ever securing the top spot for the commercial market. The company’s market share in the residential sector has doubled to 25.2% from 14.1% in 2018, which is the industry’s first in history. Its market share in the market for commercial purposes was held at 13.3% with 23.019% based on Q4, which is the industry’s highest on the quarterly basis.
We credit the unwavering support of our partners who help make achievements like this possible and look forward to continuing to serve the American market and leading the industry with innovative and top-quality energy solutions.
Reporter | Adam Bestrom
Affiliation | Assistant Manager, Marketing / Q CELLS North America