Qcells Named an S&P Global “2025 Tier 1 Cleantech Company”

Qcells, a division of Hanwha Solutions, has been named to S&P Global’s “2025 Tier 1 Cleantech Companies” list, a recognition that underscores the company’s world-class solar manufacturing capabilities and growing influence in the global clean energy market.

S&P Global Commodity Insights, a leading energy market analysis provider, introduced the evaluation for the first time this year to enhance industry transparency and reliability for renewable energy customers. The assessment covers solar, wind and energy storage system (ESS) manufacturers worldwide, based on six criteria: market presence, market share, company scale, global diversification, financial indicators and sustainability. Companies meeting or exceeding the standards were selected, with 14 solar module makers, including Qcells, earning Tier 1 status in 2025.

Qcells achieved especially high scores in market presence, reflecting its strong brand power and customer recognition. The company has consistently won prestigious global awards such as “EUPD Top Brand” and “PVEL Top Performer” across major renewable energy markets in the U.S. and Europe, demonstrating high customer satisfaction. This brand strength has translated into strong U.S. market performance: according to research firm Wood Mackenzie, Qcells has ranked No. 1 in both residential and commercial solar panel market share in the U.S. for seven and six consecutive years, respectively, through 2024.

The company was also commended for its global manufacturing footprint. Qcells operates production facilities in the U.S., Korea and Malaysia.  By early 2026[MS1] , its Cartersville plant in Georgia—featuring integrated ingot, wafer, cell and finished module production—will be completed, making Qcells the only company with a fully integrated silicon-based solar value chain in the United States[AB2] [MS3] . In addition, the company received strong evaluations for its financial performance and sustainability practices.

“It is an honor to be recognized for both our clean technology expertise and our growing impact on the global market,” said Scott Moskowitz, Vice President of Industry Affairs for Qcells. “We will continue to expand our role in the global clean energy transition through ongoing R&D and business diversification.”

Beyond solar cell and module production, Qcells is evolving into a comprehensive renewable energy solutions provider, supporting the entire energy lifecycle from power generation and infrastructure to energy storage and consumption to end-of-life/recycling.

Qcells | https://us.qcells.com/