Hanwha Q CELLS announced a new solar module supply agreement with Sunrun, a 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 tax-free 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.

Mr. Paul Winnowski, chief operating officer of Sunrun, said, "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. 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."