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Q-Cells

Industry:renewable energies ISIN:DE0005558662 Country:DE CRR:B+

Company Profile:
The core business of Q-Cells AG, founded in 1999, is the development, manufacture and marketing of monocrystalline and multicrystalline silicon-based solar cells. In order to further develop the technology and to diversify its activities, the company has entered into a joint venture with the US company Evergreen Solar and the Norwegian company Renewable Energy.



Strengths/weaknesses profile:
Strengths:
oekom research's rating system classifies this company as a Potential. A prerequisite for recognition as a Potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of renewable energies.
Weaknesses:
Since potentials are generally small and medium-sized companies, their management structures for social and environmental issues are often less well developed.

Reasons for inclusion in the Index:
Q-Cells is the world’s largest independent manufacturer of solar cells. Through its joint venture with two further suppliers, the company has established a sound basis for the further development of the business.