BayWa r.e. refutes claim made by Hanwha Q Cells

PERTH,Australia,March 26,2019 --Over recent weeks,it has been reported in the media that Hanwha Q Cells (Hanwha) has filed actions against module manufacturers and suppliers in multiple jurisdictions. According to media reports,Hanwha has also commenced proceedings against certain Australian suppliers,including BayWa r.e. Solar Systems Pty Ltd (BayWa r.e.).

"BayWa r.e.'s view is that the claim filed by Hanwha against BayWa r.e. is without technical and legal merit. BayWa r.e. fully respects intellectual property rights and takes any allegations to the contrary very seriously.

"BayWa r.e. will continue to investigate the allegations and co-operate with its supply chain partners to take all steps necessary to defend itself against the claim.

"As always,BayWa r.e. will continue to keep its customers and partners fully apprised of any developments. Day-to-day business is unaffected,and we continue to be committedto providing the very best customer service."

Durmus Yildiz,Managing Director of BayWa r.e. Solar Systems Pty Ltd

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