In mid-July, Hanwha Qcells acquired 66 per cent of the Hanover-based company Lynqtech. Qcells thus becomes the main shareholder of the company, which was founded in 2020 and is a subsidiary of Enercity AG. Through the investment, Qcells aims to strengthen its focus as a full-service provider to the solar industry, through digital solutions for solar energy, electric mobility and smart technologies.
Modular cloud platform
Lynqtech's modular cloud platform helps to optimise the sales of energy providers. The processes are digitalised and networked end-to-end: from signing the contract to customer care to billing for the outputs purchased by the end customer. At the same time, the costs for acquisition, service and ongoing operations are reduced.
See also: Former power plant division of Qcells goes independent as Q Energy
In the future, Qcells will handle its energy trading business via Lynqtech and drive the digitalisation of its existing customer business. The scalable flexibility of the platform enables the efficient servicing of customers and opens up new business models.
Lynqtech will remain as an independent company. The current managing director Mandy Schwerendt will continue in her role. All employees will remain on board. (HS/mfo)
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