In one swift move, Korean business conglomerate Hanwha Group has officially positioned itself as the third largest solar manufacturer in the world. With the purchase of bankrupt solar cell manufacturer Q.CELLS, the newly launched entity – appropriately named Hanwha Q.CELLS – now claims ownership of a total of 2.3 gigawatts of manufacturing capacity across Germany, Malaysia and China. That multinational position also puts Hanwha in the unique position of being able to deliver supply to any region in the world without concern over trade sanctions.