Jan 6 2015
Hanwha SolarOne Co., Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, announced it has signed a deal with a leading photovoltaic (PV) developer for the supply of 80 megawatts (MW) of solar PV modules to a project in the Antofagasta Region, Chile.
The solar installations will be powered by Hanwha SolarOne's new polycrystalline module generation, the HSL S Series.
"Hanwha Solar is strongly expanding into emerging PV markets," said Maengyoon Kim, managing director of Hanwha SolarOne GmbH. "With its financial stability and high-quality products, our company has proven a reliable partner for investors and project planners worldwide."
The delivery, totalling 258,000 HSL 72 S Poly modules, will begin late in the first quarter 2015 and is scheduled to be completed in the second quarter. The generated power will be sold under a power purchase agreement (PPA).
Hanwha SolarOne's new S Series modules feature a four busbar design, yielding more efficient energy production and industry leading weak light and high temperature performance.
All Hanwha SolarOne modules are backed by a 25-year linear power warranty and 12-year workmanship warranty.
About Hanwha SolarOne
Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is one of the top 10 photovoltaic module manufacturers in the world, providing cost-competitive, high quality PV modules. It is a flagship company of Hanwha Group, one of the largest business enterprises in South Korea. Hanwha SolarOne serves the utility, commercial, government and residential markets through a growing network of third-party distributors, OEM manufacturers and system integrators. The company maintains a strong presence worldwide, with a global business network spanning Europe, North America, Asia, South America, Africa and the Middle East. As a responsible company committed to sustainability, Hanwha SolarOne is an active member of the PV Cycle take-back and recycling program. On December 8, 2014 the Company announced the acquisition of Hanwha Q CELLS in an all-stock transaction, which is expected to close during the first quarter of 2015 (see filings with the SEC for full disclosure). For more information, please visit: http://investors.hanwha-solarone.com.
Source: http://www.hanwha-solarone.com/