SHANGHAI, Jan. 5, 2015 /PRNewswire/ -- 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.
Safe-Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Among other things, the quotations from management in this press
release and the Company's operations and business outlook, contain
forward-looking statements. Such statements involve certain risks
and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Further
information regarding these and other risks is included
in Hanwha SolarOne's filings with the U.S.
Securities and Exchange Commission, including its annual report on
Form 20-F. Except as required by law, the Company does not
undertake any obligation to update any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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SOURCE Hanwha SolarOne Co., Ltd.