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Hanwha SolarOne Completes 20 MW Module Supply Agreement with Haike Engineering Holding Co., Ltd.

Hanwha SolarOne Co. Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced it has completed the delivery of 20 MW of Hanwha SolarOne's high quality E-star HSL72 modules to Haike Engineering Holding Co., Ltd. Deliveries were made throughout November to a ground-mounted project in Dunhuang, Gansu Province, China.

Mr. Jay SEO, Chief Financial Officer of Hanwha SolarOne, commented, "We are pleased that Haike Engineering chose to work with Hanwha SolarOne, in recognition of our quality and reliability. This latest delivery in China builds on the Company's renewed momentum in the China market in the second half of 2014. A growing customer base and depth was demonstrated in the third quarter, when shipments to the China market represented approximately 30% of total shipments and over a 400% increase from the prior quarter. The fourth quarter will also be characterized by a strong showing in the China market for us as we look to expand our presence in the largest solar market in the world."

www.hanwha-solarone.com

 

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