SHANGHAI, Dec. 4, 2014 /PRNewswire/ -- 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 been awarded a module supply
contract to provide Hong Solar Co., Ltd. a total of 20 MW of Hanwha
SolarOne's high quality E-star modules. Shipments began in November
and are on schedule to be completed by December 2014 to the utility-scale project
located in Baotou, Inner Mongolia.
"As a tier 1 solar manufacturer, Hanwha SolarOne continues to
provide customers like Hong Solar,
highly efficient, dependable modules," said Mr. Jay SEO, Chief
Financial Officer of Hanwha SolarOne. "We are pleased that our
recent concentration on branding and marketing in China is paying off as our sales momentum
grows in the country. We hope 2015 will be a defining year for the
company, especially in China as we
look to further gain market share," concluded Mr. Seo.
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. For more
information, please visit: www.hanwha-solarone.com.
About Hong Solar Co., Ltd.
Hong Solar Co., Ltd is a professional investment company which
focuses on renewable power project development, financing,
technology research and development, engineering and systems
integration, construction and operational management.
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.