Hanwha SolarOne Completes 60 MWp Delivery
to vogt solar in U.K
Leading developer behind four new solar parks featuring high-quality
HSL 60 Poly modules
[Ismaning, Germany, 28 May, 2014] Hanwha SolarOne Co. Ltd. (the “Company,” or “Hanwha SolarOne”) (Nasdaq: HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced that four solar farms with a total of 60 MWp of Hanwha SolarOne’s high performance HSL 60 PV modules were completed by vogt solar ltd., a fully-owned subsidiary of ib vogt GmbH, in March 2014. The projects are located in the southern parts of the United Kingdom.
Spanning U.K. regions Devon, Kent, Manningtree and Hampshire, the solar farms have a total expected annual output of 60.5 MWh – enough to power more than 18,000 British homes.
ib vogt GmbH is specialized in the development, financing, turnkey realization, operation
and asset management of large scale solar power plants.
“The implementation of several parks within a limited time frame and partly in parallel requires a high level of experience, tight planning and streamlined processes,” said Carl von Braun, Managing Director and CFO of ib vogt GmbH. “These projects represent the largest PV parks we have realized in U.K to date. With high quality products and reliable deliveries, Hanwha SolarOne strongly contributed to their successful and timely completion.”
In total, more than 230,000 high-quality HSL 60 Poly solar modules were supplied to the four projects,
of which the first batch was delivered in December 2013.
“A long-time partner of vogt solar, we are proud to work with this solar farm pioneer once again to complete these impactful solar projects,” said Maengyoon Kim, Managing Director of Hanwha SolarOne GmbH. "With the four solar farms connected to the grid, our durable HSL 60 modules will generate clean, reliable solar energy in the U.K for many years to come.”
HSL-60 modules, characterized by excellent performance and extended durability, are backed
by a 12 year workmanship warranty and a 25 year linear performance warranty.
For more information:
- Lena Berg
- PR Manager Hanwha SolarOne
- Tel: +49 (0)89 / 2175 667 393
- Email: firstname.lastname@example.org
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, visit: investors.hanwha-solarone.com
Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea
and a “FORTUNE Global 500” company. Hanwha Group has 56 domestic affiliates and 226 global networks in three major sectors: manufacturing and construction, finance, and services and leisure.
With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from chemicals & materials, aerospace & mechatronics, total solar energy solutions, and global construction. The finance network, covering insurance, asset management and securities, is the second largest non-bank financial group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses.
For more information, visit: www.hanwha.com
Since 2009, ib vogt has focussed on large scale solar power plants. The company’s activities cover project development, financing, engineering, procurement and construction (EPC), operations and maintenance (O&M) and asset management of solar power plants. As an experienced and fully integrated photovoltaic specialist, ib vogt offers turnkey solutions for end investors. To date ib vogt has realised plants with a total rated output of around 200 MWp. All projects have been commissioned on time, quality and budget. ib vogt and its affiliated companies are also invested in solar power plants with a total rated output of approximately 80 MWp. The company operates from premises in Germany, United Kingdom, Eastern Europe, India and South East Asia.
For more information, visit: www.vogt-solar.com/en
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.
Hanwha SolarOne has not independently verified any information in "About ib vogt", or any other information regarding the projects, business, or market position of ib vogt. Hanwha SolarOne makes no representations regarding the accuracy or completeness of any such information.