Hanwha SolarOne PV Module Achieves Rating "Good" in Stringent PV+ Test 2.0
Independent, extensive quality testing by TÜV Rheinland and Solarpraxis AG verifies the high durability of the HSL 60 Poly module
[Ismaning, 28 January, 2014] Hanwha SolarOne, a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced that its polycrystalline module HSL 60P6-PB-1-245 ("HSL 60 Poly") has obtained the rating "Good" in the stringent PV+ Test 2.0. German safety standard authority TÜV Rheinland, along with Solarpraxis AG, publisher of pv magazine, administered the rigorous test. Among numerous positive readings, the module passed the stringent aging test, the PID test and a thorough examination of its performance parameters.
The PV+ Test 2.0 aims to provide consumers with detailed product information and comprehensive product analyses, based not only on performance criteria, but also durability, electrical safety, workmanship, quality of documentation provided, warranty terms and ease of installation. The modules are purchased independently on the market to avoid manipulation of the results.
The PV+ Test 2.0 scrutinizes aging behavior under even more stringent conditions than its predecessor, the PV+ Test. The HSL 60 Poly was among the first few to pass the test under the new criteria to date.
"Hanwha SolarOne considers quality its number one priority. The very positive outcome of the highly reputable PV+ Test 2.0 verifies the results of our efforts," said Winfried Wahl, Senior Director Products and Marketing at Hanwha SolarOne GmbH. "At Hanwha SolarOne, product development is a continuous process. The modules tested were manufactured in early 2013 and we have already developed a number of additional product improvements. For example, we recently launched an advanced cell technology for enhanced product efficiency. We will aim to continue to improve our product technology to further support our customers’ success."
More information about the test and the test results are available in the January edition of pv magazine global edition.
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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 61 domestic affiliates and 325 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 65 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
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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