Hanwha SolarOne Teams Up with Assoimprese in Italy

The “Associazione Industriali Piccole e Medie Imprese Nazionali” now offers PV modules produced by Hanwha SolarOne to its members. To start off Hanwha SolarOne delivers PV modules totaling 47 Megawatt to Assoimprese.

Hanwha SolarOne, a global provider of photovoltaic (PV) modules and a flagship company of the top-10 Korean business enterprise Hanwha Group, proudly announces its cooperation with the Italian association Assoimprese (Associazione Industriali Piccole e Medie Imprese Nazionali). Assoimprese offers industry know-how, technology and expertise to 600,000 small and medium-sized businesses from various industry branches. The association is now expanding its portfolio to include PV modules and designated Hanwha SolarOne as the preferred supplier. The modules will be available at special rates for all Italian installers who are part of the network.

Assoimprese has signed a two-year contract with Hanwha SolarOne which is expected to be extended in the future. As a first step Assoimprese has purchased poly-crystalline Hanwha SolarOne modules with a total volume of 47 Megawatt for 2012. The installers who are members of Assoimprese can now profit from the association’s expertise as well as special rates and buy the preselected modules from the association directly instead of purchasing through a distributor.

The President of Assoimprese, Giovanni Mondelli, is very pleased with the partnership: “Due to our cooperation with Hanwha SolarOne we can now offer attractive price conditions for all solar installers that belong to the Assoimprese network. The partnership with the global solar provider is part of our overall strategy to create synergies with a variety of business sectors in order to further improve our service range and quality.”

Hanwha SolarOne is strongly committed to the Italian market and has just opened a new office in Milan city center where it is currently ramping up its Italian operation through an aggressive nationwide hiring plan across sales, marketing, finance services, logistics and more. In addition Hanwha Solar is raising its brand awareness as official solar energy supplier of Juventus football club which just won Serie A, Italian professional football league this year. The cooperation agreement with Assoimprese is a further demonstration of Hanwha SolarOne’s long-term commitment to the Italian PV market.

Andreas Liebheit, Vice President and Managing Director of Hanwha SolarOne, states that the partnership with Assoimprese “represents a unique constellation that we are excited to be a part of. For us the cooperation results in wider access to the Italian market in residential as well as commercial segments.” Liebheit further emphasizes: “By picking Hanwha SolarOne modules for its members Assoimprese demonstrates strong trust in our products and we are looking forward to displaying our quality in new projects throughout Italy in the years to come.”

For more information:

Hanwha Presseservice: A&R GmbH; Landshuter Allee 10; D-80637 München; Tel: +49 (0)89 / 413 01 753; Email: HanwhaGermany@arpartners.com

Lena Berg: PR-Manager EMEA Hanwha Solar; Tel: +49 89 2175 667 393; Email: lena.berg@hanwha-solarone.de

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, visit: www.qcells.com/us/

Hanwha Group

Founded in 1952, Hanwha has grown quickly by anticipating and responding to changing business environments with a balanced business portfolio that includes energy & materials, aerospace, finance and retail & services. Our expertise and synergy in key areas have catapulted us into the seventh-largest business in South Korea and a Fortune Global 500 company. Hanwha continues to grow rapidly as we strive to pursue global leadership in all of our businesses. We are building a robust foundation for sustainable development and a brighter future for everyone.

For more information, visit: www.hanwha.com

Assoimprese