Hanwha SolarOne Signs 20 MW Module Supply Contract in China

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.

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