Hanwha SolarOne Signs Strategic Partnership MOU with Jiangsu Zhongtian Technology to Develop Downstream Opportunities in China

    Hanwha SolarOne Signs Strategic Partnership MOU with Jiangsu Zhongtian
   Technology to Develop Downstream Opportunities in China including 150 MW
                                Module Supply

PR Newswire

SHANGHAI, Dec. 4, 2013

SHANGHAI, Dec. 4, 2013 /PRNewswire/ --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
it has signed a memorandum of understanding ("MOU") with Jiangsu Zhongtian
Technology Co., Ltd ("ZTT") stating their intention to establish a long-term
strategic partnership to cooperate in the PV downstream business. The two
companies aim to cooperate in the development, construction, financing and
grid-connection of PV projects. ZTT intends to use PV modules manufactured by
Hanwha SolarOne in its permitted 150 MW distributed energy project in Nantong,
Jiangsu Province, China. The two companies intend to enter into a definitive
strategic cooperation agreement within 90 days following signing of this MOU.


Mr. Jay SEO, Chief Financial Officer of Hanwha SolarOne and head of Hanwha
SolarOne's downstream business commented, "The MOU with ZTT is a significant
step in accelerating our downstream activities in China. The contemplated
cooperation on ZTT's 150 MW distributed generation project in Nantong, as part
of the Government's initial National Level Demonstration Plot, will be a
strong start to the relationship between our two companies, and we are
confident that further synergies will result in additional business
opportunities for both companies." Mr. Seo concluded, "We aim to build up our
track record and project profile in EPC to include IPP development and
ownership. We will actively participate in China's aggressive program to
develop renewable energy."

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 Jiangsu Zhongtian Technology Co., Ltd (ZTT)

ZTT, a Shanghai Stock Exchange listed company, was registered in 1992 and
began operations in the field of optical fiber communication, playing a
meaningful role in the development of China's high-speed telecommunications
network and power grid. ZTT is now cultivating its third main business new
energy, providing customers with a full range of green energy solutions
including product design, equipment manufacturing, technical support and
project services. ZTT's new energy profile includes distributed power station
and micro grid development, PV back sheet, large capacity cylindrical
lithium-ion batteries and energy storage, and low-energy prefabricated
residences.

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.

SOURCE Hanwha SolarOne Co., Ltd.

Website: http://www.hanwha-solarone.com
Contact: Paul Combs, V.P. of Investor Relations, +86-21-3852-1533 /
+86-138-1612-2768, paul.combs@hanwha-solarone.com