Hanwha SolarOne Completes Two Module Supply Contracts Totaling 50 MW with China Huaneng Group

  Hanwha SolarOne Completes Two Module Supply Contracts Totaling 50 MW with
                             China Huaneng Group

PR Newswire

SHANGHAI, Dec. 10, 2013

SHANGHAI, Dec. 10, 2013 /PRNewswire/ --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 supplied
modules for two projects with an aggregate capacity of 50 MW to one of China's
largest state-owned power companies, China Huaneng Group. The modules were
delivered to two separate utility-scale installations: (i) an approximately 30
MW in Qingtongxia, a city in the Ningxia Hui Autonomous Region (NHAR) and (ii)
a 20 MW project in Wuchuan, Inner Mongolia Autonomous Region.

Mr. Jay SEO, Chief Financial Officer of Hanwha SolarOne and head of Hanwha
SolarOne's downstream business commented, "We are pleased to have established
our relationship with China Huaneng Group, one of China's largest state-owned
power companies and look forward to a growing relationship on other projects
in the future."Mr. SEO added, "China is driving the development of PV solar
projects throughout the country with new incentives and we are pleased to play
a meaningful role in the country's efforts to expand solar power." Mr. SEO
concluded by noting "the company has growing momentum in the China market
including module supply, EPC projects, a new strategic partnership with
Jiangsu Zhongtian, and intends to participate in projects as an IPP in the
future."

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 China Huaneng Group

China Huaneng Group is a key state-owned company established with the approval
of the State Council. China Huaneng Group was established in 1985, currently
has registered capital of 20 billion Yuan, and plays a meaningful role in
satisfying the growing power demands required for economic and social
development in China. With over 130 GW of installed capacity in 30 provinces
(municipalities and autonomous regions) China Huaneng Group was the first
Chinese power producer to be included in the Global Fortune 500 ranking. China
Huaneng Group has an active effort in renewable energy development and is a
Green company advocating technology advancement and environmental protection.

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.

For further information, please contact:

Investor Contact:

Paul Combs
V.P. of Investor Relations
6^th Floor, Yongda International Tower
2277 Longyang Road, Shanghai, PRC 201204
P. R. China
Tel: 86-21-3852 1533 / Mobile: 86 138 1612 2768
E-mail: paul.combs@hanwha-solarone.com

SOURCE Hanwha SolarOne (Qidong) Co., Ltd.

Website: http://www.hanwha-solarone.com
 
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