Hanwha SolarOne Signs 13 MW Module Supply Contract in China

         Hanwha SolarOne Signs 13 MW Module Supply Contract in China

PR Newswire

SHANGHAI, Dec. 11, 2013

SHANGHAI, Dec. 11, 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 signed a contract with Zhejiang Zhentai New Energy
Development Co., Ltd. (a member of the "Chint Group") to supply modules with
capacity of 12.96 MW. The modules are scheduled for delivery in December 2013
and will be installed in a utility-scale project in Yongchang, Gansu Province.

Mr. Jay SEO, Chief Financial Officer of Hanwha SolarOne and head of Hanwha
SolarOne's downstream business commented, "We continue to focus on improving
our competitive position in the China market and this new contract adds to our
recent success."Mr. SEO added, "We now have a backlog of over 250 MW in
China, have begun development of a strategic partnership with Jiangsu
Zhongtian Technology, completed several sizeablemodule supply contracts, are
building an EPC competency, and secured a framework credit line with Bank of
Beijing for RMB 3.5 billion (approximately US$574 million) over the next three
years, providing us the flexibility to fund future downstream projects (IPP)
as they develop, without unnecessarily leveraging the balance sheet
near-term."

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 Chint Group

Chint Group has developed to be the leader in Chinese industrial electrical
equipment production and clean energy fields. Chint Grouphas total assets of
over US$30 billion and 29,000employees. Business of Chint Group ranges from
low-voltage electrical products to power transmission and distribution
equipments and services, instruments & meters, building appliances, automobile
parts, industrial automation, PV power generation, and equipment
manufacturing. Chint Group is also the largest clean energy supplier and
energy efficiency management solution provider with the most complete product
ranges in China. Their products have found ready markets in more than 100
countries and regions, including Europe, Asia, Middle East, and Africa.

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 (Qidong) Co., Ltd.

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