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Hanwha SolarOne Supplies 20.5 MW of PV Modules to U.K. Solar Park

  Hanwha SolarOne Supplies 20.5 MW of PV Modules to U.K. Solar Park

High-quality PV modules to be installed in solar company ib vogt’s largest UK
solar park to date

Business Wire

ISMANING, Germany -- January 9, 2014

Hanwha SolarOne Co., Ltd. (the “Company” or “Hanwha SolarOne”), a top-10
global photovoltaic (PV) manufacturer of high-quality, cost-competitive solar
modules, today announced that it will supply 20.5 MW of its high-performing
HSL-60 PV modules to vogt solar ltd. (“vogt solar”), a fully-owned subsidiary
of the Germany-based company, ib vogt GmbH (“ib vogt”). The solar modules will
be installed in one of the largest solar parks in the UK.

ib vogt specializes in the development, realization and operation of large
scale PV power plants on a global level. Upon completion, this project will
represent ib vogt’s largest solar park in the United Kingdom to date.

For the past two years, Hanwha SolarOne has consistently supplied high-quality
modules to a number of large-scale solar parks realized by ib vogt. These
include several projects in the United Kingdom, such as the 9.8 MW Manston PV
park in Kent, the 6.2 MW Langunnett PV park in Cornwall, a 5 MW PV park in
Wellow on the Isle of Wight, and a 5 MW PV park in Oving, West Sussex. In
addition to these projects, Hanwha SolarOne has also supplied 9.5 MW of solar
modules to ib vogt, which they used in the Thunpadel solarpark in Lower
Saxony, Germany.

“We are very pleased to work with ib vogt once again, as we continue to expand
our presence in the United Kingdom – one of our key markets in Europe,” said
Maengyoon Kim, Managing Director of Hanwha SolarOne GmbH. “With our
high-quality PV modules, flexible ordering structure and capable sales team,
we are ideally positioned to meet the United Kingdom’s solar power needs. We
look forward to continuing to serve this important market in the future.”

Hanwha SolarOne successfully delivered the first batch of HSL-60 modules in
December 2013 and will complete the total shipment early in the first quarter
of 2014. HSL-60 modules, characterized by excellent performance and extended
durability, are backed by a 12 year workmanship warranty and a 25 year linear
performance warranty.

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 ib vogt

ib vogt GmbH and its subsidiary companies are specialized in the development,
financing, turnkey realization, operation and asset management of large scale
solar power plants. The company is currently focused in the UK, Eastern Europe
and South East Asia. ib vogt has a fully integrated approach including
consultancy, development, planning, engineering and project management
services as well as conducting the financing, EPC/EPCM, O&M and asset
management of solar parks. Since 2009, ib vogt has implemented solar power
plants with a total rated output of around 140 MW and owns and operates –
together with its associated companies – over 70 MW of solar parks in Germany
and England. The company has developed an extensive pipeline of more than 250
MW in England of which 75 MW is currently in construction. For more
information please visit the website:www.vogt-solar.com

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.

Hanwha SolarOne has not independently verified any information in “About ib
vogt” or any other information regarding the business, strategy or market
position of vogt solar or ib vogt. Hanwha SolarOne makes no representations
regarding the accuracy or completeness of any such information.

Contact:

Hanwha SolarOne
Lena Berg, +49 (0)89 / 2175 667 393
PR Manager
lena.berg@hanwha-solarone.de
 
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