Hanwha SolarOne Signs Panel Supply Deal With MEMC’s SunEdison

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Hanwha SolarOne Inc., a Shanghai-based solar product manufacturer, will supply MEMC Electronic Materials Inc. with 54 megawatts of panels this year.

The agreement includes an option for MEMC’s project development unit SunEdison LLC to purchase an additional 30 megawatts of solar panels, Hanwha said today in a statement.