Hanwha SolarOne Supplies 20 Megawatts of Photovoltaics to Haike

Hanwha SolarOne Co., the photovoltaic manufacturing unit of South Korea’s Hanwha Group, supplied modules with 20 megawatts of capacity to Haike Engineering Holding Co. for solar farms in China.

The panels were delivered last month for ground-mounted projects in Dunhuang, Gansu Province, the Qidong, China-based unit said today in a statement. Terms of the sale weren’t disclosed.

About 30 percent of Hanwha SolarOne’s third-quarter shipments were to customers in China, a fivefold increase from the previous quarter, Chief Financial Officer Jay Seo said in the statement.

“The fourth quarter will also be characterized by a strong showing in the China market for us as we look to expand our presence in the largest solar market,” he said.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE