Hanwha SolarOne at Intersolar Europe: Introducing special application PV Modules
Customized PV modules backed by quality-to-your-doorstep measures translate into added value for solar projects
[Ismaning, 4th June 2014] Hanwha SolarOne Co., Ltd. (Hanwha SolarOne, or the Company) (Nasdaq:HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules,showcases its new special-application solar modules at the Intersolar Europe exhibition opening today (4th June) in Munich, Germany. The new modules – on display at the Hanwha Solar stand A2.260 in Hall A2 –are designed for special applications, customer groups and climates. Compared with universal modules,this customization adds value for specific solar projects.
In the run-up to Intersolar, Maengyoon Kim, Hanwha SolarOne GmbH’s Managing Director for Sales in Europe, Africa and South-America,emphasized the significance of the European Market: “Europe remains one of our strongest regions; we succeeded for instance in solidifying our position in the UK during the last quarter.” The Company also aims to strengthen its position in the European rooftop segment, and has already taken strategic steps towards this goal. “We are currently introducing higher power classes, advanced quality measures and flexible ordering models. These and other measures continuously add benefits for our European customers,” continued Maengyoon Kim.
Mr. Seong-woo Nam, the new CEO of Hanwha SolarOne, is confident that the Company is wellpositioned for success: “With our extensive experience in the solar module business, close cooperation with market stakeholders worldwide and a flexible manufacturing model, we can rapidly react to new customer requirements in a dynamic market environment. And we are proud to pass this advantage on to our customers in our new product range.”
Optimized solution for power plant engineering
A highlight of this year’s exhibition is the preview of the new HSL72 Poly - 1500 Volt Edition. This 72-cell solar module allows more modules to be installed per string and is designed to add value for largescale systems. With this module, up to 50 percent more modules can be installed in series, reducing the overall costs (BOS costs) and improving the PV system performance. Compared with standard solar modules, a lower levelized cost of energy (LCOE) can be achieved.
Special product for higher yield in hot environments
Solar projects installed in warm climates will benefit from the innovative heat dissipation and passive cooling technologies incorporated in the new HSL60 Poly – Hot Environment Edition. The module’s outstanding features are the lower operating temperature of the solar cells – the NOCT is 40°C – and its innovative heat dissipation and passive cooling technology. They allow the solar module to perform to a high level, even at very high temperatures. Compared with conventional PV modules, a test system achieved more than 10 percent better yields with ambient temperatures exceeding 30°C.
Design edition
In November 2013 Hanwha SolarOne introduced the HSL60 Poly – Black Edition to the European market. It has already become a popular choice with owners of residential and commercial rooftops. With its high quality polycrystalline solar cells embedded on a black back sheet and wrapped in an all-black aluminum frame, the module combines the high quality features of the HSL-series with an attractive design.
The HSL poly crystalline module series of Hanwha Solar is characterized by reliable performance and high durability. The modules are tested for snow loads of up to 7.000 Pascal (~710 kg/m²) as well as wind loads of 4.000 Pascal (~210 km/h). Size and weight have been minimized to reduce cost during warehousing and transportation. The high-quality modules are backed by a 12 year product warranty as well as 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. For more information, please visit: www.hanwha-solarone.com
For further information:
Bianca Böttcher
PR agency Solar Consulting GmbH
Tel: +49 (0)761 / 38 09 68-20
Lena Berg
PR Manager Hanwha SolarOne
Tel: +49 (0)89 / 2175 667 393
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 Co., Ltd.
Hanwha SolarOne at Intersolar Europe 2014.
Photo: Thomas Kiewning
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