Hanwha SolarOne Wins Contract Following Positive Third
Transkript
Hanwha SolarOne Wins Contract Following Positive Third
Press Release Hanwha SolarOne Wins Contract Following Positive Third-party Quality Assessment PV park realised by EPC contractor Else Enerji connected to the grid in Kayseri, Turkey [Ismaning, 6 August 2014] Hanwha SolarOne Co., Ltd. (Hanwha SolarOne, or the Company) (Nasdaq: HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-effective solar modules, has announced the completion of its 2 MWp delivery to the Ozkoyuncu Solar Enerji power plant in the Turkish province of Kayseri, Cappadocia. Else Enerji, a leading Turkish EPC contractor, has been responsible for the turnkey completion on behalf of one of Turkey’s largest mining corporations; Ozkoyuncu Mining Co. Based on the positive outcome of quality assessments conducted by the German testing institute, TÜV Rheinland, Hanwha SolarOne qualified as the solar module supplier for the project. The solar park was connected to the grid in July. Quality has been the main priority of the stakeholders during every step of the project. Prior to signing the module delivery order, representatives from Else Enerji and Ozkoyuncu Mining visited the Hanwha SolarOne manufacturing site. As part of the quality audit, HSL solar module samples were randomly selected by the project owners and sent to TÜV Rheinland for third-party testing. “The PV modules from Hanwha Solar have already demonstrated their high performance and reliable output in existing solar parks realised by Else Enerji in Turkey,” says Mustafa Herdem, General Manager of Else Enerji. “As expected, our positive experience in the field was confirmed by the stringent thirdparty quality assessment performed in Germany by TÜV Rheinland. The combination of high-quality products and a financially strong parent company represent an attractive package for our investors. We are currently investigating the prospects of further solar projects in Turkey. Our aim would be to engage in a long-term partnership with Hanwha Solar.” The positive outcome of the quality tests meant that the delivery of the HSL modules was able to commence. Construction started on 1 May and the park was completed on 4 July. The solar power system is located on a 38-acre brownfield site close to the Kayseri-Nigde highway in the Turkish province of Kayseri, Cappadocia. It is estimated that it will generate around 3.4 million kWh of electricity annually. “The approach taken by Else Enerji and Ozkoyuncu Mining confirms a very positive market trend – namely an increasing sensibility regarding the quality of solar products,” says Winfried Wahl, Senior Director Products and Marketing at Hanwha SolarOne GmbH. “Our company is continuously expanding its cooperation with renowned testing institutes in order to verify our processes and products to the benefit of our customers.” ### 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.hanwhasolarone.com About Ozkoyuncu Mining Co. Founded in 1949 by Mustafa Koyuncu and Ali Rıza Özderici to provide iron ore to the only integrated iron-steel plant of Turkey at that time, Özkoyuncu Mining is one of the largest mining corporations and the only pure play iron ore producer of Turkey. Özkoyuncu Mining operates Turkey’s richest and largest iron ore deposits. With approximately two million tons of annual production, Özkoyuncu Mining is the largest iron ore producer of Turkey. Özkoyuncu Mining has been providing direct-feed and sinter-quality iron ore to integrated iron & steel plants for almost 65 years. For more information, please visit: www.ozkoyuncu.com About Else Enerji Else Enerji is one of Turkey’s leading solar EPC companies with the most experienced and diversified team of technicians and engineers. The firm is headquartered in Ankara and its personnel are well-trained in solar PV applications and have considerable experience with PV installations that deliver more than 7 MW in Turkey. Else Enerji provides true turnkey solar EPC solutions covering project development, consultancy, engineering, planning, procurement and construction works. For more information, please visit: www.elseenerji.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 Else Enerji", "About Ozkoyuncu Mining Co.", or any other information regarding the projects, business, or market position of Else Enerji or Ozkoyuncu Mining. Hanwha SolarOne makes no representations regarding the accuracy or completeness of any such information. To learn more, contact: Bianca Böttcher PR agency Solar Consulting GmbH Phone: +49 (0)761 / 38 09 68-20 boettcher@solar-consulting.de Lena Berg PR Manager Hanwha SolarOne Phone: +49 (0)89 / 2175 667 393 lena.berg@hanwha-solarone.de Photos: Having passed a rigorous quality inspection conducted by TÜV Rheinland, the Hanwha SolarOne HSL60 modules were deployed in the Ozkoyuncu Solar Enerji power plant, which is a solar park in Turkey. Photo Source: Hanwha SolarOne The Ozkoyuncu Solar Enerji power plant in the Turkish province of Kayseri, Cappadocia. Photo Source: Else Enerji