Officials at Hanwha SolarOne – formerly known as Solarfun – added that while many other PV manufacturers will be wiped out over the next year, the financial firepower of the Hanwha Group, its largest shareholder, will allow it to survive and position itself for an upturn post-2014.
In 2010 the Hanwha Group – among Korea’s largest conglomerates – bought a controlling minority stake in China’s Solarfun.
Since
