The
credit
line,
which
will
extend
for
an
initial
one-year
period,
will
allow
SolarOne
–
formerly
known
as
Solarfun
–
to
“exploit
downstream
project
opportunities
in
China
and
abroad”,
says
chief
financial
officer
Jay
Seo.
The
deal
comes
as
SolarOne,
which
is
owned
by
Korean
conglomerate
Hanwha,
has
opened
its
first
office
in
Israel
–
coming
on
the
heels
of
a
major
module
supply
deal
it
struck
in
South
Africa.
The
company
has
made
clear
that
it
will
leverage
the
financial
might
of
its
parent
company
to
establish
leading
positions
in
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