The strategic partnership is planned between Korea-owned SolarOneand  Shanghai HuiTianRanInvestment Holding Group Co (HTR).

HTR has an existing joint venture with a “large state-owned powercompany” that will be widened to encompass PV plant development, said astatement.

Under its deal with SolarOne, “HTR intends to use PV modulesmanufactured by Hanwha SolarOnein its 700 MW power plant projects or select [SolarOne] to be the EPC servicesupplier for said projects.”

Hanwha SolarOne’s chief financial officer Jay Seo said: "Wecontinue to build up our track record and project profile in EPC and plan toengage in IPP development and ownership going forward.