SolarOne 700MW China partnership

Hanwha SolarOne has announced a co-operation deal with a Chinese partner that could see it supply modules or EPC services to 700MW of projects in China.

The strategic partnership is planned between Korea-owned SolarOne and  Shanghai HuiTianRan Investment Holding Group Co (HTR).

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

Under its deal with SolarOne, “HTR intends to use PV modules manufactured by Hanwha SolarOne in its 700 MW power plant projects or select [SolarOne] to be the EPC service supplier for said projects.”

Hanwha SolarOne’s chief financial officer Jay Seo said: "We continue to build up our track record and project profile in EPC and plan to engage in IPP Log in to read complete article.

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