SolarOne wins Ikaros UK order
Hanwha SolarOne has secured a follow-on order from Belgian PV developer Ikaros for a utility-scale installation in the UK.
The Chinese-Korean manufacturer will supply 11.5MW – or more than 38,000 of its HSL-72 modules – for the project, which will be built in Norfolk between January and March.
Ikaros chief executive Yves Devis says his company returned to Hanwha SolarOne, owned by Korea’s Hanwha Group, due in part to its “financial stability”.
Schoten-based Ikaros has blossomed into a significant player in the UK’s utility-scale PV sector, and counts the Bluefield Solar Income Fund among the regular buyers of its finished projects.
Although it remains a significant module supplier globally, many of SolarOne’s largest deals in recent months have come in China, where the company performs its manufacturing.
Earlier this month SolarOne bagged a 50MW order from China Huaneng Group, and it also forged a partnership with Jiangsu Zhongtian Technology with important implications for its downstream development ambitions.