Solarfun’s board of directors approved the name change, which will reflect the company’s ongoing efforts to strengthen its brand worldwide and the strategic partnership with Hanwha Chemical, the company says.
Hanwha Chemical currently owns 49.99% of Solarfun after a 434.1bn won ($376m) acquisition deal.
“Following Hanwha’s strategic investment in Solarfun in mid-September, we have worked closely together to develop a long-term strategy to grow our company into a top three module manufacturer by 2015,” says Peter Xie, president and chief executive officer of Solarfun.
He
