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
