Hanwha SolarOne Supplies 20 Megawatts of Photovoltaics to Haike

Dec. 3 (Bloomberg) — Hanwha SolarOne Co., the photovoltaic
manufacturing unit of South Korea’s Hanwha Group, supplied
modules with 20 megawatts of capacity to Haike Engineering
Holding Co. for solar farms in China.

The panels were delivered last month for ground-mounted
projects in Dunhuang, Gansu Province, the Qidong, China-based
unit said today in a statement. Terms of the sale weren’t

About 30 percent of Hanwha SolarOne’s third-quarter
shipments were to customers in China, a fivefold increase from
the previous quarter, Chief Financial Officer Jay Seo said in
the statement.

“The fourth quarter will also be characterized by a strong
showing in the China market for us as we look to expand our
presence in the largest solar market,” he said.

To contact the reporter on this story:
Justin Doom in New York at

To contact the editors responsible for this story:
Reed Landberg at
Jim Efstathiou Jr.

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us