Hanwha SolarOne

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Our History

Hanwha SolarOne is a global energy company offering comprehensive vertical integration. We leverage the knowledge and expertise of Hanwha Chemical Corporation and the former Solarfun Power Holdings. With decades of manufacturing know-how, financial strength, and large-scale chemical production capabilities, we can deliver superior, highly competitive value to our customers.

Company Milestones:

2012

  • Hanwha SolarOne's SF260-36-1PxxxL Module Among the First in the Industry to Pass Rigorous TUV Rheinland Long-Term Sequential Test.
  • Hanwha SolarOne Announces Industry-leading Workmanship Warranty and Improved Warranty for Power Generation.
  • Signed Hanwha SolarOne’s largest ever solar deal to supply 155MW high-performance modules to South Africa.

2011

  • NASDAQ ticker symbol change from SOLF to HSOL
  • Formal announcement of Hanwha SolarOne adds technology, manufacturing, and project development capabilities
  • Plans to increase cell capacity from 550 MW to 820 MW, wire saw capacity from 400 MW to 572 MW, ingot capacity from 360 MW to 510 MW

2010

  • Took over Solarfun Power Holdings
  • Raised module capacity to 700 MW to meet market demands, and plans to expand module capacity to 900 MW by August, 2010
  • Acquired a 25 MW cell production line from SMIC, and plans to expand cell capacity to over 500 MW by July, 2010
  • Expanded customer support in North America, Europe, and Asia

2009

  • Opened a 100 MW annual module production for Q-Cells
  • Established a South Korean sales office and obtained Korean certification for full product line

2008

  • Attained complete vertical integration with opening of wafer slicing facility and purchase of Jiangsu Yungguang Solar, a top silicon ingot producer (100% interest purchase completed in 2009)
  • Major long-term investment by Good Energies
  • Began operation of an expanded wire saw facility
  • Completed and successfully started operations of 120 MW of additional cell and module capacity; total capacity reaches 360 MW

2007

  • Established German, Spanish, North American, and Australian sales offices
  • Earned UL and CEC Certification
  • Increased capacity to 240 MW

2006

  • Listed on NASDAQ as SOLF
  • $53 million USD investment from Citigroup Venture Capital, Hony Capital, Legend Capital, and Good Energies in June 2006
  • Second PV cell line started commercial operations in August 2006

2005

  • First PV cell production line started commercial operation in November 2005
  • IEC61215 certification obtained from TÜV Rheinland Group in Germany
  • First export module order delivered

2004

  • First PV module production line completed in December 2004
  • Established by leading electricity meter manufacturer Linyang Electronics in August 2004

1997

  • Linyang Group founded: China's #1 electric meter manufacturer with over one-third domestic market share