Hanwha SolarOne-PV modules, SunEdison projects in 2011 MW of supply (54)

SHANGHAI, 31. 1 2011-Hanwha SolarOne co., Ltd. (f/k/a Solarfun Power Holdings Co., Ltd., or “hanwha solarone” or the “company”) (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots, slabs, and photovoltaic (“PV”) cells and modules, today announced the people’s Republic of China, has signed an agreement to a subsidiary of MEMC Electronic materials-to 54 MW PV modules, the SunEdison partner in 2011 for its solar power plant projects.  The agreement also includes the option to add a 30 MW in 2011.

Dr. Peter Xie, President of Hanwha SolarOne, commented, “we are pleased that the MEMC is again selected us as the supplier in PV modules, SunEdison projects. We started the first delivery of the modules in 2010 and this SunEdison new order marks a significant expansion of our relationship.  SunEdison is a leading player in the global market, and we are particularly excited about is the one established on the basis of close cooperation with the name of the high volume. “

Bruce Ludemann, Executive Vice President and Chief Executive Officer (CEO), Hanwha SolarOne, North America, will be added to the “North American market is the key to our long-term success and helped us establish SunEdison has complied with the presence of Us and Canadian markets.  We look forward to our continued success in 2010 and key supplier and partner for several years the SunEdison to come. This project and other of our pipeline and we expect the 2011 North American shipments exceeding 100 MW, which would double our position since 2010. “

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