Hanwha SolarOne Completes 31MW of Distributed Generation Projects in China

published: 2014-05-16 11:28 | category: News

Hanwha SolarOne Co., Ltd. announced that it has completed the installation of 31 MW in an EPC commercial rooftop project in Guangdong Province, China, marking the largest distributed generation system in the nation to date.

Mr. Jay SEO, Chief Financial Officer and Head of China Business of Hanwha SolarOne, commented, "This distributed generation project in Southern China is part of a cooperative business development agreement with a large well-established state-owned enterprise (the "SOE") signed in 2013. The agreement also sets out aims for Hanwha SolarOne and the SOE to further collaborate on the development of PV solar plants across China in the near future. We have successfully completed other large-scale EPC contracts in China and will use this track record to assist us in developing our PV project portfolio as an IPP, as well as other additional downstream activities."

The China government has aimed to install 8GW of distributed PV generation system this year, sharing 60% of the total target of 14GW.

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