Hanwha SolarOne

Hanwha SolarOne Co., Ltd.
Public
Traded as NASDAQ: HSOL
Industry Renewable energy
Founded 2004
Headquarters Qidong, People's Republic of China
Area served
Worldwide
Key people
Ki-Joon Hong, CEO
Products PV Ingots/Wafers, Cells, Modules
Number of employees
12,000+
Website hanwha-solarone.com

Hanwha SolarOne, Ltd. is an integrated manufacturer of solar panels based in Qidong, China. Its products includes photovoltaic cells and panels, and silicon ingots and wafers.

The company was established in 2004 as Solarfun Power Holdings by Linyang Electronics. In 2006, Solarfun was listed at NASDAQ. In 2008, Solarfun acquired a manufacturer of silicon ingots Jiangsu Yungguang Solar. In 2010, 49% of company shares was acquired by Hanwha Chemical, a subsidiary of Hanwha Group. Consequently the company was renamed Hanwha SolarOne.[1]

By the end of 2010, Hanwha SolarOne had annual module manufacturing capacity of 900 MW, cell manufacturing capacity of 600 MW, and ingot/wafer manufacturing capacity of 400MW. It also had a capacity of 15 MW for automated building integrated photovoltaics (BIPV). According to PVinsights, in 2010 it was seventh largest photovoltaic module producer in the world.[2]

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