Hanwha SolarOne Wins Contract Following Positive Third

Press Release
Hanwha SolarOne Wins Contract Following Positive Third-party
Quality Assessment
PV park realised by EPC contractor Else Enerji connected to the grid in Kayseri, Turkey
[Ismaning, 6 August 2014] Hanwha SolarOne Co., Ltd. (Hanwha SolarOne, or the Company) (Nasdaq:
HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-effective solar modules, has
announced the completion of its 2 MWp delivery to the Ozkoyuncu Solar Enerji power plant in the
Turkish province of Kayseri, Cappadocia. Else Enerji, a leading Turkish EPC contractor, has been
responsible for the turnkey completion on behalf of one of Turkey’s largest mining corporations;
Ozkoyuncu Mining Co. Based on the positive outcome of quality assessments conducted by the German
testing institute, TÜV Rheinland, Hanwha SolarOne qualified as the solar module supplier for the project.
The solar park was connected to the grid in July.
Quality has been the main priority of the stakeholders during every step of the project. Prior to signing the
module delivery order, representatives from Else Enerji and Ozkoyuncu Mining visited the Hanwha
SolarOne manufacturing site. As part of the quality audit, HSL solar module samples were randomly
selected by the project owners and sent to TÜV Rheinland for third-party testing.
“The PV modules from Hanwha Solar have already demonstrated their high performance and reliable
output in existing solar parks realised by Else Enerji in Turkey,” says Mustafa Herdem, General Manager
of Else Enerji. “As expected, our positive experience in the field was confirmed by the stringent thirdparty quality assessment performed in Germany by TÜV Rheinland. The combination of high-quality
products and a financially strong parent company represent an attractive package for our investors. We are
currently investigating the prospects of further solar projects in Turkey. Our aim would be to engage in a
long-term partnership with Hanwha Solar.”
The positive outcome of the quality tests meant that the delivery of the HSL modules was able to
commence. Construction started on 1 May and the park was completed on 4 July. The solar power system
is located on a 38-acre brownfield site close to the Kayseri-Nigde highway in the Turkish province of
Kayseri, Cappadocia. It is estimated that it will generate around 3.4 million kWh of electricity annually.
“The approach taken by Else Enerji and Ozkoyuncu Mining confirms a very positive market trend –
namely an increasing sensibility regarding the quality of solar products,” says Winfried Wahl, Senior
Director Products and Marketing at Hanwha SolarOne GmbH. “Our company is continuously expanding
its cooperation with renowned testing institutes in order to verify our processes and products to the benefit
of our customers.”
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About Hanwha SolarOne
Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is one of the top 10 photovoltaic module manufacturers in the
world, providing cost-competitive, high-quality PV modules. It is a flagship company of Hanwha Group, one of the
largest business enterprises in South Korea. Hanwha SolarOne serves the utility, commercial, government and
residential markets through a growing network of third-party distributors, OEM manufacturers and system
integrators. The company maintains a strong presence worldwide, with a global business network spanning Europe,
North America, Asia, South America, Africa and the Middle East. For more information, please visit: www.hanwhasolarone.com
About Ozkoyuncu Mining Co.
Founded in 1949 by Mustafa Koyuncu and Ali Rıza Özderici to provide iron ore to the only integrated iron-steel
plant of Turkey at that time, Özkoyuncu Mining is one of the largest mining corporations and the only pure play iron
ore producer of Turkey. Özkoyuncu Mining operates Turkey’s richest and largest iron ore deposits. With
approximately two million tons of annual production, Özkoyuncu Mining is the largest iron ore producer of Turkey.
Özkoyuncu Mining has been providing direct-feed and sinter-quality iron ore to integrated iron & steel plants for
almost 65 years. For more information, please visit: www.ozkoyuncu.com
About Else Enerji
Else Enerji is one of Turkey’s leading solar EPC companies with the most experienced and diversified team of
technicians and engineers. The firm is headquartered in Ankara and its personnel are well-trained in solar PV
applications and have considerable experience with PV installations that deliver more than 7 MW in Turkey. Else
Enerji provides true turnkey solar EPC solutions covering project development, consultancy, engineering, planning,
procurement and construction works. For more information, please visit: www.elseenerji.com
Safe-Harbor Statement
This press release contains forward-looking statements. These statements constitute “forward-looking” statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from
management in this press release and the Company’s operations and business outlook, contain forward-looking
statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially
from those in the forward-looking statements. Further information regarding these and other risks is included in
Hanwha SolarOne’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form
20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking
statements, whether as a result of new information, future events or otherwise.
Hanwha SolarOne has not independently verified any information in "About Else Enerji", "About Ozkoyuncu
Mining Co.", or any other information regarding the projects, business, or market position of Else Enerji or
Ozkoyuncu Mining. Hanwha SolarOne makes no representations regarding the accuracy or completeness of any such
information.
To learn more, contact:
Bianca Böttcher
PR agency Solar Consulting GmbH
Phone: +49 (0)761 / 38 09 68-20
[email protected]
Lena Berg
PR Manager Hanwha SolarOne
Phone: +49 (0)89 / 2175 667 393
[email protected]
Photos:
Having passed a rigorous quality inspection conducted by TÜV Rheinland, the Hanwha SolarOne HSL60
modules were deployed in the Ozkoyuncu Solar Enerji power plant, which is a solar park in Turkey.
Photo Source: Hanwha SolarOne
The Ozkoyuncu Solar Enerji power plant in the Turkish province of Kayseri, Cappadocia.
Photo Source: Else Enerji