South Korean powerhouse Hanwha SolarOne has surpassed the 4 GW mark in PV modules with shipments to 35 countries around the world.
The company announced the milestone on Wednesday, saying it was the first South Korean solar company to achieve the record.
"Since acquiring Hanwha SolarOne in 2010, the Hanwha Group has made solar the flagship of our business," said Ki-Joon Hong, CEO of Hanwha SolarOne and vice chairman of Hanwha Chemical. "We are building a lasting solar company that will power every corner of the world with affordable, clean and reliable solar power."
Hanwha SolarOne reached the milestone as it expands its global footprint. Over the last year, Japan and South Africa have become two of Hanwha SolarOne's largest markets, along with a growing presence in developing markets around the world. Japan has accounted for 28% and South Africa 19% of the companys business this year.
"In the last three years, Hanwha SolarOne has made tremendous strides in improving quality, lowering cost and expanding our international sales channels," added Hanwha SolarOne President Min-Su Kim. "Our vast global network, backed by the financial strength of the Hanwha Group, has positioned Hanwha SolarOne to succeed as solar matures into a stable industry."
Hanwha SolarOne is solidifying its presence in the U.S. market, forecasted to be the third largest in the world. In the last 12 months, Hanwha SolarOne has delivered modules to new customers including AEE, Black & Veatch, Constellation, REC, Scatec, SolarCity, SolarUniverse, Soltage, Strata, and WESCO. Hanwha SolarOne is looking to expand its product offerings in the U.S. over the next year.
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