Hanwha Solarone Co Ltd (NASDAQ:HSOL) And Jiangsu Zhongtian Technology Signs Strategic Partnership MOU


Dallas, Texas 12/09/2013 (Financialstrend) – One of the top-10 global photovoltaic manufacturer company Hanwha Solarone Co Ltd (NASDAQ:HSOL) recently announced that it has signed a strategic partnership MOU with Jiangsu Zhongtian Technology. Hanwha SolarOne is known as the best manufacturer of high quality photovoltaic and cost competitive solar modules. With this MOU the company wishes to establish a long term partnership and want to contribute their maximum for the PV downstream business. Both of these companies want to develop, construct, finance the grid construction of the PV projects and the Jiangsu Zhongtian Technology company wants to use the PV modules that have been manufactured by Hanwha SolarOne for their energy project in Nantong, Jiangsu Province.

Post 90 days of signing the MOU both companies will enter into a definitive strategic cooperation agreement.

Something more about the Hanwha SolarOne

As told earlier also the Hanwha Solarone Co Ltd (NASDAQ:HSOL) is one of the top-10 photovoltaic manufacturer companies and always provides cost effective and very high quality PV modules. The Hanwha SolarOne is one of the flagship companies of the Hanwha group which is one of the biggest and largest corporate groups in South Korea. The markets that are served by the Hanwha SolarOne are system integrators, commercial and residential markets, OEM manufacturers and third party distributors also.

Hanwha SolarOne has a strong presence in many countries and has a vast global business networks that spreads across many countries in Asia, North and South America, Africa, Middle East and other global markets.  The company also believes in recycling and is an active member of PV Cycle take-back and recycling program. As the demand for the renewable energy will grow more in the years to come the company is expecting good sales and profits in the years to come.