Hanwha SolarOne Co., a global photovoltaic manufacturer of high-quality, cost-competitive solar modules, signed a supply agreement with Baotou Shansheng New Energy Co. for delivery of 50 MW of Hanwha SolarOne’s PV modules.
Deliveries began in early August and are scheduled for completion by mid-September. The modules will be used in ground-mounted projects in Hohhot and Baotou, Inner Mongolia.
The Chinese government has just formalized a 13 GW target for solar installations in 2014 and outlined some additional support, particularly for distributed generation projects.
The company is seeing a meaningful surge in business opportunities beginning in the third quarter and are increasingly optimistic that market demand in China will be robust throughout the remainder of this year.