Hanwha SolarOne Enters North American Project Development Market


PV module manufacturer Hanwha SolarOne Co. Ltd. has launched Hanwha SolarEnergy America (HSEA), which the company says will expand its North American capabilities downstream with project financing; development; engineering, procurement and construction; and operations and maintenance services. The company will serve customers in the utility and commercial sectors.

The launch of HSEA marks the completion of integrating Solar Monkey, an Irvine, Calif.-based developer in which Hanwha Solar purchased in January 2011, with the Hanwha Solar network. The newly branded HSEA has developed a project pipeline totaling 1 GW.

HSEA continues Hanwha Solar's expansion downstream, following strategic investments in companies such as OneRoof Energy for residential lease financing, tenKsolar for rooftop systems and Silent Power for energy storage.

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