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Hanwha SolarOne
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Short description

Manufacturer and developer of monocrystalline and polycrystalline photovoltaic solar cells, modules, and systems

Founded in 2010
Founded in

Company type Acquired Public (HSOL)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters China Shanghai, China
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Parent Companies Hanwha Corporation

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  • 1 M&A items
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Date Company
06/12/2014

IKAROS Solar IKAROS Solar

Hanwha SolarOne will supply an additional 9.5 MW of solar modules to Ikaros. These are intended for solar park installations carried out by Ikaros Solar in Hampshire and Oxfordshire, United Kingdom.

Confirmed by IKAROS Solar
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Date Partner Type
12/04/2013
Jiangsu Zhongtian Technology (ZTT) Jiangsu Zhongtian Technology (ZTT)
The two companies aim to cooperate in the development, construction, financing and grid-connection of PV projects. ZTT intends to use PV modules manufactured by Hanwha SolarOne in its permitted 150 MW distributed energy project in Nantong, Jiangsu Province, China. The two companies intend to enter into a definitive strategic cooperation agreement within 90 days following signing of this MOU.
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Confirmed by Jiangsu Zhongtian Technology (ZTT)
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IPO INFORMATION

Date

12/20/2006

IPO status

Listed

IPO Type

IPO

Amount

$150M

Initial shares

12000000

Ticker symbol

HSOL

Exchange listed

NASDAQ

Prospectus URL

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Date Investors Type Amount
11/15/2013 (0)
Post-money valuation of
Chinese solar manufacturer Hanwha SolarOne has signaled its intent to beef up its downstream business in the country with a $70 million American Depositary Share (ADS) issue, with each ADS consisting of five ordinary shares.
Follow-on Public Offering $70,000,000
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