Hanwha SolarOne to equip 6.2-MW PV project in Guatemala

(SeeNews) - Mar 19, 2014 - Chinese solar products maker Hanwha SolarOne Co Ltd (NASDAQ:HSOL) today said it had delivered 6.2 MW of 72-cell photovoltaic (PV) modules for a project in Rio Hondo, Guatemala.

The order came from Spain-based renewable power plant builders Gransolar and Cobra, which are building the solar park in a consortium. Further details on the Guatemala solar project were not revealed.

“We see many opportunities in Latin America, and our company is taking the necessary steps to strengthen our presence in the region,” said Hanwha SolarOne managing director Maengyoon Kim. Recently, the firm’s HSL module series secured Inmetro certification, which is a must for imports to Brazil.

In 2013, Cobra, which is a unit of Spanish builder ACS (MCE:ACS), together with Gransolar and South African company Kensani used some 155 MW of Hanhwa SolarOne PV modules for the Letsatsi and Lesedi solar power plants in South Africa. These two parks are to be hooked to the grid in the first half of this year.

Last week Hanwha SolarOne posted a CNY-874.1-million (USD 141m/EUR 101m) net loss for 2013 on revenues of CNY 4.73 billion. It guided for 2014 solar module shipments of 1.5 GW-1.6 GW as compared to 1.28 GW in 2013.

(CNY 10 = USD 1.614/EUR 1.160)

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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