Hanwha SolarOne, Photowatt Ontario establish 160MW supply deal for Ontario market

  • Hanwha SolarOne and Photowatt Ontario enter 160MW supply deal.
    Hanwha SolarOne and Photowatt Ontario enter 160MW supply deal.

Financials

  • HSOL
    NASDAQ
    0.950
    +0.010 (1.06%)
    4:00PM EDT
  • ATA
    TSE
    8.60
    -0.25 (-2.82%)
    4:00PM EDT

Photowatt Ontario (PWO), a subsidiary of ATS Automation Tooling Systems (ATS), has agreed to produce and deliver nearly 160MW of Hanwha SolarOne PV modules for the Ontario marketplace over the next four years. Both parties advised that there is a possibility the production volume will increase by up to another 160MW over the deal’s lifetime. Module shipments are slated to begin in October once PWO inspects technical information from Hanwha SolarOne.

Hanwha SolarOne will provide the cells for the PV modules, which will meet the requirements for the FiT and microFiT program domestic content. PWO will manufacture the modules at its facility in the Green Wing of the ATS campus in Cambridge, Ontario, which satisfies the “Made in Ontario” requirements. Bruce Ludemann, VP and general manager of Hanwha SolarOne, advised that the company intends to setup a regional office in Ontario to house business development, technical support and administrative employees.

Dr. Peter Xie, president and CEO of Hanwha SolarOne, commented, "We are pleased to expand our brand to the Ontario market by joining forces with two of Canada's finest local manufacturing companies, PWO and ATS.  Ontario's commitment to long-term renewable energy investment under the Ontario Green Energy Act provides us many favorable incentives for future growth.  Likewise, Hanwha SolarOne's high-quality, cost-effective PV modules are especially suited to the needs of Ontario's domestic developers.  The local expertise of PWO, combined with our established and growing presence in North America, will allow us to offer close management of distributors and superior customer support to the province."

Post a Comment

Post

Newsletter

Preview Latest Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 16th Edition

    Photovoltaics International 16th Edition

    This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.

  • Photovoltaics International Lite, Volume 05 - 2011

    Photovoltaics International Lite, Volume 05 - 2011

    This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.

  • Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Partners

Acknowledgements

Solar Media