Widely surmised from its takeover by the chemical company Hanwha, former integrated module manufacturer Solarfun will be a fully integrated PV producer in the future. Following on from what has only yet been achieved by Norway-based REC, Hanwha will produce polysilicon for Hanwha SolarOne and be involved in PV projects and project financing downstream, providing under the Hanwha SolarOne identity a fully integrated manufacturing mantra as it plans to become a major PV player in the future.
“Hanwha SolarOne represents a redefinition of the solar value chain. With enhanced control of our supply chain through the raw material capabilities of Hanwha Chemical Corporation, and expanded project development capabilities through the Hanwha Group, we believe Hanwha SolarOne will be able to develop a broader PV module portfolio for a wide range of applications in the utility, commercial, and residential markets,” noted Dr. Peter Xie, president and CEO of Hanwha SolarOne. “Our new name – Hanwha SolarOne – reflects our aspiration to be among the top global PV module manufacturers, while we carry on our same dedication to providing cost-effective, high-quality products to our customers.”
Hanwha Chemical has yet to announce detailed plans for its entry into the polysilicon production.