CleanTechnica is the #1 cleantech-focused
 in the world.

Clean Power mojave desert Shutterstock

Published on August 14th, 2012 | by Adam Johnston


Hanwha SolarOne Breaks into North American Market with Hanwha SolarEnergy America

Hanwha SolarOne has recently opened up Hanwha SolarEnergy North America in a bid to increase its share in the North American solar market.

The new subsidiary will allow Hanwha SolarOne to expand into operation and maintenance solutions (O&M), financing, development, and engineering procurement (EPC).

The company formed on the basis from Hanwha purchasing Solar Monkey in 2011. The new organization serves both the utility and retail sectors.

Hanwha SolarEnergy will be able to sell their solar panels in North America, with an estimated project pipeline of 1 gigawatt (GW).

“With a thousand megawatts of projects in the pipeline, the newly branded Hanwha SolarEnergy America represents a significant force in project development,” said Matthew McCullough, chief executive officer of Hanwha SolarEnergy America, in a statement.

“The full capabilities of Hanwha Solar, from manufacturing to project development to finance, will allow us to become a leading provider of solar energy services in North America,” he said.

With the purchase of OneRoof Energy, tenKsolar, and Silent Energy, Hanwha SolarEnergy America will look to capture a good chunk of the North American solar market as one official discussed:

“This development combines three powerful assets: the strength of the Hanwha Financial Network, the manufacturing efficiencies of Hanwha SolarOne and Hanwha Chemical, and the project development expertise of Hanwha SolarEnergy America. Together, it makes us the most dynamic and reliable partner in the North American growth market for turnkey solar solutions,” said Mark Bronez, president of Hanwha SolarOne USA. “Hanwha Solar is capable of supplying and carrying a project from concept all the way through to continuing operations and maintenance of a finished installation, offering great value and the highest quality along the way. By making the solar value chain more efficient, Hanwha Solar is committed to working with partners to build a clean energy future in North America and worldwide.”

Hanwha SolarEnergy America has already recently completed projects in various cities across California, including: Los Angeles, San Clemente, Temecula, Valencia, South Gate, and Fresno.

Only time will tell how this South Korean based company will stack up here in the North America against other companies.

Source: Business Wire
Image Credit: Mojave Desert solar panel image via Shutterstock

Print Friendly

Tags: , ,

About the Author

A University of Winnipeg graduate who received a three year B.A. with a combined major in Economics and Rhetoric, Writing & Communications. Currently attempting to be a freelance social media coordinator. My eventual goal is to be a clean tech policy analyst down the road while I sharpen my skills as a renewable energy writer. Currently working on a book on clean tech and how to relate it to a broader audience. You can follow me on Twitter @adamjohnstonwpg or at

  • Jb

    Their site says that they are Chinese

Back to Top ↑