Hanwha SolarOne and SunEdison sign supply agreement

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The modules, scheduled to be used in SunEdison’s solar power projects, will be shipped this year. An option for an additional 30 MWs is included.

In signing the agreement, Hanwha SolarOne says it expects to significantly increase its North American module shipments.

Bruce Ludemann, vice president and general manager of Hanwha SolarOne, North America, explained: "The North American market is key to our long term success (…) We expect to build on our successes in 2010 and continue to be a key supplier and partner to SunEdison for many years to come. As a result of this project and others in our pipeline, we expect shipments to North America in 2011 to exceed 100 MWs, which would double our volume from 2010."

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