Photovoltaic | Hanwha SolarOne To Supply Modules For 42.5 MW Ontario Solar Photovoltaic Farm
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Photovoltaic | Hanwha SolarOne To Supply Modules For 42.5 MW Ontario Solar Photovoltaic Farm

LONDON–(BUSINESS WIRE)–

Hanwha SolarOne Co. Ltd. (the “Company”, or “Hanwha SolarOne”), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced it will supply more than 170,000 high efficiency HSC 60 Poly Can-Am modules to the 42.5 MW Ontario Solar Photovoltaic Farm. Hanwha Solar Canada, a wholly owned subsidiary of Hanwha SolarOne, will manufacture the modules in Ontario, Canada. Hanwha Q CELLS is building the project, owned by Fiera Axium Infrastructure, located across four sites in Ontario.

“Canada represents a significant part of our growing sales network, as Hanwha SolarOne is on pace to increase module shipments to North America by more than 60 percent this year,” said Steve Kang, President, Hanwha SolarOne USA. “Canada is a pillar of Hanwha SolarOne’s long-term growth strategy in North America.”

The solar farm, scheduled for completion in early 2014, will generate up to 50 gigawatt hours of electricity annually, enough energy to power 5,000 average Ontario households, reducing the province’s carbon footprint by 25,000 tons. Shipment of modules has already commenced.


“Hanwha SolarOne is an ideal supply partner in Canada, with high quality modules manufactured locally in Ontario, backed by the Hanwha Group,” said Juan Caceres, Senior Vice President, Fiera Axium Infrastructure.

Hanwha Solar Canada is the presenting partner at Solar Canada 2013, Canada’s largest and most influential solar industry event, taking place Dec. 9-10 at the Metro Toronto Convention Centre in Toronto, Canada.

About Fiera Axium Infrastructure Inc.

Fiera Axium Infrastructure Inc. is an independent portfolio management firm dedicated to generating long-term investment returns through investing in core infrastructure assets. Focus is placed on assets that are supported by robust market demand, under long-term contract with creditworthy counterparties, within concession-based structures or under a regulated framework. The firm combines the capabilities of a group of professionals with extensive infrastructure development and management backgrounds, with the fund management expertise of one of Canada’s leading independent fund managers in Fiera Capital Corporation ( FSZ.TO ). Its management team comprises infrastructure investment specialists with decades of combined experience acquiring, developing, financing, operating and managing infrastructure assets. Fiera Axium Infrastructure is jointly controlled by Fiera Capital and Axium Infrastructure


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