Hanwha SolarOne, a global manufacturer of photovoltaic modules, has launched Hanwha SolarEnergy America (HSEA), expanding the company’s North American capabilities downstream with project financing, development, engineering, procurement, construction and operations and maintenance solutions. The company serves customers in the utility and commercial sectors.
The launch of HSEA marks the completion of integrating Solar Monkey, the Irvine, Calif., based developer Hanwha Solar purchased an initial stake in January 2011, with the Hanwha Solar network. The newly branded HSEA has developed a project pipeline totaling one gigawatt.
“With a thousand megawatts of projects in the pipeline, the newly branded Hanwha SolarEnergy America represents a significant force in project development,” says Matthew McCullough, chief executive officer. “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.”
Hanwha SolarEnergy America continues Hanwha Solar’s expansion downstream, following strategic investments in innovative companies like OneRoof Energy for residential lease financing, tenKsolar for high energy output rooftop systems and Silent Power for energy storage. Hanwha Solar will continue to integrate these and more investments into the Hanwha Solar Network – including Hanwha’s financial and manufacturing operations – to offer the most innovative, value-add solar solutions in the industry, the company says.