Hanwha SolarOne Co., a global photovoltaic (PV) manufacturer of high-quality, cost-competitive solar modules, reached a memorandum of understanding (MOU) with OneRoof Energy, a complete solar services provider, to supply up to 50 megawatts of PV modules.
Hanwha SolarOne and OneRoof Energy intend to enter a supply agreement to establish a reliable supply of modules for OneRoof Energy, as well as to work together to identify and develop new and next generation products for the residential market that will enhance energy yield, improve bankability and increase residual value, and engage with downstream suppliers to improve PV system efficiencies and lower the levelized cost of energy (LCOE) to homeowners.
“OneRoof Energy is well positioned in the burgeoning residential rooftop financing market in the United States,” says Min-Su Kim, president of Hanwha SolarOne. “In large markets like California, industry sources estimate about three-fourths of all solar installations were the result of third-party financing.”
“Hanwha SolarOne offer our customers peace of mind that the panel manufacturer will be there to back the warranty for 12 years.,” says David Field, president and CEO of OneRoof Energy. “The power of Hanwha is in their ability to deliver on that promise.”
Tell Us What You Think!