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Press release from Business Wire

Hanwha SolarOne Unveils High Performance Solar PV Modules with Enphase Microinverters

Monday, October 17, 2011

Hanwha SolarOne Unveils High Performance Solar PV Modules with Enphase Microinverters08:30 EDT Monday, October 17, 2011 DALLAS (Business Wire) -- Hanwha SolarOne Co., Ltd. ("Hanwha SolarOne”) (Nasdaq:HSOL), a global, end-to-end solar systems manufacturer, today announced its first AC Module (ACM) incorporating the world's most efficient microinverter technology from Enphase Energy. The Enphase Energized™ AC Module is a combination of Hanwha SolarOne's high performance solar modules with Enphase's highly efficient third generation microinverters, allowing installers to sell the most advanced solar solutions to customers. With vertically integrated manufacturing of silicon ingots, wafers, PV cells and modules, Hanwha SolarOne's modules are crafted from the very first materials to be reliable and efficient. The combination of Hanwha SolarOne's field-proven modules with Enphase microinverters allows the ACM to deliver maximum energy harvest for PV solar installations. “By delivering innovative, cost-advantaged solar products with guaranteed performance, Hanwha SolarOne and partners like Enphase are charting a rapid course to a truly global solar economy,” said Sungsoo Lee, Chief Strategic Officer of Hanwha SolarOne. “The Enphase Energized™ AC Module will drive increased clean energy projects that maximize solar power for homes, businesses and utilities around the world.” Enphase Energy's third generation microinverters easily attach to the frame of a Hanwha SolarOne 60-cell module to generate grid-compliant alternating current (AC) power directly at the module-level. The ACM is guaranteed by a 25-year limited warranty for both the microinverter and module. “The powerful combination of SolarOne's modules with our Microinverter System creates a high performance, easy-to-install system that comes complete with integrated intelligence and a comprehensive warranty,” said Bill Rossi, chief marketing officer of Enphase Energy. Hanwha SolarOne will be exhibiting at booth #3527 where it will feature an Enphase Energized AC Module. About Hanwha SolarOne Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) is a vertically integrated manufacturer of silicon ingots, wafers, PV cells and modules. Hanwha SolarOne offers high-quality, reliable products and services at competitive prices. Partnering with third party distributors, OEM manufacturers, and system integrators, Hanwha SolarOne serves the utility, commercial/government, and residential markets. The company maintains a strong worldwide presence with employees located throughout Europe, North America, and Asia and embraces environmental responsibility and sustainability with an active role in the voluntary photovoltaic recycling program. The Company benefits from its strategic partnership with its largest shareholder Hanwha Group who is active in solar project development and financing and plans to produce polysilicon in the future. For more information visit: www.hanwha-solarone.com. About Enphase Energy Enphase Energy delivers microinverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high technology approach to solar energy generation. www.enphase.com. Edelman for Hanwha SolarOneJoey Marquart, 650-762-2987joey.marquart@edelman.com