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Press release from Business Wire

Hanwha SolarOne Uplevels Solar PV Module Design and Simplifies Installation With Zep Solar Mounting Solution

Tuesday, October 18, 2011

Hanwha SolarOne Uplevels Solar PV Module Design and Simplifies Installation With Zep Solar Mounting Solution08:30 EDT Tuesday, October 18, 2011 DALLAS (Business Wire) -- [Solar Power International ‘11] – Hanwha SolarOne Co., Ltd. ("Hanwha SolarOne”) (Nasdaq:HSOL), a global, end-to-end solar systems manufacturer, today announced it will license module mounting and grounding technology from Zep Solar™, Inc., of San Rafael, Calif. Zep Solar manufactures the industry's first drop-in, rail-free solar photovoltaic (PV) installation system. The patented system includes the Zep Groove™ feature, which is integrated directly into the module frame, and mounting and grounding hardware that connects to the groove, reducing balance of system costs for a quicker, easier and safer installation process. With vertically integrated manufacturing of silicon ingots, wafers, PV cells and modules, Hanwha SolarOne's modules are crafted from the very finest materials to be reliable and efficient. Incorporating the Zep Groove into Hanwha SolarOne's field-proven modules further streamlines overall system efficiency by dramatically reducing both the materials needed to mount the panels and the time spent on the roof installing the system. “Our modules provide the most reliable, high-performing solar power in the marketplace,” said Sungsoo Lee, Chief Strategic Officer of Hanwha SolarOne. “By working with Zep Solar, the leaders in solar mounting innovation and standardization, we are taking the Hanwha Solar product portfolio to a new level, extending our competitive edge by offering Zep Compatible™ modules. Such innovation, combined with our reliable, cost-effective product will help drive a solar energy transformation around the world.” By offering a system solution that addresses design, mounting, grounding, aesthetics, and wire management, Zep Solar offers the industry's first comprehensive platform for PV system installation. In addition to partnering with high quality PV manufacturers like Hanwha SolarOne, Zep Solar also partners with balance of system manufacturers to offer customers a wide range of product options including module-level electronics that connect directly to the Zep Groove. “Zep Solar is proud to partner with Hanwha SolarOne to expand the reach of our installation platform,” said Mike Miskovsky CEO of Zep Solar. “Zep has focused on building strategic licensing agreements with leading module manufacturers that will elevate our technology as the de facto mounting solution, or ‘USB of Solar.'” Hanwha SolarOne will be exhibiting at booth #3527 where it will feature its Zep Compatible PV module. Zep Solar with be at Booth # 4135 where it will feature hands-on demos of the company's residential and commercial system installations. 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 Zep Solar Zep Solar, Inc. was founded in 2009 by PV industry veterans to advance the proliferation of solar energy through well designed PV mounting and grounding products that offer speed of installation, ease and low cost to a wide range of applications. With its Zep Groove™ PV module frame technology, a catalog of mounting and grounding hardware, and third party Zep Compatible™ products, Zep Solar offers the world's first comprehensive platform for PV system installation. Zep Solar's platform drastically reduces the cost and complexity of designing, shipping, warehousing and installing PV systems. Please visit www.zepsolar.com for more information about our company and products. You can also follow us on Twitter @ZepSolar. For Hanwha SolarOneJoey Marquart, 650-762-2987Edelmanjoey.marquart@edelman.comorFor Zep SolarMariel FirmacionAntenna Groupzep@antennagroup.com