PHOTOWATT ONTARIO TO PRODUCE ONTARIO MADE PV MODULES FOR HANWHA SOLARONE
CAMBRIDGE - ATS Automation Tooling Systems Inc. announced that its subsidiary, Photowatt Ontario Inc., has entered into a supply agreement with Hanwha SolarOne (Qidong) Co. Ltd., a subsidiary of Hanwha SolarOne Co., Ltd., to produce Hanwha SolarOne photovoltaic modules for the Ontario marketplace.
The agreement is for Photowatt Ontario to produce and deliver approximately 160 megawatts of modules over four years, using cells supplied by Hanwha SolarOne with the potential for the parties to increase the volumes by up to another 160 megawatts over the four-year period. The modules, which are intended to serve demand in connection with the Ontario Feed in Tariff program, will be fully compliant with FIT and Micro FIT Program domestic content requirements. The agreement is subject to Photowatt Ontario satisfying itself with respect to certain technical information to be provided by Hanwha SolarOne. Shipments are currently expected to begin in October.
Photowatt Ontario will produce the modules at its photovoltaic module facility in the Green Wing of the ATS campus in Cambridge, Ontario. The "Made in Ontario" production facility, designed and built by the ATS Automation Systems Group's Cambridge division, serves Ontario's rapidly growing demand for solar energy products in residential, commercial and industrial markets as well as large-scale solar fields.
Chris Waters, Vice President and General Manager of Photowatt Ontario said: "We are very pleased to be able to assist a proven international photovoltaic company such as Hanwha SolarOne to establish in Ontario. ATS's core strengths in manufacturing automation, combined with Photowatt Ontario's solar manufacturing excellence give us an advantage in serving the rapidly growing Ontario renewable energy market. For these reasons, we are the partner of choice for many global PV companies and domestic developers alike. Working closely with ATS, Photowatt Ontario has the solar and automation know-how, facilities and resources to rapidly expand module production capacity as demand from the Ontario marketplace continues to grow."
"Our new customer relationship with Hanwha SolarOne is another positive development for Photowatt Ontario and its employees in Cambridge, as Photowatt Ontario continues to grow as a leading provider of solar solutions in Ontario and beyond," said Anthony Caputo, President and CEO, ATS. "The Green Energy Act, feed-in tariff program and domestic content goals have provided an excellent foundation for both ATS and Photowatt Ontario to apply our skills and experience to serve our home market."
Dr. Peter Xie, President and Chief Executive Officer of Hanwha SolarOne, added, "We are pleased to expand our brand to the Ontario market by joining forces with two of Canada's finest local manufacturing companies, ATS and Photowatt Ontario. Ontario's commitment to long-term renewable energy investment under the Ontario Green Energy Act provides us many favorable incentives for future growth. Likewise, Hanwha SolarOne's high-quality, cost-effective PV modules are especially suited to the needs of Ontario's domestic developers. The local expertise of ATS and Photowatt Ontario, combined with our established and growing presence in North America, will allow us to offer close management of distributors and superior customer support to the province."
Bruce Ludemann, Vice President & General Manager of Hanwha SolarOne, North America said: "We will establish a regional office in Ontario, staffed with business development, technical support and administrative personnel."