Referenced Stocks

Hanwha Solarone Forms Partnership with Silent Power; Flat

By MT Newswires,  July 09, 2012, 02:19:52 PM EDT

Hanwha SolarOne Co. Ltd. ( HSOL ) shares are flat after it today announced a strategic partnership with Silent Power, an energy storage systems company.

HSOL has touched a day low $1.16 and a day high $1.26.

The Hanwha Group led Silent Power's Series B funding round with an $8 million investment. The partnership will leverage a co-marketing strategy for bundling HSOL's high quality photovoltaic (PV) panels with Silent Power's distributed energy storage device, the OnDemandTM Energy Appliance. The first bundled product offering will be ready by September of this year.

HSOL trades in a 52-week range of $0.81 - $5.93.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: HSOL



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