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Hanergy America Solar Solutions Announces Acquisition of Solar Project in California

Hanergy America Solar Solutions (“Hanergy America”) is pleased to announce that it has acquired a 19Mwac solar photovoltaic development project. The solar project site is located on a 100+-acre parcel of land in Pittsburg, California, approximately 40 miles east of San Francisco. The long-term power purchase and interconnection agreements have been executed for the project, and the project is expected to achieve commercial operation in the fourth quarter of 2014.

Hanergy America was established under the parent company of Hanergy Holding Group Limited as a wholly-owned subsidiary of Hanergy Solar Group Limited to pursue the development and ownership of solar power plants in the Americas. Incorporated in California as Hanergy USA Solar Solution Ltd. and doing business as Hanergy America Solar Solutions, the Hanergy America office has been active in the US market since 2010 and is comprised of experienced energy and finance professionals based in the heart of the Silicon Valley.

Hanergy America develops and operates solar power plants, with the goal of generating cost-effective and reliable clean energy for the following customers:

• Utility and Wholesale
• Commercial and Government

Hanergy America offers customers the ability to start benefiting from clean renewable energy without any upfront cost. Hanergy America adheres to the highest standards to construct, maintain and operate the solar equipment in a safe, professional way to deliver a reliable solution and to maximize the solar energy from the system. Hanergy America’s strong parent company and access to advanced module technology provides a unique partner for solar photovoltaic projects in North and South America.

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