Hareon Solar Introduces AC Module in Australia

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Melbourne, Australia, May 20, 2013…Hareon Solar Technology Co. Ltd. (Hareon Solar), one of the largest, vertically integrated PV companies in the world, announced today that it will introduce Hareon AC modules at the Solar 2013 Conference and Expo in Melbourne. Hareon Solar teamed up with SolarBridge Technologies, the leading provider of module-integrated microinverters based in the US, to develop fully integrated AC modules.

Hareon Solar will offer its AC modules with an industry-leading 25 year warranty covering both the modules and the microinverters. Hareon AC modules are shade and mismatch tolerant, thereby increasingenergy yield by as much as 25 percent while reducing design and installation cost as much as 50 percent. A complete AC solution from Hareon Solar will offer the highest value to end customers — with individual module-level monitoring, integrated grounding and increased system safety. A conventional PV system with central inverters can have rooftop DC voltages as high as 1000V. PV systems with Hareon AC modules will operate at the standard grid voltage.

Installers and system owners will be able to monitor system performance via theHareon Power Portal,a web-based management system providing total visibility intoenergy output from each individual module in a beautiful, clean interface.

Dr. Jie Zhang, VP of International Sales for Hareon Solar said: “Hareon Solar is committed to bringing the highest quality PV products and solutions to our customers. The Australian market, with its large residential segment, offers tremendous potential for Hareon ACPV solutions. Our AC modules are designed for safe and reliable operation for 25 yearsand offer a simple, scalable, high-efficiency solution to our customers for lowest LCOE.”

Hareon modules and SolarBridge microinverters are CEC listed with Australia’s Clean Energy Council. Hareon AC modules will be on display at the Hareon Solar booth (#C6) in Solar 2013 Conference and Expo in Melbourne.

“As a market, Australia has demonstrated its eagerness to embrace ACPV for all of its benefits – better energy harvest, better performance visibility and a plug-and-play installation that is second to none,” said Ron Van Dell, president and CEO, SolarBridge Technologies. “We are pleased to partner with Hareon on this important product launch.”

About Hareon Solar
Hareon Solar Technology Co. Ltd., (Shanghai Stock Exchange: 600401) is one of the largest solar companies in the world. Hareon Solar, through its subsidiaries, designs, manufactures and markets solar cells and modules. Hareon employs over 10,000 people worldwide with solar cell manufacturing capacity exceeding 1.5 GW, module manufacturing capacity exceeding 1 GW, and is investing and operating solar plants over 200 MW globally. Hareon has international subsidiaries in US, Germany, Switzerland, Japan, and Australia. For more information about Hareon Solar Technology Co., Ltd., please visit www.hareonsolar.com

About SolarBridge Technologies
SolarBridge Technologies, a leader in integrated microinverter technologies for the solar industry, is accelerating the adoption of solar energy in residential and commercial applications. The SolarBridge AC Module System—featuring the SolarBridge Pantheon II microinverter, Power Manager and Power Portal—dramatically increases the efficiency and reliability of PV systems, while reducing the cost of energy. The SolarBridge microinverter matches the lifetime of solar modules, enabling module manufacturers to provide a 25-year warranty on AC modules. The company is headquartered in Austin, Texas. For more information, visit www.solarbridgetech.com.