South Korean Solar Module Producer Shutting Chinese Factory
Hanwha Solutions Exiting Module Manufacturing & Sales In China To Focus On US Market
Friday, 26 Apr 2024
Hanwha Solutions, the parent company of solar cell and module producer Hanwha Qcells, has revealed plans to stop its Chinese solar module production and sales to focus on the US market instead. In a stock exchange filing, the group stated that shut.
Hanwha Solutions Suspends Production At South Korean Fab
South Korean Manufacturer Trains Lens On US PV Market While Discontinuing Eumseong Module Factory
Friday, 01 Dec 2023
Hanwha Solutions is discontinuing its solar PV production site in Eumseong, South Korea from December 17, 2023 as it focuses attention on the lucrative US market to maximize Inflation Reduction Act (IRA) related tax benefits. In a stock exchange an.
9.7% YoY Drop In Hanwha Solutions’ Q3/2023 Sales
Lower Solar Module Sales Pull Down South Korean Company’s Operating Profit, But Sees Bright Future
Thursday, 02 Nov 2023
South Korea-based renewable energy and chemicals company of the Hanwha Group, Hanwha Solutions has blamed the decline in solar module sales as the major reason for its Q3/2023 net sales to have dropped YoY.
Growing Solar Glass Demand In North America
Qcells, Heliene & Meyer Burger Orders Prompt Canadian Premium Sand To Expand Capacity
Tuesday, 16 May 2023
Canada headquartered solar glass supplier Canadian Premium Sand (CPS) is expanding its annual production capacity to 6 GW after signing off-take agreements with Hanwha Solutions Corporation, Heliene Inc and Meyer Burger Technology AG for a combined 62% of planned output.
Patent Infringement Dispute Settled
LONGi & Hanwha Solutions Reach Out-Of-Court Settlement With Patent Cross-License Agreement
Friday, 12 May 2023
Two of the world’s leading suppliers of solar panels, LONGi Green Energy Technology of China and Hanwha Solutions Corporation of South Korea have put an end to their patent infringement war, on since 2019, with patent cross-licensing arrangement.
REC Silicon Secures 100% Offtake Agreement With Hanwha
Hanwha Solutions To Procure FBR Polysilicon From REC Silicon Under 10-Year Take-Or Pay Offtake Binding Agreement
Wednesday, 01 Feb 2023
Polysilicon supplier to the solar industry, Norway’s REC Silicon is inching closer to restarting its Moses Lake fab in the US after achieving a major prerequisite for its reopening in the form of securing a binding 10-year take-or pay offtake agree.
2.5 GW Panel Deal Between Qcells & Microsoft
Touting A Completely Domestic Solar Supply Chain In US, Qcells Bags Microsoft Deal For 2.5 GW Solar Modules, Development & EPC Services
Friday, 27 Jan 2023
South Korea’s Hanwha Solutions’ owned Qcells has announced an agreement to supply 2.5 GW US made solar panels, develop PV projects and also offer EPC services for select projects of tech giant Microsoft that the latter has contracted through power purchase agreements (EPC) in the US.
Hanwha Solutions Planning 8.4 GW US Production Capacity
South Korea’s Hanwha Solutions Announces ‘Largest’ Investment In US Solar Industry & North America’s ‘Largest’ Integrated PV Production Complex
Wednesday, 11 Jan 2023
South Korea’s Hanwha Solutions has announced a massive scale up of its US solar PV production plans aiming for a cumulative 8.4 GW module manufacturing capacity by 2024-end with an integrated production complex, calling it the ‘largest’ investment in the history of US solar energy industry.
Hanwha Senior Resource Now REC Silicon’s New CFO
Hanwha Solutions/Qcells EVP Jeong Ryul Yun On Board As Chief Financial Officer Of REC Silicon
Tuesday, 11 Oct 2022
Leadership changes at Norway headquartered REC Silicon, that operates polysilicon manufacturing facilities in the US, continue as the company has now announced the appointment of a senior executive of Hanhwa Solutions/Qcells Jeong Ryul Yun as the company’s new chief financial officer (CFO).
Hanwha To Produce Module Encapsulants in US
With Focus On Solar Power, Hanwha Solutions To Carve Out Advanced Materials Business; Plans New EVA Fab In US
Friday, 23 Sep 2022
South Korea’s Hanwha Solutions Corporation has announced major business restructuring with plans including divestment of some stake in advanced materials business to use proceeds for US solar PV manufacturing facilities and to build an EVA film factory in the US.
Hanwha Qcells Rebrands Q ENERGY For Europe
Q ENERGY Solutions Brandishes 12 GW Renewables Development Portfolio Across Europe
Monday, 04 Jul 2022
The power plant business division of Hanwha Qcells called QENERGY Europe and QENERGY France have come together as subsidiaries of a new entity Q ENERGY Solutions SE that now holds a renewable energy development portfolio of 12 GW scattered all across Europe.
Hanwha Invests in US Silicon Production
Hanwha Ups Stake In REC Silicon; Says US Polysilicon Fab To Be Back In Business From 2023
Friday, 25 Mar 2022
South Korean solar module maker Hanwha Solutions Corporation and Hanwha Corporation has expanded its shareholding in US polysilicon producer REC Silicon ASA as it acquires 4.67% additional stake from Aker Horizons, paving the way for Hanwha to implem.
North America PV News Snippets
Hanwha Solutions Invests in Lancium Technologies… & More
Tuesday, 30 Nov 2021
Hanwha invests in Lancium: Hanwha Solutions has invested $100 million in Texas, US based technology startup called Lancium Technologies that provides renewable-based electricity management service for energy-heavy devices.
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