Page 3 - Hanwha Solution News Today

Qcells has announced it plans to invest more than $2.5 billion to establish a complete solar supply chain in the United States. In addition to its

Hanwha and Doosan have recently launched their own wine businesses to compete with local retail giants. Doosan opened a large-scale wine bar called Tap Shop Bar at its Doota Mall in Dongdaemun, central Seoul, on Dec. 16. Customers can try various wines at the store and buy bottles of wine. Doosan said it wants to ride on the popularity of the wine-consuming trend among young consumers by opening the shop to revive its shopping mall, which has suffered a long slump due to the COVID-19 pandemic.

Parent company of Qcells successfully alleges in preliminary injunction proceedings to German court that Trina Solar GmbH is unlawfully importing and selling solar modules in Germany that infringe Qcells’ patented technology.

Having been rebranded with a new ethos and mission, Qcells’ ambitions are supported by a suite of clean energy products as it consolidates its position in the solar PV sector.

Korean solar panel manufacturers such as Hanwha Solutions and OCI need to take advantage of U.S. import restrictions on Chinese-made solar products due to the Inflation Reduction Act (IRA), the Korea International Trade Association (KITA) said in a report published, Monday. The recently passed IRA includes a provision for tax credits for investments in solar power facilities, creating opportunities for Korean solar companies.

As the won-dollar exchange rate soared to a 13-year high recently, local stocks have generally become less attractive to foreign investors due to the weakened Korean currency. But some local stocks still remain popular among foreign investors. They have been focusing lately on buying LG Energy Solution (LGES) and Hyundai Motor. A weak won makes Korean automobiles cheaper to buy overseas, while LGES is expected to benefit from the implementation of the U.S. Inflation Reduction Act (IRA) by buildi...

Canadian module manufacturer Heliene is planning a further buildout of its US manufacturing base following the Inflation Reduction Act (IRA)

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REC Silicon and Mississippi Silicon have entered into a memorandum of understanding (MOU) that commits the companies to negotiate a raw material supply agreement and help establish a low-carbon and traceable US solar supply chain.

The Inflation Reduction Act (IRA) passed in the US Senate on Sunday, paving the way for its movement to the House of Representatives