EnFin, the US-based residential solar financing subsidiary of Hanwha Q Cells, has recently completed the sales of the first asset-backed securities worth $250 million, the Korean energy solution provider said Wednesday. EnFin provides financial solutions to consumers who install solar panels in their homes. The company began its operation in January 2023. According to Hanwha Q Cells, the ABS sales comprise bonds back.
US and China set to meet this year in Azerbaijan to discuss methane emission reductions scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Hanwha Solutions Q Cells Division has been embroiled in a legal battle with Maxeon Solar Technologies, which claims that the Korean firm copied its tunnel oxide passivated contact (TOPCon) solar cell technology in the U.S., according to industry officials, Wednesday.
Solar panels have become so cheap that they are being used to build garden fences in the Netherlands and Germany, as a boom in Chinese production saturates.
More than $100 billion in private investment has already been spurred by the federal Inflation Reduction Act, helping to drive advanced manufacturing in many states.