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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.