• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 2 hours One Last Warning For The U.S. Shale Patch
  • 6 hours Russian Effect: U.S. May Soon Pause Preparations For Delivering F-35s To Turkey
  • 2 hours Chile Tests Floating Solar Farm
  • 13 hours China's Expansion: Italy Leads Europe Into China’s Embrace
  • 13 hours Poll: Will Renewables Save the World?
  • 13 hours New Rebate For EVs in Canada
  • 4 hours Trump Tariffs On China Working
  • 16 hours The Political Debacle: Brexit delayed
  • 7 hours Trump sells out his base to please Wallstreet and Oil industry
  • 4 hours Biomass, Ethanol No Longer Green
  • 1 day Oil-sands recovery by solvents has started on a trial basis; first loads now shipped.
  • 7 hours Read: OPEC THREATENED TO KILL US SHALE
  • 11 hours 3 Pipes: EPIC 900K, CACTUS II 670K, GREY OAKS 800K
Alt Text

China Plans To Build Space Solar Station

Chinese scientists have published plans…

Alt Text

India Surges Ahead In Global Solar Race

India is soaring past the…

Alt Text

Floating Solar Plants Gain Momentum In India

Following in China’s footsteps, neighbor…

Joao Peixe

Joao Peixe

Joao is a writer for Oilprice.com

More Info

Trending Discussions

South Korea’s Hanwha Group Shifting Emphasis to Solar Power

South Korean Hanwha Group subsidiary Hanwha Chemical Corp., is retooling its emphasis to solar energy in a bid to capture a portion of the rising global market in solar energy production.

In April Hanwha Chemical Corp.'s board of directors approved plans to build a polysilicon plant in Yeosu, scheduled to come online in 2013. The new Hanwha Chemical Corp. polysilicon facility will produce 10,000 metric tons of polysilicon annually and is expected to generate annual sales of $437 million from 2014 onwards, The Korea Herald reported.

When the Yeosu polysilicon facility comes online in two years Hanwha Chemical will have developed a full manufacturing line for producing solar panels, from creating polysilicon to the casting of silicon ingots, culminating in the production of solar cells, which are then assembled into solar panels.

Hanwha Group official said, “By producing polysilicon, which is essential for making solar cells, the group will be able to secure most of the polysilicon it requires from an in-house source from 2014. This also means that the group will be able to gain security against changes in prices as well as price competitiveness.”

Hanwha Group's solar power business began in January 2010 when Hanwha Chemical's plant in Ulsan produced solar cells with combined capacity of 30 million watts.

By. Joao Peixe, Deputy Editor OilPrice.com




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News