Hanwha Solutions has proposed to undertake major restructuring of the business to focus its resources on solar energy It plans to carve out advanced materials and solar materials business from itself into Hanwha Advanced Materials Proceeds will be used to strengthen solar PV manufacturing in the US and also build a EVA sheet factory in […]
OCI signs MOU with Hanwha Solutions for Long-Term Supply of Poly-Si Worth KRW 1.45 Trillion
OCI, the leading global solar PV supplier, signs an MOU with Hanwha Solutions for the long-term Poly-Si supply, further consolidating its position as a global Poly-Si business. OCIM Sdn. Bhd. (OCIMSB), a Malaysian subsidiary of OCI, announced on April 28 that it would sign the binding MOU with Hanwha Solutions for the long-term supply of […]
Hanwha Solutions Betting on Solar Business
Hanwha Solutions’ solar business is on track to become a major cash cow for the company within the next few years. “The company aims to create 21 trillion won in revenue by 2025 with an operating profit of 2.3 trillion won, which we stated before for our medium-term goal,” Hanwha Solutions told investors upon announcing […]
