Hanwha takes an outside-the-box approach to photovoltaic power

Hanwha Group, South Korea-based conglomerate that has adopted solar power as its next key growth propeller, has sealed the last deal of its vertical integration within the group. “Hanwha Chemical completed the construction of a polysilicon production line with an annual capacity of 10,000 tons at the Yeosu plant,” said an official at the group last Sunday. “We will conduct inspection by production process between early June and late this year, and start mass production in January next year.”

With the construction, the conglomerate has fully integrated the entire value chain of photovoltaic power: Hanwha Chemical manufactures primary component polysilicon; Hanwha Solarone handles secondary components ingots and wafer cells; Hanwha Solarone and Hanwha Q Cells manufacture cells and modules that make up solar panels, and; Hanwha Q Cells Korea partakes in bids and builds and operates photovoltaic power plants.

For full article, see Maeil Business.

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