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Ayala's AC Energy to Build 100 MW Solar Plant in India
of over 1 GW in the following couple of years, with an initial focus on India, south korea and also Taiwan. AC Energy is investing USD 20 million via an advancement
Jul 20, 2020 // Plants, India, SECI, Asia, Rajasthan, AC Energy, solar PV plant, Projects
New efficiency record for flexible CZTS
at the Daegu Gyeongbuk Institute of Science and Technology (DGIST) in south korea have achieved 11.4% efficiency with a flexible CZTS cell measuring 0.5cm².
Sep 24, 2019 // Technology, South Korea, Asia, Daegu Gyeongbuk Institute of Science and Technology, flexible CZTS, Kee-Jeong Yang, thin-film solar cell, Jin-Kyu Kang
Solar and wind displace coal in 2020 however shift 'taking place far too slowly'-- Ember
United States and has actually seen remarkable falls in markets such as Japan, south korea, Australia, Canada and also Mexico, these reductions were stated to be
Mar 29, 2021 // Markets & Finance News, Germany, China, Europe, Asia, Market research, energy transition, coal replacement, net zero, Ember, paris agreement, Dave Jones
Tongwei tops polysilicon ranks as organization table established for shakeup in 2022
year.
Daqo New Energy has on the other hand thought the third-place area from south korea's OCI, which tumbled down the rankings after shuttering its solar-grade
May 13, 2021 // Manufacturing News, Tongwei, xinte energy, polysilicon, wacker chemie, Daqo New Energy, GCL-Poly, bernreuter research
OCI closing Korean solar quality polysilicon plants on US$ 636m problems cost
Significant Korean polysilicon manufacturer, OCI Chemical is to shut 2 solar quality polysilicon plants in Korea as manufacturing expense are nearly dual the present record low ASPs.
Feb 12, 2020 // Manufacturing News, China, polysilicon, c-si manufacturing, wacker chemie, Asia, Korea, oci chemical, hanwha chemical, tongwei group
South Somerset District Council introduces 2nd BESS to improve 'distinct position'
South Somerset District Council (SSDC) is to build a 2nd Battery Energy Storage Site (BESS), announcing a 40MW facility that will be located near Fareham in Hampshire.
Sep 4, 2020 // Storage, UK, Europe, Kiwi Power, Opium Power, Bsr Epc, John Clark, South Somerset District Council
New South Wales receives 34GW of propositions for newest renewable resource zone
A strategy to establish Australia's biggest renewable energy zone (REZ) in the state of New South Wales (NSW) has actually seen a frustrating level of interest, with projects standing for 34GW of ability submitted.
Aug 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Policy, Australia, Oceania, new south wales, Matt Kean, rez, renewable energy zone, Adam Marshall
Mytilineos heightens concentrate on solar in quote to reach 3GW of ability by 2030
in different phases of progression in countries such as the UK, Spain, Mexico, south korea as well as Taiwan.
Papapetrou claimed the firm's "significant pipe" of solar
Feb 24, 2021 // Plants, Markets & Finance News, Storage, EPC, Spain, Greece, Battery Storage, Chile, South america, Europe, solar-plus-storage, decarbonisation, Mytilineos, largescaleeu, operations and maintenance, storagesummit, Nikos Papapetrou
Hyundai Partners with UL for Safe Implementation of Secondly Life BESS
south korean international auto producer, Hyundai Motor Company has partnered with the global safety and security science leader, UL for the secure deployment as well
Aug 6, 2021 // Storage, BESS, EV Battery, UL, Hyundai Motor Company, Sajeev Jesudas, Youngcho Chi, Reuse EV battery
The Renewable Resource Shift is Lastly Involving Asia: IEEFA
cusp of a significant pivot. Current growths throughout India, China, Japan, south korea, Vietnam and also Taiwan highlight the capacity for modification.
"India
May 18, 2020 // Markets & Finance News, India, Asia, energy transition, IEEFA, Renewable Energy
National lithium-ion battery supply chains placed
at least for this year, having laid hold of previous leading lights Japan and south korea.
" Access to basic materials, talent and framework are important in drawing
Sep 17, 2020 // Markets & Finance News, Storage, USA, Japan, Canada, Sweden, France, Germany, UK, South Korea, China, Europe, Asia, North America, Finland, Bloomberg, Kwasi Ampofo, James Frith
REC Silicon Board Concedes It Has No Escape From Hanwha’s NOK 2.20-per-Share Takeover
say they have run out of options to fend off a contentious buyout bid from south korea’s Hanwha Group. In an update issued late Monday, the Oslo-listed
Jul 8, 2025 // Manufacturing News, Europe, polysilicon, Norway, REC Silicon, Hanwha, m&a
Hanwha Tightens Grip on REC Silicon, Mandatory Tender Offer Looms
south korea’s industrial heavyweight Hanwha Group has taken a decisive stride toward outright ownership of REC Silicon ASA after a voluntary share-purchase offer garnered acceptances representing 43.94 per cent of the Norwegian company’s equity. The stake, acquired through Hanwha’s vehicle Anchor AS, tips the conglomerate past Norway’s one-third control threshold, automatically triggering a mandatory tender offer for the remaining shares under Oslo Stock Exchange rules.
Hanwha pitched NOK 2.20 per share in cash—an amount that values REC Silicon at roughly NOK 925 million (about USD 92 million). Although the silicon-materials specialist’s board recommended shareholders accept, directors were candid in describing the price as “substantially below” the firm’s long-term potential. With few rival suitors on the horizon and no viable standalone funding plan, they acknowledged the bid was the only practical route for investors to realise liquidity.
The transaction marks the latest twist in REC Silicon’s turbulent recent history. The company operates two U.S. plants—one in Moses Lake, Washington, and another in Butte, Montana—but polysilicon output at both sites has been idled amid a prolonged market slump and shifting U.S.–China trade dynamics. Production at Moses Lake ceased in late 2024; key equipment required for manufacturing high-purity silicon gases remains in preservation mode, ready for a possible restart should conditions improve.
For Hanwha, best known in the solar sector for its Qcells module brand, the acquisition offers vertically integrated access to a strategic raw material at a time when Western governments are eager to onshore clean-energy supply chains. The Korean group has repeatedly signalled plans to revive Moses Lake once demand and policy incentives align, positioning the facility as a linchpin of its North American solar ambitions.
Next on the timetable is a formal offer document outlining terms for minority investors. Norwegian regulations allow Hanwha to complete the compulsory tender within weeks, potentially ending REC Silicon’s 25-year chapter as an independent public company. Shareholders who opt to remain once the threshold is crossed could find themselves in an increasingly illiquid stock—or facing a later squeeze-out at the same price.
Jul 15, 2025 // Plants, Large-Scale, Commercial, polysilicon, REC Silicon, Hanwha
Incheon and Harvard Researchers Revolutionize Fuel Cell Durability
from Incheon University in south korea and Harvard University have developed a fatigue-resistant electrolyte membrane that prolongs the lifespan of fuel cells.
Feb 7, 2024 // Technology, hydrogen, fuel cells, Incheon University, Harvard University, South Korean
Five bidders set to secure 490 MW in Malaysia’s third solar auction
by local company Konsortium Beseri Jaya Sdn Bhd and the Singapore unit of south korea’s Hanwha Group.
The 90 MW project was offered by Spanish developer
Jan 9, 2020 // Markets & Finance News, Malaysia, Asia, solar auction












