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Leading Solar Solutions Supplier Longi Reveals 66-Cell Solar Module for Europe
high-efficiency Hi-MO 4 modules for a 100MWp ground-mounted solar project in south korea performed by leading neighborhood EPC Top
Sep 13, 2022 // Manufacturing News, solar cell, solar panel, LONGi, solar module, HiMO5 module
International PV capability enhancements struck 115 GW in 2019, claimsImage: IEA PVPS
57% of overall brand-new capability enhancements last year. Nations such as south korea, Taiwan as well as Malaysia made up for decreasing need in China and also
May 5, 2020 // Markets & Finance News, Policy, China, Asia, IEA, WORLD
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
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
Inside the globe's biggest dam-based floating solar energy project
until now is a 41MW floating solar (PV) power plant at the Hapcheon Dam in south korea. Seoul-headquartered Q-CELLS won authorization for the project from K-water
Jan 12, 2021 // Plants, Large-Scale, Commercial, Floating PV, Market Research, Wood Mackenzie, South Korea, floating PV, Asia, Q-CELLS, Ian Clover, Hapcheon Dam, Molly Cox
'Globe's largest green ammonia plant' planned for South Africa, set to go reside in 2025
Hive Hydrogen and Linde plc have actually collaborated to establish the "world's biggest green ammonia export plant" in Nelson Mandela Bay, South Africa, that will certainly have a 780,000 ton/year production capacity.
Jan 18, 2022 // Manufacturing News, Africa, South Africa, green hydrogen, electrolysers, green ammonia, built africa, linde
KAIST Creates Highly Stretchable, High-Efficiency Solar Cells
KAIST researchers create a breakthrough in solar energy: a stretchable solar cell that converts energy with 19% efficiency, even when stretched up to 40% - ideal for wearable devices.
Jan 4, 2024 // Technology, solar cell, efficiency, kaist
Flow Power plans 100-MW/200-MWh battery to strengthen New South Wales grid
Australia’s Flow Power will build a 100-MW/200-MWh battery in New South Wales, providing peak support, fast frequency response, and local reliability gains.
Nov 13, 2025 // Storage, Battery Storage, Australia, NEM, Oceania, new south wales, Flow Power
Globe currently has 583.5 GW of functional PV
complied with by Japan with 61.8 GW, India with 34.8 GW, and also south korea with 10.5 GW.
Europe had 138.2 GW of set up solar energy by the end of 2019,
Apr 6, 2020 // Markets & Finance News, IRENA, WORLD
Breakthrough: Semi-Transparent Solar Cells Achieve 21.68% Efficiency
Breakthrough efficiency of 21.68% in semi-transparent perovskite solar cells by Korea Institute of Energy Research. Key step towards carbon neutrality by 2050.
Feb 22, 2024 // Technology, solar cell, efficiency, Korea Institute of Energy Research, KIER
JSW, POSCO Forge Partnership for Sustainable Indian Steel
Group of India has signed a memorandum of understanding (MoU) with south korea's POSCO Group to collaborate on sustainable steel production and renewable energy in
Oct 29, 2024 // Manufacturing News, India, Asia, POSCO, JSW
African Infrastructure Gets Boost From $12 Billion Climate Fund
on Climate Change and also is funded by developed nations. It is based in south korea.
The ACF's infrastructure fund will initially target financial investments in
Mar 21, 2023 // Markets & Finance News, Africa, gcf, AFC Capital Infrastructure Fund
New South Wales Govt's First Auction Underway for 12 GW RE Zones
This exercise is the very first in a collection of bi-annual tenders over one decade to replace retiring coal fired power stations with modern-day electricity infrastructure.
NSW is targeting the construction of 12 gigawatts of renewable resource by 2030.
Oct 12, 2022 // Storage, Policy, Australia, tender, Oceania, new south wales, Matt Kean, rez, Central-West Orana Renewable Energy Zone, Electricity Infrastructure Roadmap, Minister for Energy
Respite for South East Asia Manufacturers, As US Delays Decision on Solar Tariffs
Vietnam, Thailand as well as Malaysia have remained in the cross hairs of the current relocation, which has been delayed for now.
Oct 5, 2021 // Markets & Finance News, Tariffs, USA, SEIA, North America, solar tariffs, South-East Asia, A-SMACC, department of commerce, job losses, price escalations








