Hanhwa SolarOne to Set up 230 MW Photovoltaic Module Plant in Eumseong | Be Korea-savvy

Hanhwa SolarOne to Set up 230 MW Photovoltaic Module Plant in Eumseong


20141117110117_2192349241

SEOUL, Nov. 19 (Korea Bizwire)In a bid to strengthen its presence in the growing Korean solar power generation market, Hanhwa SolarOne will expand its domestic manufacturing capacity.

Hanwha SolarOne, headquartered in China with manufacturing facilities in Korea, decided to build a 230-MW photovoltaic module manufacturing facility in Eumseong, North Chungcheong Province. The 230-MW photovoltaic modules can generate enough electricity on which the city of Gimpo in the west of Seoul can depend.

Hanhwa SolarOne aims to begin the operation from May 2015, by investing 13 billion won. With the facility, the company expects to gain annual sales of 140 billion won and more than 7 billion of operating profit.

20141117110117_5662811935

Image Credit: Hanhwa SolarOne / photonews@koreabizwire.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>