Hanwha plans to build the nation’s largest photovoltaic cell plant

Hanwha Group recently announced its decision to building the nation’s largest photovoltaic cell plant. Hanwha Q CELLS Korea will invest 350 billion won ($314 million) to build a 1.5- gigawatt photovoltaic cell plant in Jincheon, North Chungcheong Province.

The Jincheon plant, which is due for completion by late this year, will be the largest in the country. The photovoltaic cells produced at the plant will supply solar energy to the entire 2.5 million population of Daegu. The company said “the cell production plant will mark a cornerstone for Hanwha to branch out into the plant producing cells by shifting its focus from the downstream operations of the photovoltaic sector (photovoltaic power plant design, construction, operation ). ”

Meanwhile, Hanwha Q Cells, another unit of Hanwha Group, also recently released its plans to add a module plant with a 250 megawatts (MW) capacity in Eumsung, North Chungcheong Province, which will begin commercial production within this month. With an additional 250 MW plant, it will operate a total of 500 MW plants.

 
 
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