Hanwha Q Cells will invest a total of KRW1.5 trillion ($1.28 billion) over the next five years to expand solar module manufacturing capacity and increase research and development activities in its home country.
“The expanded production capacity will include perovskite and TOPCon lines, but it is as yet undetermined what precise capacity this will be,” the spokesperson went on to say, without providing further details.
The plan includes a 3.1 GW production capacity expansion in South Korea, where the company’s solar module capacity will reach 7.6 GW by 2025.
Souece: pv-magazine
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