- Track record in conventional petrochemical production, e.g. CA, EDC, VCM, led to lower cost and higher profitability at an early stage
- Vertical integration: Complete vertical integration from polysilicon to solar power generation gives a competitive edge in the market
Polysilicon is a core material in photovoltaic production. In particular, the market for solar-grade, high-purity Polysilicon is limited only to a small number of companies possessing sophisticated processing technologies because technology barriers are high and the market entry requires huge initial investment cost. Hanwha Chemical leverages its technologies and knowhow to bring advancement in the solar PV industry.
We have built a Polysilicon plant capable of producing 10,000 tons annually in the Yeosu Industrial Complex and went into commercial production in 2014. Backed by the synergy created among our affiliates, Hanwha Chemical is continuously investing to become a globally leading solar player.
| Hanwha Chemical | Polysilicon |
|---|---|
| Hanwha Q CELLS | Ingot, Wafer/ Cell / Module |
| Hanwha Q CELLS Korea |
EPC & Operations |
TIMELINE
- 2010 Acquired Solarfun Power Holdings, now renamed Hanwha Q CELLS, to enter the photovoltaic business
- 2011 Established Hanwha Q CELLS Korea
- 2012 Acquired Q-CELLS in Germany, ranked as the world's third photoboltaic business
- 2014 Commenced commercial production of polysilicon from Yeosu Plant (10,000 annualized tons)
- 2015 Hanwha Q CELLS emerges as World's top solar cell maker (4.2GW in cell capacity)
- 2016 Increased Yeosu plant's production to 15,000 tons annually
