Hanwha Solutions has announced a plan to accelerate its solar technology roadmap, including a significant push into perovskite tandem solar cells. The South Korean energy and materials company approved a 2.4 trillion KRW (≈ US$1.6 billion) rights offering aimed at both strengthening its balance sheet and funding next-generation solar investments.
According to various reports, approximately 1.5 trillion KRW of the raised funds will go toward debt repayment and the remaining funds are earmarked for solar innovation and capacity expansion:
- 100 billion KRW will fund a perovskite tandem pilot production line.
- 800 billion KRW will support mass production expansion, including building gigawatt-scale facilities and expanding TOPCon (Tunnel Oxide Passivated Contact) cell output.
Hanwha Solutions plans to integrate perovskite tandem technologies into its broader strategy of shifting toward high-efficiency, high-output solar products, positioning itself for leadership in the global market.
