Hyundai-Avancis is a joint venture of Hyundai Heavy Industries and Saint-Gobain. Each party invested KRW 110 billion in the CIGS (copper, indium, gallium, selenide) thin film plant.
Korea: Construction on 100 MW thin film plant underway
Construction on the Hyundai-Avancis 100 megawatt Korean thin film solar module plant has begun. Expected to be operational by 2012, KRW 220 billion (around US $200 million) has been invested in the project.