South Korea

Australia’s Redflow seeking AU$14.5m, shifts focus to lead-acid replacement market

Australian stock exchange-listed battery maker Redflow has announced a AU$14.5 million ($11.25 million) funding round, as the Brisbane-based company takes its manufacturing base offshore and turns its attention to a market “sweet-spot” including the off-grid, telecom, commercial and industrial sectors.


Korean firm to build 280 MW of floating PV capacity

Korea Rural Community Corp. has revealed plans to build up to 280 MW of floating solar capacity at three sites in South Korea by 2019.


Solkiss to build world’s largest rotating solar plant in South Korea

The South Korean solar developer will install a 2.67 MW floating solar farm on the Deoku Reservoir that will rotate to track the sun’s rays throughout the day, delivering a 22% increase in harvest, the company claims.


Hanwha Q Cells returns to profit in Q1

The South Korean-headquartered solar company posts operating income of $28 million following loss of $21 million in Q4 2016. Revenue was steady, but shipment figures were once again left undisclosed.

APVIA sees steady Q1 growth in Asian PV

The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.

Korean University team develops 21.2% efficient perovskite solar cell

Researchers at the Ulsan Institute of Science and Technology (UNIST) in South Korea have announced the development of a method to produce perovskite solar cells, which the University says could contribute to commercialization of the technology.


Astronergy finishes 16.5 MW in South Korea

The Chinese PV supplier invested 29.7 billion Korean won ($26.8 million) in the project on Jeju Island, roughly 80 kilometres south of the Korean peninsula.

Q4 contraction does not dampen record 2016 for Hanwha Q Cells

The South Korean solar company posted record revenues and module shipments last year, increasing 34.8% and 55% respectively year-on-year.

KACO New Energy to ship 300 MW of inverters to South Korea

The German firm signs framework agreement with DNE Solar for the delivery of 300 MW of string inverters to be installed across South Korea.

Settlement clears the way for SunEdison FBR polysilicon sale to GCL-Poly

SunEdison Semiconductor has agreed to allow the transfer of intellectual property to the world’s largest polysilicon and wafer maker, which is seeking to develop FBR polysilicon.

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