The Chinese solar panel industry has become dominant through a mix of strong government support, aggressive expansion, billions of cheap finance from state owned banks and low costs. However this has angered other countries where hundreds of solar companies have gone bankrupt unable to fight against the low costs of cheap Chinese made solar modules. […]

Hanwha SolarOne Hanwha Group is one of Korea‚Äôs top ten enterprises. In 2010, Hanwha Group achieved total assets of approximately USD83 billion and total sales of approximately USD 27 billion. Originally established in 1952 as an industrial explosives manufacturer, Hanwha Group has actively expanded its business scope through both organic growth and corporate acquisitions. The […]

Hanwha Hanwha Chairman has got a sentence of 4 years to serve in jail after being found guilty of using company cash for personal use (all $4.5 million of it) and spending an additional $250 million to help his brother. Note Hanwha is one of the top 10 chaebols of South Korea and entered the […]

Sharp Solar Panels There have been hundreds of solar bankruptcies in the last couple of years as solar panel prices have gone down by almost 65% and ASPs have approached the COGs of the lowest cost solar panel manufacturers. However the big Japanese solar panel manufacturers have remained insulated from this wave of failures as […]