OCI & Hanwha to remain the serious Contenders Major Korean conglomerates such as Samung, Hyundai and Hanwha had made massive investments in renewable energy spurred on by the Korean government. These companies had gone into manufacturing components using the crystalline solar technology. Samsung and Hyundai solar panels were being sold in different countries using the [...]
Solar Protectionism growing by the Day Solar Protectionism has been growing rapidly amongst major countries with global solar trade wars becoming a rage. Solar Companies not only have to overcome the vicious solar industry downturn with falling prices, revenues and margin, they have also got to successfully traverse dangerous geopolitical currents. Chinese solar companies are [...]
Investment in Offshore Wind Energy The growth potential in offshore wind energy has attracted a large number of top global industrial conglomerates despite the industry not living upto its potential. Offshore wind energy is facing a mounting number of problems like logistics, high cost and project delays. However this has not deterred companies from making billion [...]
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 [...]
The US imposition of duties on Solar panel imports from China has raised the hackles of the Chinese Government which considers the solar industry to be strategic to its future growth. While it will not affect the Chinese exports in a big way considering the easy workarounds, it has the potential of making the Chinese [...]