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South Korea's Hanwha Group has announced that it will invest 4.
4 trillion won (about 26.
8 billion yuan) in core and new businesses every year over the next five years, from 2018 to 2023, to expand its global footprint, the most important of which is solar power
.
It is reported that the investment plan announced this time has increased by 37%
compared with the original annual average of 3 trillion won (about 18.
3 billion yuan).
In May, Hanwha Group announced that it would open a U.
S.
-based solar module factory in the U.
S.
in 2019, with an estimated annual production capacity of more than 1.
6 GW
.
Since the Trump administration announced high tariffs on imported solar cells, the world's major manufacturers have begun to announce their factories in the United States to avoid high import taxes
.
At the same time, earlier this month, Hanwha Group also announced that its board of directors had received a preliminary nonbinding proposal letter (proposal letter) from Hanwha Solar Holdings Limited (HSH), a subsidiary of
Hanwha Chemical Corporation, filed on August 2, 2018.
This article uses the real-time exchange rate of 1 South Korean won = 0.
006098 yuan
South Korea's Hanwha Group has announced that it will invest 4.
4 trillion won (about 26.
8 billion yuan) in core and new businesses every year over the next five years, from 2018 to 2023, to expand its global footprint, the most important of which is solar power
.
It is reported that the investment plan announced this time has increased by 37%
compared with the original annual average of 3 trillion won (about 18.
3 billion yuan).
In May, Hanwha Group announced that it would open a U.
S.
-based solar module factory in the U.
S.
in 2019, with an estimated annual production capacity of more than 1.
6 GW
.
Since the Trump administration announced high tariffs on imported solar cells, the world's major manufacturers have begun to announce their factories in the United States to avoid high import taxes
.
At the same time, earlier this month, Hanwha Group also announced that its board of directors had received a preliminary nonbinding proposal letter (proposal letter) from Hanwha Solar Holdings Limited (HSH), a subsidiary of
Hanwha Chemical Corporation, filed on August 2, 2018.
This article uses the real-time exchange rate of 1 South Korean won = 0.
006098 yuan
