Sneha Shah
Long/short equity, research analyst, tech, solar

Hanwha Solar One: Set To Soar As Market Share Increases

Hanwha Solar One (HSOL) is part of the South Korean Hanwha Group and is one of the biggest solar producers in the world. This Chinese company was bought by Hanwha in 2010 when the Korean chaebols started to expand into green industries. While the other Korean companies such as LG, Samsung and Hyundai have curtailed their solar ambitions, Hanwha is going full steam ahead. HSOL forms the most important part, given its low cost operations in China. Hanwha recently bought the bankrupt German solar cell supplier Q-Cells which made Hanwha one of the biggest solar companies in the world. Hanwha is also building a polysilicon plant in South Korea which will make it a fully integrated solar company like Renesola...

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