Solar business from Korea

above solar farm in Korea 1.4MWh capacity solar park Korea(his old name is solar world Korea) multi 250watt panel 5,600pcs was install owner of solar farm want to replace all panel because some panel is trouble therefore has start replace by new solar panel 5 Jan. 2018 I want to sale this used solar panel who is interest it please feel free contact me by e-mail or cellular phone best regards, Hak-Gu Lee shinwoo trading +82-10-7272-3410 shinwoo.trade@gmail.com  

OCI or DC Chemicals in Korea, who is major manufacturer of Polysilicon in Korea has  announced  financial results for its 2009 fourth quarter and fiscal year 2009 which ended Dec. 31, 2009 OCI has produce also organic and inorganic chemicals  Total revenue is 2,101.8 billion KRW(about 1,751.5 million USD exchange rate is 1,200KRW/1USD) revenue of polysilicon 803.1billion KRW(about 669.25 million USD) in 2009 OCI is also re-start construction of No 3 polysilicon production plant 10,000MT/year will be complete Dec. this year  about 2010 business for polysilicon, OCI has expect more over capacity of poly silicon in Worldwide  because major and new producers of polysilicon has expand his production capacity therefore he will be concentrated for high quality and high purity polysilicon for high eff. cell   

Hyundai-Kia Chairman Chung Mong-koo By Jane Han, The Korea Times Hyundai Motor and affiliate Kia Motors aim to boost sales by 17 percent this year driven by a recovery in the global economy and a series of new models. The auto group, which sold a record 4.63 million vehicles last year, is targeting sales to rise to 5.4 million in 2010, Chairman Chung Mong-koo said in a New Year's speech to employees, Monday. ``Our teamwork helped turn a crisis into an opportunity when the global auto industry was at its darkest,'' said Chung, who recently ranked as U.S. magazine Motor Trend's 2009 third most influential figure in the auto industry. He said Hyundai and Kia laid the foundation stone to emerge as world-class automakers by expanding their global market share and improving quality and consumer perception. ``Based on our achievements last year, let's work together to make 2010 a year of writing a new history,'' said Chung. The 73-year-old chief said creativity and...

President Lee Myung-bak talks with United Arab Emirates (UAE) President Sheikh Khalifa bin Zayed al-Nahayan at the Emirates Palace Hotel in Abu Dhabi, the capital of UAE, Sunday, after Korea won a $41 billion contract to build nuclear power plants in the Middle East country. / Korea Times Photo by Sohn Yong-seok By Na Jeong-ju, The Korea Times A consortium led by the Korea Electric Power Corp. won a $40 billion contract Sunday to build nuclear power plants in the United Arab Emirates, paving the way for South Korea to become a major energy facility exporter. It is the largest-ever energy deal awarded in the Middle East, which has sought to replace oil with nuclear power and other alternative energy sources amid falling oil reserves. Policymakers here called the contract a diplomatic triumph, saying it will help strengthen the country's economic ties with the region, as well as provide a crucial opportunity to boost shares in the fast-growing energy market. The deal with the Emirate...

LG Electronics will begin production next month at its 120MW crystalline-silicon solar cell manufacturing line in Gumi, South Korea, about 200 kilometers southeast of Seoul. The company said it will open a second line in 2011, which will increase total output to 240MW. LG has invested nearly $187 million in the business. “LG's intention is to become a global player in the world’s solar industry through a combination of our mass production expertise and strict quality control system,” said Kwan-shik Cho, VP of LG's solar business team. “While we recognize this is a crowded playing field, LG has the necessary skills, know-how, and business strategy to make this a profitable venture for the long-term.” The company is also working on thin-film PV technologies. LG announced in July that it had achieved the world’s most efficient (11.1%) large-area (1.1m x 1.3m) thin-film cells. “LG is at the top of the industry in terms of large-area solar cell efficiency," said Cho. "We a...

The nation's top telecom regulator approved the planned merger of three telecom units of LG Group, Monday. But the Korea Communications Commission (KCC) plans to slash policy benefits as the local share by the single entity has already exceeded 13 percent ― the level which is regarded as one of a dominant market player, KCC said in a statement. "We gave the green light for the merger as it will benefit consumers and it is highly unlikely the merger will limit competition in the local telecom market," a KCC spokesman said. "As a result of the merger, the nation's three telecom players including SK Telecom and KT are expected to equally compete with their own fixed- and wireless-based products," the official added. LG Telecom, the nation's smallest mobile operator, will absorb fixed-line operator LG Dacom and Internet service provider LG Powercom by Jan. 1. The merger is aimed to enable LG's telecom units to compete more effectively with their larger d...

In a bid to join the leading global producers of polysilicon, South Korean chemical manufacturer OCI plans to restart construction on a new poly plant inside its existing facility in Gunsan in January. The company (the former DC Chemical) will invest 1 trillion Won (approximately $858.5 million) in its Phase 3 (P3) factory, which will have an annual manufacturing capacity of 10,000 metric tons when commercial production begins in 2011, bringing its total annual poly capability to 27,000 metric tons. OCI, the only company in Korea with its own Siemens process-based polysilicon manufacturing technology, has already built the 6500-metric-ton P1 plant (completed in December 2007) and the 10,500-metric-ton P2 expansion (completed in July 2009). When plans were announced in June 2008, P3 was originally scheduled for completion in December 2009, but its construction was postponed temporarily because of the poly oversupply and macroeconomic conditions, before getting the go-ahead from the comp...

A model wearing shutter glasses watches a full HD 3D monitor panel developed by LG Display, Thursday. LG will roll out more 3D-enabled flat-screens at a time when major TV and PC makers are shifting their panel focus to 3D from the current 2D. / Courtesy of LG Display By Kim Yoo-chul, The Korea Times LG Display, the world's second-biggest producer of LCD panels, has started mass production of what the company claims is the world's first 3D full high-definition (HD) panel. "We've started shipping the panels to a global PC manufacturer," Claire Ohm, a company spokeswoman, said Thursday. The official, however, declined to give further specific financial details such as the deal volume or LG's next targets for the panels. LG said the new product was a 23-inch 3D monitor LCD panel for use with shutter glasses that delivers full HD resolution. The product offers picture quality that is almost twice as crisp as HD 3D displays currently available in the market. "...

By Kim Yoo-chul Staff Reporter of The Korea Times Will LG Group join open bidding to buy a controlling stake in Hynix Semiconductor? Group officials and LG sources told The Korea Times that the group's earlier passive stance toward the controlling stake valued at some $3 billion has not yet changed. Months ago, LG Electronics CEO Nam Yong said that the group's electronics unit has no interest in running the chip business and added LG learned how to survive without memory chips. "The group's top decision makers have reached a broad consensus that more measures would be needed to nurture future growth engines. But that doesn't necessarily mean LG will participate in an auction next month," an LG representative said Wednesday. "We are now busy for a possible management reshuffle," he said. LG Group will conduct a management reshuffle sometime this month. Despite such internal views, market analysts consistently say LG could be the "right buyer...

LG Bets Display Future on Paju Cluster LG Display, the world’s second-largest flat-panel maker, runs two manufacturing factories in its liquid-crystal display (LCD) cluster in Paju, Gyeonggi Province, including an eighth-generation (8G) line, which was the result of a 9-trillion-won investment. / Korea Times By Kim Yoo-chul Staff Reporter PAJU, Gyeonggi Province - South Korean conglomerate LG Group relies on consumer electronics products and high-tech components as its bread and butter. And the group's liquid-crystal display (LCD) manufacturing cluster here is now emerging as the heart of its future business strategies. LG plans to invest around 8 trillion won (about $6.9 billion) through 2018 in its Paju complex, which is providing the manufacturing engine for affiliates LG Display, LG Chem and LG Innotek. LG Display, the world's second-largest flat-panel maker, is using its Paju factories to produce LCD panels for televisions, mobile phones and other devices. LG Chem, the cou...

POSCO, who is the largest steel maker in Korea, announcement Tuesday it has completed construction of a new plant in the U.S. to produce pipes for oil transportation in a joint project with a U.S. company and another Korean maker. The $135 million plant in Pittsburgh will be operated by United Spiral Pipe (USP), a joint venture of POSCO, U.S. Steel Corp. and SeAH Steel Corp., and will produce 270,000 tons of high-quality pipes annually, the company said in a statement. The pipe factory was built next to the USS-POSCO Industries steel plant, another joint venture between POSCO the U.S. steel titan. U.S. Steel and POSCO each own 35 percent of USP, with SeAH owning the remaining 30 percent. For its production of pipes with diameters ranging from 24 to 64 inches, U.S. Steel and POSCO will each provide 50 percent of the steel for the factory, while SeAH will supply its expertise in making spiral welded pipes, POSCO said. POSCO and its partner companies said at a launching ceremony that the ...

LG Display, the world's second-largest flat-screen maker, inked a contract to build an eight-generation liquid crystal display (LCD) plant in Guangzhou, China, company officials said Tuesday. The company will invest $4 billion in its new manufacturing plant, which will begin operations in 2012 and eventually acquire an annual capacity of 120,000 LCD substrates. To establish the factory, LG Display agreed to establish a $1.3-billion joint venture with the city of Guangzhou. LG Display will own 70 percent of the new company, while Guangzhou city and a yet-to-be-determined Chinese television maker will share the remaining 30-percent stake. The company hopes that the upcoming LCD plant will put it in a better position to exploit the rapidly expanding Chinese television market. The market for LCD televisions in China will grow to 40.8 million units in 2012 from 25 million units this year, edging the size of the North American and European markets during the span, according to market res...

STX Solar Ends Solar Cell Plant Construction STX Solar Co., Ltd.’s newly constructed solar cell manufacturing plant entered the production. STX held an opening ceremony for a new solar cell plant at its Gumi headquarter on November 2 with Kang Duk-soo, Chairman of STX Group, Kim Kwan-yong, Governor of Gyeongbuk Province, Lee Hee-beom, Chairman of STX Energy, Kim Young Hak, Vice Minister for Trade and Energy and Yoo-chin Nam, Mayor of Gumi City in attendance. STX Solar’s new plant will enter single crystal solar cells manufacturing. Partnership with Sharp, Japan based No.1 solar cell manufacturer, which transferred production technology and manufacturing facility to STX Solar, helped the company to establish stable manufacturing system only within first month of trial operation. STX Solar began construction in September last year on 58,000㎡ site and completed construction of solar cell plant equipped with a 50MW class solar cell production system in August this year. With module install...

LG Electronics has acquired third-party certification for its solar cell testing facility from TUV Rheinland, a German company involved in technical, safety and certification services. The South Korean company has been investing heavily in the solar cell business over the past five years, looking to invest 220 billion won (about $185 million) to complete two solar cell production lines by the end of 2010. LG claims to be the world's first company to get third-party certification for a solar cell testing facility. The certification will help reduce the time and money spent on safety testing and the certification of solar cell products, the process of which is currently handled by independent organizations. ``When relying on independent product safety organizations, the process takes about a year and costs several tens of millions of won for each product. Gaining certification will cut the time to about six months and allow us to save about 3 billion won annually,'' said an L...

major chemical manufacturer in Korea, HanWha Chemical Co., Ltd, will be produce PV solar cell at Jan. 2010, already completely set up factory of PV solar cell 30MW in Ulsan Korea it's his first factory and will be expand 330MW/year until 2012 every people has know that PV solar market is very bad this new producer can be competition with major old producer in worldwide? who is beginner PV solar cell, didn't has any business relationship PV solar cell and module value chain before Hanwha Chemical is some big chemical company in Korea, no one or two producer of PVC, DOP & LDPE in Korea total sales volume is 1 billion USD the last year and has investment just 30million USD for this first factory, it's small amount than his sales volume but in the further need a lot money for expand capacity of PV solar cell if can't expand capacity can't survivor in hardly competition It's his problems local PV solar market is very sharply drop down in this year because ...

A team of South Korean researchers suggested a new approach that enables dramatic improvement in the low-cost, thin-film solar cells now being developed in laboratories around the world. The new technique could improve the power conversion rates of dye-sensitized solar cells by more than 50 percent of the current level once commercialization is made. Dye-sensitized solar cells, a relatively new class of thin-film solar cell, are considered extremely promising as they are easier to manufacture and use cheaper materials than conventional solar technologies. They can also be engineered into flexible sheets, and are mechanically robust, requiring no protection from minor events like hail or tree strikes. However, improving efficiency has been a major issue. Current lab prototypes of dye-sensitized solar cells convert about one tenth of the incoming sun's energy into electricity, which is about half as efficient as the commercial, silicon-based cells used in electronics devices and roof...

Completion of OCI's Second Polysilicon Plant - OCI becomes World's No. 2 polysilicon maker with 16,500 MT production capacity - OCI commemorated the completion of its second polysilicon plant (P2) in Gunsan on September 29, 2009. Approximately 500 people attended the ceremony, including Chairman Soo Young Lee, President Woo Sug Baik and other executives from OCI, North Jeolla Province Governor Wanju Kim, National Assemblyman Bongkyun Kang, Gunsan Mayor Dongshin Moon, various officials from the central and provincial governments, key customers and Gunsan residents. The new plant has an annual production capacity of 10,000 metric tons. OCI, the only Korean company that has been able to develop its own polysilicon manufacturing technology, invested a total of 1.01 trillion won in the Gunsan complex, and with the completion of its second polysilicon plant it now has a manufacturing capacity of 16,500 metric tons per year. As a result, OCI is now the second largest polysilicon ...

The arrival of the feed-in tariff (FiT) was a much-anticipated one, something that would boost the solar sector and give countries around the globe the incentive they needed to convert from conventional energy sources into the renewable sector. No one could have predicted the upheaval that could have been brought with this seemingly positive move. Spain The first and most prominent downfall came in the shape of Spain. It introduced its generous FiT rate of up to €0.44/kWh back in 2007 when the government expected a steady stream of investment. In response, there came a flood. The country was left accounting for more than 40% of the world's total solar installations in 2008. This huge uptake gave the powers-that-be no choice but to revise the FiT rate, causing Spain to became one of the principal causes of the downturn in the solar industry. Some might say that the evident success stories of other countries like Germany caused a trend to be set for others. Yet in their infancy, unre...

Researchers in South Korea have suggested a new approach to creating cost-effective and more efficient dye-sensitized solar cells, which will mean significant advancement in the thin-film market. So far in the development of this thin-film technique, researchers have faced one major setback; the efficiency of the cells has been half that of the more commonly used silicon-based cells. However, this new approach will improve the power consumption rates of dye-sensitized solar cells by at least 50%. Park Nam-gyu, a researcher from the Korea Institute of Science and Technology (KIST), said his team has discovered a breakthrough method, which enables a sequential bonding of dyes in the thin, titanium dioxide (TiO 2 ) layers used in dye-sensitized solar cells. Park said, ''In the existing prototypes, the TiO 2 films bond with just one kind of dye, and developing techniques to allow the films to absorb dyes of different colours, thus allowing the solar cell to absorb and use a broade...