Search results for Qcells
Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
Hanwha Solutions is speeding up measures to fill a funding gap after cutting the size of its rights offering. The company said on Wednesday it issued 300 billion won worth of redeemable convertible preferred shares through its Qcells unit’s U.S. EPC business entity. It also recently securitised $220.3 million, or about 340 billion won, of advanced manufacturing production tax credits for 2025 and 2026, early-monetising the full amount received for 2025.
Industry
Hanwha Solutions Q1 operating profit up 205 percent to 92.6 billion won
Hanwha Solutions said first-quarter operating profit rose 205.5 percent from a year earlier to 92.6 billion won, while revenue increased 25.5 percent to 3.88 trillion won on a consolidated basis. It marked a return to operating profit for the first time in three quarters since the second quarter of 2025. The company said U.S. solar customs delays eased, plant operations normalised and profitability improved across renewable energy, chemicals and advanced materials.
Industry
Hanwha Solutions board joins executives in share purchases
All outside directors at Hanwha Solutions will buy company shares in support of a rights issue, the company said on Sunday. Board chairman Jang Jae-su and outside directors Song Gwang-ho, Bae Seong-ho and Lee A-young said they agreed on the need for the rights issue announced on March 26. Their participation follows earlier share purchase plans announced by senior executives, including Vice Chairman Kim Dong-kwan.
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Industry
Hanwha Solutions to use 2.4 trillion won to defend credit rating, repay borrowings
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AI & Enterprise
More South Korean companies adopt \'frontier transformation\' by rebuilding with AI
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Industry
LG Energy Solution converts Tennessee plant to ESS production
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Industry
Energy risks grow amid global war, space data centres draw attention
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Industry
K-battery big three look to ESS to offset EV losses
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Industry
LG Energy Solution signs 5 GWh ESS battery supply deal with Hanwha Qcells