Industry
Hanwha Solutions sells 200 billion won AMPC securitisation
Hanwha Solutions said on May 21 it recently sold about 200 billion won ($130 million) of the Advanced Manufacturing Production Credit (AMPC) it received last year to a third party. It plans to continue accelerating early cash conversion of AMPC to speed up improvements in its financial structure. The AMPC provides tax credits for solar products made in the United States, and the credits can be transferred to third parties.
