Industry
Hanwha Solutions Qcells moves to secure space solar technology
Hanwha Solutions\' Qcells division is expanding its high-efficiency solar cell technology from terrestrial use into the space market. The company said on Tuesday it signed a contract with Hanwha Systems to develop high-efficiency solar cell and panel technology for satellites. Under the deal, Hanwha Systems will invest 30 billion won over 2.5 years from 2026 to 2028 to develop tandem solar cells for satellites, while Qcells will lead core research and development.
