Shinsung E&G is revamping its solar portfolio to focus on high-output, high-efficiency and low-carbon products. The goal is a qualitative shift across products and its production system, rather than simply expanding production capacity. The company said on Monday it will upgrade its Gimje plant’s existing 500 MW line to focus on specialised high-efficiency, high-output and low-carbon products to respond to tighter carbon-emissions rules and the push to expand renewable energy.

It will begin the shift by unveiling high-output modules rated at 645W or higher. The company plans to target the premium market with the modules, which have higher output than existing products. It also said it views the government’s Carbon Neutral 2050 policy and its renewable energy expansion roadmap as major business variables, and described the portfolio overhaul as a pre-emptive response.

In its power generation business, it is also making the expansion of its renewable energy total service company, or ReSCO, model a key task. ReSCO is a business model that provides financing, installation and operations as a package. Shinsung E&G was formally listed as a ReSCO operator by the Korea Energy Agency on April 17. It aims to lower upfront investment costs through tailored solar solutions and support the community energy transition, aligning with the government’s resident-participation distributed power generation model known as "Sunlight Income Villages".

The company has won multiple large renewable energy projects. Shinsung E&G has consecutively secured orders for the 47 MW Imha Dam project, the 74 MW Saemangeum Sunlight Sharing project and the 300 MW Saemangeum regional-led floating solar project. The company said the experience from these sites supports its power generation technology capabilities.

A Shinsung E&G official said, "This portfolio overhaul is not a simple product upgrade, but work to change the company’s business constitution itself to fit the carbon-neutral era." The official added, "Along with this, we will build a tailored lineup from small, urban distributed generation such as agrivoltaics and balcony solar, and data centre-linked power generation projects, to large-scale floating projects, and make a leap into a comprehensive energy solutions company."