HHI invested $20.8 million in Yincheng County, South Korea, to build a new solar energy research and development center as a base for 600MW battery and module manufacturing operations.
Lee Chung-dong, chief operating officer of Hyundai Heavy Industry's Green Energy Department, said that "the new solar energy research and development center is equipped with cutting-edge equipment to consolidate our leading position as a comprehensive environmental protection company by reducing costs and increasing efficiency."
The company is increasingly focusing on advanced battery and component technology to increase its differentiation in overcrowded markets.
The company said that the development of copper emitter selective emitter solar cells has been completed so that the conversion efficiency is as high as 19.7%. At the same time, the development of an emitter-passivated back-local doping (PERL) cell has also been completed, with a conversion efficiency of 20.4%. The company stated that both technologies have passed the Fraunhofer ISE certification.
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