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Hanwha SolarOne Co., Ltd Message Board

  • jimjimbo51 jimjimbo51 Aug 16, 2013 10:34 PM Flag

    Part 2

    The annual production capacities of major solar companies such as Suntech in China, First Solar in the U.S., and Sharp in Japan are around 1GW. Even if existing manufacturers are going to expand their production capacity on a large scale, Hanwha might be one of the top solar product manufacturers after it completes its expansion to 4GW by 2020. Many Korean companies are recently entering the solar business, which produces eco-friendly energy and has a high-growth potential in the future. Hyundai Heavy Industry is currently operating a 370MW PV cell line, LG is operating a 120MW PV cell line, and Samsung is testing a pilot line to participate in the solar business soon. Hyundai Heavy Industry is planning to expand its PV cell and module production capacity up to 600MW by the beginning of 2011, and plans another increase to 1GW by 2012. LG, which entered the solar business at the beginning of this year, will invest a total of $1 billion USD in the solar business by 2015, and is planning to establish a 1GW PV cell line by 2013. Samsung announced that the solar business was included in its 5 future main businesses, it will invest around $6 billion in this sector and expects to make $10 billion USD in sales from the solar business.
    The solar business can typically improve a company’s profitability by increasing its production. Korean companies are newcomers in the solar business, but they are expected to be successful with aggressive investment. Furthermore, they expect a synergistic effect between their own competencies in other business such as semi-conductors, LCD, and chemical.

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    • Korean companies are newcomers in the solar business, but they are expected to be successful with aggressive investment.---- Oh yeah ????

      Samsung will invest around $6 billion in this sector and expects to make $10 billion USD in sales from the solar business. ----- Oh yeah ????

      Why doesn't Samsung just buy Hanwha's shares of HSOL & help us all out

      What next ?????

    • Agreed. But Hanwha is #1 Korean solar. Will be Samsung of cell and Hyundai of cars.

      Sentiment: Strong Buy

      • 1 Reply to glaschutte
      • Hanwha First Solar is still majority chinese owned therefore Chinese co. Hanwha's deep pockets make it easier for Hsol to procure loans because of Hanwha's 49% Shareholder stake in Hsol. Still the LOAN just achieved by Hsol was from a chinese bank, not Hanwha. Since this article a lot has changed in solar industry, some dropped out, Hanwha Chemical bought Q-Cells 100% not just a shareholder stake and made their technology core which they share in various forms, started that in May of this year with Hsol.
        Hsol should do fine, with a little more tweeking.
        There was a reason I posted a question on Hsols' big down day, to the guy bragging about calling drop to $3. Question was will it drop to $2.82 of just six days before. I was waiting there, glad I did. Got some Csiq also, wouldn't add til they announced terms of offering.

        good luck

 
HSOL
2.60+0.08(+3.17%)2:43 PMEDT

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