A leader in the shipbuilding sector, Hyundai Heavy Industries (HHI) is now one of the top companies in heavy industry. Its activities are distributed across six Business Divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro Electric Systems, and Construction Equipment.

As one of the few companies offering premium products driven by solar or wind power, HHI is a key player on the renewable energies market. It is the only South Korean company to manufacture all product types within the whole solar value added chain (from polysilicon and modules to transformers and solar cells). HHI is currently expanding its capacities in order to increase its annual production of solar modules and cells made of silicon from 330 to 600 MWp.

Partnership with AVANCIS promotes further development of CIS photovoltaics

The company is focusing on innovation and diversification in order to become an international provider in the renewable energies sector. The investment in the joint venture with AVANCIS/Saint-Gobain to build a CIS solar plant in South Korea marks a further step by HHI towards sustainable energy generation.

The joint venture's first plant (plant 3) has exactly the same design as AVANCIS's second solar plant currently being built in Germany. It will therefore have the same production capacities and technology. The plant is expected to go live in 2012 and then supply the world market. The modules produced in South Korea are to be distributed by AVANCIS and HHI independently of each other.