Hyundai Heavy Industries has been working in the renewable energy sector since 2004 and in the production of photovoltaic cells since 2007. Hyundai Energy Solution was founded back in 2016.
From then onwards it has been recorded a huge and continuous growing in production as well as export of photovoltaic cells and modules.
Hyundai known as a reliable corporation in the market
Hyundai comes out to be one of the most trustworthy corporations in the photovoltaic market. A bankable corporate as attested by the best evaluation from D&B corresponding to “5A1”, the impact on the company image was extremely positive.
Production capacity
Hyundai guarantees a continuous supply due to its large production capacity, which in 2021 reached 4.4 GW.
In 2021 new production plants has been implemented which brought to an increase of its production capacity up to 1.35 GW in just one year.
Given the strong expansion of the photovoltaic market, Hyundai in 2022 aims to further expand its output by increasing the current capacity up to 3 GW in total allowing its partners a constant modules supply.
