OCI acquires 65% stake in Vietnam solar wafer plant to tap US market

Lim Jae-seong 기자
입력
기사원문
성별
말하기 속도

이동 통신망을 이용하여 음성을 재생하면 별도의 데이터 통화료가 부과될 수 있습니다.

Rendered image of OCI Holdings' Vietnamese solar wafer plant (OCI Holdings)


OCI Holdings, Korea’s sole solar polysilicon producer, has acquired a 65 percent stake in a solar wafer plant in Vietnam, aiming to expand its presence across the solar panel supply chain and capitalize on US restrictions on Chinese solar products.

The company said Monday that its Singapore-based subsidiary OCI ONE purchased a $78 million stake in the plant, which is under construction by Elite Solar Power Wafer Co.

Once completed at the end of October, the plant will have an annual production capacity of 2.7 gigawatts of solar wafers, OCI said.

The wafers, made from OCI’s polysilicon, will be processed into solar cells and assembled into solar panels. OCI Holdings expects the Vietnamese facility to generate immediate revenue, supported by strong demand for nonprohibited foreign entity, or non-PFE, solar components for US projects.

While China accounts for over 80 percent of the global solar supply chain, the PFE restrictions, introduced under the One Big Beautiful Bill in July, disqualify solar panel components linked to certain Chinese or other restricted entities from eligibility for US tax incentives.

OCI Holdings also noted that the new plant offers flexible scalability, with capacity potentially doubling within six months through an additional $40 million investment.

“This strategic investment brings us closer to building a supply chain that facilitates US exports,” said Lee Woo-hyun, chairman of OCI Holdings. “We will continue to strengthen our presence in the global solar market by fostering partnerships with local companies in Southeast Asia.”

이 기사는 언론사에서 세계 섹션으로 분류했습니다.
기사 섹션 분류 안내

기사의 섹션 정보는 해당 언론사의 분류를 따르고 있습니다. 언론사는 개별 기사를 2개 이상 섹션으로 중복 분류할 수 있습니다.

닫기
이 기사를 추천합니다