[Market Focus] Hanwha Solutions Hits 52-Week High on News of Korean Team's Space Solar Power Breakthrough

Hanwha Solutions hit a new 52-week intraday high early on the 19th.

At around 10:21 a.m. that day, Hanwha Solutions was trading at 55,000 won on the Korea Exchange, up 19.83% from the previous session. The share price has been surging since early trading, repeatedly setting new 52-week highs.

Market sentiment appears to have集中 on the stock following recent news about space solar power-related developments by a Korean research team.

On this day, the Ministry of Science and ICT announced that a research team led by Professor Lee Taewoo of Seoul National University had developed a new synthesis technology that enables mass production of perovskite nanocrystals while maintaining 100% luminous efficiency. The results of this research were also published on the 18th (local time) in the international academic journal Nature.

Perovskite is a key material used in space solar power and related applications. Interest in related materials and technologies has increased after Elon Musk, CEO of SpaceX and Tesla, mentioned space data centers and other concepts. Hanwha Solutions is currently conducting mass-production validation of tandem cell technology that combines perovskite with silicon.