Hyundai Heavy Industries started its solar business in 2005 with production centers in Eumseong, Chungcheongbuk-do(province), as part of a plan to bring new business to the table. In December of 2006, the company acquired ‘CE Mark’, an international safety mark recognized in 28 countries of Europe and the safety/quality marks of the ‘International Electrotechnical Commission (IEC)’ recognized in 43 countries around the world.
By the time the second plant was up and operating during the second half of 2009, annual production capacity reached up to 600MW during 2011, where the company now plans to expand up to 1GW in 2012 and 2GW in 2013.
The company initiated its 3,000 ton annual production system of polysilicon through KAM, a joint venture company established between Hyundai and KCC(a renown chemical company in Korea).
In June 2009, the company acquires UL (Underwriters Laboratories) certificate for its photovoltaic modules, a US product safety testing agency. This was marked as the first in Korea, where Hyundai had proved its technology excellence by passing all the requirement tests.
Also in 2010, Hyundai acquired JET certificate and completed the J-PEC registration which are both essential requisite for entering the residential markets of Japan. The company also prepared to brand itself throughout the residential market by developing its very own residential solar generation kit into a widely used commercial brand.
HiS-M295RI, HiS-M300RI, HiS-M305RI, HiS-S255RW, HiS-S260RW, HiS-S265RW, HiS-M250RG, HiS-M255RG, HiS-M260RG, HiS-S260RG, HiS-S265RG, HiS-S270RG
Hyundai's product warranty covers failure due to defective manufacturing and failure due to defective materials. Hyundai Heavy Industries Co., Ltd. (“HYUNDAI”) warrants to the customer (“BUYER”) that the Photovoltaic Modules (“Modules”) supplied under this Contract shall for the duration of the Product Warranty Period be free from defects in materials and workmanship under normal application, installation, use and service conditions. If the Modules fail to conform to this warranty, then for a period ending sixty (60) months from the date of sale to the BUYER (“Product Warranty Period”) and subject to the terms of this Limited Warranty, HYUNDAI will, at its sole option, either repair or replace the Modules or refund the purchase price as paid by the BUYER.
At the end of 25 Years power output should be no less than 80%.
Hyundai's performance warranty covers the output efficiency of your solar system. If, within 10 (ten) years from the date of sale to the BUYER, any Modules exhibit a power output less than 90% of the nominal power output at STC as specified at the date of sale or if, within 25 (twenty-five) years from the date of sale to the BUYER, any Modules exhibit a power output less than 80% of the nominal power output at STC as specified at the date of sale HYUNDAI will replace such loss in power by either providing to the BUYER additional Modules to make up such loss in power, or by repairing or replacing the defective Modules or by refunding the Purchase Price taking into account a yearly depreciation of 4 (four) % of the Purchase Price, at the sole option of HYUNDAI.
Public Independent Subsidiary of Hyundai Heavy Industries Co., Ltd.
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