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HD Hyundai Energy Solutions shares rise amid US solar supply deal

HD Hyundai Energy Solutions shares rise amid US solar supply deal

HD Hyundai Energy Solutions is a South Korean maker of solar cells and modules.

Its shares were up 1.07% at 142,000 won at 9:13 a.m.

on Oct.

13, compared with the previous close.

The company recently signed a 127.8 billion won contract to supply solar modules in the United States.

It is seeking to grow its business in North America, where the article says demand for power is increasing as AI data centers spread.

The company’s solid solar cell and module results are also cited as a reason for expectations of growth.

The share rise reflects investor interest in the US deal and potential demand, but does not guarantee future performance.

The source gives no further details on delivery timing or what happens next.

Sources

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