[Market Highlight] Hanwha Solutions Up 11% on Rising Hopes for 'Space Solar Power'

Hanwha Solutions is up more than 11% during intraday trading on the 17th.

As of 10:11 a.m. on March 17, 2026, at the Korea Exchange, Hanwha Solutions was trading at 51,200 won, up 11.18% from the previous session.

It appears that growing expectations for the potential use of space-based solar power are boosting investor sentiment. While analysts in the securities industry expressed skepticism about short-term benefits, they forecast that, in the long term, this could be positive for the entire industry.

Hwang Sunghyun, a researcher at Eugene Investment & Securities, said, "Expectations for space AI-based data centers (AIDC) and solar power have grown following Elon Musk's visit to Chinese solar companies," adding, "In the short term, since p-type HJT (heterojunction) cells with strong resistance to space radiation degradation are likely to be utilized, the potential benefit to Hanwha Solutions is not considered significant."

He continued, "However, considering that the annual operating rate of global solar power facilities is only around 50% based on a capacity of 1,200GW, if the expansion of space AIDC generates more than 100GW of annual demand, the solar power market could recover rapidly. In particular, if Starlink V3 is launched, it is possible that up to 270GW of annual demand could be created, which is evaluated positively."

This content was produced with the assistance of AI translation services.