A senior executive at Hanwha Solar One has resigned from his position at the company to join Hanwha Group-owned German PV manufacturer Q Cells.
The resignation took effect as of 1 August.
Dong Kwan Kim, chief strategy officer and member of the board of Hanwha Solar One, has been appointed chief strategy officer at Q Cells. The Hanwha Group, one of the biggest business conglomerates in South Korea, acquired Q Cells in August last year, launching Hanwha Q Cells in October.
Q Cells had filed for insolvency in April 2012. Integration between the two companies has been gradual so far. After both companies rebranded initially following the acquisition, the biggest step to date toward integration has been the merging of Q Cells International, the project development arm of Q Cells, with Hanwha Solar Energy America in July 2013 to form Hanwha Q Cells USA.
Kim joined Hanwha in January 2010 and then Hanwha Solar One in December 2011 and according to a statement issued by Hanwha, played an integral role in developing Hanwha Group's strategy to identify solar as an important growth engine for the business group.
Dong Kwan Kim’s main aims at Hanwha Q Cells will be to increase the company’s market share in Europe and to expand its downstream operations.