Hanwha Solutions

KB Securities analyst Wooje Chun named Hanwha Solutions and DL Holdings as top solar stock picks, arguing that surging electricity prices more than offset higher module costs and interest rates. Module prices are expected to climb from $0.30-0.33 per watt to $0.38-0.437 per watt, a 32% increase, but because modules account for only 31% of costs for utility-scale systems and 11% for residential installations, the overall impact on total investment costs stays modest at 3-10%. The U.S. 10-year Treasury yield rose from 4.42% in the second quarter of 2026 to 5.24% as of September 28, while three-year PJM power futures jumped to $89.5 per megawatt-hour on September 28, up 37% year-over-year and 20% from the second quarter of 2026, with MISO up 14% and ISO-NE up 15%. KB Securities calculates that a 14% rise in power purchase agreement prices would lift revenue by $36.1 million for a typical 100-megawatt utility-scale solar plant, while higher interest rates would add only $3.3 million in interest expense, and even a 16% increase in total investment costs would be offset by a 5.6% hike in PPA prices. Hanwha Solutions is favored for its EPC and third-party ownership businesses and its module business, which produces 80% of its output in the United States, while DL Holdings benefits from two U.S. gas-fired power plants in the PJM market totaling 2.1 gigawatts, held at 25% and 30% ownership stakes, as power purchase prices rise without matching increases in Henry Hub natural gas prices.

Anthropic opened a Seoul office and announced a series of partnerships across South Korea's artificial intelligence ecosystem as the Claude developer expands in Asia ahead of a public listing. The company signed a memorandum of understanding with South Korea's Ministry of Science and ICT to collaborate on public-sector AI adoption, model safety testing, and cybersecurity threats. Major business groups including LG CNS, Hanwha Solutions, and Samsung SDS are deploying Claude, while NAVER uses Claude Code for software development and Nexon has integrated Claude into game development workflows. Anthropic will also provide Claude access to about 60 researchers at South Korea's National AI Research Lab for work on AI safety and frontier research. The Seoul office is led by Kiyoung Choi, who joined in May as Representative Director of Korea from Snowflake.