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Hyundai Steel has launched a joint project to develop next-generation solar panels using steel instead of glass. On September 4, the company signed an agreement with Hanwha Solutions, Lotte Construction, Samhwa Paints, Epscore, and Korea University to co-develop building-integrated photovoltaic (BIPV) modules.
The project supports Korea’s carbon neutrality goals and the government’s plan to make Zero Energy Buildings mandatory for all new constructions by 2050.
Traditionally, solar panels use glass, but Hyundai Steel believes steel can offer stronger durability, better heat conductivity, and higher energy efficiency. The focus is to design BIPV modules that not only perform better but also integrate smoothly into modern architecture.
Under the partnership, Hyundai Steel and Samhwa Paints will develop advanced materials, Epscore will lead product manufacturing, Hanwha Solutions will provide renewable energy expertise, Lotte Construction will focus on building integration, and Korea University will offer research and validation support.
The collaboration aims to connect the entire value chain—from materials to building systems—helping speed up commercialization and global expansion of steel-based solar panels.
Hyundai Steel said the initiative highlights the power of industry-academia cooperation in creating sustainable solutions and expects the new technology to play a key role in future carbon-neutral buildings.
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