SolarPark Korea
SolarPark Korea was a South Korean manufacturer of crystalline-silicon photovoltaic modules established as a German–South Korean joint venture.
Last updated August 26, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
SolarPark Korea was a South Korean photovoltaic manufacturing company focused on crystalline-silicon solar modules. It was established in April 2008, originally under the name SolarWorl Korea Co., Ltd., as a 50:50 joint venture between South Korea's SolarPark and Germany's SolarWorld AG. The business was created around the combination of German photovoltaic production technology and Korean industrial machinery, engineering, and manufacturing capabilities. The company's development was connected to the earlier industrial activities of INMAC, an automated-machinery company established in Seoul in 1981. INMAC later operated a factory and headquarters in Bucheon, Gyeonggi Province, and supplied production-engineering expertise to the SolarPark group. SolarPark itself was established in 2007 and developed into the corporate platform associated with the photovoltaic manufacturing venture. SolarPark Korea built its principal module-manufacturing facilities in Gochang, South Korea. The first stage of the factory was completed in November 2008 with annual capacity of approximately 60 MW. A second expansion raised capacity to about 90 MW in September 2009, and a third stage completed in April 2010 brought the reported total capacity to approximately 250 MW. In September 2008, the company also completed construction of the 15 MWp Gochang Solar Park, linking its manufacturing activities with a utility-scale photovoltaic installation. The company emphasized highly automated production as a way to achieve repeatable quality, large-volume output, and competitive manufacturing costs. Its lines incorporated equipment from suppliers including Somont, 3S, Berger Lichttechnik, Pasan, and Schleich, while the affiliated Inline Mechanics business provided equipment integration. The company reported a production-line capacity per employee of approximately 0.83 MW. SolarPark Korea expanded again in 2012. A second module-production factory was completed in April, with reported additional capacity of 300 MW plus 50 MW and total capacity of approximately 600 MW. At the time, the company described this as the fifth-largest production capacity in Asia when Chinese manufacturers were excluded. In July 2012, SolarPark Korea, SolarPark, and Inline Mechanics completed a merger intended to consolidate the group's photovoltaic manufacturing and production-engineering operations. The ownership structure changed in June 2011, when SolarPark Korea acquired SolarWorld AG's 50 percent interest and became the sole owner of the company. Quality and manufacturing certifications were also recorded during the company's expansion period, including IEC 61215, IEC 61730-1, IEC 61730-2, ISO 9001, and ISO 14001. The company received Korean export-related recognition, including an Industrial Medal associated with exports of 300 million U.S. dollars in 2010. Available reference material documents the company principally through its manufacturing expansion and corporate history up to 2012. It does not establish the company's current ownership, operating status, product portfolio beyond crystalline-silicon modules, or present-day website, so those fields remain unconfirmed.
History
SolarPark Korea's industrial background can be traced to INMAC, an automated-machinery company established in Sogong-dong, Seoul, in April 1981. INMAC later established a factory in Songnae-dong, Bucheon, Gyeonggi Province, in July 1990 and relocated its headquarters there. During the late 1990s it received Korean small- and medium-enterprise and export-promotion recognition. Its machinery and engineering capabilities later became relevant to SolarPark's photovoltaic manufacturing activities through the group's affiliated production-engineering operations. SolarPark Co., Ltd. was established in April 2007. The company received a 3 Million Dollar Export Tower Award and a presidential citation at Korea's 44th Trade Day in November 2007. In April 2008, SolarPark Korea Co., Ltd. was established, initially under the name SolarWorl Korea Co., Ltd., as a 50:50 joint venture between SolarPark and Germany's SolarWorld AG. The venture combined Korean industrial resources with German photovoltaic machinery and engineering knowledge. The company's early physical expansion centered on Gochang. Construction of the 15 MWp Gochang Solar Park was completed in September 2008. Two months later, the first stage of a module-production factory was completed with stated annual capacity of 60 MW. Further factory construction raised reported annual capacity to 90 MW in September 2009 and to 250 MW after the third stage was completed in April 2010. An Inline Mechanics factory was also completed in February 2010, supporting the group's production-automation activities. SolarPark Korea obtained IEC 61215 and IEC 61730-1 and -2 certifications in October 2010. In November of that year, it received the Ston Tower Industrial Medal for achieving 300 million dollars in exports during Korea's 47th Trade Day. The company described automation as central to its manufacturing model, using integrated equipment from several specialist suppliers and relying on Inline Mechanics for equipment integration. Its stated objective was to combine consistent product quality with high-volume and cost-efficient production. In June 2011, SolarPark Korea acquired SolarWorld AG's 50 percent interest and became wholly owned by SolarPark Korea. It subsequently received ISO 9001 and ISO 14001 certifications in September 2011. A second module-production factory was completed in April 2012, adding reported capacity of 300 MW plus 50 MW and bringing stated total capacity to 600 MW. The company characterized this as the fifth-largest production capacity in Asia at the time when Chinese manufacturers were excluded. In October 2012, it passed a potential-induced degradation test conducted by TÜV SÜD. In July 2012, SolarPark Korea, SolarPark, and Inline Mechanics completed a merger. This consolidated the group's corporate, manufacturing, and equipment-engineering structures. The available historical material ends largely with these 2012 developments and does not provide reliable evidence about later ownership, operating continuity, current facilities, or a current commercial product range.
- 2012
Second module factory completed
[1]A second factory was completed, with reported total annual module capacity reaching 600 MW.
- 2012
Group merger completed
[1]SolarPark Korea, SolarPark, and Inline Mechanics completed a merger.
- 2011
SolarWorld interest acquired
[1]SolarPark Korea acquired SolarWorld AG's half share and became wholly owned by SolarPark Korea.
- 2010
Initial production capacity reached 250 MW
[1]The third stage of the module factory was completed, bringing reported total annual capacity to 250 MW.
- 2008
SolarPark Korea established
[1]SolarPark Korea, initially named SolarWorl Korea Co., Ltd., was formed as a 50:50 SolarPark–SolarWorld AG joint venture.
- 2008
Gochang Solar Park completed
[1]Construction of the 15 MWp Gochang Solar Park was completed.
- 2007
SolarPark established
[1]SolarPark Co., Ltd. was established as the corporate predecessor associated with the later photovoltaic manufacturing venture.
- 1990
INMAC opened a Bucheon factory and moved its headquarters
[1]INMAC established a new factory in Bucheon, Gyeonggi Province, and relocated its headquarters to the site.
- 1981
INMAC established
[1]Automated-machinery company INMAC was established in Seoul, providing part of the industrial background later associated with SolarPark's production engineering.
Products and positioning
An industrial photovoltaic manufacturer positioned around automated, high-volume crystalline-silicon module production, combining Korean manufacturing and machinery expertise with German-origin photovoltaic engineering.
Solar modules · 2008
Crystalline-silicon photovoltaic modules
SolarPark Korea's documented core product was the crystalline-silicon photovoltaic module. The company manufactured modules on highly automated production lines designed for consistent quality and high-volume output. Its production system used equipment from specialist suppliers including Somont, 3S, Berger Lichttechnik, Pasan, and Schleich, with integration support from Inline Mechanics. Specific module model names, electrical specifications, and later generations are not identified in the available reference material.
Photovoltaic power project · 2008
Gochang Solar Park
The Gochang Solar Park was a 15 MWp photovoltaic installation whose construction was completed in September 2008. It represented a solar-generation project associated with the company and its manufacturing ecosystem rather than a consumer product line. The available source does not provide detailed information about its later operation, ownership, or current output.
Brand decisions
2012
Merger of SolarPark group companiesStrategyBackground
SolarPark Korea's module manufacturing activities were connected with SolarPark and the affiliated production-equipment company Inline Mechanics.
Action taken
SolarPark Korea, SolarPark, and Inline Mechanics completed a merger in July 2012.
Aftermath
The merger consolidated the group's photovoltaic manufacturing and production-engineering operations. Later corporate consequences are not documented in the supplied material.
2011
Acquisition of SolarWorld AG's stakeM&ABackground
SolarPark Korea had been formed as an equal joint venture between SolarPark and SolarWorld AG. The ownership structure changed when SolarPark Korea acquired SolarWorld AG's 50 percent interest.
Action taken
SolarPark Korea acquired the remaining half of its shares and became wholly owned by SolarPark Korea.
Aftermath
The transaction ended the German–South Korean equal-share ownership structure. The available material does not state the transaction value or subsequent ownership developments.
Recent events
- 2012
SolarPark Korea expanded reported module capacity to approximately 600 MW[1]
Product generation
Completion of a second module-production factory increased reported total annual capacity to approximately 600 MW.
- 2012
SolarPark group companies completed a merger[1]
M&A
SolarPark Korea, SolarPark, and Inline Mechanics completed a merger consolidating the group's photovoltaic manufacturing and production-engineering activities.
- 2011
SolarPark Korea became wholly owned by SolarPark Korea[1]
M&A
SolarPark Korea acquired SolarWorld AG's 50 percent share, making the company wholly owned by SolarPark Korea.
- 2008
SolarPark Korea established as a German–South Korean joint venture[1]
Other
SolarPark Korea, previously known as SolarWorl Korea Co., Ltd., was established as a 50:50 joint venture between SolarPark and SolarWorld AG.
- 2008
Gochang module factory completed its first production stage[1]
Product generation
The first stage of SolarPark Korea's module-production factory was completed with reported annual capacity of 60 MW.
Sources1 sources
Cite this profile: Cite the canonical profile. /brand-wiki/solarpark-korea · Editorial policy · How profiles are compiled